A war of words between Telecom Italia (TIM) and Open Fiber over the creation of a single broadband network escalated on Tuesday as the phone incumbent called its smaller rival's business model "a failure".
Trading in the United States Oil Fund, a popular exchange-traded security known for its 'USO' ticker which is supposed to track the price of oil, was briefly halted Tuesday before the opening bell. It resumed trading and plunged 20%.
Amazon made its case on Tuesday in a French court of appeal to keep deliveries on track in the country, rejecting unions' allegations that it was not doing its best to protect employees from COVID-19.
NCFA Guest post | April 21, 2020 As much of the world continues to abide by stay-at-home orders put in place by each government, it is having a profound effect on businesses and how they operate. Suddenly businesses are being forced to work at reduced operations, move off-site and create remote at-home offices, and approach
Brent crude futures plunged 25% on Tuesday to the lowest in nearly two decades, a day after panicked traders sent U.S. oil below minus $40 per barrel on fears of a historic glut due to the destruction of fuel demand by the coronavirus pandemic.
Kazakh oil producers, which export crude via the Caspian pipeline consortium (CPC), are seeking to divert flows to Russia's Transneft from May in an attempt to minimize losses as CPC Blend margins and demand fall, five market sources said.
If you're receiving Social Security or Railroad Retirement benefits and don't typically file tax returns, you have just until tomorrow to log onto a government website to make sure your children are counted in your stimulus payment. Otherwise, you will see the money for eligible minors in your tax return next year.
U.S. President Donald Trump said on Tuesday he has asked his cabinet to devise a plan to inject cash into the ailing U.S. oil-drilling industry to help it survive a historic collapse in crude prices.
Wall Street retreated for a second straight day on Tuesday as a collapse in U.S. crude prices and glum annual forecasts by companies foreshadowed the biggest economic slump since the Great Depression.
Lockheed Martin said on Tuesday the spread of coronavirus has delayed shipments of vital supplies to its numerous businesses and will likely hurt its sales this year.
Amazon is extending the closure of its French warehouses until April 25 included, the online retail giant said in a written statement on Tuesday.
A group of firms, including Airbus and Ford, could build more than the current government order of 20,000 ventilators and continue once normal operations begin to resume, the head of the project told Reuters on Tuesday.
A violent hailstorm that hit the Bordeaux wine region last Friday has caused severe damage, with several hundred hectares of vines nearly destroyed, notably in the famous Saint-Emilion region, the local chamber of agriculture said on Tuesday.
While Congress discusses pouring more funds into the Paycheck Protection Program, small businesses are still uncertain on whether they'll get their lifeline. Analysts call for tighter oversight on who gets the cash.
U.S. home sales dropped by the most in nearly 4-1/2 years in March as extraordinary measures to control the spread of the novel coronavirus brought buyer traffic to a virtual standstill, with realtors and economists expecting a further deterioration in housing market activity through the second quarter.