NEW YORK: Wall Street stocks finished higher on Thursday (Mar 19) following a volatile session as investors weighed massive government stimulus measures being proposed against some of the first data showing the sharp US economic slowdown underway. The Dow Jones Industrial Average gained 0.95 per ...
The trade group for U.S. auto parts makers on Thursday asked the government for emergency grants "to keep the doors open," tariff relief and other assistance to cope with mounting pressures from the coronavirus crisis.
Citigroup Inc asked its non-essential workers across North America to hold off on logging into its remote access system until 1 p.m. on Thursday, as it braced for many employees to begin working from home, according to sources familiar with the matter.
Boeing Co said on Thursday Nikki Haley, former U.S. ambassador to the United Nations, has resigned from its board, opposing the company's move to seek financial support from the federal government amid the 737 MAX and the coronavirus crisis.
LATAM Airlines Group , South America's largest carrier, will cut pay to its 43,000-strong workforce by 50per cent for three months due to economic fallout from the coronavirus outbreak, a source close to the situation told Reuters on Thursday.
REUTERS: Amazon.com Inc said on Thursday (Mar 19) it has halted its Prime Pantry delivery service in the United States to restock groceries, following a surge in online orders by shoppers worried about the coronavirus pandemic. "Amazon Pantry is not accepting new orders at this time while we work...
A wave of layoffs at restaurants, bars and hotels, as efforts to contain the coronavirus pandemic bring much of everyday American life to a halt, could drive new applications for U.S. unemployment benefits to a record 1.5 million or more next week, economists warned on Thursday.
Activist investor Starboard Value is pressuring eBay for the second time in two years and said on Thursday that it plans to install four directors on the e-commerce company's 14-member board.
Amazon.com Inc has started asking customers to cooperate with a Department of Justice criminal investigation of third-party sellers on its e-commerce marketplace, according to an email seen by Reuters.
Amazon.com Inc has started asking customers to cooperate with a Department of Justice criminal investigation of third-party sellers on its e-commerce marketplace, according to an email seen by Reuters.
