BUSINESS/FINANCE NEWS
Setup News Ticker
   BUSINESS/FINANCE NEWS
MarketWatch MarketPulseApr 03, 2020
European stocks open lower as global coronavirus cases top one million
European stocks slipped and U.S. equity futures pointed to a weaker session on Friday, as investors braced for more bad news on the American job front and coronavirus cases worldwide topped one million. The Stoxx Europe 600 index dropped 0.4%, alongside a similar loss for the German DAX 30 index , while the FTSE 100 index fell 0.7%. After a positive session for Wall Street on Thursday, Dow Jones Industrial Averages futures fell 181 points, or 0.9%, to 21,077. S&P 500 and Nasdaq-100 futures eased around 0.8%. Oil prices pared back some of Thursday's gains that saw West Texas Intermediate crude jump nearly 25% and Brent crude climb 21%. Those contracts were off 1.7% and 0.3% respectively. Oil's rally was sparked by a tweet from President Donald Trump who predicted Saudi Arabia and Russia would agree to significantly cut oil production. Investors are waiting for March nonfarm payrolls data from the U.S., after data Thursday showed a record 6.6 million Americans filed for unemployment claims due to shutdowns from the coronavirus outbreak.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



RELATED ARTICLES
Fact-checking coronavirus briefing: Trump says scarves 'better' than masks, exaggerates Europe travel restriction - CNN (Google Business News)

Reuters BusinessApr 03, 2020
Oil, shares slip as investors doubtful over Saudi-Russia deal
Oil prices shed some of their massive gains on Friday taking stocks in Asia lower, as doubts grew over an oil price deal between Saudi Arabia and Russia that U.S. President Donald Trump said he had brokered.

RELATED ARTICLES
GLOBAL MARKETS-Oil, shares slip as investors doubtful over Saudi-Russia deal (Reuters Company News)
Oil Prices Fall in Asia After Thursday Surge: Live Updates - The New York Times (Google Business News)

Forbes HeadlinesApr 03, 2020
Lessons From Covid-19: How To Protect Your Supply Chains During The Crisis
The crisis is impacting supply chains and operations across the world. Here are 7 tips to consider now, so you can better protect your business before the next crisis hits.

MarketWatchApr 03, 2020
The Wall Street Journal: 3M CEO says demand for N95 masks exceeds capacity as Trump invokes Defense Production Act
American manufacturers say it will be months before they meet demand for high-quality masks, part of a broader breakdown in the effort to supply enough protective gear and lifesaving equipment to fight the coronavirus pandemic.

Yahoo BusinessApr 03, 2020
U.S. Stock Futures Fall With Relief Rally Fading on Pandemic Fears
(Bloomberg) -- U.S. stock index futures fell, erasing part of Thursday's rally, as global coronavirus infections continued to increase.S&P 500 Index futures expiring in June slid 0.9% as of 9:30 a.m. in London, after gaining 2.8% on Thursday. Contracts dropped 0.9% on the Nasdaq 100 Index and fell 1.1% on the Dow Jones Industrial Average. Global coronavirus infections surpassed 1 million, a milestone reached just four months after the first cases surfaced in China.In Europe, the Stoxx 600 Index was down 0.5%, weighed down by insurers and telecom shares. The euro-area economy is in a slump of unprecedented scale, with IHS Markit saying Friday its monthly measure of services and manufacturing points to an annualized economic contraction of about 10%."Sentiment in the market is still very fearful," said Dan Russo, chief market strategist at Chaikin Analytics. "The longer it takes to flatten the curve, the more prolonged the negative economic impact is likely to be, the longer it takes for businesses to get up and running again. Our base case remains that we are likely to retest the lows from last Monday."The underlying S&P 500 advanced 2.3% on Thursday, climbing for the first time in three days, with Chevron Corp and Exxon Mobil Corp. among the top gainers, after President Donald Trump said Russia and Saudi Arabia would cut production. Oil prices slid back below $25 a barrel after a record surge as doubts crept in about the deal.Consumer discretionary stocks weighed on the benchmark after jobl

RELATED ARTICLES
European stocks sink as pandemic hits business, oil prices grind higher (Yahoo Business)

NPR Topics: BusinessApr 03, 2020
The Coronavirus Small Business Loan Program: What You Need To Know
Congress has made $349 billion available in loans to small businesses, much of which may be forgivable. Here's what to know about how this might work for your small business.

