Trump urges U.S. House to approve latest coronavirus relief bill
U.S. President Donald Trump on Tuesday welcomed the agreement reached between Republican and Democratic lawmakers to provide more coronavirus relief funding for small businesses and others.
U.S. Senate approves nearly $500 billion more for coronavirus bailout
The U.S. Senate on Tuesday unanimously approved $484 billion in additional coronavirus relief for the U.S. economy and hospitals treating people sickened by the pandemic, sending the measure to the House of Representatives for final passage later this …
Georgia tests boundaries of life post-pandemic with ‘risky’ reopening
A handful of mostly southern U.S. states will begin loosening economic restrictions this week in the midst of a still virulent pandemic, providing a live-fire test of whether America’s communities can start to reopen without triggering a surge that may…
Netflix doubles expected signups but warns coronavirus boost may fade
Netflix Inc more than doubled its own projections for new customers as quarantined audiences binged on series such as “Tiger King,” but the company predicted a weaker second half of the year if stay-at-home orders to fight the coronavirus are lifted.
Analyst View: Oil price crash, what next?
A historic rout in oil markets sent U.S. crude prices plummeting to as much as minus $40 a barrel on Monday as traders rushed to get rid of unwanted stocks with storage capacity already overflowing amid a coronavirus-induced demand collapse.
Lawsuit claims 10 big banks rigged market for ‘odd-lot’ U.S. corporate bonds
Ten of the world’s largest banks, including JPMorgan Chase and Bank of America, have been sued for allegedly conspiring over nearly 14 years to rig prices in the $9.6 trillion U.S. corporate bond market, costing ordinary investors billions of dollars.
GM folds Maven car-sharing unit, citing coronavirus
General Motors Co said on Tuesday it is shutting down its Maven car-sharing unit, after suspending operations because of the novel coronavirus.
Uber launches website to help drivers navigate U.S. unemployment system
Uber Technologies Inc on Tuesday launched a website to help its ride-hail and delivery drivers navigate the intricate U.S. unemployment system, with many gig workers still waiting to receive jobless pay provided under a U.S. coronavirus response bill….
Boeing names CFO to manage new group overseeing key operations
Boeing said on Tuesday it was naming chief financial officer Greg Smith to oversee a newly formed group that will consolidate several key operational areas.
Texas Instruments forecasts weak earnings to reflect coronavirus threat
Texas Instruments Inc on Tuesday forecast current-quarter revenue and profit largely below Wall Street estimates after posting first-quarter results above expectations, as the chip industry braces for a big hit from the coronavirus outbreak.
