Airbus evaluates requests for delays to jet deliveries
European planemaker Airbus is examining multiple customer requests to defer deliveries after travel demand collapsed because of the coronavirus epidemic, it said on Thursday.
European planemaker Airbus is examining multiple customer requests to defer deliveries after travel demand collapsed because of the coronavirus epidemic, it said on Thursday.
Billionaire Paul Singer’s Elliott Management said global stocks could tumble more -- ultimately losing half of their value from February's high -- as the world braces for the deepest recession since the 1930s-era Great Depression, according to a letter sent to clients on Wednesday and reviewed by Reuters.
U.S. stock markets opened higher on Thursday as data showed weekly jobless claims fell slightly from the previous week and on hopes President Donald Trump would push to relax strict lockdowns imposed to contain the coronavirus outbreak.
Across the country, parents are adjusting to a new normal in the pandemic. Here's how they cope when home is also a workplace, a school and a daycare center.
Con artists are trying to take advantage of the jobless Americans applying for unemployment insurance in record numbers.
Amazon is "a juggernaut that just wipes out everybody," CNBC's Jim Cramer said Thursday. But he also noted the company's hiring spree as many other firms are laying off workers.
SpaceX is launching more often than any other country or company and CEO Elon Musk touted low insurance costs as proof of reliability.
A $350 billion emergency U.S. loan program designed to help small businesses keep workers on their payrolls amid the novel coronavirus disruption has run out of funds, the U.S. Small Business Administration said in an email on Thursday.
U.S. small businesses may need as much as $500 billion a month to fully ensure their survival through the widespread closures and disruptions slamming their revenue during the coronavirus crisis, Atlanta Fed President Raphael Bostic said Thursday.
Louis Vuitton owner LVMH on Thursday posted a 17% drop in comparable sales in the first quarter due to the coronavirus pandemic, as government-imposed lockdowns in Europe forced it to close stores and production sites.
New York Governor Andrew Cuomo has tapped high-powered consultants to develop a science-based plan for the safe economic reopening of the region that can thwart pressure from President Donald Trump to move more rapidly, state government sources told Reuters.
Oil prices were mixed with Brent down and U.S. crude higher after OPEC lowered its global oil demand forecast due to the "historic shock" delivered by the coronavirus outbreak.
Facebook's planned cryptocurrency Libra will be linked to individual national currencies and overseen by global watchdogs in a scaled-back revamp it hopes will win regulatory approval.
What is an investor to do in the face of unpredictable events like coronavirus? Instead of trying to "beat" the market, the key is to only take the amount of risk you can afford to take financially and psychologically. There are four important principles to follow.
The dollar hit a one-week high on Thursday as investors fled to safe-haven assets following the release of weekly U.S. jobless data showing a record 22 million Americans have sought unemployment benefits in the last month.