U.S. private payrolls tumble by a record 20.2 million in April
U.S. private employers laid off a record 20.236 million workers in April as mandatory business closures in response to the novel coronavirus outbreak savaged the...
United Airlines to raise $2.25 billion in bonds, rolls back plan to cut work hours
United Airlines Holdings Inc said on Wednesday it plans to raise $2.25 billion through a bond offering amid a coronavirus-linked slump in air travel demand,...
Barrick profit jumps on higher gold prices, eyes deals
Barrick Gold Corp posted a nearly 55% rise in quarterly profit on Wednesday as gold prices surged, bolstering its ability to snap up mines including...
GM sets May 18 North American restart as profit tops estimates
General Motors Co on Wednesday outlined plans for a May 18 restart of most of its North American plants shut down by the coronavirus pandemic...
U.S. private payrolls plunge by a record 20.2 million in April
U.S. private employers laid off a record 20.236 million workers in April as mandatory business closures in response to the novel coronavirus outbreak savaged the...
Fed’s Bullard: Drop in U.S. payrolls ‘not a surprise’ given shutdowns – CNBC
The massive drop in U.S. private payrolls for April, reported on Wednesday, is “not a surprise” but employment could recover dramatically in the second half...
Uber to cut 3,700 jobs, CEO Khosrowshahi to waive base salary
Uber Technologies Inc will cut about 3,700 full-time jobs and Chief Executive Officer Dara Khosrowshahi will forgo his base salary for the remainder of the...
Wall Street climbs on hopes of easing restrictions
U.S. stocks opened higher on Wednesday on hopes of a pickup in business activity with states easing coronavirus-induced curbs, while investors looked past a stunning...
United Airlines to raise $2.25 billion through bond offering
United Airlines Holdings Inc said it plans to raise $2.25 billion through a bond offering as it grapples with a slump in air travel demand...
Wall Street set to open higher on lockdown easing optimism
U.S. stock indexes were set to open higher on Wednesday on hopes of a pickup in business activity with states easing coronavirus-led curbs, while investors...