New orders for U.S.-made goods fell more than expected in January and could drop further as a worldwide coronavirus outbreak strains supply chains and undercuts the manufacturing sector, which had recently shown signs of stabilizing after a prolonged slump.
U.S. stock indexes dropped more than 2% on Thursday as the swift spread of the coronavirus in the United States led California to declare an emergency, while airline stocks were hammered by crippled travel demand.
Two years into an ambitious growth plan to revive earnings at the largest U.S. oil company, Exxon Mobil said on Thursday it would stick to its plans to "lean in" to spending even as its shares have lagged its competitors, which are cutting costs.
HP Inc on Thursday rejected Xerox Holdings Corp's raised takeover bid of about $35 billion, saying it undervalued the personal computer maker.
NCFA | FFCON20 TEAM | March 5, 2020 FFCON20 RESCHEDULED DUE TO CORONAVIRUS Canada’s Foremost Fintech Conference Rescheduled to July 8-9, 2020 TORONTO — March 5, 2020 — The National Crowdfunding & Fintech Association of Canada (NCFA) today announced that its 6th annual Fintech & Financing Conference and Expo (#FFCON20) scheduled to take place March
Strategists at RBC Capital Markets and Credit Suisse think some sentiment, technical and policy signals need to be triggered before a bottom can start forming.
SEC | Press Release | March 4, 2020 Proposed amendments would provide a more rational framework, eliminate complexity and increase access to capital while preserving and enhancing important investor protections FOR IMMEDIATE RELEASE 2020-55 Washington D.C., March 4, 2020 —The Securities and Exchange Commission today announced that it has voted to propose a set of
Russia is fiscally prepared to cope with a drop in oil prices, Finance Minister Anton Siluanov said on Thursday, as OPEC tries to convince Moscow to support the market with a deeper output cut in the wake of the coronavirus outbreak.
U.S. supermarket chain Kroger Co topped fourth-quarter profit and sales estimates on Thursday, boosted by strong demand for its high-margin private-label brands, sending its shares up as much as 7.2%.
Portugal's flag carrier TAP cancelled a total of around 1,000 flights this month and next due to a fall in demand over concerns about the spreading coronavirus, the company said on Thursday, also envisaging an unspecified impact on revenues.
Bank of Canada Governor Stephen Poloz looks ready to end his term where he began, setting interest rates near historic lows to support the broader economy at the risk of stoking higher prices in a housing market that is heating up.
Oil prices edged lower on Thursday as the coronavirus epidemic showed no signs of slowing, with deaths mounting globally, but losses were limited as major producers agreed on deeper output cuts to bolster prices.
Diversified manufacturer 3M Co has avoided major supply chain disruptions from the coronavirus outbreak by sourcing materials for its protective face masks from regional suppliers instead of far-flung locations, a company official told Reuters.
Kazakhstan's Energy Minister Nurlan Nogayev said on Thursday that OPEC and non-OPEC oil exporters have not yet reached consensus on the parameters of an extension on their oil output deal, the TASS news agency reported.
Two years into an ambitious growth plan to revive earnings at the largest U.S. oil company, Exxon Mobil Corp said on Thursday it would stick to its plans to "lean in" to spending even as its shares have lagged those of competitors, which are cutting costs.