Fed’s Bullard says another coronavirus economic relief bill may not be needed
A top official at the U.S. Federal Reserve said on Sunday the $2.3 trillion economic relief bill approved by Congress was appropriately sized and that a further relief effort may not be needed if support efforts are well executed.
How one Silicon Valley factory keeps running in the age of coronavirus
The managers at Green Circuits — a small Silicon Valley electronics factory — thought they would have to close when the San Francisco Bay Area directed non-essential businesses to shut almost three weeks ago.
United slashes New York-area flights due to coronavirus
United Airlines said late Saturday it will drastically reduce flights to two New York City airports amid the coronavirus outbreak.
Trump threatens tariffs on oil imports to ‘protect’ U.S. energy workers
U.S. President Donald Trump said on Saturday he would impose tariffs on crude imports if he has to “protect” U.S. energy workers from the oil price crash that has been exacerbated by a war between Russia and Saudi Arabia over market share.
Trump says if he has to put tariffs on oil imports to protect energy workers he will
President Donald Trump said on Saturday he would put tariffs on imports of crude oil or take other measures if he has to protect energy workers from the oil price crash.
Single passenger flights: The daily woes of airlines, and the crew still working
When Reuters photographer Carlos Barria boarded American Airlines flight 4511 from Washington Reagan National Airport to New Orleans on Friday for an assignment, he was the only passenger on the 76-seat jet.
Capital One says it won’t use CFTC waiver related to oil lending
U.S. lender Capital One Financial Corp said on Saturday it would not use a U.S. Commodity Futures Trading Commission (CFTC) waiver after commodity price volatility lifted the bank’s derivatives exposure toward a key regulatory threshold.
Exclusive: Amazon in contact with coronavirus test makers for potential screenings on employees
Amazon.com Inc has been in contact with the CEOs of two coronavirus test makers as it considers how to screen its staff and reduce the risk of infection at its warehouses, according to internal meeting notes seen by Reuters.
Mexican president calls on Russia, Saudi Arabia to end oil price war
Mexican President Andres Manuel Lopez Obrador on Saturday called on Russia and Saudi Arabia to reach a deal soon and end their oil price war to avoid deepening the oil price crisis.
Trump says will ask Congress for more small business funds if money runs out
U.S. President Donald Trump said on Saturday he would ask Congress for more money to make loans to small businesses struggling with the economic fallout from the coronavirus outbreak if the original $349 billion allocated in a fiscal stimulus bill runs…
