As Americans delay elective surgeries and avoid doctors and hospitals during the coronavirus pandemic, healthcare spending declines have more than offset the added costs of COVID-19 care, insurance executives and experts say, boosting U.S. health insurer profits.
Britain's easyJet said it will hold a general meeting of investors on May 22 to consider resolutions put forward by its biggest shareholder and founder Stelios Haji-Ioannou, who opposes the airline's strategy of buying more planes.
U.S. stock index futures rose on Monday as more states looked set to lift coronavirus-induced curbs, with investors also turning to quarterly earnings reports from marquee companies including Apple and Microsoft later this week.
Adidas warned of an even deeper hit to second-quarter sales and profits from coronavirus lockdowns after the German sportswear firm reported worse-than-expected first-quarter results and said it had not yet seen a full rebound in China.
Brazil's Embraer SA has already begun an arbitration process against Boeing Co , its CEO said on Monday, after the U.S. planemaker canceled a $4.2 billion deal overnight.
U.S. stock index futures rose on Monday as more states looked set to lift coronavirus-induced curbs, and investors awaited earnings reports from marquee companies including Apple and Microsoft due this week.
Oil prices slumped again on Monday on concerns over scarce storage capacity, especially in the United States, and global economic doldrums from the coronavirus pandemic.
General Motors Co said on Monday the automaker has suspended its quarterly cash dividend on its common stock and its share buybacks to save cash in the face of the coronavirus crisis that has severely hurt global automobile sales.
Data from FactSquared, a Washington D.C.-based data analytics firm, shows the full extent that public companies successfully navigated emergency funding.
EasyJet's battle with its founder and biggest shareholder Stelios Haji-Ioannou will come to a head on May 22, when the results of an investor vote on the airline's strategy to stick with a plan to buy more planes will be made public.
VW the world's largest carmaker by sales, resumed work at its biggest factory in Wolfsburg, Germany, on Monday even as inventory levels across the industry continue to build up as the coronavirus pandemic saps demand.
Norway has started formal talks with the shipbuilding division of Thyssenkrupp for the construction of new submarines and expects to conclude the negotiations this year, the Norwegian defence ministry said on Monday.
U.S. stock futures rise Monday as investors assessed the possibility of reopening the economy after the coronavirus outbreak.
U.S. banks were girding on Monday for another chaotic dash to grab $310 billion in fresh small business aid due to be released by the government, after it changed some of the rules of the first-come-first-served program at the 11th hour.
Jim Cramer said on "Squawk on the Street" that there's still no where to store excess oil and the futures market is "broken."