Vucic spoke with Putin and Macron: "Significant assistance and support for Serbia" (Thu, 02 Apr 2020 14:36:00 +0000)
Serbian President Aleksandar Vucic made phone calls with the President of Russia and with the President of France, B92.net exclusively learns

New 111 infected, three more deaths of COVID-19, total 1171 infected (Thu, 02 Apr 2020 13:15:00 +0000)
According to the latest information from the Ministry of Health, 111 more people positive on coronavirus were recorded in Serbia

Vekic: 53 patients at the Belgrade Fair, the youngest 19 year-old (Thu, 02 Apr 2020 11:19:00 +0000)
At the improvised hospital at the Belgrade Fair, 53 patients, who are positive for COVID-19 and have a mild clinical picture, are currently being cared for

Toughest day for the United States: More than 5,000 deaths from coronavirus (Thu, 02 Apr 2020 10:38:00 +0000)
More than 5,000 people have died from novel coronavirus in the United States, according to John Hopkins University

Two crisis staff sessions today, followed by Vucic's address (Thu, 02 Apr 2020 10:32:00 +0000)
Aleksandar Viucic and Ana Brnabic will hold a session today at 6 pm with both Crisis Staffs, after which President Vucic will address the public, Tanjug learned

This is a state of war, but decree limiting release of information will be withdrawn (Thu, 02 Apr 2020 09:27:00 +0000)
Serbian Government will revoke the decree on releasing information about the coronavirus pandemic during the state of emergency, Prime Minister Ana Brnabic said

B92.net's exclusive news: Vucic today with Macron and Putin, prior to Crisis Staff (Thu, 02 Apr 2020 09:19:00 +0000)
Serbian President Aleksandar Vucic will today conduct telephone conversations with the presidents of France and Russia, B92.net exclusively learns

Kon: The measure of introducing 24 hour curfew is being considered VIDEO (Thu, 02 Apr 2020 08:00:00 +0000)
The profession made recommendations, which is to reduce contacts, epidemiologist Dr Predrag Kon claims

New 160 infected, total 1060 infected, five more deaths of COVID-19, total 28 deaths (Wed, 01 Apr 2020 14:08:00 +0000)
According to the latest Covid19.rs data, there are 160 people infected in Serbia, while by April 1, 4.371 people were tested in Serbia.

Third European hotspot - over 52.000 patients and 3.500 deaths (Wed, 01 Apr 2020 13:21:00 +0000)
In France, a record number of people died from a new coronavirus on Tuesday - as many as 499, health authorities said

"You do not have to pay taxes and contributions now, the state will pay" (Wed, 01 Apr 2020 12:09:00 +0000)
Finance Minister Sinisa Mali said that a package of economic measures to help the economy in coronavirus epidemic will be 50 percent of the Serbian state budget

The first death in the Serbian Government of a coronavirus: State Secretary deceased (Wed, 01 Apr 2020 12:00:00 +0000)
State Secretary at the Ministry of the Environment, Branislav Blazic, has died of coronavirus, it was unofficially confirmed for B92.net

Wuhan "welcomed the light of day": Eager to go to the stores (Wed, 01 Apr 2020 09:35:00 +0000)
In Wuhan, where a coronavirus epidemic erupted in December, residents are slowly moving out of their homes, eager to buy fresh food after weeks of isolation

"U.S. had missed historic opportunity" (Wed, 01 Apr 2020 09:15:00 +0000)
Iranian President Hassan Rouhani said the United States missed a historic opportunity to lift sanctions on Iran during the coronavirus epidemic

No more appeals, as soon as you feel the symptoms - go to the health center (Wed, 01 Apr 2020 09:04:00 +0000)
State Secretary at the Ministry of Health Berislav Vekic said today that citizens who feel the symptoms of coronavirus should contact the nearest health center.

