Wall Street gains with PayPal boost despite weak jobs data
Wall Street’s indexes climbed on Thursday following a clutch of upbeat earnings reports led by PayPal as investors looked past more weak jobs data caused...
Free beer! German brewery gives away beverages it can’t sell
Unable to deliver to hotels and restaurants closed due to coronavirus restrictions, a German brewery on Thursday gave away some 2,600 litres (690 gallons) of...
U.S. stock funds shed $10.8 million in week: Lipper
U.S.-based stock funds posted $10.8 billion in outflows in the week ended ON Wednesday, according to Lipper....
Stay-at-home stocks Amazon, Microsoft lift Nasdaq into gain for 2020
The Nasdaq was on track to end Thursday in positive territory for 2020 after winning back the vast majority of steep losses caused in recent...
Exclusive: U.S. companies got emergency government loans despite having months of cash
When American companies recently applied for U.S. government loans meant to help small businesses survive the coronavirus crisis, they had to certify they needed the...
Airbus deliveries plunge 80% in April
Airbus deliveries tumbled 80% to just 14 aircraft in April, compared with a year earlier, as operations were hit by the coronavirus crisis, company data...
How Deere, Caterpillar kept plants running during the coronavirus outbreak
While Detroit automakers’ unionized auto factories have been idled by the coronavirus pandemic, farm and construction equipment makers Deere and Caterpillar have won the support...
Virgin Atlantic job cuts will help win new investment -internal memo
Virgin Atlantic’s planned 3,150 job cuts will show the airline is taking “self-help” measures and help it to win financial support from either the British...
Millions more Americans file for jobless benefits; productivity tanks
Millions more Americans sought unemployment benefits last week, suggesting layoffs broadened from consumer-facing industries to other segments of the economy and could remain elevated even...
Panama’s Copa Airlines planning to retire Boeing 737-700 fleet
Panama’s Copa Airlines said on Thursday that it is planning to retire early its fleet of 14 older Boeing 737-700 NG planes, the latest carrier...