(RTTNews) - Gap Inc. (GPS) said that it has temporarily reduced store hours for all of its stores across the US and Canada, as a result of the evolving COVID-19 pandemic.
(RTTNews) - TUI Group has decided to suspend the vast majority of all travel operations until further notice, including package travel, cruises and hotel operations. The temporary suspension is aimed at contributing to global governmental efforts to mitigate the effects of the s
(RTTNews) - Indian shares tumbled on Monday and the rupee opened lower by 15 paise at 74.06 per dollar despite the U.S. central bank delivering another unscheduled rate cut.
(RTTNews) - United Airlines (UAL) said it will cut capacity by about 50% for April and May, as it expects a drop in demand due to the novel coronavirus outbreak. It also expects these deep cuts to extend into the summer travel period.
(RTTNews) - The Financial Services Forum, which represents eight of the nation's largest banks, said that its members have suspended share buybacks through the second quarter of 2020 due to the coronavirus pandemic.
(RTTNews) - The Australian stock market is tumbling more than 5 percent on Monday after the US Federal Reserve slashed its benchmark lending rate from 1 to 1.25 percent to 0-0.25 percent and also launched a new round of quantitative easing worth $700 billion to help the U.S. eco
(RTTNews) - The Hong Kong stock market has finished lower in three straight sessions, plunging more than 1,350 points or 5.3 percent along the way. The Hang Seng Index now rests just above the 24,030-point plateau and it's expected to see further downside again on Monday.
Newell Brands (NASDAQ: NWL) has had a rough few years with shareholders suffering the consequences. The stock is trading at just one-quarter of its value from three years ago. This comes after Newell completed an ill-advised $13 billion cash-and-stock acquisition of Jarden in 20
When Netflix (NASDAQ: NFLX) and its streaming peers took on traditional pay TV, subscriber counts and legacy TV profits weren't the only things to be upended. Among the collateral damage were traditional measures of TV audiences, including Nielsen's long-tenured and widely respe
Two of the three private equity firms that caused sweeping changes at Bed Bath & Beyond (NASDAQ: BBBY) have firmly fixed their gaze on struggling deep-discount chain Big Lots (NYSE: BIG).
What happened
President Trump's press conference regarding plans to combat the COVID-19 coronavirus pandemic led to a sharp rebound in the stock markets on March 13. Many of the largest U.S. companies enjoyed powerful rallies in their stock prices. That included Berkshire Hathaw
Social Security benefits are a major source of income for many retirees, but there are a few misconceptions about the program. Some soon-to-be retirees are worried that the program is going bankrupt and benefits will soon be a thing of the past, while other workers expect their
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COVID-19, the disease caused by the novel coronavirus, has been officially labeled a pandemic by the World Health Organization (WHO). In the U.S., there are now more than 1,200 confirmed cases and at least 29 deaths. Globally, over 100 countries have reported cases of COVID-19,