U.S. drilling lease sales draw few bids during oil market meltdown
Oil and gas lease sales offered by the Trump administration in three Western states on Tuesday drew few bids as a crash in energy prices tamped down interest among drillers.
Apple expects to start reopening some stores in first half of April: Bloomberg News
Apple Inc could start re-opening some of its retail stores in the first half of April, Bloomberg reported on Tuesday, citing an internal memo.
USDA, USTR cite progress on farm provisions of U.S.-China trade deal
The United States and China have made progress in implementing the agriculture-related provisions of a Phase 1 trade deal that took effect on Feb. 14, the U.S. Department of Agriculture (USDA) and U.S. Trade Representative said on Tuesday.
U.S. locks in tariffs on wooden cabinets from China
The U.S. International Trade Commission said on Tuesday it made a final determination that dumped and subsidized imports of wood cabinets and vanities from China were harming American producers, locking in steep U.S. tariffs for five years.
Banks, regulators move to protect customers from wave of coronavirus scams in UK, U.S.
UK banks are stepping up fraud prevention measures to protect customers from scammers eager to exploit the coronavirus pandemic with a whole range of new tricks, including fake sales of medical supplies and bogus government relief schemes.
Oil little changed as falling demand offsets hopes of U.S. aid package
Oil prices rose modestly on Tuesday, but settled off the day’s highs as the coronavirus pandemic’s heavy toll on demand offset hopes for a forthcoming $2 trillion U.S. economic relief package.
Fed’s ‘bazooka’ soothes dollar funding squeeze
The U.S. Federal Reserve’s efforts to shield the economy from coronavirus effects have, for now, slowed a scramble for dollars that threatened to clog funding markets, bringing back some calm on Tuesday.
Stocks, gold surge on new stimulus from Fed, others
Financial markets rebounded sharply on Tuesday, with a measure of global equities headed for its biggest bounce since the crisis erupted a month ago, while the safe-haven dollar recoiled as investors welcomed unprecedented global stimulus efforts.
Boeing CEO does not want U.S. to take stake in company after coronavirus stimulus
Boeing Co Chief Executive Dave Calhoun said on Tuesday he does not want the U.S. Treasury to take an equity stake in the planemaker as a condition of government loans as credit markets freeze amid the coronavirus pandemic.
Netflix, Facebook to cut data traffic in India to ease network congestion
Streaming service Netflix Inc and social media giant Facebook Inc said on Tuesday they would reduce the amount of data their services use to ease congested telecoms networks in India, where millions are using home internet amid a lockdown to contain …
