Wendy’s menu runs short as virus hits U.S. beef supplies
Wendy’s Co said on Tuesday its restaurants may face a shortage of many menu items, including hamburgers, as beef processors in the United States struggle...
U.S. household debt reached $14.3 trillion, credit standards tightened in first quarter
American households added $155 billion of debt in the first quarter and overall debt levels rose to a new record at $14.30 trillion, the Federal...
White House adviser expects U.S. unemployment rate for April to be ‘north of 16%’
White House economic adviser Kevin Hassett on Tuesday said he expects the U.S. unemployment rate was above 16% in April, as the coronavirus pandemic began...
Wall Street jumps as battered energy shares rise, lockdowns ease
U.S. stock indexes jumped on Tuesday as a recovery in oil prices lifted battered energy stocks and a slew of countries eased coronavirus-induced restrictions in...
Global airlines body IATA backs face masks for safe flying
The body representing global airlines came out in favour of passengers wearing masks onboard on Tuesday, as debate intensifies over how to get airlines flying...
IATA says face masks should be worn on flights in future
The body representing global airlines says that it is recommending the wearing of masks on flights to prevent the spread of coronavirus when flying restarts....
Fiat Chrysler plunges to loss, to reopen U.S. plants on May 18
Fiat Chrysler Automobiles (FCA) plunged to a first-quarter loss of $1.8 billion and warned of a “significant” loss this quarter, even as it prepares to...
Wall Street jumps as oil recovers, coronavirus-lockdown eases
Wall Street’s main stock indexes opened higher on Tuesday as oil prices staged a recovery and a slew of countries eased coronavirus-led restrictions in an...
Lyft offers new cheaper rides with more waiting time
Lyft Inc said on Tuesday it would expand its program that provides cheaper rides to customers willing to wait longer for their pick-ups, at a...
Fiat Chrysler plunges to loss, but no change to PSA deal
Fiat Chrysler Automobiles (FCA) plunged to a first-quarter loss of $1.8 billion and scrapped its full-year earnings forecast on Tuesday, as the automaker grapples with...