FT.com - USApr 03, 2020
White House tried to force 3M to send masks from Singapore to US
Trump invokes wartime powers act again to deal with coronavirus equipment shortages

RELATED ARTICLES
Lacking beds, masks and doctors, Europe's health services struggle to cope with the coronavirus (CNBC Business)

MarketWatch MarketPulseApr 03, 2020
Eurozone services PMI skids to worst-ever 26.4 in March
The IHS Markit eurozone services purchasing managers index in March slumped to a reading of 26.4 from 52.6 in February, the worst-ever reading in the history of the series. Any level below 50 indicates contracting conditions, and the final reading was worse than the flash reading of 28.4. In Italy, the services PMI fell to 17.4 in March, plunging from 52.1 in February. "The data indicate that the eurozone economy is already contracting at an annualised rate approaching 10%, with worse inevitably to come in the near future," said Chris Williamson, chief business economist at IHS Markit.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



RELATED ARTICLES
H&M sees second-quarter loss as pandemic slams sales in March (Reuters Business)

Forbes HeadlinesApr 03, 2020
The Immersive Technology Companies Offering Support During The Coronavirus Crisis
The coronavirus pandemic has hit our global community hard, businesses are rallying round to help in any way they can. Here are some of the companies in the immersive sector that have pitched in.

RELATED ARTICLES
UPDATE 4-Airline industry braces for lengthy recovery from coronavirus crisis (Reuters Company News)

Reuters BusinessApr 03, 2020
Sweden's H&M sees second-quarter loss as pandemic slams March sales
H&M , the world's second-biggest clothing retailer, reported on Friday a 46% plunge in March sales as the coronavirus pandemic took its toll and said it expected to run a loss in its fiscal second quarter.

MarketWatchApr 03, 2020
Europe Markets: European stocks drop after grim PMI data as coronavirus cases hit 1 million world-wide
European stocks fell on Friday after grim eurozone purchasing manager data brought about by the deadly coronavirus pandemic that has now infected more than 1 million world-wide. U.S. stock futures also fell as investors braced for more grim jobs data.

MarketWatchApr 03, 2020
Steel billionaire Gupta shuffles reporting dates at GFG Alliance
In early March, several of GFG Alliance entities changed their financial year-ends from Mar. 31 to Jun. 30, according to filings with Companies House. This week, they changed the year-ends back again. It is unusual to do so twice in such quick succession.

FT.com - Financial MarketsApr 03, 2020
China's celebrity stock guru faces personal bear market
Famous share tipper tones down bullish outlook after coronavirus rout prompts backlash

Forbes HeadlinesApr 03, 2020
Arcadia Retail Billionaire Sir Philip Green Takes U.K. Government Money To Pay 14,000 Staff During Coronavirus Shutdown
The Arcadia retail group at the heart of billionaire Sir Philip Green's fortune has accepted U. K. "government support" to pay its entire shop staff during the coronavirus pandemic.

Private Equity Breaking NewsApr 03, 2020
CVC powers to $4.5bn hard cap in fifth Asia-Pacific private equity fundraise
CVC Capital Partners has hit the $4.5bn hard cap for the final close of its fifth private equity fund targeting the Asia-Pacific region. The buyout major breezed past its $4bn target for CVC Capital Partners Asia Pacific V, and easily outdid the $3.5bn it gathered for Asia Pacific Fund IV in 2014. CVC said the increased […]

CNBC BusinessApr 03, 2020
Coronavirus live updates: Spain's services industry records 'unprecedented' decline, survey shows
The IHS Markit Spain Services Purchasing Managers' Index — which measures activity in the industry — sank to a record low of 23.0 in March from 52.1 in February.

