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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.

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.

AT&T Inc on Wednesday named Jason Kilar, former head of video streaming platform Hulu, as the chief executive officer of its unit WarnerMedia, effective May 1.

U.S. manufacturing activity contracted less than expected in March, but disruptions caused by the coronavirus pandemic pushed new orders received by factories to an 11-year low, reinforcing economists' views that the economy was in recession.

A Swiss distillery has converted its production of pear schnapps to make disinfectant hand gel for use against the coronavirus.

Myanmar leader Aung San Suu Kyi cited the coronavirus pandemic as the impetus for reluctantly creating her first personal Facebook account in a post on Wednesday.