San Francisco Bay Area to open for manufacturing, curbside retail
Businesses in the San Francisco Bay Area may open for manufacturing, retail with curbside pickup and warehouse distribution, health directors of five counties that make...
J.C. Penney to permanently shut about 242 stores as part of bankruptcy plan
J.C. Penney Co Inc plans to trim its store count by 29% to about 604, as the U.S. department store chain looks to focus on...
Walmart trailed supermarkets amid peak panic-buying: data
Americans increased their visits to supermarkets far more than to Walmart Inc stores as panic-buying peaked in mid-March, a Reuters analysis of foot traffic to...
Oil futures on track for two-month highs as lockdowns ease
Oil prices jumped on Monday, with both U.S. and Brent benchmarks on track for their highest settles in two months, supported by optimism about resumption...
Wall Street soars on hopes of stimulus, coronavirus vaccine
Wall Street’s main indexes surged on Monday as encouraging early data from a potential coronavirus vaccine trial boosted sentiment, with investors also counting on more...
U.S. auto industry returns to life after lockdown
The Detroit Three automakers and their suppliers began restarting assembly lines on Monday after a two-month coronavirus lockdown in a slow revival of a sector...
IMF chief warns full global economic recovery unlikely in 2021
The global economy will take much longer to recover fully from the shock caused by the new coronavirus than initially expected, the head of the...
Wall Street surges on hopes for stimulus, coronavirus vaccine
Wall Street’s main indexes surged on Monday as encouraging early data from a potential coronavirus vaccine trial boosted sentiment, with investors also counting on more...
Delta to resume flying several major routes in June
Delta Air Lines said on Monday it would resume flying several major routes in June that were suspended due to the COVID-19 pandemic....
Brent at one-month high, U.S. oil tops $32 as lockdowns ease
Oil prices jumped on Monday, with benchmark Brent hitting a one-month high and U.S. crude topping $30, supported by optimism about the reopening of economies...