A 10-year-old, the youngest patient at the Fair, he wanted to stay with his mother (Wed, 01 Apr 2020 08:05:00 +0000)
18 patients were discharged from the Belgrade Fair for home treatment, 49 of them are currently housed

Djuric: Fees have not been lifted; Pristina continues to play games (Tue, 31 Mar 2020 20:53:00 +0000)
Director of the Office for Kosovo and Metohija, Marko Djuric, said that Albin Kurti did not abolish tariffs on goods from central Serbia and Bosnia-Herzegovina

Kurti abolished fees (Tue, 31 Mar 2020 18:25:00 +0000)
Kosovo Prime Minister Albin Kurti has announced that the Government of Kosovo decided to abolish the tariffs on products from Serbia and Bosnia-Herzegovina

Mali: 5.1 billion assigned to ecomony, 100 Euros aid to all adult citizens VIDEO (Tue, 31 Mar 2020 15:35:00 +0000)
A full program of measures to help the Serbian economy affected by the effects of the coronavirus epidemic is worth 5.1 billion euros, Minister Sinisa Mali said

115 newly infected with coronavirus in Serbia, 900 in total VIDEO (Tue, 31 Mar 2020 14:46:00 +0000)
According to data as of 3 pm, there are 115 newly infected in Serbia, with a total of 900 confirmed cases of coronavirus, it has been reported on covid19.rs

Why it's time for investors to go on defense (Thu, 04 Oct 2018 01:14:45 EDT)
Howard Marks, co-chairman of Oaktree Capital, explains why investors should start treading lightly.

Toys 'R' Us brand may be brought back to life (Wed, 03 Oct 2018 07:28:19 EDT)
Bankrupt toy retailer tells bankruptcy court it is looking at possibly reviving the Toys 'R' Us and Babies 'R' Us brands.

Honda teams up with GM on self-driving cars (Wed, 03 Oct 2018 10:15:35 EDT)
Read full story for latest details.

Aston Martin falls 5% in London IPO (Wed, 03 Oct 2018 12:02:20 EDT)
Aston Martin is joining the ranks of listed automakers with an IPO that values the British company at more than $5 billion.

JCPenney names Jill Soltau as its new CEO (Tue, 02 Oct 2018 18:02:25 EDT)
Read full story for latest details.

Tesla calms fears with strong sales numbers (Tue, 02 Oct 2018 10:36:51 EDT)
Read full story for latest details.

S&P downgrades debt-riddled GE and GE Capital (Tue, 02 Oct 2018 14:49:04 EDT)
New General Electric boss Larry Culp just got a fresh reminder of the debt-riddled balance sheet he's inheriting.

Amazon announces $15 minimum wage for all US employees (Tue, 02 Oct 2018 16:12:16 EDT)
Read full story for latest details.

Volkswagen dumps jailed Audi CEO amid emissions probe (Tue, 02 Oct 2018 12:37:01 EDT)
Volkswagen has severed ties with suspended Audi CEO Rupert Stadler, who has been jailed since June in connection with an emissions investigation.

Goldman Sachs slants research to help Democrats, top White House adviser says (Tue, 02 Oct 2018 12:35:08 EDT)
Kevin Hassett, President Donald Trump's top economic adviser, suggested Goldman Sachs may be slanting its economic research to help Democrats ahead of the midterm elections.

Tencent Music plans to go public on US exchange (Tue, 02 Oct 2018 22:05:25 EDT)
It dominates the music streaming market in China through its QQ Music, KuGou and Kuwo platforms.

Can Larry Culp right the ship at GE? (Mon, 01 Oct 2018 16:17:18 EDT)
General Electric is turning to a outsider to clean up a mess that took decades to create.

Tesla stock roars back (Mon, 01 Oct 2018 16:17:43 EDT)
Read full story for latest details.

Stocks pop on new trade deal (Mon, 01 Oct 2018 16:18:23 EDT)
Read full story for latest details.

Goldman Sachs' new CEO has a lot of work to do (Mon, 01 Oct 2018 14:25:40 EDT)
David Solomon officially took the reins on Monday.

California has a new law: No more all-male boards (Mon, 01 Oct 2018 16:16:25 EDT)
Read full story for latest details.

Instagram gets a new chief (Mon, 01 Oct 2018 16:18:49 EDT)
Facebook vet Adam Mosseri will lead Instagram following the departure of its founders, Kevin Systrom and Mike Krieger.

Ryanair says strikes are hitting its profits (Mon, 01 Oct 2018 08:37:34 EDT)
Ryanair said Monday that strikes and flight cancellations had resulted in lower traffic, future bookings and higher costs.

