Aid in the form of the Resilience Budget is welcome but more can be done to show how the Resilience Budget has achieved objectives, says OCBC’s Selena Ling.
Starbucks Corp on Wednesday said it will extend special coronavirus provisions, including pay increases for workers and closed dining areas, for two weeks to May 3.
Just two months after taking office, President Donald Trump in March 2017 traveled to Michigan to announce that he would undo ambitious vehicle emissions standards mandated under his predecessor Barack Obama, portraying the reversal as a boost to the U.S. auto industry centered in the Midwestern ...
Volkswagen AG said on Wednesday it is extending a production halt at its Chattanooga, Tennessee, assembly plant until April 12 because of the coronavirus pandemic.
Multi-strategy hedge funds - those that bet on a broad array of markets using teams of traders, leverage and centralized risk management - have flourished as stocks ended their worst three months since the 2008 financial crisis.
WASHINGTON: US President Donald Trump has invited oil executives to the White House to discuss potential aid for the industry as the coronavirus pandemic spurs a historic slump in energy prices, a source familiar with the matter said on Wednesday. The Wall Street Journal, which was first to report ......
U.S. President Donald Trump plans to meet with oil executives on Friday to discuss potential aid to the industry, including possible tariffs on oil imports from Saudi Arabia, the Wall Street Journal reported, citing unidentified sources.
Boston Federal Reserve Bank President Eric Rosengren said social distancing efforts meant to contain the coronavirus outbreak have "stilled" the economy and could lead the unemployment rate to "rise dramatically."
Amazon.com Inc on Wednesday said a handful of workers staged a demonstration at one of its warehouses near Detroit, reflecting the ongoing concerns among its staff about contracting the coronavirus on the job.
U.S. House Speaker Nancy Pelosi urged the U.S. Treasury on Wednesday not to hold up US$25 billion in cash grants approved by Congress last week to airlines for payroll costs.