RELATED ARTICLES
GM delivered 461,716 units in Q1 in China, down 43.3% y/y (Reuters Company News)

Google Business NewsApr 03, 2020
Trump letter attacking Schumer is sent as President says 'this is not the time for politics' - CNN
Trump letter attacking Schumer is sent as President says 'this is not the time for politics'  CNNSchumer 'appalled' over Trump letter: 'Stop the pettiness' | TheHill  The HillCommander of confusion: Trump sows uncertainty and seeks to cast blame in coronavirus crisis  The Washington PostTrump Is Politicizing the Pandemic. Governors Can Fight Back.  The New York Times

Reuters Company NewsApr 03, 2020
China regulator condemns Luckin Coffee financial misconduct, says will investigate
China's securities regulator said on Friday it strongly condemns financial misconduct by Luckin Coffee.

CNBC BusinessApr 03, 2020
Demand for wills surges as coronavirus has 'focused people's minds' — here's where to start
The escalating coronavirus outbreak has cast a shadow of uncertainty over most aspects of daily life, prompting a surge in demand for wills and life insurance policies as people look to secure their futures.

Forbes HeadlinesApr 03, 2020
Google Publishes Location Data Across 130 Countries To Show How Coronavirus Lockdowns Are Working
The tech giant released anonymised location data for billions of users across 130 countries to help public health chiefs make better decisions about enforcing restrictions, it said.

Reuters BusinessApr 03, 2020
Sportswear maker Puma proposes suspending dividend due to virus
German sportswear maker Puma proposed on Friday to suspend its 2019 dividend given the impact of the coronavirus pandemic.

FT.com - Financial MarketsApr 03, 2020
Stock rally fades even as oil recovers to $30
Shares dip as new signs show how coronavirus is hitting region's economies

MarketWatch MarketPulseApr 03, 2020
Apple to keep U.S. stores closed until early May due to COVID-19: report
Apple Inc. plans to keep its U.S. stores closed until early May to help prevent coronavirus infections from spreading further, and remain flexible about working from home arrangements for staff, Bloomberg reported, citing a memo from employees. Apple Senior Vice President of Retail and People Deirdre O'Brien reportedly told staff that the company will keep monitoring local conditions for every location and make "reopening decisions on the basis of thorough, thoughtful reviews and the latest guidance from local governments and public health experts." MarketWatch could not immediately reach an Apple spokesperson for comment.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



Google Business NewsApr 03, 2020
The Virus Will Force Europe to Make a Decision About Italy - Bloomberg
The Virus Will Force Europe to Make a Decision About Italy  BloombergEuropean leaders warn coronavirus could lead to the breakup of their union  The Washington PostBerlin and Paris pitch competing solutions to 'corona bonds' conundrum  PoliticoItaly says EU has abandoned them during coronavirus pandemic  Washington Times

Reuters Company NewsApr 03, 2020
UPDATE 1-Google releases location data to show if coronavirus lockdowns working in 131 countries
* Link for Google data: https://www.google.com/covid19/mobility/

Forbes HeadlinesApr 03, 2020
KIA Heads To The Kitchen To Keep Car Folks Keyed In During Coronavirus
If your family is anything like mine, your kitchen is by far the busiest room in the house.

Reuters BusinessApr 03, 2020
Google releases location data to show if coronavirus lockdowns working in 131 countries
Alphabet Inc's Google on Thursday published reports for 131 countries showing whether visits to shops, parks and workplaces dropped in March, when many governments issued stay-at-home orders to rein the spread of the novel coronavirus.

