Business News

More Than 5 Million Customers Affected In Latest…

The hotel chain says a system containing guests' names and personal information was accessed.

Shares rebound on glimmers of progress in…

Asian shares and U.S. futures have rebounded as investors grasped at threads of hope that the battle against the coronavirus pandemic may be making some progress in some hard-hit areas

Carnival Corp. Seeking Billions To Handle…

The coronavirus has forced many cruise lines, including ones owned by Carnival Corporation, to suspend operations.

Grocery workers are key during the virus. And…

Grocery workers across the globe are working the frontlines during lockdowns meant to keep the coronavirus from spreading

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American Airlines Says It Will Seek $12B In…

Airline executives said the government assistance "will allow us to fly through even the worst of potential future scenarios."

Chaos and scrambling in the US oil patch as…

The global economic crisis caused by coronavirus has devastated the oil industry in the U.S., which pumps more crude than any other country

Crocs Donating Shoes To Health Care Workers Amid…

​Health workers across the U.S. can request a free pair of the company's shoes through its website.

Seafood industry struggling to stay afloat amid…

The seafood industry has been upended by the spread of the coronavirus, which has halted restaurant sales and sent fishermen and dealers scrambling for new markets

Singapore Airlines To Slash Operations Amid…

​The company said it will reduce capacity by 96% due to recent global border restrictions.

No COVID-19 testing at home yet but quicker…

Home testing for the new coronavirus may sound like a good idea, but U.S. regulators say it’s still too risky

Unemployment To Hit 30% Because Of Coronavirus…

James Bullard told Bloomberg News the second quarter will likely see a 50% drop in gross domestic product as well.

German restaurant takes novel approach to keep…

Thomas Metzmacher was faced with having to shut down his Frankfurt restaurant specializing in a traditional tart hard cider due to German regulations prohibiting groups of people from gathering amid the coronavirus pandemic

Nikki Haley Resigns From Boeing's Board Of…

The former U.S. ambassador to the U.N. resigned over the company's request for government aid in response to the coronavirus pandemic.

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Saudi Arabia sharply rebukes Russia over oil…

Saudi Arabia has sharply criticized Russia over what it described as Moscow blaming the kingdom for the collapse in global energy prices

Unemployment Claims Rise Amid Outbreak

As coronavirus outbreak triggers layoffs, unemployment claims are on the rise.

U.S. Automakers Willing To Produce Ventilators At…

Ventilators, which help patients breathe, are being used by hospitals to treat some of the more severe coronavirus cases.

New York Stock Exchange To Close Floor, Shift To…

​The NYSE's president said two people tested positive for the coronavirus but that the building has been cleaned since they were last inside.

Big Three Automakers Agree To Halt Production…

Ford, Fiat Chrysler and General Motors will stop production in North America.

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Federal Reserve Activates Economic Safeguards…

The Fed is using two emergency lending programs to help keep credit flowing.

Union Urges 3 Major Automakers To Halt Production…

The United Auto Workers union is urging Ford, Fiat Chrysler and General Motors to pause production in Detroit for two weeks.