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Reuters: Business News

American joins United, others in suspending more NYC New! 2020-04-05 22:48:21American Airlines Group Inc said late Sunday it would suspend more flights in and out of New York City's three main airports for about a month, join

Oil drops over $1 on oversupply after OPEC+ New! 2020-04-05 22:31:52Oil prices slipped more than $1 a barrel on Monday, after the world's top producers delayed a meeting to discuss output cuts that could partly allevi

Tesla engineers show ventilator prototype on YouTube New! 2020-04-05 21:35:25Engineers at Tesla Inc showed a prototype for a ventilator on Sunday evening in a video published on the company's YouTube channel, as hospitals aro

Oil skids on oversupply fears, stocks jump on New! 2020-04-05 20:41:08Oil prices skidded on Monday after Saudi-Russian negotiations to cut output were delayed, keeping oversupply concerns alive, while stocks jumped as in

Wall St. looks for light at end of New! 2020-04-05 20:14:22Wall Street analysts and investors see a risk that stocks could retest recent lows in the coming days or weeks as they worry about the spread of the v

Solid chip sales unlikely to cushion Samsung's virus-hit New! 2020-04-05 19:34:24The coronavirus-driven global shift to working from home is set to have boosted demand for Samsung Electronics' memory chips from laptop makers and d

Rolls-Royce to ditch targets and suspend dividend due New! 2020-04-05 19:23:01British aero-engine maker Rolls-Royce will abandon its targets on profits, cash and deliveries, and suspend its dividend, as airlines around the worl

EasyJet founder says will not inject fresh equity New! 2020-04-05 19:05:03Stelios Haji-Ioannou, the founder of easyJet Plc , has warned that he will not inject any fresh equity into the airline until it terminates a contract

Oil prices decline $3 a barrel as market New! 2020-04-05 18:51:21Global benchmark oil prices traded as much as $3 a barrel lower as the market opened for Monday's trading session, reflecting fears of oversupply aft

Exclusive: Silver Lake to seek more than $16 New! 2020-04-05 18:44:36Private equity firm Silver Lake Partners is preparing to seek at least $16 billion from investors for its sixth flagship buyout fund, braving the econ

Boeing extends Washington state production shutdown indefinitely New! 2020-04-05 18:11:05Boeing Co said on Sunday it would extend the suspension of production operations at its Washington state facilities until further notice amid the cor

U.S. banks to defend dividend payments in stress New! 2020-04-05 13:04:43U.S. banks are expected to defend their dividend payments when they submit their annual capital plans to the Federal Reserve on Monday for the upcomin

BBC News - Business

NMC Health lender applies to court for administration New! 2020-04-05 14:17:08The FTSE 100 firm has been under scrutiny for alleged unauthorised financial activities.

Coronavirus: ExCel U-turns on charging NHS for hospital New! 2020-04-05 08:36:44The owner of the centre will now cover costs for the NHS Nightingale Hospital.

Coronavirus: Tech firms summoned over 'crackpot' 5G conspiracies New! 2020-04-05 05:54:40Government will tell social media firms to take down posts more quickly after attacks on masts.

Coronavirus: 'I don't want a flight voucher, where's 2020-04-03 17:05:58The airlines' trade body wants to give vouchers for cancelled flights but passengers are unhappy.

My Money: 'People have started leaving their houses 2020-04-03 17:04:41As part of a BBC blog series, Jen Smith talks us through one week as pandemic restrictions ease in Shenzhen.

Small businesses worry coronavirus loans ‘too risky’ 2020-04-03 14:30:16Owners of small businesses tell the BBC they still have concerns about the government’s loan scheme.

Coronavirus halts a decade of US jobs growth 2020-04-03 12:07:01American employers shed 701,000 jobs in March amid expectations there is worse to come.

Coronavirus: New Look delays supplier payments 'indefinitely' 2020-04-03 12:04:02The clothing retailer cancels new orders and tells firms they can pick up their stock.

Coronavirus: UK among economies risking record slump 2020-04-03 12:02:50Record falls in manufacturing and services activity point to recession, says a closely watched survey.

What does it mean to declare insolvency? 2020-04-03 10:06:41What does it mean when firms declare themselves insolvent?

China's Luckin Coffee slumps on 'fake' data news 2020-04-03 03:22:55The company said its chief operating officer and other employees had fabricated financial information.

Coronavirus: Google reveals travel habits during the pandemic 2020-04-03 02:18:07It will regularly provide updates as to what types of places people are going to during the outbreak.


Great Depression 2? Worries about a coronavirus-induced calamity 2020-03-23 20:40:41Economists increasingly warn that Washington’s current efforts won’t be enough to fight a downturn approaching the devastation seen eight

Coronavirus upends the battle for the House 2020-03-23 04:30:14Trump’s impeachment is no longer likely to dominate the campaigns that will determine control of Congress.

Congress should bail out gig workers, Cohn says 2020-03-22 12:18:45Those workers typically don’t qualify for unemployment benefits.

Coronavirus Will Change the World Permanently. Here’s How. 2020-03-19 19:30:26A crisis on this scale can reorder society in dramatic ways, for better or worse. Here are 34 big thinkers’ predictions for what’s to come

What Trump’s Trillion-Dollar Bailout Gets Right, and Wrong 2020-03-19 16:52:45The good, the bad—and one very scary aside.

Stock plunge triggers fourth trading pause in 2 2020-03-18 13:14:31Shortly before 1 p.m., the S&P 500 index hit the 7 percent decline needed to trigger a mandatory 15-minute break.

The Smart Way to Save Jobs in the 2020-03-18 12:16:56One-fifth of U.S. workers have already lost hours or jobs. “Shared work” can slow the losses and speed an economic recovery.

How ugly could it get? Trump faces echoes 2020-03-16 20:21:34Forecasters see historic job losses and deep economic pain on the horizon — but with a sharp rebound, if Congress steps up.

Big banks brace for coronavirus-related onslaught 2020-03-16 19:55:25The banks will be tested on how well they’ve prepared for a global shock to the economy that no one saw coming.

How Republicans' tax overhaul could make a recession 2020-03-16 14:11:00Republicans’ 2017 tax overhaul made changes to the tax code that will make it harder for businesses to bounce back from a downturn.

Mnuchin dodges on specifics of coronavirus' economic impact 2020-03-15 11:55:49“I wouldn’t focus on the technical issue of whether we are going to be in a recession or not,” he said.

‘I don’t want to use the b-word’: Trump 2020-03-12 18:58:36Trump aides are studying the nation’s response after 9/11 and during the 2008-09 crisis to design an aid package for an economy quickly slamming

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