Boeing is cutting more than 12,000 U.S. jobs through layoffs and buyouts, with several thousand more jobs expected to be cut over the next few months as the aircraft deals with a downturn in travel caused by the coronavirus pandemic.
Officials from SeaWorld and Disney World say they hope to open their theme parks in Orlando, Florida, in June and July.
Stock indexes closed broadly higher on Wall Street Wednesday, as hopes for a coming economic revival turn the market’s leaderboard upside down.
Businesses across the country surveyed by the Federal Reserve don’t appear to share the Trump administration’s optimism about a rapid economic recovery starting this summer.
U.S. home prices accelerated in March even though sales plummeted, as those Americans still buying bid for a sharply diminished supply of homes.
The auto alliance of Nissan and Renault will be sharing more vehicle parts, technology and models to save costs as the industry struggles to survive the coronavirus pandemic.
U.S. consumer confidence inched up this month, showing signs of stabilizing, but remains near a six-year low in the face of the widespread business shutdowns that have sent the economy into recession.
States and businesses are beginning to open with conflicting reports about the danger of doing so coming from the World Health Organization and political leaders.
Latam Airlines, South America’s biggest carrier, is seeking U.S. bankruptcy protection as it grapples with a sharp downturn in air travel sparked by the coronavirus pandemic.
Gucci and Saint Laurent are two of the highest profile luxury fashion houses to announce they will leave the fashion calendar behind, with its relentless four-times-a-year rhythm.