Freeport-McMoRan plans cost cuts after coronavirus loss
The company said it plans to cut $800 million, or about 30%, of its planned capital expenditures for the year.
Verizon’s wireless business slowed by coronavirus
Verizon reported a slight drop in wireless subscribers as gains in business accounts were offset by a steep decline in new consumer accounts.
Coronavirus to slash stock dividend payments by 28%
Stay-at-home orders given by governors to slow the spread of COVID-19 will reduce second-quarter gross domestic product by at least 30 percent annualized.
American Express profit sinks 76%
American Express' first-quarter profit plunged 76 percent from a year ago as the financial-services provider set aside $2.6 billion for losses.
Stock futures gain despite coronavirus worries
Verizon and American Express report earnings before the bell
Coronavirus impacts Intel's outlook, shares fall
Demand for mobile computer and related products was stronger as people sheltered in place
Disney parks' coronavirus shutdown may last through January
Social distancing policies may make amusement parks such as Disney World less enticing until a coronavirus vaccine is available
Dow rises as S&P, Nasdaq slip in volatile session
A new tranche of funding for the small business lending program is near.
Domino’s sales sizzle as homebound Americans feast on pizza
Domino’s is hiring more than 10,000 workers to meet demand for its pizza during the pandemic.
Hershey posts 1Q earnings miss
Hershey Co. on Thursday reported first-quarter earnings of $271.1 million.
Eli Lilly beats first-quarter expectations, driven by prescriptions amid coronavirus pandemic
Sales rose 15%, with the company citing strong demand for key products such as Trulicity, Taltz and Emgality.
Dow climbs 456 points as oil stabilizes and small business funding nears
The relief package, aimed at replenishing funds for small businesses, is expected to pass a House vote on Thursday.
Coronavirus run on toilet paper fuels Kimberly-Clark sales boom
Kimberly-Clark makes several pulp-based products, such as Scott and Cottonelle toilet paper, Kleenex facial tissue and Kotex feminine hygiene products, a majority of which were in high demand as consumers stocked up before the lockdowns.
Delta Air Lines loses $607M as coronavirus zaps travel
Delta Air Lines lost 84 cents a share in the first quarter as revenue fell 18 percent from a year ago to $8.6 billion.
Netflix subscriber base surges as coronavirus keeps viewers indoors
The streaming giant reported 15.7 million global net paid subscriber additions.
Dow tumbles 631 points as oil selloff deepens
The epic selloff in oil is weighing on majors Exxon Mobil and Chevron both among the Dow's worst performers.
Coca-Cola sales slide as coronavirus bites restaurant revenue
Coca-Cola said its sales volume has fallen about 25% globally since the beginning of April, led by a decline in the company’s away-from-home channels, which represent about half of its revenue.
Lockheed Martin mitigates coronavirus impact, keeps 2020 guidance
The defense sector has continued to operate through coronavirus-driven shelter-in-place restrictions, deemed an essential sector.
Stocks tank as oil falls below zero for first time ever
The historic drop in crude infected US equities which fell in tandem.
Coronavirus to bite earnings, tip stocks into correction
A difficult earnings season could tip the S&P 500 into a correction.