The average small business owner in America is 60 years old, and many are considering selling out because they don't want to put their time, energy or resources into rebuilding during this recession.
U.S. President Donald Trump on Thursday said he was very disappointed in China over its failure to contain the novel coronavirus, saying the worldwide pandemic cast a pall over his U.S.-China trade deal.
U.S. stocks opened lower on Thursday as investors grappled with the possibility of prolonged economic weakness due to the coronavirus outbreak, while the threat of a renewed Sino-U.S. trade war also added pressure.
Delta Air Lines said on Thursday it would no longer fly Boeing Co's wide-body 777 aircraft and some of the other older high-maintenance jets, as the U.S. carrier looks to cut costs amid a steep fall in bookings due to travel restrictions around the world.
The U.S. Securities and Exchange Commission said on Thursday it has charged two companies for allegedly providing misleading claims related to COVID-19, the disease caused by the novel coronavirus, after previously suspending trading of both.
It may be time to get creative when it comes to making money, whether it is with a part-time job or striking out on your own.
Nvidia Corp, whose semiconductors power data centers, autonomous cars and robots, said on Thursday it plans to enter the market for technology that helps cars with automated lane-keeping, cruise control and other driver-assistance features.
Renault is preparing to substantially trim down its vehicle range, withdrawing well-known but ailing models like the Espace minivans, as part of looming cost cutting plans, four sources in the industry and close to the French carmaker said.
Zoom Video Communications Inc said Thursday it plans to hire 500 software engineers for research and development locations in Phoenix and Pittsburgh over the next two years, expanding its engineering workforce by about 60%.
Acquisitions will play a "major role" in Deutsche Boerse's strategy update later this year, the chief of the stock exchange said.
The novel coronavirus crisis continues to pummel the U.S. labor market, with the number of Americans filing for unemployment benefits falling less than expected last week, suggesting a second wave of layoffs in industries and jobs not initially impacted by business closures caused by the pandemic.
Wall Street's main indexes fell on Thursday, extending declines for the third straight session, as comments from President Donald Trump renewed worries over Sino-U.S. trade relations and added to concerns of a prolonged economic downturn.
German flagship carrier Lufthansa on Thursday said it would be offering 1,800 round trips a week to more than 130 destinations around the world by the end of June.
Planemaker Airbus has told senior staff the company must be "resized" in plans to be set out by around end-June and is ready to cut jet production again to tackle any second wave of the coronavirus crisis, people briefed on the matter said.
Delta Air Lines , with more than 14,000 pilots on its roster, expects to have 7,000 more than it needs in the fall as the coronavirus pandemic weighs on its operations, according to a memo to flight operations employees seen by Reuters.