Hertz reported a net loss of $356 million for Q1 2020 as it fights to avoid bankruptcy by holding on to liquidity.
The $3 trillion HEROES Act would nearly double the amount Congress already has authorized in COVID-19 relief.
Norway’s $1 trillion oil fund is the biggest sovereign wealth fund in the world
Czech billionaire Daniel Kretinsky takes 5% stake in Macy's, making him a top five investor in the retailer.
The FDA has fast-tracked development of a coronavirus vaccine using experimental RNA technology.
Uber has made a bid to takeover food delivery service Grubhub, which could lead to an agreement between the two companies as early as this month.
U.S. central bank officials have rejected negative interest rates.
Ford has issued three recalls that affect certain models within its vehicle lineup. Is your vehicle affected?
Saudi Aramco vowed to make huge dividend payments prior to last year’s IPO
Effective June 1, Hyatt will lay off 1,300 workers globally as it looks to restructure amid the coronavirus pandemic.
U.S. stocks rose on Tuesday as traders look forward to more states reopening their economy.
Simon Property Group tries to add fuel to the economic recovery by announcing the reopening of half its malls and other real estate properties by next week.
After a devastating $2.9 billion loss in the first quarter, ride-hailing company Uber fired 3,500 workers last week -- all virtually.
Tensions between the two have increased since Australia started calling for an independent investigation into the origin of the coronavirus outbreak, which began in China before spreading around the world.
Fear of the unknown, in this case if reopening state economies will reignite the COVID-19 pandemic in the U.S, still leaves investors spooked and wary of more commitments to Wall Street.
India fears separatist movements in Punjab and Kashmir
Democrats could vote as early as Friday on a massive spending package rivaling the $2.2 trillion measure adopted in March.
The billionaire entrepreneur has frequently offered unique takes on how the government should tackle the coronavirus crisis.
Despite the efforts that Tyson Foods has taken, more than 4,500 workers have tested positive for the coroanvirus, marking 12,500 positive cases throughout the meat industry.
U.S. stocks finished mixed on Monday but strength in tech names pushed Nasdaq higher
An Amazon worker from a warehouse in Indiana has tracked at least 600 coworkers that have tested positive for COVID-19.
Tesla CEO Elon Musk has threatened to take Tesla out of California and move the company's operations to Nevada and Texas.
A new survey from Oxford University of over 200 economists and economic officials finds that the impending plans from governments across the world to stimulate their economies in the face of the coronavirus pandemic could be boosted by investing in climate-friendly “green” policy programs.
Steak 'n Shake adds 51 restaurant closures to its growing list of permanent shutdowns. Here's why the restaurants are closing.
Analysis says Macy's may benefit from J Crew and Neiman Marcus bankruptcies.
A second wave of the coronavirus could be devastating for the U.S. economy, Moody's economist Mark Zandi said.
Apple is seeking to reduce its reliance on Chinese manufacturing
Liquidation sales at Gordmans, Goody's, Bealls, Palais Royal, Peebles, and Stage will begin on Friday as the retailer starts to reopen stores.
Low oil prices have greatly slashed Saudi Arabia’s state revenues.
A Gallup poll indicates Americans have several conditions before they'd be willing to resume normal activities while a Coreinsight Research survey indicates Americans plan to avoid public places or travel despite easing of restrictions.