Yahoo BusinessApr 03, 2020
As oil sinks, some companies float idea of 'zero clause' in trades
After the worst quarter for oil prices in history, some oil producers have begun to include protection in their contracts to avoid being forced to pay buyers for the oil they pump if prices slide below $0 a barrel. Crude prices in key physical markets - including the United States, Canada, Mexico and Europe - have fallen through $10 a barrel, far below comparable futures prices, as demand slumps and storage fills. Oil prices have been hammered by the collapse in demand after the coronavirus outbreak and the sudden end of an OPEC-led supply reduction pact.


Google Business NewsApr 03, 2020
Treasury Plans To Issue Stimulus Checks Soon, But Some Americans Could Wait Months - Forbes
Treasury Plans To Issue Stimulus Checks Soon, But Some Americans Could Wait Months  ForbesSome Americans could wait 20 weeks to receive stimulus checks, IRS tells House Democrats  CNNIRS reversal: Social Security recipients can automatically get stimulus checks without filing returns  Fox News

FT.com - USApr 03, 2020
Lifesaver or false protection: do face masks stop coronavirus?
Debate shifts in Europe and US over use of protective gear long employed in Asia

Forbes HeadlinesApr 03, 2020
World Of Celeb Rehab Moves To Social Media In Time Of COVID-19
If you consider the understanding of recovery treatment process, would there be special obstacles to treating a celebrity?

NYTimes BusinessApr 03, 2020
Small-Business Relief Effort ‘a Mess'
Live updates on stock market and business news during the coronavirus outbreak.

Google Business NewsApr 02, 2020
Should people wear masks to protect themselves from COVID-19? - KCRA Sacramento
Should people wear masks to protect themselves from COVID-19?  KCRA SacramentoCoronavirus: face masks may offer more protection than previously thought - BBC News  BBC NewsWearing Masks Must Be a National Policy  The New York TimesCoronavirus In Pittsburgh: Should Everyone Be Wearing Face Masks?  CBS PittsburghCDC to urge Americans to wear face masks in public during coronavirus pandemic  WCVB Channel 5 Boston

Google Business NewsApr 02, 2020
'The pandemic is like a punch in the mouth': Medicaid faces new challenges amid US coronavirus outbreak - USA TODAY
'The pandemic is like a punch in the mouth': Medicaid faces new challenges amid US coronavirus outbreak  USA TODAYTrump hints at using federal programs to provide coverage after Obamacare decision  POLITICOOur Health Insurance System Was Not Built for a Plague  SlateAmericans Can't Sign Up for Health Insurance During a Global Pandemic, Trump Decides  Vanity FairCoronavir

RELATED ARTICLES
Dispatches from a Pandemic: ‘Getting out of the water is not an option:' A long-distance swimmer's advice for enduring social isolation during the coronavirus pandemic (MarketWatch)

Google Business NewsApr 02, 2020
Federal small-business loan program faces rocky start as bankers pump the brakes - The Washington Post
Federal small-business loan program faces rocky start as bankers pump the brakes  The Washington PostWhite House says small business lending program will be running Friday, even as JPMorgan says it's not ready  CNBCSmall businesses will soon be able to apply for loans through Paycheck Protection Program  KTNV Channel 13 Las VegasSmall-Business Relief Effort ‘a Mess'  The New York Times

