Toyota expects profit to drop 80% this year as coronavirus saps car sales
Toyota's outlook came as global rivals have refrained from issuing forecasts
China announces new tariff waivers for some US imports
The new waivers will take effect on May 19 and expire on May 18, 2021
Stock futures turn higher despite concerns about reopening the country too soon
Optimism over plans for reopening has taken some hits from reports of new waves of infection
Fauci will issue a stark warning on the risks of reopening too soon: report
Fauci will appear remotely before the Senate Health Education, Labor and Pensions Committee.
Quibi CEO Meg Whitman calls launch “slightly below” par
Quibi says since April 6, it has 3.5 million downloads and 1.3 million active users
Hyatt to lay off 1,300 employees as pandemic cripples travel
Hyatt has also cut pay as part of a restructuring
China auto sales fall in April but loss narrows
Sales declined but losses narrowed in a sign the industry's biggest global market is recovering
President Trump 'not interested' in renegotiating Phase One China trade deal
President Trump said on Monday that he has no interest in renegotiating Phase One of the China trade deal following media reports out of Beijing.
Coronavirus puts Disney+ on track to being the second-biggest streaming service
An analyst from Digital TV Research says Disney+ is getting a serious subscriber boost from COVID-19.
As coronavirus struggles continue, United Airlines names Brett J. Hart new president
He will join other company officials in forgoing his salary amid the coronavirus pandemic.
Trump says U.S. prevailed on coronavirus testing capacity
During the first coronavirus briefing since April 27, President Trump declared in the White House Rose Garden on Monday that his administration had "met the moment" and “prevailed” on coronavirus testing capacity.
Coronavirus prompts Qatar Airways to give away free tickets to health care workers
Qatar Airlines is giving away 100,000 tickets to front-line workers who are battling the coronavirus pandemic.
Elon Musk to defy coronavirus stay-at-home order as California Gov. Newsom talks Tesla production restart
Tesla CEO Elon Musk is defying Alameda County's stay-at-homer order despite the county's health department not clearing the electric vehicle manufacturer to reopen amid the coronavirus pandemic.
Insurers don't need to pay coronavirus business interruption claims: Treasury
The agency said forcing insurers to pay up is against the contractual nature of insurance obligations.
Twitter cracks down on misleading coronavirus info
Users might see warnings before they view a tweet, informing them that the information conflicts with public guidance.
Texas joins Utah, Nevada, Georgia to lure Tesla after Musk threatens to leave California
Texas joins Utah, Georgia and Nevada as the latest state looking to capitalize on Tesla CEO Elon Musk's threat to move the company's headquarters out of Alameda County, California.
Disney World adds coronavirus safety measures, accepting reservations for July
Disney World is accepting resort reservations for July and is putting in place a coronavirus response plan.
Florida restaurant chain promises to exceed CDC guidelines
The Mexican restaurant chain is ramping up safety protocols above what has been recommended by the CDC.
How to save money during coronavirus
With the unemployment rate at an all-time high, these are simple ways to save money amid COVID-19.
Coronavirus cripples millions of Americans’ ability to pay mortgage loans
Experts are seeing an uptick in borrowers looking into forbearance agreements.


















