S&P 500 stock futures tumble after Fed slashes rates

By Lewis Krauskopf NEW YORK (Reuters) – U.S. stock index futures tumbled to open trading on…

Under water? Banks play home loan lottery as insurers bail out

By Swati Pandey, Carolyn Cohn and Simon Jessop SYDNEY/LONDON (Reuters) – Only a year after losing…

Germany tries to halt U.S. interest in firm working on coronavirus vaccine

By Paul Carrel and Andreas Rinke BERLIN (Reuters) – Berlin is trying to stop Washington from…

Goldman cuts U.S. growth forecast for first and second quarter due to coronavirus

NEW YORK (Reuters) – Goldman Sachs Group Inc <GS.N> has downgraded its U.S. growth forecast for…

Automakers, union form joint task force to limit coronavirus outbreak

(Reuters) – Automakers General Motors <GM.N>, Ford Motor Co <F.N> and Fiat Chrysler Automobiles (FCA) <FCAU.N>…

Factories shift operations in scramble to restock supermarket shelves

By Melissa Fares and Lisa Baertlein NEW YORK/LOS ANGELES (Reuters) – With supermarkets stripped of food…

Volkswagen says preparing to suspend production at Bratislava plant

BRATISLAVA (Reuters) – Volkswagen <VOWG_p.DE> is preparing to suspend operations at its manufacturing plant in Bratislava,…

Oil giants set health checks for critical staff, work-from-home rules

By Erwin Seba and Gary McWilliams HOUSTON (Reuters) – Major energy companies in the United States…

Investors prepare for more market swings as virus spreads in the U.S.

By Kate Duguid (Reuters) – With one of Wall Street’s wildest weeks in recent memory now…

LVMH to make disinfectant gels to aid French coronavirus fight

PARIS (Reuters) – Louis Vuitton owner LVMH <LVMH.PA> said on Sunday that its cosmetics unit would…

Kraft Heinz ask employees to work from home; provide travel restriction

(Reuters) – Kraft Heinz Co <KHC.O> said on Sunday it has asked office employees to work…

Haven assets losing their mojo in virus-stricken market

By Saqib Iqbal Ahmed and April Joyner NEW YORK (Reuters) – A rush to safety amid…