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IMF says deeper-than-expected contraction in U.S. economy likely in second quarter

IMF says deeper-than-expected contraction in U.S. economy likely in second quarter

WASHINGTON (Reuters) – A defacto lockdown in the United States has lasted longer than expected despite a rollback in some…
World stock markets slip on second wave virus fears, safe-havens rise

World stock markets slip on second wave virus fears, safe-havens rise

NEW YORK/LONDON (Reuters) – Global stock markets drifted lower on Thursday as an increase in new coronavirus cases in some…
Vans, not glamorous, but key as EU weighs autos mega-merger

Vans, not glamorous, but key as EU weighs autos mega-merger

MILAN/PARIS (Reuters) – Their silhouettes don’t stir dreams of adventure like a sports car or trendy SUV, but vans are…
Kroger expects to top 2020 outlook, beats estimates for profit, sales

Kroger expects to top 2020 outlook, beats estimates for profit, sales

FILE PHOTO: Customers browse grocery store shelves inside Kroger Co.’s Ralphs supermarket amid fears of the global growth of coronavirus…
Mother’s Day sales uptick doesn’t cover coronavirus downturn, Washington D.C. florist says

Mother’s Day sales uptick doesn’t cover coronavirus downturn, Washington D.C. florist says

WASHINGTON (Reuters) – Mother’s Day during the coronavirus pandemic meant an uptick in sales for Lee’s Flower and Card Shop…
Amazon to hire 3,000 people in South Africa for customer service roles

Amazon to hire 3,000 people in South Africa for customer service roles

FILE PHOTO – A view of the Amazon logistic center with the company’s logo in Dortmund, Germany November 14, 2017.…
Oil prices tick up as drop in U.S. product stocks encourages bulls

Oil prices tick up as drop in U.S. product stocks encourages bulls

LONDON (Reuters) – Oil prices ticked up on Thursday after U.S. oil product stocks shrank, providing bulls with ammunition ahead…
Australian regulator says Google’s $2.1 billion Fitbit deal could harm competition

Australian regulator says Google’s $2.1 billion Fitbit deal could harm competition

SYDNEY/BENGALURU (Reuters) – Australia’s antitrust regulator warned Google’s planned $2.1 billion acquisition of fitness tracker maker Fitbit (FIT.N) may give…
FAA chief acknowledges agency, Boeing made mistakes on 737 MAX

FAA chief acknowledges agency, Boeing made mistakes on 737 MAX

(Reuters) – The head of the Federal Aviation Administration, Steve Dickson, acknowledged on Wednesday that Boeing Co and the U.S.…
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