Reuters: Top News
Exclusive: Germany in talks to inject billions into Lufthansa - sources
Thu, 02 Apr 2020 11:41:41 -0400
Germany is in talks to provide Lufthansa with billions of euros in state aid and could take a stake in the airline, which has grounded 95% of its fleet due to the coronavirus pandemic, people close to the matter said.
Boeing to offer voluntary layoffs to employees to tide over coronavirus fallout
Thu, 02 Apr 2020 11:41:02 -0400
Boeing Co Chief Executive Officer Dave Calhoun outlined a plan of voluntary layoffs for employees on Thursday, while warning that the coronavirus pandemic would have a lasting impact on the global aerospace industry.
U.S. deaths, joblessness mount as coronavirus exacts toll on Americans
Thu, 02 Apr 2020 11:40:41 -0400
The coronavirus pandemic triggered a record 6.6 million jobless claims in a week and killed nearly 1,000 Americans in a single day, the latest data show, as the crisis led officials to order more than 80% of the U.S. population to stay home.
Oil soars after Trump says Saudis and Russians to cut output
Thu, 02 Apr 2020 11:38:14 -0400
Oil prices soared on Thursday after U.S. President Donald Trump said he expects Russia and Saudi Arabia to announce a major oil production cut, and Saudi state media said the kingdom was calling an emergency meeting of oil producers to deal with the market turmoil.
Why is New Orleans' coronavirus death rate nearly three times New York's? Obesity is a factor
Thu, 02 Apr 2020 11:31:24 -0400
The coronavirus has been a far deadlier threat in New Orleans than the rest of the United States, with a per-capita death rate almost three times that of New York City. Doctors, public health officials and available data say the Big Easy's high levels of obesity and related ailments may be part of the problem.
Thousands of U.S. banks may sit out small-business rescue plan on liability worries: sources
Thu, 02 Apr 2020 11:24:54 -0400
Thousands of U.S. banks, including some of the country's largest lenders, have said they may not participate in the federal government's small-business rescue program due to concerns about taking on too much legal and financial risk, five people with direct knowledge of industry discussions told Reuters.
U.S. weekly jobless claims blow past 6 million mark
Thu, 02 Apr 2020 11:24:46 -0400
The number of Americans filing claims for unemployment benefits shot to a record high of more than 6 million last week as more jurisdictions enforced stay-at-home measures to curb the coronavirus pandemic, which economists say has pushed the economy into recession.
Instant View: Weekly US jobless claims top 6 million for first time
Thu, 02 Apr 2020 11:24:46 -0400
The number of Americans filing claims for unemployment benefits last week shot to a record high for a second week in a row - topping 6 million - as more jurisdictions enforced stay-at-home measures to curb the coronavirus pandemic, which economists say has pushed the economy into recession.
WeWork troubles deepen as SoftBank pulls $3 billion tender offer
Thu, 02 Apr 2020 11:24:08 -0400
SoftBank Group Corp said it has terminated a $3 billion tender offer for additional WeWork shares agreed last year with shareholders, drawing threats of legal action and plunging the floundering office space company further into crisis.
Pelosi forms bipartisan panel to oversee $2 trillion coronavirus relief
Thu, 02 Apr 2020 11:22:02 -0400
U.S. House of Representatives Speaker Nancy Pelosi said on Thursday she will form a bipartisan select committee on the coronavirus crisis to oversee the spending of $2 trillion Congress has approved to respond to the pandemic.

rssfeedwidget.com