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U.S. lawmakers introduce bill to fund oil purchase for emergency reserve

Tue, Apr 07, 2020

A bipartisan group of U.S. lawmakers introduced a bill on Tuesday providing $3 billion to buy oil for the national emergency reserve as a way to help energy companies hit by the plunge in crude prices....

Coronavirus — Why today's new work paradigm offers employees game-changing opportunities

Tue, Apr 07, 2020

I’m constantly encouraged by the resilience of people....

Bernanke sees bad year over coronavirus, no quick recovery

Tue, Apr 07, 2020

Bernanke believes it could be a couple years before the economy regains its footing....

Stock market looks beyond coronavirus

Tue, Apr 07, 2020

A slowdown in the spread of COVID-19 is necessary before stocks can recover from a bruising selloff, Wall Street says....

Stocks give up gains on oil's sharp reversal

Tue, Apr 07, 2020

COVID-19 showed signs of slowing in some of the hardest-hit areas giving investors hope....

Oil tanks ahead of OPEC's emergency meeting

Tue, Apr 07, 2020

Oil prices plunged Tuesday amid growing concerns about further supply and demand imbalances....

Employers posted solid job openings before coronavirus shutdowns

Tue, Apr 07, 2020

Job postings have likely plummeted since February and layoffs have soared....

Macy's finance chief Paula Price to step down in May

Tue, Apr 07, 2020

Department store chain operator Macy’s Inc said on Tuesday Chief Financial Officer Paula Price would step down from the role next month after nearly two years on the job....

Investors should look at companies with these traits: El-Erian

Tue, Apr 07, 2020

Mohamed El-Erian says investors should look for companies with strong balance sheets, lots of cash and positive cash generation....

WeWork sues SoftBank after tender offer falls through

Tue, Apr 07, 2020

The We Company has filed a lawsuit against its largest shareholder SoftBank Group, challenging its decision to terminate a $3-billion tender offer....

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