Markets

Governments face a temptation to extend the emergency and defer the eventual reckoning and distribution of costs, says Professor Harold James.

Caesars Entertainment Corp missed quarterly revenue estimates on Monday as it shuttered its casinos amid nationwide lockdowns to contain the spread of the COVID-19 pandemic.

BOSTON: Sandwich maker Potbelly Corp on Monday (May 11) promised to reimburse activist shareholders' expenses with stock not cash, creating a situation that lawyers call an outlier for now but which they said could find traction in tough economic times. The two sides reached a settlement that ...

The arts and humanities should gain traction in the age of tech and coronavirus, say Linda Lim, Gunalan Nadarajan and Jessie Yang.

Demand for goods the money can be spent on has disappeared as businesses see little need for new capital spending to meet market demand that does not exist, says the Financial Times' John Dizard.

Sandwich maker Potbelly Corp on Monday promised to reimburse activist shareholders' expenses with stock not cash, creating a situation that lawyers call an outlier for now but which they said could find traction in tough economic times.

President Donald Trump on Monday said he is not in favor of the United States reopening negotiations with China on Phase 1 of a trade deal, which the two countries agreed on at the beginning of the year.

NEW YORK: Wall Street stocks finished mixed on Monday (May 11) as markets weigh hopes about reopening the economy against worries over coronavirus cases and the damage already inflicted by the shutdowns. The Dow Jones Industrial Average ended down 0.45 per cent at 24,221.99. The tech-rich Nasdaq ...

Tesla Inc on Monday told employees at its California vehicle factory to return to work, a few days after local officials said the plant should remain closed as lockdown measures remain in effect to curb the spread of the coronavirus.

LONDON: Britain's smaller companies could be saddled with up to 105 billion pounds (US$129 billion) in "unsustainable" debt by March next year that will need recapitalising, a financial services body told the Bank of England on Monday (May 11). TheCityUK, which promotes Britain's financial ...