Watch live: New Jersey Gov. Phil Murphy holds a press conference on the coronavirus outbreak (Thu, 02 Apr 2020 17:11:12 GMT)
New Jersey Gov. Phil Murphy plans to hold a press conference on the coronavirus outbreak in the state, which has infected more than 22,200 people in the state as of Thursday.

The Netherlands offers 'gifts' to southern Europe as the region's death toll continues to rise (Thu, 02 Apr 2020 10:43:31 GMT)
After much criticism, the Dutch government now wants to give a "gift" to other European countries that are grappling with the coronavirus outbreak, including Italy and Spain.

In a U-turn, US surgeon general asks CDC to see if face masks can prevent coronavirus spread after all (Thu, 02 Apr 2020 14:15:40 GMT)
To date, more than 938,000 people worldwide have contracted the coronavirus, with 47,273 deaths, according to Johns Hopkins University.

British Airways reaches agreement to furlough staff on 80% of pay (Thu, 02 Apr 2020 16:14:58 GMT)
British Airways has reached an agreement with the U.K. trade union Unite to furlough staff without anyone being made redundant.

A Swiss hotel is selling a luxury quarantine with a $500 coronavirus test (Thu, 02 Apr 2020 06:11:13 GMT)
Le Bijou, a luxury Swiss hotel brand, has set up "quarantine apartments" which include in-room health services, such as coronavirus testing.

Watch live: World Health Organization holds a press conference on the coronavirus outbreak (Wed, 01 Apr 2020 16:33:58 GMT)
World Health Organization officials are holding a press conference to update the public on the coronavirus outbreak, which has infected more than 873,700 people across the globe.

Watch live: New York Gov. Andrew Cuomo holds a press conference on the coronavirus outbreak (Wed, 01 Apr 2020 15:50:55 GMT)
New York Gov. Andrew Cuomo is holding his daily press conference on the COVID-19 outbreak, which has infected more than 76,000 people in the state as of Wednesday morning.

Oil prices could soon turn negative as the world runs out of places to store crude, analysts warn (Wed, 01 Apr 2020 13:49:59 GMT)
The coronavirus crisis has led to an unprecedented demand shock in oil markets, with storage space quickly running out.

Italy readies more economic stimulus as its coronavirus death toll surpasses 12,000 (Wed, 01 Apr 2020 11:18:32 GMT)
The government is ramping up spending plans "significantly" to mitigate the economic impact of the coronavirus, Italy's finance chief said.

US, Italy and Spain have the most coronavirus cases. These charts show their infection curves (Thu, 02 Apr 2020 05:01:23 GMT)
There are more than 930,000 reported cases of COVID-19 globally, with over 47,000 deaths, data compiled by Johns Hopkins University showed.

Watch live: New York City Mayor Bill de Blasio holds a press conference on the coronavirus outbreak (Tue, 31 Mar 2020 17:51:55 GMT)
New York City Mayor Bill de Blasio is holding a press conference Monday to update the public on the coronavirus outbreak that has infected more than 43,100 people in the city.

Watch live: New York Gov. Andrew Cuomo holds a press conference on the coronavirus outbreak (Tue, 31 Mar 2020 15:41:54 GMT)
New York Gov. Andrew Cuomo is holding his daily press conference on the COVID-19 outbreak, which has infected more than 67,300 people in the state as of Wednesday.

Belarus' president dismisses coronavirus risk, encourages citizens to drink vodka and visit saunas (Tue, 31 Mar 2020 15:48:38 GMT)
Belarussian President Alexander Lukashenko has refused to implement a lockdown in the country of roughly 9.5 million people.

Hungary's nationalist leader Viktor Orban is ruling by decree indefinitely amid coronavirus (Wed, 01 Apr 2020 06:02:49 GMT)
Hungary's Prime Minister Viktor Orban has been granted the right to rule by decree for an indefinite period of time, and these new sweeping powers are raising concerns in Europe.

Oil prices just had their worst ever quarter as coronavirus slashes demand (Wed, 01 Apr 2020 07:20:04 GMT)
Oil prices registered their worst quarterly performance on record over the first three months of the year.

Watch live: New York Gov. Andrew Cuomo holds a press conference on the coronavirus (Mon, 30 Mar 2020 16:53:24 GMT)
New York Gov. Andrew Cuomo is holding a press conference on the COVID-19 outbreak, which has infected more than 60,000 people in the state as of Monday.

