Amazon tells staff globally to work from home if possible
Amazon.com Inc on Thursday said it was recommending that employees globally work from home this month if they are able to do so, while warehouses and other facilities stayed operational so packages could keep shipping to customers.
U.S. airlines capping fares from Europe as Americans seek flights home
American Airlines Inc , United Airlines and Delta Air Lines Inc on Thursday said they were capping fares for U.S.-bound flights from Europe as U.S. citizens flock to European airports trying to return home after new air travel restrictions ordered by…
Global airlines call for government aid as new U.S. coronavirus travel curbs bite
Airlines on Thursday appealed for urgent government financial support as transatlantic carriers rushed to cut flights in the wake of new U.S. travel restrictions on Europeans aimed at combating the coronavirus outbreak.
Panic grips financial markets after U.S. travel curbs, ECB move
Panic hit world financial markets on Thursday after stimulus efforts from the European Central Bank failed to calm investors alarmed by U.S. moves to restrict travel from Europe because of the coronavirus pandemic.
As Trump’s stock market gains shrink, he says it will ‘work out fine’
For three years, U.S. President Donald Trump has touted a stunning run-up in the stock market as evidence of his success in the White House. In the space of three weeks, most of those gains have evaporated.
Plunging Wall Street stocks end record bull run
Wall Street tanked on Thursday, slamming the book on the longest-ever U.S. bull market after new travel restrictions to curb the coronavirus spread spooked investors and rattled world markets.
Airbus: End of Washington state tax break of Boeing just ‘initial step’
Europe’s Airbus on Thursday welcomed a move by Washington state to remove what it called “illegal subsidies” to Boeing, but said the U.S. planemaker had received billions of dollars in other subsidies and tax breaks.
Washington state repeals pro-Boeing tax break; U.S. hopes to avoid EU tariffs
Washington state on Thursday moved to formally repeal an aerospace tax break that benefited U.S. planemaker Boeing and avert looming European Union tariffs on U.S. goods.
Exclusive: France to allow some Huawei gear in its 5G network – sources
France will authorize the use of some of Huawei’s equipment in the rollout of its 5G network, two sources close to the matter told Reuters, despite U.S. calls to exclude the Chinese telecoms giant from the West’s next-generation communications.
Slack shares slump on full-year billings forecast, jump in expenses
Slack Technologies Inc forecast lower-than-expected billings for fiscal 2021 on Thursday and saw its expenses soar in the fourth quarter, sending its shares down more than 20% aftermarket.