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Juul co-founder James Monsees plans to leave

Juul Labs Inc said on Thursday co-founder James Monsees plans to leave the e-cigarette maker, stepping down as an adviser and board member.



5 years ago

Airbnb bookings take hit amid global coronavirus outbreak

U.S. home rental company Airbnb Inc's bookings in major cities across the world have taken a blow due to coronavirus-fueled uncertainty in the travel industry, data from Airbnb-analytics firm AirDNA shows.



5 years ago

Oil falls 7% after Trump surprises with travel curbs

Brent crude slid 7% on Thursday after President Donald Trump restricted travel to the United States from Europe as part of measures to try to halt the spread of coronavirus after the World Health Organization described the outbreak as a pandemic.



5 years ago

Global airlines call for government aid as new U.S. coronavirus travel curbs bite

Airlines on Thursday appealed for urgent government financial support as transatlantic carriers rushed to cut flights in the wake of new U.S. travel restrictions on Europeans aimed at combating the coronavirus outbreak.



5 years ago

U.S. airlines capping fares from Europe as Americans seek flights home

American Airlines Inc and Delta Air Lines Inc on Thursday said they were capping fares for U.S.-bound flights from Europe, amid some reports of exorbitant pricing, as U.S. citizens flock to European airports trying to return home after new air travel restrictions ordered by U.S. President Donald Trump.



5 years ago

As Trump's stock market gains shrink, he says it will 'work out fine'

For three years, U.S. President Donald Trump has touted a stunning run-up in the stock market as evidence of his success in the White House. In the space of three weeks, most of those gains have evaporated.



5 years ago

Wall Street empties out as New York City declares state of emergency

Working from home went from optional to mandatory across Wall Street this week as financial firms reported their first confirmed cases of coronavirus and the outbreak triggered a state of emergency in New York City.



5 years ago

Amazon tells staff globally to work from home if possible

Amazon.com Inc on Thursday said it was recommending that employees globally work from home this month if they are able to do so, while necessary on-site staff such as warehouse workers would get up to two weeks' pay if quarantined because of the coronavirus.



5 years ago

U.S. should 'wait and see' on fiscal help for companies, ex-Treasury Sec. Jack Lew says

Lew said the corporate tax cut created by the current administration should have put most large businesses in a strong cash position.

5 years ago

Panic grips financial markets after U.S. travel curbs, ECB move

Panic hit world financial markets on Thursday after stimulus efforts from the European Central Bank failed to calm investors alarmed by U.S. moves to restrict travel from Europe because of the coronavirus pandemic.



5 years ago

Washington state repeals pro-Boeing tax break; U.S. hopes to avoid EU tariffs

Washington state on Thursday moved to formally repeal an aerospace tax break that benefited U.S. planemaker Boeing and avert looming European Union tariffs on U.S. goods.



5 years ago

Exclusive: France to allow some Huawei gear in its 5G network - sources

France will authorize the use of some of Huawei's equipment in the rollout of its 5G network, two sources close to the matter told Reuters, despite U.S. calls to exclude the Chinese telecoms giant from the West's next-generation communications.



5 years ago

Slack shares slump on full-year billings forecast, jump in expenses

Slack Technologies Inc forecast lower-than-expected billings for fiscal 2021 on Thursday and saw its expenses soar in the fourth quarter, sending its shares down more than 20% aftermarket.



5 years ago

Gap sees 2020 profit above estimates, flags $100 mln sales hit from coronavirus

Gap Inc forecast 2020 profit above market expectations on Thursday as it pushes through its restructuring plan, but said it expected an impact of $100 million in first-quarter sales due to the fast-spreading coronavirus in Asia and Europe.



5 years ago

United to scale back flights to Europe after March 19

United Airlines Holdings Inc said on Thursday it will continue to fly its regular schedule from Europe to the United States through March 19 but is scaling back flights after that date.



5 years ago