Delta Air Lines Inc said on Thursday it has amended its US$2.65 billion credit facility agreement with covenants, which include restricting the U.S. airline's ability to pay dividends or repurchase stock before Sept. 30, 2021.
Crude prices fell on Friday as the resurgence of the coronavirus globally and in the United States, the world's largest oil consumer, dimmed the prospects of fuel demand recovery.
The dollar was hemmed into a narrow range on Friday, supported by safe-haven flows as a resurgence of the coronavirus in the United States discouraged some investors from taking on excessive risk.
Tesla Inc on Thursday denied media reports and said it had not fired employees who chose to stay at home during the coronavirus pandemic over safety concerns at the carmaker's California factory.
JPMorgan Chase & Co is eliminating terms like "blacklist," "master" and "slave" from its internal technology materials and code as it seeks to address racism within the company, said two sources with knowledge of the move.
NEW YORK: Boeing's communications chief resigned on Thursday (Jul 2) following a complaint over an article he wrote more than 30 years ago contending that women should not serve in combat. His resignation comes as a number of US companies examine their corporate culture following weeks of protests ...
Biotech firm Moderna Inc could reap tens of billions of dollars in sales and stock appreciation if it wins the race for a COVID-19 vaccine. If it loses, the early-stage company’s value could crash.
JPMorgan Chase & Co is eliminating terms like "blacklist," "master" and "slave" from its internal technology materials and code as it seeks to address racism within the company, said two sources with knowledge of the move.
A Black Facebook Inc worker on Thursday filed a complaint claiming the social media giant's stated commitment to diversity and civil rights, including its support for the Black Lives Matter movement, masks widespread discrimination against Black workers.
The U.S. Federal Reserve's massive stash of bonds and other assets slipped for a third straight week to its smallest size since mid-May, data released by the central bank on Thursday showed.