Watch live: New York City Mayor Bill de Blasio holds a press conference on the coronavirus outbreak (Mon, 30 Mar 2020 15:40:41 GMT)
New York City Mayor Bill de Blasio is holding a press conference Monday to update the public on the coronavirus outbreak that has infected more than 33,400 people in the city as of Sunday evening.

Watch live: World Health Organization holds press conference on the coronavirus outbreak (Mon, 30 Mar 2020 13:50:19 GMT)
World Health Organization officials are holding a press conference to update the public on the coronavirus outbreak, which has infected more than 737,000 people across the globe.

Goldman on how the 'largest economic shock of our lifetimes' will permanently alter energy markets (Mon, 30 Mar 2020 12:22:08 GMT)
The coronavirus pandemic will likely be a "game-changer" for energy markets, according to analysts at Goldman Sachs.

Italy's death toll surpasses 10,000 as prime minister warns of rising 'nationalist instincts' (Mon, 30 Mar 2020 09:20:01 GMT)
The coronavirus outbreak isn't showing any major signs of easing in Italy, where the death toll surpassed 10,000 over the weekend.

Here's what happened to the stock market on Thursday (Thu, 02 Apr 2020 20:14:52 GMT)
Stocks traded in a wide range Thursday as investors weighed a record jump in unemployment claims and a sharp rally in oil prices.

Instacart to provide workers with safety kits following strike over coronavirus protections (Thu, 02 Apr 2020 20:14:40 GMT)
The kits will contain a reusable cloth face mask, hand sanitizer and a thermometer. Instacart shoppers can request their kits beginning next week through a website the company built for its shoppers.

CBO sees the economy down 7% in second quarter and the jobless rate past 10% (Thu, 02 Apr 2020 19:44:38 GMT)
Worsening economic data due to the coronavirus shutdown has led the Congressional Budget Office to downgrade its expectations for U.S. economic growth.

Need for nurses is driving record pay as coronavirus nears its peak (Thu, 02 Apr 2020 20:33:34 GMT)
States, like New York, are urging health care workers to come to their hospitals to respond to the coronavirus pandemic. Demand for nurses is so great, some are being offered more than $10,000 a week in crisis pay.

US wipes out nearly half of the job gains since the financial crisis in just two weeks (Thu, 02 Apr 2020 19:38:09 GMT)
Jobless claims data shows that the U.S. has over two weeks nearly halved the total number of jobs added to the economy since 2010.

Churches allowed to stay open in states where millions are particularly vulnerable to coronavirus (Thu, 02 Apr 2020 20:23:48 GMT)
Churches and other religious facilities will be allowed to remain open in more than half of the states that are the most vulnerable to coronavirus, often with special exemptions to mandated closures of nonessential businesses.

Many Americans may have to wait months for coronavirus relief checks (Thu, 02 Apr 2020 19:31:08 GMT)
The first Americans to get relief payments from the government won't see checks til mid-April and many will have to wait longer.

The Navy's twin hospital ships have treated fewer than 20 patients as coronavirus battle rages (Thu, 02 Apr 2020 20:24:50 GMT)
The captains of the U.S. Navy's two hospital ships said Thursday that the vessels have treated fewer than 20 patients since deploying to New York and Los Angeles in an effort to alleviate the pressure on local hospitals.

Phase 2 of coronavirus vaccine human trials may begin in spring, Moderna chairman says (Thu, 02 Apr 2020 19:16:00 GMT)
"We'll enter hopefully phase 2 trials, we expect that to happen in the spring, perhaps early summer," Moderna Chairman Noubar Afeyan told CNBC.

Worldwide coronavirus cases reach 1 million, doubling in a week as death toll tops 50,000 (Thu, 02 Apr 2020 20:55:40 GMT)
The virus threatens to spread widely across Africa, where several countries have seen hundreds of positive tests, according to Johns Hopkins University.

Fed's Kashkari says, 'We need to err on the side of being generous' with rescue programs (Thu, 02 Apr 2020 19:26:48 GMT)
Kashkari was an architect of the 2008 Troubled Asset Relief Program that aided banks through the Great Recession.

Manhattan real estate sales ground to a halt in March. Prices could plunge next (Thu, 02 Apr 2020 18:30:04 GMT)
The big question is what prices will look like when the market starts to recover — either in summer or fall.