Yahoo BusinessApr 02, 2020
Asian Stocks Set to Open Higher; Oil Holds Surge: Markets Wrap
(Bloomberg) -- Asian stocks looked poised to open higher following a volatile session in the U.S., with oil producers well supported after President Donald Trump said Russia and Saudi Arabia would cut production.The S&P 500 closed up 2.3% with energy shares the best performers, while consumer discretionary stocks lagged after jobless claims doubled from last week to 6.6 million. Futures in Japan and Australia climbed and U.S. contracts opened little changed in Asia. Treasuries retreated amid a slew of corporate supply. West Texas crude remained around $25 a barrel after surging 22% on Thursday, though the advance was pared as officials from both sides watered down expectations. The dollar pushed higher and yen and euro fell.With the coronavirus now infecting 1 million people and lockdowns for many economies around the world expected to go on for longer, economic data are showing the severity of the impact. Nearly 10 million people in the U.S. have lost their jobs in the past two weeks, more than were lost during the whole 2008-09 recession."We are not going to have the real recovery in the market until what we think is the peak in the amount of infections and deaths," Stephen Dover, head of equities at Franklin Templeton, said on Bloomberg TV. "We are going to continue to have very wide volatility until we can get over this uncertainty."These are the main moves in markets:StocksFutures on the S&P 500 were little changed as of 7:09 a.m. in Tokyo. The gauge ose 2.3% on Thursday.Futures on Japan's Ni

USA Today MoneyApr 02, 2020
There are 1 million coronavirus cases worldwide. But there are probably many more people who have the disease.
Officially, the world has surpassed 1 million confirmed coronavirus cases. In reality, we likely passed that number a long time ago. Here's why.       

Google Business NewsApr 02, 2020
5 things to know about California unemployment claims - KCRA Sacramento
5 things to know about California unemployment claims  KCRA SacramentoUnemployment claims spiked to new record last week, with 6.6M Americans filing for aid  Fox BusinessYou've just lost your job? Here's what you need to know.  Boston.comUS unemployment soars to record high of more than 6.6 million people  FRANCE 24 EnglishCoronavirus: Ca

SEC.gov Updates: News DigestApr 02, 2020
4 - CROSBY MICHAEL (0001663879) (Reporting)
2020-04-02 0001209191-20-022902 5 KB

RELATED ARTICLES
4 - BELL BRADLEY J (0001190859) (Reporting) (SEC.gov Updates: News Digest)

Google Business NewsApr 02, 2020
Oil futures pare record gains as doubts creep in on Trump's Saudi-Russia output deal - CNBC
Oil futures pare record gains as doubts creep in on Trump's Saudi-Russia output deal  CNBCOil Deal? - Trump Expects Saudis, Russia Will Cut Oil Production  Bloomberg Markets and FinanceUS oil posts biggest jump ever on hopes for output cuts Reuters  msnNOWTrump's 10 Million Barrel Tweet Is Performance Art  BloombergStocks soar on oil's record gain as Trump expects Russia, Saudi Arabia to cut output  Fox Business

RELATED ARTICLES
Oil Drifts Lower After Record Jump Amid Doubts Over Output Deal (Yahoo Business)

Google Business NewsApr 02, 2020
'Really overwhelmed': Americans are facing mounting issues filing for unemployment during COVID-19 crisis - USA TODAY
'Really overwhelmed': Americans are facing mounting issues filing for unemployment during COVID-19 crisis  USA TODAYUnemployment claims spiked to new record last week, with 6.6M Americans filing for aid  Fox Business6.6 million file for unemployment: Historic job losses in the US | ABC News  ABC NewsUnemployment claims go through the roof — but the sky isn't falling (yet) | TheHill  The Hill

Reuters Company NewsApr 02, 2020
Vietnam's Dung Quat oil refinery cuts output on virus-hit demand
Vietnam's Dung Quat oil refinery plans to cut output because of weaker domestic fuel demand caused by the coronavirus oubreak, the facility's operator said on Friday.

Reuters BusinessApr 02, 2020
Healthcare stocks show their defensive allure in ailing market
The coronavirus pandemic is throwing a spotlight on stocks in the U.S. healthcare sector, home to the companies that could develop treatments, vaccines and improved diagnostics needed to tackle the greatest public health crisis in a century.

