U.S. stocks advance as some states reopen for business
Wall Street gained more than 1% on Monday at the onset of a hectic earnings week, as investors turned a hopeful eye toward several U.S. states that are relaxing shutdown restrictions put in place to curb the spread of the COVID-19 pandemic.
Allianz agrees on bankassurance deal with BBVA
German insurer Allianz has struck a deal to invest in the bancassurance business of Spanish lender BBVA , the companies said on Monday, confirming an earlier report by Reuters.
U.S. judge rules talc lawsuits against J&J can proceed, testimony limited
Thousands of plaintiffs who say that Johnson & Johnson’s baby powder and talc products caused cancer can go forward with their claims, but face limits on what expert testimony will be allowed in trials after a Monday ruling by a New Jersey judge.
U.S. oil plunges 25%, Brent falls below $20 a barrel
Brent crude fell below $20 a barrel and U.S. crude plunged 25% on Monday, driven lower by skittish investors fleeing the U.S. benchmark due to lack of available storage to deal with a coronavirus-induced collapse in demand.
Verizon will not cancel customers through June 30 because of coronavirus
Verizon Communications Inc , the largest U.S. wireless carrier, said Monday it will extend a commitment through June 30 not to cancel service or charge late fees to customers because of the coronavirus pandemic.
Wall Street gains as some U.S. states reopen for business
Wall Street advanced on Monday as investors girded for a busy earnings week while turning a hopeful eye toward several U.S. states that are relaxing shutdown restrictions put in place to curb the spread of the COVID-19 pandemic.
Wall Street gathers steam as U.S. states prepare to reopen
U.S. stock markets jumped more than 1% on Monday as more states prepared to ease stay-at-home orders and investors geared up for one of the busiest weeks of quarterly earnings reports, including from tech titans Apple and Microsoft.
Shares up on lockdown easing hopes; oil drops further
Global stock markets rose on Monday as investors cheered news that more countries and U.S. states were looking to ease lockdowns and the Bank of Japan expanded its stimulus program, while the price of oil continued to crumble as storage runs out.
U.S. banks in another mad grab for $310 billion in new small-business aid
U.S. banks on Monday began another chaotic dash to grab $310 billion in fresh small-business aid released by the government, after 11th-hour changes to the first-come-first-served program led to technology issues for some lenders.
Airbus to furlough 3,200 staff at Broughton factory in Wales
Airbus will furlough around 3,200 staff at its Broughton factory in Wales, the European planemaker said on Monday after it warned staff that the coronavirus crisis had put its survival at stake.
