Stocks

Las Vegas casinos will have to limit occupancy to 50 percent when they reopen from their COVID-19 shutdowns, the Nevada Gaming Control Board said.

The month of May begins what can be a ho-hum period for stocks.

The month of May began on down note after the Dow and S&P 500 wrapped up their strongest months in 33 years.

Trading floors are reopening, much to the joy of the biggest players.

Tesla impressed Wall street with its ability to navigate the upheaval of the COVID-19 pandemic.

Exxon is slashing capital expenditures by 30 percent and cutting operating expenses by 15 percent in order to protect its 87-cent per share dividend. 

Chevron is cutting capital expenditures and lowering operating costs in order to keep its dividend.

The Clorox Company reported strong sales across all four business segments.

Express Delivery will expand to nearly 1,000 stores in early May

The S&P and the Dow Jones Industrial Average wrapped their best months since 1987

First-time unemployment filings totaled 3.84 million in the week ended April 25, adding to the previous total of more than 26 million in the six weeks since states adopted “stay-at-home” orders.

The COVID-19 pandemic, which broke out in Wuhan, China, in December has since infected at least 3.2 million people worldwide and killed nearly 229,00.

Comcast gained 477,000 broadband subscribers in the first quarter, and revenue grew 9.3 percent.

The Chicago-based fast-food chain reported first-quarter profit fell 16 percent to $1.1 billion, or $1.47 a share, on revenue of $4.71 billion.

Shell said it would reduce its quarterly dividend by two-thirds to 16 cents per share

Amazon, Apple and McDonald's will report earnings

Changes must be made by May 31

The facility employs 4,300 people

SoftBank is in a legal dispute with directors at WeWork after backing out of a $3 billion tender offer.

The company said sales rose 15 percent to $35 billion in the third quarter, bolstered by strong results in its cloud-computing business.