GE Aviation to furlough 50% of its engine manufacturing staff as coronavirus weighs (Thu, 02 Apr 2020 20:25:33 GMT)
General Electric is planning to furlough half of its aviation unit's engine manufacturing staff as the coronavirus roils the industry, the company told CNBC.

This map shows which states are seeing the most job losses due to the coronavirus (Thu, 02 Apr 2020 19:54:51 GMT)
Claims for state unemployment were most concentrated in Hawaii, Pennsylvania, Rhode Island, Washington state and Massachusetts.

Trump tells CNBC he spoke to Putin, MBS and expects Saudis, Russia to announce 10 million barrel cut (Thu, 02 Apr 2020 19:48:35 GMT)
President Trump told CNBC he expects Vladimir Putin and Crown Prince Mohammed Bin Salman to announce a deal on an oil production cut.

Coronavirus live updates: Global cases top 1 million, Americans may face relief check delays (Thu, 02 Apr 2020 20:06:09 GMT)
As of Thursday, more than 1,002,100 cases of coronavirus have been reported, resulting in at least 51,484 deaths.

Stock market live Thursday: Trump report to CNBC rips oil higher, crude's best day, Dow up 450 (Thu, 02 Apr 2020 20:20:22 GMT)
Stocks rebounded on Thursday after the Dow Jones Industrial Average lost nearly 1,000 points on Wendesday.

Dow jumps more than 450 points as Wall Street concludes another wild session (Thu, 02 Apr 2020 20:19:16 GMT)
Stocks rose in volatile trading as oil prices jumped on expectations Saudi Arabia and Russia will ease the pressure off the oil market.

Oil surges 24% for best day on record after Trump tells CNBC Saudis, Russia reach agreement (Thu, 02 Apr 2020 18:56:07 GMT)
Oil prices skyrocketed after President Donald Trump told CNBC Saudis and Russia will ease pressure on oil, ending a price war that has contributed to crude's massive plunge.

Chime pilots way to get $1,200 stimulus checks to users instantly after talks with Mark Cuban (Thu, 02 Apr 2020 19:59:36 GMT)
The idea for the program came in discussions with entrepreneur Mark Cuban, owner of the Dallas Mavericks.

Watch live: New York City Mayor Bill de Blasio holds a press conference on the coronavirus outbreak (Thu, 02 Apr 2020 20:35:19 GMT)
New York City Mayor Bill de Blasio is holding a press conference Wednesday to update the public on the coronavirus outbreak, which has infected more than 51,800 in the city.

Watch live: New Jersey Gov. Phil Murphy holds a press conference on the coronavirus outbreak (Thu, 02 Apr 2020 17:11:12 GMT)
New Jersey Gov. Phil Murphy plans to hold a press conference on the coronavirus outbreak in the state, which has infected more than 22,200 people in the state as of Thursday.

New York Gov. Cuomo: 'I'm doing everything I can, but people are still dying' from the coronavirus (Thu, 02 Apr 2020 19:57:18 GMT)
"I'm doing everything I can, but people are still dying and that is hurtful and humbling and painful. Just painful," Cuomo said.

Watch live: New York Gov. Andrew Cuomo holds a press conference on the coronavirus outbreak (Thu, 02 Apr 2020 16:50:08 GMT)
New York Gov. Andrew Cuomo is holding his daily press conference on the COVID-19 outbreak, which has infected more than 84,000 people in the state as of Thursday morning.

Cash-strapped Royal Caribbean draws down its revolving credit lines as coronavirus pandemic tests the cruise industry (Thu, 02 Apr 2020 14:48:44 GMT)
The drawdown is another example of how Royal, along with peers Carnival Corp. and Norwegian Cruise, have sought cash infusions to remain solvent after the industry announced a suspension of operations due to the coronavirus pandemic.

San Diego hospital prepares for 'slow-moving tsunami' of coronavirus cases as surgical masks, ventilators are in short supply (Thu, 02 Apr 2020 17:59:34 GMT)
State officials are trying to flatten or "bend the curve" — meaning the curve of a line graph that shows when cases will peak — using partial lockdowns and social distancing measures to keep cases from surging all at once.

