Oil futures steadied on Thursday as the market awaited confirmation of industry data that showed a surprise increase in U.S. crude stocks, which offset hopes for a demand recovery as coronavirus lockdowns ease.
As the debate over extending student loan forgiveness continues in Congress, this year's crop of high school graduates are taking on more college debt.
This year will be the worst for many world stock markets in nearly a decade at least, although a majority of equity strategists polled by Reuters say top indexes will not revisit lows struck this March following an explosive rally since then.
U.S. President Donald Trump is expected to order a review of a law that has long protected Twitter, Facebook and Alphabet's Google from being responsible for the material posted by their users, according to a draft executive order and a source familiar with the situation.
The number of Americans filing for unemployment benefits held above 2 million last week for a 10th straight week amid job cuts by U.S. state and local governments whose budgets have been decimated fighting the COVID-19 pandemic and more second-wave layoffs in the private sector.
Last month Zagg Inc, a Utah-based company that makes mobile device accessories, received more than $9.4 million in cash from a U.S. government program that has provided emergency loans to millions of businesses hit by the coronavirus.
Work-sharing programs let businesses recall employees to satisfy Paycheck Protection Program rules without jeopardizing unemployment benefits.
China's Geely Automobile Holdings Ltd has launched an $836 million-$859 million placement of 600 million new shares, according to a term sheet seen by Reuters.
Nissan Motor Co outlined a new plan on Thursday to become a smaller, more efficient carmaker after the coronavirus pandemic exacerbated a slide in profitability that culminated in its first annual loss in 11 years.
The number of Americans filing for unemployment benefits held above 2 million last week for a 10th straight week amid job cuts by U.S. state and local governments whose budgets have been decimated fighting the COVID-19 pandemic and more second-wave layoffs in the private sector.
Citigroup Inc looks to reopen its New York headquarters to a small number of employees as soon as July, with workers returning to London offices even earlier, Chief Executive Officer Michael Corbat told Bloomberg News in an interview.
If U.S. President Donald Trump goes ahead with his threat to close Twitter, the micro-blogging site can always relocate to Germany.
U.S. stocks were largely flat on Thursday, with the S&P 500 holding at near three-month highs as investors paused after a three-day rally, weighing hopes of a swift economic recovery against underlying tensions between United States and China.
Spain will do everything it can to overturn Nissan's decision to close its Barcelona plant, Foreign Minister Arancha Gonzalez Laya told Reuters in an interview.
Nissan Motor Co has agreed to settle a long-running dispute with the Indian state of Tamil Nadu after claiming it was owed 50 billion rupees ($660 million) in unpaid dues and damages, six sources told Reuters.