RELATED ARTICLES
Retail Stock Market Caps Are Collapsing Right Before Our Eyes Because Of Coronavirus (Forbes Headlines)

Google Business NewsApr 02, 2020
Trump doubles down on claim of Saudi, Russian oil cuts - MarketWatch
Trump doubles down on claim of Saudi, Russian oil cuts  MarketWatchOil Deal? - Trump Expects Saudis, Russia Will Cut Oil Production  Bloomberg Markets and FinanceStocks soar on oil's record gain as Trump expects Russia, Saudi Arabia to cut output  Fox BusinessTrump's 10 Million Barrel Tweet Is Performance Art  BloombergUS oil posts biggest jump ever on hopes for output cuts Reuters  msnNOW

Private Equity Breaking NewsApr 02, 2020
US, Australia-based Seidler strikes $800m hard cap for seventh flagship buyout fundraise
US and Australia-based Seidler Equity Partners has hauled in $800m for its seventh flagship private equity fund to reach a hard cap close for the vehicle.

Reuters BusinessApr 02, 2020
Boeing to temporarily suspend Philadelphia area operations amid coronavirus outbreak
Boeing Co said on Thursday it will temporarily suspend production at facilities in Ridley Township, Pennsylvania, amid the ongoing coronavirus pandemic, adding that the suspension will last two weeks, with work to resume on April 20.

Reuters BusinessApr 02, 2020
Dollar strength consolidates as global recession looms
The dollar edged toward an almost 2% weekly rise on Friday, boosted by a surge in the oil price and as investors sought safety amid the worsening economic fallout from the coronavirus pandemic.

CNBC BusinessApr 02, 2020
Larry Culp on GE Aviation's coronavirus furlough: 'There will be another side'
"We're doing all that we can to support our customers at this time of rapid change and uncertainty," General Electric CEO Larry Culp said after temporary cuts were made in its aviation business.

Reuters BusinessApr 02, 2020
Oil jump lifts Wall Street as jobless claims data surges
U.S. stocks rallied on Thursday as hopes for a truce in the price war between Saudi Arabia and Russia and a cut in oil output drove gains, taking some sting out of a shocking jump in Americans filing jobless claims due to coronavirus-led lockdowns.

Wall Street Journal US BusinessApr 02, 2020
Luckin Coffee Accuses Operating Chief of Financial Misconduct
Luckin Coffee said it has evidence of financial misconduct involving its chief operating officer and several of his subordinates, including $310 million worth of fake transactions.

RELATED ARTICLES
Luckin Coffee shares sink after COO accused of financial misconduct (Reuters Business)

Yahoo BusinessApr 02, 2020
Trump says 3M 'will have a big price to pay' over face masks
President Donald Trump slammed 3M Co in a tweet late on Thursday after earlier announcing he was invoking the Defense Production Act to get the company to produce face masks. At a White House briefing on the coronavirus pandemic earlier on Thursday, Trump announced he had signed a Defense Production Act order for 3M to produce face masks.


MarketWatchApr 02, 2020
Key Words: Cuomo on whether New Yorkers should wear bandanas or DIY face masks: ‘It couldn't hurt. It's not exactly fashion forward'
‘It could help if someone has the virus,' Gov. Cuomo told CNN's Anderson Cooper.

Reuters Company NewsApr 02, 2020
UPDATE 8-Americans urged to wear masks outside as coronavirus pandemic worsens
The Trump administration on Thursday looked set to join local officials in advising Americans to wear masks when venturing out during the still-exploding coronavirus pandemic, as the U.S. death toll rose by 1,000 in a single day for the first time.

RELATED ARTICLES
CDC is expected to tell Americans to wear cloth masks, save medical masks for health workers - TechCrunch (Google Business News)

CNBC BusinessApr 02, 2020
The White House is watching these next coronavirus 'hot spots' to follow New York and New Jersey
Some 35% of all coronavirus tests administered in New York and New Jersey have been positive, indicating a serious outbreak in both states.