Coronavirus live updates: Global cases top 1 million, Americans may face relief check delays (Thu, 02 Apr 2020 20:06:09 GMT)
As of Thursday, more than 1,002,100 cases of coronavirus have been reported, resulting in at least 51,484 deaths.

China's domestic travel industry poised to recover within months, says Trip.com CEO (Thu, 02 Apr 2020 05:00:19 GMT)
China's domestic travel industry is poised to resume normal activity before the summer holiday season, according to the CEO of the country's largest travel site Trip.com.

Coronavirus: Spain deaths surpass 10,000; Russia reports record spike in cases (Thu, 02 Apr 2020 11:49:46 GMT)
The U.S. has the most number of reported cases globally at over 216,000, according to data compiled by Johns Hopkins University.

Asia Pacific markets mixed as the second quarter's rocky start continues (Thu, 02 Apr 2020 07:32:47 GMT)
Stocks in Asia Pacific were mixed on Thursday as global markets continue their rocky start to the second quarter.

White House advisor Fauci says coronavirus vaccine trial is on target and will be 'ultimate game changer' (Thu, 02 Apr 2020 17:55:15 GMT)
U.S. health officials have been fast-tracking work with biotech company Moderna to develop a vaccine to prevent COVID-19.

Mt. Sinai Health launches coronavirus app to track outbreak across the New York City (Wed, 01 Apr 2020 20:08:26 GMT)
The logged data could alert health care providers about growing clusters of cases in the specific communities in the city.

US coronavirus cases top 200,000 as virus spreads and testing ramps up (Wed, 01 Apr 2020 19:00:36 GMT)
Confirmed COVID-19 cases in the U.S. doubled since Friday as the country rolls out broader testing and outbreaks pop up in more and more cities.

The coronavirus outbreak is a 'real threat to everyone on the planet,' WHO official says (Wed, 01 Apr 2020 21:45:53 GMT)
"COVID-19 is a real threat. It is a real threat to everyone on the planet," said Dr. Maria Van Kerkhove, the WHO's technical lead on the outbreak.

Watch live: World Health Organization holds a press conference on the coronavirus outbreak (Wed, 01 Apr 2020 16:33:58 GMT)
World Health Organization officials are holding a press conference to update the public on the coronavirus outbreak, which has infected more than 873,700 people across the globe.

Watch live: New York Gov. Andrew Cuomo holds a press conference on the coronavirus outbreak (Wed, 01 Apr 2020 15:50:55 GMT)
New York Gov. Andrew Cuomo is holding his daily press conference on the COVID-19 outbreak, which has infected more than 76,000 people in the state as of Wednesday morning.

More than 1,000 New York City police officers have the coronavirus as 911 calls hit records (Wed, 01 Apr 2020 18:07:02 GMT)
The NYPD said 6,100 uniformed officers, or about 17% of the force, called out sick Wednesday.

US coronavirus cases top 200,000, Georgia issues 'shelter-in-place' order (Thu, 02 Apr 2020 01:47:50 GMT)
As of Wednesday, more than 932,000 cases of coronavirus have been reported, resulting in at least 46,000 deaths.

Wall Street gains on oil surge, but off early highs (Thu, 02 Apr 2020 15:49:20 -0400)
U.S. stocks rose on Thursday as hopes for a truce in the price war between Saudi Arabia and Russia and a cut oil output drove gains, helping to offset the shocking jump in Americans filing for jobless claims due to coronavirus-led lockdowns.

Coronavirus punishes Warren Buffett's equity holdings (Thu, 02 Apr 2020 15:38:33 -0400)
The coronavirus pandemic may have erased around $64 billion of value from Warren Buffett's equity portfolio at Berkshire Hathaway Inc , setting up the conglomerate for one of the largest quarterly losses ever by an American company.

Yield-thirsty investors eye stock dividends as virus fears shrink bond payouts (Thu, 02 Apr 2020 15:28:24 -0400)
Battered S&P 500 stocks may get fresh interest from investors turning to dividends in a world of shrinking bond yields.

U.S. financial industry asking SEC to delay broker disclosure rule, citing coronavirus: sources (Thu, 02 Apr 2020 15:26:18 -0400)
The financial industry wants the U.S. Securities and Exchange Commission to hold off on parts of a new rule requiring brokers to disclose potential conflicts of interest, citing disruptions caused by the coronavirus, four people with knowledge of the discussions said.

