Abercrombie & Fitch posts steeper-than-expected first-quarter adjusted loss
Abercrombie & Fitch Co. posted a wider-than-expected adjusted loss for the first quarter as a result of Covid-19 store closures.
Durable goods orders in US tumbled 17.2% in April
Sales of long-lasting goods tumbled in April, as businesses cut investment in response to the global coronavirus pandemic.
Dollar chains report surge in sales on coronavirus-driven demand
The top two U.S. dollar store chains reported better-than-expected quarterly sales and profit on Thursday, benefiting from a surge in demand for affordable groceries and household essentials.
Dollar Tree's same-store sales rise 7%, led by Family Dollar
Dollar Tree also said it had $73.2 million in operating costs for the Covid-19 pandemic.
'Tesla of China' sales plunge amid coronavirus outbreak
Nio's first-quarter deliveries fell amid the COVID-19 outbreak.
Amazon to keep most of the jobs it added during pandemic
Amazon says it will let 125,000 of 175,000 temporary workers hired during coronavirus stay on full-time.
Dow reclaims 25K ahead of SpaceX-NASA delayed launch
At least two states eased lockdown restrictions, with Colorado allowing limited in-person dining at restaurants and Minnesota letting places of worship open to 25 percent capacity.
Twitter 'came up with a separate set of rules' for Trump
President Trump threatened 'big action' against social media companies for anti-conservative bias after Twitter fact-checked his tweet claiming that mail-in ballots would heighten the risk of voter fraud.
Ralph Lauren loses $249M as coronavirus, Hong Kong protests disrupt business
The loss was worse than Wall Street analysts had estimated, though the CEO said performance before the coronavirus pandemic showed strong progress.
Trump weighing 'whole menu' of action against China over Hong Kong: Wilbur Ross
One year after last summer's chaotic and frequently violent anti-government protests, the Chinese government has announced that it plans to pass a controversial national security law.
Dow jumps 529 points as stocks soar on reopening optimism
U.S. equity markets gained as traders returned to the New York Stock Exchange for the first time in two months.
CME trading floor's coronavirus shutdown to last at least 3 more weeks
CME Group's trading pits will remain closed for at least three weeks after Illinois' stay-at-home order is lifted.
'Game of Thrones' author George R.R. Martin joins group to buy historic railway
"Game of Thrones" author George R.R. Martin has teamed up with two others to buy a decades-old railways and trains in Santa Fe.
Warner Music kicks off $1.8B Nasdaq IPO
The recording label, home to artists including Cardi B, Ed Sheeran and Bruno Mars, expects its offering of 70 million shares to be priced between $23 and $26 per share.
China sanctions 'likely' over Hong Kong national security law: White House
National Security Adviser Robert O'Brien warned on Sunday that the United States could impose sanctions if China goes through with a controversial national security law that would put Hong Kong's independence at risk.
Hong Kong police fire tear gas, water cannon at protesters
Hong Kong police fired tear gas and a water cannon at protesters in a popular shopping district on Sunday, as thousands took to the streets to march against China's proposed tough national security legislation for the city.
Record jobless claims mean we must heed these lessons from the Great Recession
The focus from federal and state governments should be on two main issues surrounding sustained unemployment.
Stocks post weekly gains after quiet Friday session ahead of Memorial Day
Wall Street wraps winning week in quiet Friday session.
Dropping growth target, China concedes severity of economic obstacles
Premier Li Keqiang abandoned the country's annual gross domestic product target for the first time in more than a quarter-century, citing "factors that are too difficult to predict."
Coronavirus threatens a Minnesota farm town’s economic engine
A coronavirus outbreak at a pork processing plant in a small Minnesota town has strained other local businesses.



















