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Comcast first-quarter broadband growth tops views, coronavirus hurts advertising

Comcast Corp on Thursday reported its best quarter of broadband net additions in 12 years, but revenue fell shy of Wall Street's estimate as the coronavirus pandemic hurt advertising.



5 years ago

Lufthansa pilots offer to sacrifice up to 45% of salary: union

Pilots at Lufthansa are ready to sacrifice up to 45% of their salaries for more than two years to help cut costs, their union Cockpit said on Thursday, as the airline struggles with the impact of the coronavirus pandemic.



5 years ago

American Airlines posts $2.2 billion loss on pandemic, first since bankruptcy exit

American Airlines on Thursday posted a $2.2 billion net loss, its first quarterly loss since emerging from bankruptcy in 2013, and warned of a roughly $70 million per day cash burn in the second quarter as the coronavirus pandemic halts travel.



5 years ago

How to avoid a tax problem if you get a refund from your college for spring semester

If your college issued a partial refund for the spring semester, any money originally paid out from your 529 college savings account should be re-contributed.

5 years ago

Can unemployed workers collect benefits in re-opened states? It's a gray area

Out-of-work Americans may have more trouble collecting unemployment benefits in states that re-open their economies. But it's not cut and dry.

5 years ago

Wall Street sidesteps Musk lockdown rant as Tesla numbers improve

Wall Street brokerages gave a resounding thumbs-up to Tesla Inc's first-quarter numbers on Thursday, lauding the electric carmaker's improved gross margins and sending its shares 8% higher in trading before the opening bell.



5 years ago

U.S. weekly jobless claims remain elevated as millions more seek benefits

Millions more Americans filed claims for unemployment benefits last week, suggesting that layoffs were spreading to industries that were not initially directly impacted by business closures and disruptions related to the coronavirus.



5 years ago

Common investing mistakes that will make you say 'D'oh!'

These common mistakes can make you smack yourself in the head when you realize the thousands of dollars they'll cost you over your lifetime.

5 years ago

JPMorgan received almost $18 billion in PPP loan applications: bank

JPMorgan Chase & Co said in an email to small business clients late on Wednesday that it had submitted roughly 220,000 applications this week to the Small Business Administration for the Paycheck Protection Program.



5 years ago

Pringles maker Kellogg says profit jumps 23% on virus-led stockpiling

Breakfast cereal maker Kellogg Co on Thursday reported a 23% rise in quarterly profit as consumers in North America and Europe stocked up on its packaged foods amid coronavirus-driven lockdowns.



5 years ago

Cut us some slack, German travel start-ups tell Google

A group of leading German travel start-ups appealed to U.S. tech giant Google on Thursday to offer them easier terms on paying for advertising to help them ride out the coronavirus pandemic that has devastated their business.



5 years ago

Dow, S&P 500 futures dip at end of strong month; jobless data eyed

Dow and S&P 500 stock index futures dipped on Thursday at the end of a strong month for Wall Street, with investors nervous about another stunning jobless claims figure, while Nasdaq futures were supported by upbeat earnings from Facebook and Tesla.



5 years ago

Stocks trim record monthly gains as ECB PEPP talk falls flat

World stocks suffered a slip on their way to record monthly gains on Thursday, as the European Central Bank held back from providing another instant hit of stimulus and millions more Americans filed unemployment claims.



5 years ago

Macy's to reopen 68 stores, targets all within six weeks

Macy's Inc plans to reopen 68 U.S. stores on Monday in states that have loosened coronavirus lockdowns, the department store operator said on Thursday, as more retailers sought to get business going after a crushing month of closures.



5 years ago

Renault puts historic Boulogne property up for sale: sources

Renault PA> has put one of its historic buildings up for sale in Boulogne-Billancourt, the birthplace of the carmaker, to cut costs, three sources close to the company told Reuters.



5 years ago