McDonald's Corp missed Wall Street estimates for quarterly profit on Thursday as most of its restaurants limited their services to delivery, drive-thru and take-away to curb the spread of the coronavirus pandemic.
U.S. oil and gas company ConocoPhillips swung to a first quarter loss on Thursday as it took big hits from impairments and the falling value of its stake in Canadian producer Cenovus Energy.
Thyssenkrupp has secured about 1 billion euros ($1.1 billion) of state aid to tide it over until it receives the money from the sale of its elevator division, two sources said on Thursday, the latest German company to tap government funding.
World stocks headed for their best month on record on Thursday, as encouraging early results from a COVID-19 treatment trial and expectations of more European Central Bank (ECB) stimulus later in the day helped ease the pain of February and March.
Twitter Inc on Thursday said its ads sales slightly rebounded in Asia after a plunge due to the coronavirus outbreak and it had accelerated work on tools to attract advertisers, becoming the latest tech company to report a lighter blow from the pandemic than forecast.
British supermarket group Sainsbury's warned the impact of the coronavirus pandemic on current year profit could be over 500 million pounds ($623 million) and said decisions on paying dividends to shareholders would be deferred.
Oil prices jumped on Thursday, lifted by signs the U.S. crude glut is not growing as quickly as expected and indications of a rise in fuel demand, which has been crushed by the coronavirus.
Dow and S&P 500 stock index futures dipped on Thursday as nerves kicked in at the end of an overall strong month for stocks with investors awaiting the weekly jobless claims data, while Nasdaq futures rose after upbeat earnings from Facebook and Tesla.
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.
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.
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.
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.
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.
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.
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.