Oil executive Bill Kent was with fellow managers in the Colorado board room of Resource Energy headquarters on April 20 when benchmark U.S. crude prices collapsed to minus $37 a barrel. Sitting six feet apart because of the coronavirus, they knew the pandemic was not only a personal matter.
Airline shares were headed for another day of sharp declines after Warren Buffett over the weekend said Berkshire Hathaway's cashed out of its stakes in the four largest carriers.
Texas auto dealer Hayden Elder says March was his worst month in 42 years selling cars thanks to the coronavirus, but April brought days that were "almost normal" and he expects bigger customer discounts to help him sell more Dodge Ram pickup trucks this month.
European stock markets and oil prices fell on Monday as a spat between top U.S. officials and China over the origin of the coronavirus fuelled fears of a new trade war, derailing a rebound in global markets.
After growing rapidly to become Europe's third-largest low-cost airline and one of the few to apply the budget model to transatlantic flights, Norwegian Air is fighting for its survival after racking up debts and liabilities of close to $8 billion by the end of 2019.
U.S. stock index futures slid on Monday on growing tensions between Washington and Beijing over the origin of the novel coronavirus.
Oil prices fell on Monday on worries that a global oil glut may persist even as coronavirus pandemic lockdowns start to ease, amid a fresh spat between the United States and China over the origin of the virus.
Main Street confidence hit a record low in the Q2 2020 CNBC Small Business Survey, with the coronavirus causing a majority of entrepreneurs to fear permanent changes, including bankruptcy.
Only 13% of small businesses that applied for relief through the Paycheck Protection Program have received funding, according to the CNBC/SurveyMonkey Small Business Survey released Monday.
Shares of the top four U.S. airlines dropped on Monday after billionaire investor Warren Buffett's Berkshire Hathaway said it offloaded its entire stake in the carriers last month, adding to the sense of crisis around the industry.
The French government has rejected Amazon 's request to tap a state partial unemployment scheme for employees at its six warehouses in the country, a spokeswoman for the labour ministry said on Monday.
Whether it is donating your skills to a nonprofit or giving your time to a local food bank, you can help those who are suffering from financial hardship without digging deep into your wallet.
Tyson Foods Inc said on Monday it would temporarily close plants as needed in the battle with the coronavirus outbreak and expects meat sales to fall in the second half of this year as shutdowns hammer restaurants and other food outlets.
Oil prices fell on Monday on worries that a global oil glut may persist even as coronavirus pandemic lockdowns start to ease and amid a fresh spat between the United States and China over the origin of the virus.
Telefonica is in talks with billionaire John Malone's Liberty Global to explore a merger of its British mobile operator O2 with Liberty's Virgin Media cable network company, the Spanish company said on Monday.