Google Business NewsApr 02, 2020
Small Business Administration Releases Guidelines For Stimulus Loans Hours Before Planned Launch. Banks Aren't Ready. - Forbes
Small Business Administration Releases Guidelines For Stimulus Loans Hours Before Planned Launch. Banks Aren't Ready.  ForbesView Full Coverage on Google News

MarketWatch MarketPulseApr 02, 2020
Etsy touts sales, liquidity amid coronavirus wreckage
Etsy Inc. said Thursday that its first-quarter consolidated gross merchandise sales hit $1.4 billion, up 32% year-on-year. That is in line with expectations of analysts polled by FactSet. In what the online marketplace dubbed a "fireside chat" with management, Etsy said it has "high-quality capital" on its balance sheet and is in a "very strong financial position" to weather the slowdown brought by the coronavirus pandemic. As of Dec. 31, the company had more than $800 million in cash and short-term investments. None of its debt is due before 2023 and the company has a credit line of about $200 million currently untapped, it said. Shares of Etsy see-sawed between gains and losses in the extended session after ending the regular session down 1.8%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



SHRM HR NewsApr 02, 2020
These Companies Put Employees First During Pandemic
Companies across the country are boosting pay for front-line workers, continuing to pay those who are unable to work because of COVID-19, and offering other assistance to employees who are impacted by the coronavirus pandemic.

Yahoo BusinessApr 02, 2020
Tesla Is 'Crushing The Auto Industry', Munster Says, As Company Posts Q1 Delivery Figures
Loup Ventures Managing Partner Gene Munster on Thursday said Tesla Inc. (NASDAQ: TSLA) "is crushing the auto industry," generating significantly higher demand than its competitors.What Happened Tesla earlier in the day reported 88,400 deliveries and 102,672 total production in the first quarter this year, beating analyst estimates.Munster noted that Tesla's delivery numbers are up 40% year-on-year in the first quarter, at a time when the overall United States auto industry numbers are down 29%."Tesla is winning because they have a product that is measurably better than both gas and electric competitors," the former research analyst said.What's Next The electric vehicles maker didn't update its guidance for the deliveries for the entire financial year 2020, over the previous one of 500,000 deliveries. It also didn't give an estimate of its expectations for the second quarter.Loup Ventures would give their estimate for the second quarter when there's better clarity surrounding the novel coronavirus (COVID-19) pandemic.Munster reiterated his earlier stance that during the pandemic, Tesla's performance relative to other automakers matters more than its performance on absolute terms.According to him, Tesla will continue to beat other automaker delivery results by 15% to 25% in the rest of the three quarters this year, even as things get more difficult for the overall industry.If the pandemic's impact is eased by October, Tesla will see a "dramatic bounce back" in

Reuters Company NewsApr 02, 2020
Dave & Buster's explores stake sale to buyout firms-sources
Dave & Buster's Entertainment Inc is in talks with private equity firms about a potential stake sale, after the coronavirus forced the U.S. restaurant and arcade chain to shut its venues, people familiar with the matter said on Thursday.

Yahoo BusinessApr 02, 2020
Boeing Sees Thousands of Workers Exiting Amid Travel Market Rout
(Bloomberg) -- Boeing Co. expects several thousand workers to retire or accept a buyout offer as the planemaker races to shrink its operations amid a historic unraveling of global travel from the coronavirus pandemic, said a person familiar with the company's plans.The manufacturer will start by offering the exit package in the U.S., while selectively hiring for critical programs such as defense and space, said the person, who asked not to be named because the discussions are confidential. Boeing is also weighing a production cut for wide-body jets as demand falls, although no changes have been made as yet, the person said.Chief Executive Officer Dave Calhoun is walking a fine line by downsizing at a time when Boeing is considering whether to tap billions of dollars in federal aid to bolster cash reserves. Layoffs would give the planemaker more control over how it lowers the cost of its 161,000-strong workforce, but at the risk of stirring up a backlash from its critics in Washington."They need to cut costs with payroll, but they need to maximize leverage with headcount," aviation consultant Richard Aboulafia said of the tug-of-war between Boeing's cost-cutting news and its political interests. "My biggest concern is that when you have an announcement like this, it's often the experienced engineers and designers who leave."$60 Billion BailoutVoluntary buyouts keep the government-assistance option viable, should Calhoun ultimately choose to pursue it. He has blanched at the potential strings a

CNBC FinanceApr 02, 2020
Stocks making the biggest moves after hours: Tesla, Dave & Buster's, Chewy and more
Check out the companies making headlines after the bell.

