U.S. homebuilder confidence rises in May
Confidence among U.S. single-family homebuilders rose in May, potentially signaling that the worst of the economic downturn was probably over as the country gradually reopens...
Exclusive: Nissan’s survival plan for Europe: SUVs and sharing with Renault
Nissan Motor Co is working on a plan to scale back its European business, focusing on sport utility and commercial vehicles as well as more...
Nissan’s survival plan for Europe: SUVs and sharing with Renault
Nissan Motor Co is working on a plan to scale back its European business, focusing on sport utility and commercial vehicles as well as more...
Starbucks reopens in Italy but keeps Milan flagship closed
Italians will be able to grab a cup of their favorite Starbucks coffee again after the group said on Monday it would reopen its Italian...
Wall Street jumps at the open on coronavirus vaccine hopes
U.S. stock indexes shot up in early trade on Monday as encouraging data from a potential COVID-19 vaccine trial fueled optimism, while investors also counted...
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...