Millions of Americans will get $1,200 from the federal government to help stave off the financial devastation of the coronavirus. But because those payments are based on prior tax returns, that excludes up to 10 million individuals who typically don't file. Now TurboTax has created a website for those people to enter their information.
Amazon.com Inc has been in contact with the CEOs of two coronavirus test makers as it considers how to screen its staff and reduce the risk of infection at its warehouses, according to internal meeting notes seen by Reuters.
The job losses suffered in March as the U.S. economy shut down in the face of the novel coronavirus pandemic were widespread but still were disproportionately felt in a handful of employment sectors and by women, the young and the less educated.
OPEC and Russia have postponed a meeting planned for Monday until later next week, OPEC sources said on Saturday, as a row intensified between Moscow and Saudi Arabia over who is to blame for plunging oil prices.
U.S. lender Capital One Financial Corp said on Saturday it would not use a U.S. Commodity Futures Trading Commission (CFTC) waiver after commodity price volatility lifted the bank's derivatives exposure toward a key regulatory threshold.
President Donald Trump said on Saturday he would put tariffs on imports of crude oil or take other measures if he has to protect energy workers from the oil price crash.
United Airlines said late Saturday it will drastically reduce flights to two New York City airports amid the coronavirus outbreak.
U.S. President Donald Trump said on Saturday he would impose tariffs on crude imports if he has to "protect" U.S. energy workers from the oil price crash that has been exacerbated by a war between Russia and Saudi Arabia over market share.
OPEC and Russia have postponed a meeting due on Monday to discuss oil output cuts until April 9, OPEC sources said on Saturday, as a row between Moscow and Saudi Arabia over who is to blame for plunging crude prices intensified.
The U.S. economy shed jobs in March, abruptly ending a historic 113 straight months of employment growth as stringent measures to control the novel coronavirus pandemic shuttered businesses and factories, all but confirming a recession is underway.
Tesla Inc is cutting contractors from its U.S. car and battery plants, CNBC reported on Friday, citing workers and a contract staffing agency.
The Saudi foreign minister said early on Saturday that a statement attributed to Russia's President Vladimir Putin about the kingdom's withdrawal from the OPEC+ deal is not correct, and that Russia is the one that withdrew, state agency (SPA) reported.
The Saudi energy minister on Saturday rejected Russia's remarks that the kingdom withdrew last month from a deal to cut output.
"I don't think these things are mutually exclusive," the co-founder of DreamWorks Animation told CNBC.
It is illegal for oil producers to meet to discuss pushing up oil prices under U.S. antitrust law, but perfectly legal if state regulators or the federal government set lower production levels for them, U.S. antitrust experts said on Friday.