3M wins injunction against mask seller accused of price gouging
3M Co won an injunction from a federal judge against a New Jersey company it accused of illegally using its trademarks to sell 3M-branded N95...
Book a table for fast food? Burger King trials post-lockdown app in Italy
Burger King is trialling an app for ordering food and booking a table at its outlets in Italy, as it seeks to persuade locals it...
Fed’s Evans says ‘reasonable’ to expect U.S. growth in second half of 2020
Chicago Federal Reserve President Charles Evans said on Tuesday it’s “reasonable” to expect the U.S. economy to return to growth in the second half of...
U.S. trade deficit widens, services sector contracts amid coronavirus
The U.S. trade deficit increased by the most in more than a year in March as a record drop in exports offset a shrinking import...
Lufthansa to pay no dividend for 2019 as airline seeks bailout
Lufthansa shareholders on Tuesday agreed to not distribute 298 million euros ($323 million) in retained profits as a dividend for 2019, as the airline enters...
Oil surge lifts global stocks out of three-day losing streak
A gauge of global stock markets snapped a three-day losing streak on Tuesday as moves to ease major economies out of their coronavirus lockdowns lifted...
Thomson Reuters cuts sales outlook, narrowly misses earnings estimates
Thomson Reuters cut its full-year sales outlook due to disruption to the global economy from the coronavirus crisis on Tuesday as it reported higher quarterly...
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...