California county says Tesla may not reopen vehicle factory, stifling Musk’s plans
Tesla Inc “must not reopen” its vehicle factory in the San Francisco Bay area as local lockdown measures to curb the spread of the coronavirus remain in effect, the local county health department said on Friday.
Chipotle secures $600 million credit line amid coronavirus crisis
Chipotle Mexican Grill Inc has secured a new year-long $600 million revolving credit line, a regulatory filing showed https://bit.ly/2SOtm6L on Friday, as the restaurant chain looks to deal with the fallout from the COVID-19 pandemic.
Wall Street jumps as historic job losses fewer than feared
Major U.S. stock indexes jumped on Friday and logged solid gains for the week after data on historic job losses due to the coronavirus crisis showed they were slightly fewer than feared.
As pandemic rages, anything goes for bitcoin’s third ‘halving’
Bitcoin is about to undergo a scheduled technical adjustment as the number of new coins awarded the computer wizards who “mine” the cryptocurrency will be cut in half, but forecasting which way its price will move afterward is more complicated now.
Wall St. climbs 1% as historic job losses fewer than feared
Major U.S. stock indexes climbed on Friday and were on track to log solid gains for the week after data showing historic job losses from the coronavirus crisis were slightly fewer than feared.
Coronavirus deals U.S. economy Great Depression-like job losses, high unemployment
The U.S. economy lost a staggering 20.5 million jobs in April, the steepest plunge in payrolls since the Great Depression, laying bare both the economic and human tragedy wrought by the novel coronavirus pandemic.
Wall Street jumps as historic job losses better than feared
Wall Street’s main indexes gained on Friday as staggering job losses in April due to the coronavirus outbreak were still slightly better than feared, adding to optimism from an easing in U.S.-China friction.
Exclusive: Iran-linked hackers recently targeted coronavirus drugmaker Gilead – sources
Hackers linked to Iran have targeted staff at U.S. drugmaker Gilead Sciences Inc in recent weeks, according to publicly-available web archives reviewed by Reuters and three cybersecurity researchers, as the company races to deploy a treatment for the C…
Wirecard revamps management board amid probes
Wirecard Chief Executive Markus Braun apologised to shareholders on Friday as the company announced a reshuffle of its management board and appointed a new compliance officer, days after the hedge fund TCI demanded Braun’s removal.
U.S., China trade officials press ahead with ‘Phase 1’ deal as Trump mulls termination
Top U.S. and Chinese trade representatives played down deep differences over the economic wreckage of the coronavirus pandemic and said they would press ahead with implementing their “Phase 1” trade deal after an overnight phone call.
