U.S. consumer confidence tumbled to near a six-year low in April as tough measures to curb the spread of the novel coronavirus sharply disrupted economic activity and threw millions of Americans out of work.
Sweden’s H&M is set to permanently close eight of its Italian stores, including two in the country’s fashion capital Milan, as it pushes ahead with plans that pre-date the COVID-19 pandemic.
Southwest Airlines Co said on Tuesday it has agreed with Boeing Co to sharply cut its 737 MAX delivery schedule through 2021 and is reviewing its order book as the coronavirus pandemic caused its first quarterly loss in nine years.
3M is the world’s biggest maker of the masks and has seen demand swell as the outbreak spread globally, putting the company at the heart of a tug-of-war over supplies. The Minnesota-based company pulled its 2020 outlook citing economic uncertainty due to the pandemic and also suspended its share repurchase. Beginning May, 3M said it would begin reporting monthly sales information to provide transparency on its ongoing business performance as it navigates the pandemic. …read more […]
(Bloomberg) — A crisis California didn’t foresee — the Covid-19 pandemic — is complicating preparations for one that arrives with a vengeance every year.With wildfire season on the horizon, state officials have ordered prevention efforts to proceed after rains have tapered off and before the heat of summer. But work is progressing slower than usual as firefighting agencies and electric utilities institute new practices to keep employees safe.Social-distancing requirements complicates many of the tasks, including trimming trees near power lines, clearing brush around homes, setting small, controlled fires and replacing old utility poles that could snap in strong winds. Plus, …read more […]
Slumping sales at big fast food chains could get a boost as hungry and restless customers spend stimulus checks after long lockdowns, analysts and some operators said ahead of quarterly earnings that will show the extent of damage from the coronavirus slowdown.
Warren Buffett is one of the greatest investors of our time. So, it’s useful to listen to what he has to say. That’s why I’ve put together this thoughtful list of the best Warren Buffett quotes.
Please take some time to ponder the sayings below. With each quote, dig a little deeper and think about the reasoning behind them. Doing so can help you improve your financial success. Not only that, but the wisdom can help in many areas of life.
Famous Warren Buffett Quotes
To gain a deeper understanding, I’ve organized the quotes into three sections. I’ve also provided some comments and …read more […]
U.S. economic activity likely contracted in the first quarter of 2020 for the first time in six years. The coronavirus outbreak broadened out across the globe at the end of the quarter, dragging output to a near standstill. …read more […]
Cheryl Wellman is one of thousands of small business owners anxious to see if she’ll get a slice of the $310 billion in new emergency aid that was just released by Washington.
U.S. bankers racing to grab $310 billion in fresh small-business aid worked through the night on Tuesday, with many battling ongoing technology problems created by 11th hour changes to the first-come-first-served program, multiple bankers said.
U.S. consumer confidence falls in April, reaching its lowest level in roughly six years. The Conference Board Chief Economist Bart Van Ark joins Yahoo Finance’s On The Move panel to discuss. …read more […]
Stock markets across the globe moved in and out of losses on Tuesday, whipsawed by Wall Street as mixed corporate earnings reports were not enough to offset a wild ride in oil prices.
Bayer shareholders on Tuesday voted in favour of ratifying the executive board’s business conduct during 2019, following a rebuke a year earlier.
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