RELATED ARTICLES
Tesla stock jumps 17% after company's Q1 sales inch closer to Wall Street hopes (MarketWatch)

Forbes HeadlinesApr 02, 2020
Tips For Working Mothers Managing Adult ADHD At Home During The Pandemic
The largest (and most unprecedented) surge in ADHD diagnoses was reported among girls and adult women — moms, to be exact.

Reuters Company NewsApr 02, 2020
Oprah Winfrey donates $10 million for coronavirus relief
Oprah Winfrey said on Thursday she was donating $10 million to coronavirus relief efforts, including a new venture to help get food to vulnerable Americans during the coronavirus epidemic.

Accounting TodayApr 02, 2020
Generational Viewpoints: Top tips for working from home
NextGen veterans of remote work share their success strategies.

RELATED ARTICLES
7 Zoom tips for working from home (Enterprise Application News)

Forbes Social Media NewsMar 26, 2020
WHO Teams With Social Media Giants To Develop Software Combating Coronavirus Issues
The World Health Organization huddled up with social media and software companies this week to fire up an initiative developing software to take on the current and potential threats related to the Coronavirus.
TRENDING TAGS
Coronaviruspandemic masks York cases Trump
OilTrump deal stocks Saudi-Russia price
TrumpOil coronavirus deal masks Saudi-Russia
COVID-19Amid Crisis pandemic During Should
Pandemiccoronavirus during amid will How
Stockoil market global higher jobless
businessProgram loans Banks Coronavirus Friday
maskscoronavirus Trump wear face Americans
CrisisCoronavirus Covid-19 During industry braces
MarchStock Coronavirus record sales Fell

NEWS SOURCES
Top News (Business News)
Accounting Today
AdWeek News
Banking Business Review
Barron's This Week Magazine
Barron's Up and Down Wall Street Daily
Brad Ideas
Chicago Tribune Business News
CNBC Business
CNBC Economy
CNBC Finance
CNN/Money
CNN/Money Real Estate News
Dismal.com: Analysis
Dismal.com: Indicators
Enterprise Application News
Entrepreneur.com
Forbes Headlines
Forbes Social Media News
FT.com - China, Economy & Trade
FT.com - Financial Markets
FT.com - Hedge Funds
FT.com - Telecoms
FT.com - US
Google Business News
Google Market News
HBS Working Knowledge
Inc.com
INSEAD Knowledge
International Tax Review
Kiplinger
Knowledge@Wharton
L.S. Starrett News
MarketWatch
MarketWatch Breaking News
MarketWatch MarketPulse
McKinsey Quarterly
MSNBC.com: Business
Nielsen Trends
NonProfit Times
NPR Topics: Business
NYTimes Business
OpinionJournal.com
Private Equity Breaking News
Reuters Business
Reuters Company News
Reuters Money
SEC.gov Updates: News Digest
SHRM HR News
Tax Policy News
The Economist International News
The Motley Fool
USA Today Money
Wall Street Journal US Business
Wall Street Transcript
Washington Post Business
WSJ Asia
WSJ Europe
WSJ MoneyBeat
WSJ Opinion
WSJ US News
WSJ World Markets
Yahoo Business
  • CEOExpress
  • 1 Boston Place | Suite 2600
    Boston MA 02108
  • 617 482 1200
    617 299 8649 (fax)
  • Contact
  • As an Amazon Associate
    CEOExpress earns from
    qualifying purchases.

©1999-2020 CEOExpress Company LLC