Trump says Warren Buffett has been right 'his whole life,' but made a mistake selling airlines
Trump called out Warren Buffett in a White House address and said the billionaire investor's decision to sell airline stocks was a mistake.
Trump called out Warren Buffett in a White House address and said the billionaire investor's decision to sell airline stocks was a mistake.
A stand-off between airplane manufacturers and airlines over the coronavirus crisis is intensifying after Airbus signalled it would sue airlines that refuse to honour contracts.
Marriott International, the only U.S. company to run a hotel in Communist-run Cuba, the Four Points Sheraton in Havana, told Reuters it had been ordered by the Trump administration to wind down its operations by August 31.
U.S. stock indexes jumped on Friday, with the Nasdaq Composite less than 1% away from a record high, on hopes of a faster economic rebound from a coronavirus-led slump after data showed surprise job additions in May.
The legislation eases the guidelines small business aid recipients have to meet during the coronavirus pandemic in order to get loans forgiven.
WeWork co-founder Miguel McKelvey will leave the office space-sharing firm at the end of June, a company spokesman said on Friday.
Oil prices rose on Friday after an unexpected fall in the May U.S. jobless rate and OPEC's decision to bring forward to Saturday discussions on whether to extend record production cuts.
President Donald Trump on Friday celebrated a stunning U.S. employment report that showed the country gained more than 2.5 million jobs last month during the thick of the coronavirus pandemic, and predicted the battered economy will have recovered by 2021.
Britain's high-street restaurant chains Bella Italia, Cafe Rouge and Las Iguanas could see around 30% of their outlets cut, two sources told Reuters, as their owner pushes ahead with talks to sell the businesses stricken by the COVID-19 crisis.
Faced with a partial reopening of their branches from July, many high street restaurant businesses in Britain risk disappearing from the high street or at least changing hands, as private equity owners decide whether to raise billions of dollars to snap up what they see as bargains.
Volkswagen on Friday said it had resumed deliveries of its newest Golf model after voluntarily halting sales in mid-May.
U.S. President Donald Trump said on Friday he views the Phase 1 trade deal inked between the United States and China differently in the wake of the coronavirus pandemic.
Qualified opportunity funds give investors a tax-advantaged way to pour money into economically distressed areas. The IRS is giving these taxpayers until the end of the year to select the projects they will back.
The U.S. economy unexpectedly added jobs in May after suffering record losses in the prior month, offering the clearest signal yet that the downturn triggered by the COVID-19 pandemic was probably over, though the road to recovery could be long.
President Donald Trump on Friday celebrated a stunning U.S. employment report that showed more than 2.5 million jobs were added last month during the thick of the coronavirus pandemic, and predicted the battered economy will recover all of its lost jobs by next year.