Schlumberger expects up to $1.4B charge for accelerated restructuring
The restructuring will include cuts in the company’s product lines
White House looking for strong jobs report ahead of election as it pushes for massive new stimulus
Sources tell FOX Business’ Charlie Gasparino the next round of stimulus will likely include liability protection, state aid infrastructure spending and unemployment extensions.
7-Eleven’s free slurpee day canceled over coronavirus pandemic
Instead of having a single day for free slurpees, 7-Eleven rewards members will be able to get a free slurpee any day in July, the company said Tuesday.
Norwegian Cruise Line shares plunge on suspended September comeback
Shares of Norwegian Cruise Line have plunged nearly 13 percent in after-hours trading following news Tuesday that the company will extend its suspension of voyages across its three brands, Norwegian, Oceania, and Regent through at least October.
NBA players who choose not to play when season resumes won't face discipline: Report
Players have until Jun 24 to alert teams if they don't plan to participate.
DC Comics hosting 24-hour virtual event after Comic-Con cancellation
The event will feature talent announcements and reveal new content.
Dow jumps 526 points as retail sales rebound
Trump's infrastructure plan would cover not only roads and bridges but tech upgrades such as 5G wireless networks.
Gold's Gym eyes smaller footprints in urban areas, home fitness as part of bankruptcy comeback: CEO
The Dallas-based company plans to open up smaller scale gyms ranging anywhere from 10,000-20,000 square feet in size.
SBA sued over excluding convicted felons from PPP loans
The suit comes as advocates push for better access to government aid programs in underserved communities.
Coronavirus speeds up American suppliers' exodus from China
Seventy-six percent of U.S. CFOs with production in China say at least some manufacturing will shift out of the country.
Former Fed heads argue aid is needed to avoid 'prolonged suffering'
The group of economists also warned that the virus outbreak and the recession it caused would be "especially damaging" to communities of color
Hilton to terminate 2,100 jobs globally
Hilton is laying off 2,100 corporate employees amid the coronavirus pandemic
Coronavirus deaths in US nursing, long-term-care facilities top 50,000
The coronavirus pandemic has taken a heavy toll on the oldest and most vulnerable people, data shows, and more than 250,000 cases come from residents and staffers among long-term care facilities.
Despite coronavirus, Nathan’s hot-dog contest to take place without crowd to eat it up
One of America's biggest 4th of July traditions, Nathan's Famous International Hot Dog Eating Contest, is still set to take place in Coney Island with pandemic-related modifications. With no spectators on hand, Nathan's famous won't be reaping the financial reward that it usually does on the Fourth of July.
Record number of big money managers say stocks overvalued after coronavirus rally
Cash holdings fell at the fastest pace since August 2009.
McDonald's same-store sales down just 5% in May after April coronavirus plunge
Sales are rebounding as over 1,000 McDonald's dining rooms in the U.S. have reopened with reduced seating capacity.
Varney: US economy back on the 'road to prosperity'
FOX Business' Stuart Varney during his latest "My Take” argues that the U.S. economy is coming back "strong" from coronavirus lockdowns.
The CARES Act lets you tap your retirement savings early -- but most people aren't doing that
Despite the high unemployment rate and waived penalties for retirement plan withdrawals under the CARES Act, most people are not tapping their retirement savings.
Amazon introduces social-distancing tool that alerts employees when they're too close
Amazon introduced a tool that uses a monitor, camera and local computing device to alert employees when they are not socially distancing.
American, United Airlines strengthen coronavirus face-covering policies
American and United had already begun requiring passengers and flight attendants to wear face coverings while onboard aircraft to prevent the spread of the novel coronavirus.



















