Lufthansa aims to finalise a state aid rescue package worth up to 10 billion euros ($10.8 billion) next week after the coronavirus crisis forced it to ground almost all of its planes, people close to the matter said.
The U.S. House of Representatives returned to Washington on Thursday to pass a $484 billion coronavirus relief bill, funding small businesses and hospitals and pushing the total spending response to the crisis to an unprecedented nearly $3 trillion.
Some businesses prepared on Thursday to reopen in Georgia and a handful of other U.S. states for the first time in a month, as another week of massive unemployment claims highlighted the grim economic toll of the coronavirus pandemic.
New York Governor Andrew Cuomo said on Thursday a screening of 3,000 people found nearly 14% tested positive for antibodies for the novel coronavirus, suggesting that 2.7 million residents across the state may have been infected with the disease.
Scam artists are trying to head off your windfall from the federal government. Here's how they're trying to steal your stimulus payment from under your nose.
General Motors Co on Thursday won preliminary U.S. court approval of a $120 million settlement with owners who said defective ignition switches caused their vehicles to lose value.
U.S. coronavirus deaths topped 48,000 on Thursday as the number of lives lost in April rises by an average of 2,000 a day, according to a Reuters tally.
Wall Street's main indexes pared gains sharply on Thursday, after a report that Gilead Sciences experimental coronavirus drug flopped in its first randomized clinical trial.
A stunning 26.5 million Americans have sought unemployment benefits since mid-March, confirming that all the jobs gained during the longest employment boom in U.S. history have been wiped out as the novel coronavirus savages the economy.
The Trump administration announced last month that during the coronavirus pandemic it would stop garnishing the wages of struggling student loan borrowers. Some say that's still happening.
Crowdfund Insider | Michael Burtov | Apr 22, 2020 The Impact of Coronavirus on VC Funding It’s no secret that times of economic instability are the ones that create the greatest opportunity for innovation and innovators. When everyone is content, the incumbents tend to win – while when there is injury, the innovators happily fill
Jobless Americans who get the bulk of their income from contract work or self-employment, but also have a side gig, could end up getting smaller unemployment checks from their state than they thought.
A Tyson Foods Inc unit said on Thursday it will temporarily halt production at a beef facility in Pasco, Washington, adding to the meat processing plant the company has had to shutter as it tests workers for COVID-19.
Oil soared on Thursday, extending its rebound after major oil-producing nations said they would accelerate planned production cuts to combat the dramatic slump in demand due to the COVID-19 pandemic.
An array of businesses prepared on Thursday to reopen in Georgia and a handful of other U.S. states for the first time in a month, as another week of massive unemployment claims highlighted the grim economic toll of the coronavirus pandemic.