Former U.N. ambassador Nikki Haley leaves Boeing board, opposing federal aid
Former U.N. ambassador Nikki Haley has resigned from Boeing Co’s board after opposing its bid for government financial assistance due to the crisis caused by the coronavirus outbreak.
JPMorgan’s Jamie Dimon recovering well, mid-April return possible: source
JPMorgan Chase & Co Chief Executive Officer Jamie Dimon’s recovery from recent heart surgery is going well and the face of the U.S. banking industry could be back to work as soon as mid-April, a source said on Thursday.
LVMH considering buying Tiffany’s shares on open market: Bloomberg News
French luxury goods maker LVMH , which last year agreed to buy Tiffany & Co for $16.2 billion, is considering buying shares of the U.S. jeweler for less on the open market, Bloomberg News reported https://www.bloomberg.com/news/articles/2020-03-19/lvmh-is-said-to-consider-buying-tiffany-shares-on-open-market on Thursday, citing people familiar with the matter.
U.S. oil reverses losses, posts largest one-day gain on record
U.S. crude oil prices spiked by 25% on Thursday, the largest single-day gain on record, recouping some losses from three days of selling that drove the benchmark to near 20-year lows.
U.S. politician Nikki Haley resigns from Boeing board
Boeing Co said on Thursday Nikki Haley, former U.S. ambassador to the United Nations, has resigned from its board, opposing the company’s move to seek financial support from the federal government amid the 737 MAX and the coronavirus crisis.
Catholics worldwide pray with pope for end to coronavirus pandemic
Catholics around the world joined Pope Francis in praying the rosary on Thursday night to ask God to end the coronavirus pandemic, which has killed more people in Italy than anywhere else.
U.S. airlines double down on request for cash as senate leader touts ‘loans’
Major U.S. airlines on Thursday doubled down on a request for government cash grants even as Senate Majority Leader Mitch McConnell suggested assistance would be in the form of loans.
Tesla U.S. vehicle factory to suspend production due to coronavirus
Tesla Inc will suspend production at its California vehicle factory beginning on March 24 to comply with local orders aimed at curbing the spread of coronavirus, the company said on Thursday.
Brazil records 7th coronavirus death, closes land borders
Brazil’s coronavirus death toll rose to seven on Thursday, including the first fatalities in tourist hotspot Rio de Janeiro, as Latin America’s largest nation closed more borders to visitors and the foreign minister waded into a diplomatic spat with Ch…
U.S. grocery meat supply to improve soon, after virus-fueled demand surge: Tyson Foods
Demand for U.S. meat at grocery stores will likely exceed supplies for at least another week, the chief executive of Tyson Foods Inc told Reuters on Thursday, as the coronavirus pandemic fuels panic buying among shoppers.
