A $4.2 billion deal for Boeing to buy the civil jetmaking arm of Brazil's Embraer has hit a roadblock over implementation, threatening its collapse barring a last-minute breakthrough on Friday, people familiar with the talks said.
Two senior U.S. House Democrats on Friday asked the U.S. Treasury and Federal Reserve to direct at least $5 billion in loans to struggling over-the-road bus companies because of the coronavirus pandemic.
Poland's state-owned airline PLL LOT has cancelled all passenger flights until May 15 citing the government's and European Union's air traffic and border restrictions, it said on Friday.
New orders for key U.S.-made capital goods unexpectedly rose in March, but the gains are unlikely to be sustainable amid the novel coronavirus outbreak, which has virtually shut down the country and contributed to a collapse in crude oil prices.
New York Governor Andrew Cuomo on Friday pointed to research showing that strains of the novel coronavirus entered his state from Europe, not China, and said that travel bans enacted by U.S. President Donald Trump were too late to halt its spread.
Wall Street rose on Friday, led higher by Apple and Microsoft as investors finished a turbulent week of trading and some states prepared to relax coronavirus-related lockdowns.
Six companies contacted by CNBC who took the loans said they had no plans to return small business and PPP funds.
Air France will receive a 7 billion euro ($7.6 billion) loan package backed by the French government to avert a cash crisis brought on by the coronavirus crisis, Finance Minister Bruno Le Maire announced on Friday.
The New York Stock Exchange plans to reopen its iconic trading floor, which is shuttered due to coronavirus concerns, as soon as possible, but it has not yet set a date to do so, the NYSE and people familiar with the matter said on Friday.
More than 88 million households have received their Economic Impact Payment from the IRS as of April 17. That adds up to more than $158 billion. Find out where your state stands.
Facebook Inc introduced a videoconferencing tool and expanded livestreaming features on Friday, capitalizing on a surge in demand for video chats during the coronavirus pandemic while taking its first steps toward a planned integration of messaging products across its apps.
The French government is planning aid packages for Air France KLM and Renault , TV station TF1 reported on Friday.
Spain's High Court ordered Ryanair on Friday to reinstate 224 workers collectively dismissed from four bases in the country, saying the reasons given by the airline for seeking to close the bases did not justify such a move.
Children are witnessing a pivotal moment in history. Here's what they may learn about money, and what you can do to help.
Oil prices rose on Friday but still posted a weekly loss, the eighth in nine weeks, as global production cuts could not keep pace with the collapse in demand caused by the coronavirus pandemic.