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Airline employees' dilemma: Take severance or gamble on Oct. 1 layoffs Airlines are prohibited from laying off or cutting the pay rates of employees through Sept. 30 under the terms of $25 billion in federal coronavirus aid. Employees at Delta, United, American and others have been offered voluntary separation or leave options.
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US social unrest presents opportunities for firms to enhance ESG credentials, bolster ties with other stakeholders NEW YORK(Thomson Reuters Regulatory Intelligence) - *To read more by the Thomson Reuters Regulatory Intelligence team click here: bit.ly/TR-RegIntel. A woman attends a banned demonstration planned in memory of Adama Traore, a 24-year-old black ...
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Stock market live updates: Divided market, tech leads Nasdaq to record, Dow down 150 11:03 am: FAANG names rally again, capping losses in broader market. Investors flocked to big technology stocks once again with Amazon, Netflix and Facebook all gaining at least 2% on Tuesday, limiting the losses in the broader market. Google parent ...
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Wall Street Retreats After Monday's Rally: Live Updates Stocks fell on Tuesday, pulling back after a string of gains that had lifted Wall Street by 6 percent this month. The S&P 500 was down about 1 percent in early trading. Stocks in Britain, Germany and France were nearly 2 percent lower after a mostly positive day ...
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Safe-haven yen, Swiss franc rally as US stock market falters NEW YORK (Reuters) - The safe-haven yen and Swiss franc on Tuesday gained for a second straight day this week as U.S. stocks stumbled a day after a blistering rally that propelled the tech-heavy Nasdaq to an all-time high. Saudi riyal, yuan, Turkish lira, ...
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Individuals Roll the Dice on Stocks as Veterans Fret Hertz was too risky for Carl Icahn. Not for Cory Gerber. Late last month, after Hertz Global Holdings Inc. HTZ -24.41% said it would file for bankruptcy protection, the 84-year-old billionaire sold his stake in the car-rental company for just 72 cents a share.
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Dollar nurses losses amid caution ahead of Fed TOKYO (Reuters) - The dollar nursed losses against most currencies on Wednesday amid some speculation the U.S. Federal Reserve could take steps to curb a recent rise in bond yields at its policy meeting. FILE PHOTO: U.S. dollar notes are seen in this ...
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Oil prices climb as easing of lockdowns fuels hopes for recovery in fuel demand MELBOURNE/SINGAPORE (Reuters) - Oil prices rose on Tuesday, boosted by hopes for a swift recovery in fuel demand as coronavirus lockdown measures are eased across the globe, but gains were capped by the spectre of persistent oversupply in the ...
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Central Bankers Have Crossed Bright Lines to Aid Economies As global central banks race to rescue their economies from coronavirus devastation, they are crossing red lines and trying out policies they had never before attempted. They're probably not done yet. Faced with a crisis unlike any other in memory, central ...
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TREASURIES-Yields tumble ahead of Federal Reserve policy meeting By Karen Pierog CHICAGO, June 9 (Reuters) - U.S. Treasury yields fell on Tuesday benefiting from weaker stocks as the market awaited word from the Federal Reserve about yield curve control and negative interest rates, subjects of broad speculation, ...
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