 | | | | Judith Ramirez received a letter this month that she'd been dreading: The Honolulu hotel that furloughed her from a housekeeping job in March, during the lockdown triggered by the coronavirus pandemic, made her layoff permanent. | | |
| | | Major oil industry producers and traders are forecasting a bleak future for worldwide fuel demand, due to the coronavirus pandemic's ongoing assault on the global economy. | | |
| | | Apple Inc will broadcast an event from its Cupertino, California campus on Tuesday where analysts expect it to show updated Apple Watches, iPads and other devices while reserving an iPhone launch for next month. | | |
| | | The dollar weakened and world stock markets rose on Monday on encouraging signs of progress in developing a COVID-19 vaccine, while several multi-billion dollar deals also help lift the spirit of investors after last week's downdraft. | | |
| | | U.S. stocks were up more than 1% on Monday afternoon as signs of progress in developing a COVID-19 vaccine and a spurt of multibillion-dollar deals lifted investor optimism. | | |
| | | Federal regulators are preparing to reprimand Citigroup Inc for failing to improve its risk-management systems, the Wall Street Journal reported https://on.wsj.com/3mvwLES on Monday. | | |
| | | Delta Air Lines said on Monday it is seeking to raise $6.5 billion through new bonds and loans backed by its SkyMiles loyalty program, further bolstering liquidity to weather a drastic downturn in travel demand due to the COVID-19 pandemic. | | |
| | | Citigroup Inc Chief Financial Officer Mark Mason said on Monday the bank was accelerating investments in its risk and control functions following a high-profile $900 million operational error. | | |
| | | JPMorgan Chase & Co Chief Executive Jamie Dimon said the economic recovery from the coronavirus recession could be derailed by a lack of additional economic stimulus, the election and a second wave of infections. | | |
| | | Oil prices slipped slightly on Monday amid concerns about a stalled global economic recovery and with Libya poised to resume production, and failed to get support from an impending storm which has disrupted U.S. output. | | |
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