Reuters

Macy's Inc plans to reopen 68 U.S. stores on Monday in states that have loosened coronavirus lockdowns, the department store operator said on Thursday, as more retailers sought to get business going after a crushing month of closures.

Oil prices jumped for a second day on Thursday, lifted by signs the U.S. crude glut is not growing as quickly as expected and clawing back ground at the end of a month of tumbles wrought by coronavirus fears that caused futures to plumb two-decade lows.

The U.S. Federal Reserve on Thursday said it was expanding the scope and eligibility of its soon-to-launch "Main Street Lending Program" to reach a greater range of small- and medium-sized businesses seeking emergency financing to weather the disruption caused by the coronavirus pandemic.

Luxury carmaker Ferrari said on Thursday it would restart operations at its Maranello and Modena plants on May 4, when Italy is set to start lifting lockdown measures.

Renault PA> has put one of its historic buildings up for sale in Boulogne-Billancourt, the birthplace of the carmaker, to cut costs, three sources close to the company told Reuters.

Comcast Corp on Thursday reported first quarter revenue that fell shy of Wall Street's estimate, and warned of a weaker second quarter as a result of the coronavirus impact on advertising, theme parks, and films.

Twitter Inc on Thursday reported higher first-quarter revenue and a smaller loss than analysts had expected, but its shares fell as investors fretted about potential weakness in the second quarter.

World stocks suffered a slip on their way to record monthly gains on Thursday, as the European Central Bank held back from providing another instant hit of stimulus and millions more Americans filed unemployment claims.

Wall Street opened lower on Thursday at the end of a strong month for stock markets globally, as millions more applied for jobless claims in the United States, overshadowing upbeat results from Facebook and Tesla.

Goldman Sachs Group Inc said Thursday at its annual shareholder meeting that 71% of votes were cast in favor of the bank's executive compensation policies for 2019, in preliminary tallies.

Wall Street's main indexes were set to open lower on Thursday at the end of a strong month for stock markets globally as a grim U.S. jobless claims report overshadowed upbeat results from Facebook and Tesla.

Thai Airways International PCL plans to seek a 58.1 billion baht ($1.80 billion) emergency loan to maintain liquidity and see it through a coronavirus-induced drop in demand, showed a document from the airline detailing the plan.

Pilots at Lufthansa are ready to sacrifice up to 45% of their salaries for more than two years to help cut costs, their union Cockpit said on Thursday, as the airline struggles with the impact of the coronavirus pandemic.

Oil prices jumped on Thursday, lifted by signs the U.S. crude glut is not growing as quickly as expected and indications of a rise in fuel demand that has been crushed by the coronavirus.

Wall Street brokerages gave a resounding thumbs-up to Tesla Inc's first-quarter numbers on Thursday, lauding the electric carmaker's improved gross margins and sending its shares 8% higher in trading before the opening bell.

Nissan Motor Co's vehicle sales in China this month almost recovered to the prior year's level after a coronavirus-related 45% plunge in March, two sources with knowledge of the Japanese automaker's preliminary data said.

Millions more Americans filed claims for unemployment benefits last week, suggesting that layoffs were spreading to industries that were not initially directly impacted by business closures and disruptions related to the coronavirus.

JPMorgan Chase & Co said in an email to small business clients late on Wednesday that it had submitted roughly 220,000 applications this week to the Small Business Administration for the Paycheck Protection Program.

Thyssenkrupp has secured about 1 billion euros ($1.1 billion) of state aid to tide it over until it receives the money from the sale of its elevator division, two sources said on Thursday, the latest German company to tap government funding.

Breakfast cereal maker Kellogg Co on Thursday reported a 23% rise in quarterly profit as consumers in North America and Europe stocked up on its packaged foods amid coronavirus-driven lockdowns.