U.S. car rental firm Hertz names new CEO
Hertz Global Holdings Inc on Monday appointed Paul Stone as its chief executive officer days after the U.S. car rental company raised going-concern doubts following...
A California cafe reopens with a payroll loan, but the future unclear
Chris and Amy Hillyard opened their Oakland, California restaurant late last month for the first time since mid-March, thanks in large part to a government...
Futures jump on promising data for COVID-19 vaccine
U.S. stocks futures jumped on Monday after Moderna Inc said its experimental vaccine for COVID-19 showed promise in early trials and that it was looking...
Thyssenkrupp in talks with rivals over steel business: source
German conglomerate Thyssenkrupp is in talks with international rivals about consolidating its loss-making steel business, a person familiar with the matter said....
Exclusive: U.S. probes PerkinElmer’s role in massive Medicare fraud – sources
Medical diagnostic firm PerkinElmer Inc faces a federal investigation into its role in an alleged Medicare fraud involving tens of thousands of unnecessary genetic cancer...
U.S. auto industry starts to return to life after lockdown
The U.S. auto industry slowly returned to life on Monday, with some vehicle assembly plants reopening after the coronavirus lockdown while suppliers geared up to...
Tech firms sweeten deals for U.S. banks cutting costs in crisis
Top technology services firms are offering payment deferrals, discounts of up to 20% and other sweeteners to some U.S. banks to keep their business as...
Brent at one-month high, U.S. oil tops $31 as restrictions ease
Oil prices climbed by $2 a barrel on Monday, with benchmark Brent hitting a one-month high and U.S. crude topping $30 supported by optimism about...
Trump admin slaps solar, wind operators with retroactive rent bills
The Trump administration has ended a two-year rent holiday for solar and wind projects operating on federal lands, handing them whopping retroactive bills at a...
Oil and European shares rise as lockdowns ease; gold jumps
European stock markets rose on Monday and oil prices climbed to their highest in as much as two months as a loosening of coronavirus shutdowns...