Markets

Wall Street's main indexes fell at the open on Thursday as data showed the number of Americans filing for unemployment benefits rose last week for the first time in nearly four months, suggesting a recovery in the labor market was stalling.

AMC Entertainment Holdings Inc said on Monday it delayed the reopening of its movie theaters in the United States to mid to late August, in alignment with the new release dates of Disney's "Mulan" and Christopher Nolan's thriller, "Tenet".

WASHINGTON: Claims for government benefits by newly unemployed American workers rose to 1.42 million last week, the Labor Department said on Thursday (Jul 23), reversing weeks of declines as COVID-19 cases skyrocket nationwide. The increase defied analysts' expectations of another weekly drop in ...

Southwest Airlines will keep the Boeing Co 737 MAX off its schedule through mid-December, it said on Thursday, as regulators review the grounded plane's return after two fatal crashes.

Southwest Airlines and American Airlines each slowed their cash burn over the second quarter but warned that demand had stalled as COVID-19 cases spike, prompting Southwest to rethink the number of flights it had planned to add in August and September.

A Dutch politician whose "verified" Twitter account was among those taken over by hackers this month told Reuters on Thursday the company believes his private messages had been accessed, potentially exposing dissidents in other countries.

S&P 500 and Dow futures hovered near five-month highs on Thursday, as signs that a new coronavirus relief package was at hand lifted sentiment ahead of weekly unemployment data.

Southwest Airlines Co on Thursday warned that travel demand would remain depressed until a vaccine or treatment for COVID-19 becomes available, as it posted a US$915 million loss for the second quarter.

Hershey Co quarterly sales missed estimates on Thursday, as the economic fallout of the COVID-19 pandemic kept people from spending on its chocolates and candies in overseas markets, such as Brazil and Mexico.

American Airlines Group Inc reported its second consecutive quarterly loss on Thursday, as the coronavirus crisis crushed demand for air travel.