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U.S. SEC charges two companies over misleading COVID-19 claims: statement

The U.S. Securities and Exchange Commission said on Thursday it has charged two companies for allegedly providing misleading claims related to COVID-19, the disease caused by the novel coronavirus, after previously suspending trading of both.



5 years ago

Here's how you can make money during the coronavirus pandemic

It may be time to get creative when it comes to making money, whether it is with a part-time job or striking out on your own.

5 years ago

Nvidia turns to driver-assistance market as robo-taxis stall

Nvidia Corp, whose semiconductors power data centers, autonomous cars and robots, said on Thursday it plans to enter the market for technology that helps cars with automated lane-keeping, cruise control and other driver-assistance features.



5 years ago

Renault to discontinue iconic models as carmaker cuts costs: sources

Renault is preparing to substantially trim down its vehicle range, withdrawing well-known but ailing models like the Espace minivans, as part of looming cost cutting plans, four sources in the industry and close to the French carmaker said.



5 years ago

Zoom to expand in U.S. with engineering centers in Phoenix, Pittsburgh

Zoom Video Communications Inc said Thursday it plans to hire 500 software engineers for research and development locations in Phoenix and Pittsburgh over the next two years, expanding its engineering workforce by about 60%.



5 years ago

Deutsche Boerse says acquisitions to play major role in strategy

Acquisitions will play a "major role" in Deutsche Boerse's strategy update later this year, the chief of the stock exchange said.



5 years ago

U.S. jobless claims remain elevated amid second layoffs wave

The novel coronavirus crisis continues to pummel the U.S. labor market, with the number of Americans filing for unemployment benefits falling less than expected last week, suggesting a second wave of layoffs in industries and jobs not initially impacted by business closures caused by the pandemic.



5 years ago

Wall St drops on Trump's China trade comments, economic worries

Wall Street's main indexes fell on Thursday, extending declines for the third straight session, as comments from President Donald Trump renewed worries over Sino-U.S. trade relations and added to concerns of a prolonged economic downturn.



5 years ago

Lufthansa plans 1,800 round trips a week by the end of June

German flagship carrier Lufthansa on Thursday said it would be offering 1,800 round trips a week to more than 130 destinations around the world by the end of June.



5 years ago

Exclusive: Airbus must be 'resized' to tackle crisis, CEO tells staff - sources

Planemaker Airbus has told senior staff the company must be "resized" in plans to be set out by around end-June and is ready to cut jet production again to tackle any second wave of the coronavirus crisis, people briefed on the matter said.



5 years ago

Delta to have 7,000 more pilots than needed in the fall: memo

Delta Air Lines , with more than 14,000 pilots on its roster, expects to have 7,000 more than it needs in the fall as the coronavirus pandemic weighs on its operations, according to a memo to flight operations employees seen by Reuters.



5 years ago

Equities sink, bonds rise for third day on recovery fears

World stock markets fell for a third day on Thursday and safe-haven bonds rose as disappointing U.S. jobs data and signals by central banks that further government stimulus may be needed stoked investor concerns about the global economic recovery.



5 years ago

Nissan could look at shutting Barcelona plant, no decision made: sources

Nissan Motor may be looking at the possibility of closing its Barcelona factory but no final decision has been made as the Japanese carmaker plans a new global strategic direction, two sources with direct knowledge told Reuters.



5 years ago

Exclusive: Renault to discontinue Espace model as carmaker cuts costs - sources

Renault is preparing to substantially reduce its vehicle range, withdrawing well-known but ailing models like the Espace minivans, as part of looming cost cutting plans, four sources in the industry and close to the French carmaker said.



5 years ago

U.S. SEC charges two companies, CEO over misleading COVID-19 claims

The U.S. Securities and Exchange Commission said on Thursday it has charged two companies and a chief executive officer with making misleading claims related to COVID-19, the disease caused by the novel coronavirus.



5 years ago