McDonald’s to reopen 15 outlets in UK this month, fast food fans relieved
McDonald’s Corp said it would reopen 15 restaurants in the United Kingdom this month, only for delivery, leaving some fast food fans cheering.
Tesla tumbles after tweet from Musk account saying stock too high
Shares of Tesla Inc tumbled 10% on Friday following a tweet from Chief Executive Elon Musk’s Twitter account that the electric car maker’s recently high-flying stock is overly expensive.
World stocks fall as Trump’s China tariff threat dampens risk appetite
A sharp fall on Wall Street dragged a global stocks index down on Friday on concerns that the world’s two largest economies could resume a trade war, with many financial markets closed for a holiday.
U.S. manufacturing activity plunges to 11-year low as orders sink
U.S. manufacturing activity plunged to an 11-year low in April as the novel coronavirus wreaked havoc on supply chains, suggesting the economy was sinking deeper into recession.
U.S. airlines mandating facial coverings for all passengers
The largest U.S. airlines are moving rapidly to mandate facial coverings for all passengers, with Southwest Airlines Co and Alaska Airlines on Friday joining other major airlines in imposing the measure to address the spread of the coronavirus and co…
U.S. House panel calls on Amazon’s Bezos to testify on third-party sellers
The U.S. House of Representatives Judiciary Committee on Friday called on Amazon.com < AMZN.O> founder Jeff Bezos to testify to the panel about allegations that the online retailer uses data from its own third-party sellers to create competing pr…
Wall St. slides as Trump warns of new China tariffs
Wall Street’s main indexes fell on Friday after President Donald Trump threatened to slap new tariffs on China over the coronavirus crisis, while a profit warning from Amazon added to the gloom.
Think Wall Street’s back to normal? Not so fast, options markets say
Options investors are preparing for more volatility ahead despite last month’s sharp rebound in U.S. stocks, reflecting doubts that markets will be quick to return to their former highs in the middle of the coronavirus pandemic.
Embraer suffered ‘pain’ in preparing Boeing deal, commercial head says
The head of Embraer’s commercial aircraft unit defended the benefits of a $4.2 billion tie-up abandoned by Boeing Co last week, but said the Brazilian aerospace group was focusing on its future as a re-united company.
Ford Chairman’s daughter joins board of directors at EV startup Rivian
Ford Motor Co said on Friday Executive Chairman Bill Ford Jr’s daughter would immediately join electric vehicle startup Rivian’s board of directors.