Dollar gains for second day, shrugs off record U.S. jobless claims (Thu, 02 Apr 2020 15:13:48 -0400)
The dollar rose for a second straight day against a basket of currencies on Thursday as investors, worried about the prospect of a global recession, continued to take shelter in the greenback.

Oil ends lower after U.S. crude stockpiles jump, gasoline demand sinks (Thu, 02 Apr 2020 15:08:01 -0400)
Oil prices fell on Wednesday after U.S. crude inventories rose last week by the most since 2016, while gasoline demand suffered its biggest weekly drop ever due to the coronavirus pandemic.

Oil soars after Trump says Saudis and Russians to cut output (Thu, 02 Apr 2020 15:08:01 -0400)
Crude prices soared on Thursday after U.S. President Donald Trump said he expects Russia and Saudi Arabia to announce a major oil production cut, and Saudi state media said the kingdom was calling an emergency meeting of producers to deal with the market turmoil.

Oil crash poses severe test for OPEC+ after Moscow, Riyadh miscalculate (Thu, 02 Apr 2020 15:05:36 -0400)
U.S. President Donald Trump says he has brokered a deal with Saudi Arabia and Russia that would see sweeping oil output cuts. Riyadh has called for emergency talks, and Moscow has said it no longer plans to hike production in a battle for market share.

GE to furlough 50% of U.S. engine assembly, component manufacturing ops staff (Thu, 02 Apr 2020 15:03:52 -0400)
General Electric Co said on Thursday it would furlough about half its workers in the U.S. engine assembly and component manufacturing operations, a move that would affect thousands of employees, as the coronavirus pandemic hurts travel demand.

Luckin Coffee shares sink after COO accused of financial misconduct (Thu, 02 Apr 2020 14:39:23 -0400)
Shares of Luckin Coffee Inc sank as much as 81% on Thursday after the Chinese coffee chain said an internal investigation had shown that its chief operating officer and other employees fabricated sales transactions.

U.S. small business bailout starts Friday. Is the government ready? (Thu, 02 Apr 2020 14:33:13 -0400)
Chris Hurn, founder of Fountainhead Commercial Capital, has received 7,400 small business loan requests in the past two weeks, more than his business has handled in its five years of existence.

Exclusive: Trump does not plan to ask U.S. oil producers for coordinated cuts - official (Thu, 02 Apr 2020 14:32:26 -0400)
The United States does not know formal details of Saudi Arabian and Russian plans to reduce oil supply yet and will not ask U.S. domestic oil producers to chip in with their own cuts, a senior administration official told Reuters on Thursday.

Ford to build face shields at Brazil and Argentina car plants (Thu, 02 Apr 2020 14:30:43 -0400)
Ford Motor Co said on Thursday it will make 50,000 face shields at factories in Brazil and Argentina to donate in the fight against the coronavirus pandemic.

Walgreens shares fall as coronavirus pandemic hits store sales (Thu, 02 Apr 2020 14:23:59 -0400)
Shares of Walgreens Boots Alliance Inc fell 6% on Thursday after the drugstore retailer reported a steep decline in U.S. same-store sales in the last week of March as customers stayed indoors due to the coronavirus outbreak.

Facebook launches fact-checking service on WhatsApp in Italy to fight coronavirus hoaxes (Thu, 02 Apr 2020 14:23:18 -0400)
Facebook Inc. launched a service in Italy to check the accuracy of information on coronavirus circulating on its messaging platform WhatsApp, the U.S. tech firm said on Thursday.

Exclusive: Amazon to deploy masks and temperature checks for workers by next week (Thu, 02 Apr 2020 14:19:31 -0400)
Amazon.com Inc plans to roll out temperature checks and face masks for staff at all its U.S. and European warehouses plus Whole Foods stores by early next week, a huge deployment for workers on the front lines of the coronavirus outbreak.

WeWork troubles deepen as SoftBank pulls $3 billion tender offer (Thu, 02 Apr 2020 14:04:00 -0400)
SoftBank Group Corp said it has terminated a $3 billion tender offer for additional WeWork shares agreed last year with shareholders, drawing threats of legal action and plunging the floundering office space company further into crisis.