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Students give public colleges a second look amid coronavirus

Due to the COVID-19 pandemic, college-bound high school seniors are giving their state schools a second look. But not all public colleges are the same.

4 years ago

Oil edges higher after 18-year lows prompt U.S.- Russia talks plan

Oil prices firmed on Tuesday after U.S. President Donald Trump and Russian counterpart Vladimir Putin agreed to talks on stabilising energy markets, with benchmarks climbing off 18-year lows, though the coronavirus-related demand hit capped gains.



4 years ago

S&P 500 set for worst first quarter since 1938

Wall Street was set to open lower on Tuesday, with the S&P 500 headed for its worst first quarter since 1938 as evidence grew of the scale of the damage caused by the collapse in oil prices and business activity due to the coronavirus.



4 years ago

U.S. unemployment offices sitting on mountain of pending claims

Last week's record-setting U.S. jobless claims number will be quickly surpassed, economists and state officials predict, as local labor offices digest a pile of pending applications, and the new stimulus bill extends benefits to the self-employed.



4 years ago

Furniture giant IKEA making masks to help fight coronavirus

Furniture giant IKEA is producing face masks and other protective gear for hospitals, joining a growing list of companies branching out of their normal business areas to help meet equipment shortages in the fight against coronavirus.



4 years ago

IMF extends bilateral borrowing arrangements through 2023

The International Monetary Fund said on Tuesday its board approved a new three-year framework for bilateral borrowing agreements, ensuring that its full $1 trillion lending capacity will be maintained as member countries battle the coronavirus pandemic.



4 years ago

Rolls-Royce targets in jeopardy as pandemic brings air travel slump

British aero-engine maker Rolls-Royce will likely have to slash its 2020 cash flow target after airline customers parked hundreds of planes due to the coronavirus pandemic, analysts said.



4 years ago

Goldman Sachs slashes second quarter U.S. GDP estimate further

Goldman Sachs said on Tuesday that the U.S. second quarter economic decline would be deeper than it had previously forecast and unemployment would be higher, citing anecdotal evidence and "sky-high jobless claims numbers."



4 years ago

Coronavirus concerns delay restart of Ford's North American production

Ford Motor Co said on Tuesday it was postponing its plan to restart production at its North America plants due to safety concerns for its workers amid the coronavirus pandemic.



4 years ago

Disney+ to launch in India on April 3: ET

Walt Disney Co's video streaming service, Disney+, will launch in India on April 3 through its local partner Hotstar, the Economic Times reported https://economictimes.indiatimes.com/magazines/panache/amidst-lockdown-disney-plus-makes-it-way-to-india-users-can-start-streaming-from-april-3/articleshow/74913298.cms on Tuesday.



4 years ago

U.S. proposes minimum air service rules for airlines receiving assistance

The U.S. Transportation Department on Tuesday proposed minimum flight requirements for passenger airlines receiving aid from the government's $50 billion grant and loan fund.



4 years ago

Crisis-hit airlines face crippling cash squeeze, IATA says

Global airlines warned on Tuesday that many carriers may not survive a record cash squeeze in the second quarter, as revenues and traffic plunge because of the coronavirus crisis.



4 years ago

Walt Disney to launch streaming service in India on Friday

Walt Disney Co will launch its Disney+ service in India on April 3, the company said on Tuesday, intensifying rivalry with Netflix Inc and Amazon.com Inc's Prime Video in a country where demand for online streaming is surging.



4 years ago

JPMorgan, addressing racism allegations, reforms customer complaint system, access

JPMorgan Chase & Co told employees on Tuesday it is changing its customer complaint system and how staff choose which customers are eligible for certain banking products after the New York Times reported allegations of racial discrimination against black customers at the bank last year.



4 years ago

U.S. crude rises after 18-year lows prompt U.S.-Russia talks plan

Oil prices steadied on Tuesday, with the U.S. crude benchmark climbing off 18-year lows after U.S. President Donald Trump and Russian counterpart Vladimir Putin agreed to talks on stabilising energy markets.



4 years ago