Volkswagen considering more cost cuts to cope with downturn
Volkswagen <VOWG_p.DE > is considering more cost cuts to help cope with the economic impact of the coronavirus pandemic, a spokesman for the German automaker...
OPEC and allies to agree one-month extension to output cuts
OPEC and its allies led by Russia are “most likely” to agree on a one-month extension to an oil production cuts deal on Saturday, an...
Trump administration orders Marriott to cease Cuba hotel business
The Trump administration has ordered Marriott International to wind down hotel operations in Communist-run Cuba, a company spokeswoman told Reuters, extinguishing what had been a...
U.S. will allow Chinese passenger carriers two flights per week
The U.S. Transportation Department said on Friday it will allow Chinese passenger air carriers to operate two flights per week after Beijing said it would...
Exclusive: U.S. weighs blacklisting dozens more oil tankers over Venezuela – officials
The United States is considering imposing sanctions on dozens of additional foreign oil tankers for trading with Venezuela, U.S. officials told Reuters on Friday, the...
Surprise U.S. unemployment rate drop leaves out blacks, Asians
The U.S. unemployment rate dropped unexpectedly in May, but not all workers benefited equally as joblessness among African Americans and Asians rose, signaling some minorities...
Wall Street rallies to end higher on surprise U.S. jobs report
Wall Street surged on Friday after a strikingly upbeat May jobs report unexpectedly provided the clearest evidence yet that the U.S. economy is headed for...
May’s jobs report stunner: real deal or head fake?
The U.S. economy unexpectedly added jobs in May, surprising economists and analysts who had forecast millions more losing their livelihoods, and raising hopes of a...
Wall Street closes up sharply on surprise U.S. jobs report
Wall Street surged on Friday after a strikingly upbeat May jobs report unexpectedly provided the clearest evidence yet that the U.S. economy is headed for...
Trump threatens EU, China with tariffs; names Navarro ‘lobster king’
U.S. President Donald Trump on Friday threatened to impose tariffs on European Union cars if the bloc does not drop its tariff on American lobsters,...