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Updated: 4 years 29 weeks ago
JPMorgan says it resolved outage in trading platform last week
JPMorgan Chase & Co said on Monday it had resolved an outage experienced on Thursday in its U.S. electronic trading platform on the same evening.
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Coronavirus: First test of a U.S. financial system 10 years in repair
A health emergency dismissed at first as a fleeting risk to the U.S. economy has turned into a full-on test of whether a decade of planning, regulation, research and soul-searching has left the financial system resilient to a major shock and its central bank able to mount a rescue.
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Factbox: History of extended New York Stock Exchange market closings
With state and local governments across the United States taking steps to contain the coronavirus spread, including requiring the closing of schools, restaurants and other meeting places, questions have begun to swirl on whether stock markets will shutter.
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UK's Johnson: Northern Ireland as well protected from virus as Ireland
British Prime Minister Boris Johnson said on Monday that people in Northern Ireland were being as well protected from the coronavirus outbreak as people just across the border in the Republic of Ireland, which has adopted more stringent measures.
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UK PM Johnson describes coronavirus measures as most far-reaching in peacetime
British Prime Minister Boris Johnson said that the government has announced the most far-reaching measures the population has experienced in peacetime to slow the spread of coronavirus.
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Carrefour mounts shields for French cashiers in coronavirus crisis
Carrefour began putting up protective barriers for cashiers in its French supermarkets on Monday, as it beefs up sanitary measures and looks to keep business flowing as France shuts down other sectors to fight the coronavirus outbreak.
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U.S. airlines seek $50 billion government bailout after coronavirus outbreak
Major U.S. airlines sought a government bailout of more than $50 billion as the White House is urgently drafting a financial assistance package in the wake of the steep falloff in U.S. travel demand sparked by the coronavirus pandemic.
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Amazon to hire 100,000 workers as online orders surge on virus worries
Amazon.com Inc said on Monday it would hire 100,000 warehouse and delivery workers in the United States to tackle a surge in online orders, as consumers shop heavily fearing the spread of the coronavirus outbreak.
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Hedge fund Bridgewater places $15 billion in bets against Europe and UK
Hedge fund behemoth Bridgewater has shown its hand in Europe with roughly $15 billion in bets against companies on the continent and in Great Britain, filings reviewed by Reuters show.
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Goldman Sachs lets customers delay March payments on loans, credit cards
Goldman Sachs Group Inc told customers of its online bank, Marcus, and its Apple credit card on Monday that they can take an extra month to make payments, with no penalty or additional interest, if they are financially stretched due to the coronavirus.
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Markets tumble as big Fed move fails to quell virus fears
Markets reeled on Monday, with stocks on Wall Street and the price of Brent crude tumbling more than 10%, as the Federal Reserve's second emergency rate cut in as many weeks failed to calm fears of a coronavirus-induced recession.
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After Trump boasts about rally, Wall Street tanks again
Less than 48 hours after U.S. President Donald Trump bragged about his soothing influence on the stock market, Wall Street tanked again.
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Google parent Alphabet shared YouTube revenue after U.S. SEC request
Alphabet Inc began disclosing revenue for its YouTube video service this year after U.S. securities regulators asked the Google parent to give more "quantitative and qualitative" data on the business, according to filings released Monday.
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Lockheed Martin's Marillyn Hewson to step down as CEO
Lockheed Martin Corp said on Monday company veteran Marillyn Hewson will step down as chief executive officer, and tapped board member and American Tower Corp boss James Taiclet as her replacement.
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U.S. car buyers may get a break on loans as coronavirus threatens auto sales
Several automakers on Monday said U.S. buyers of new vehicles will have the option to defer their payments and customers with existing car loans could ask for payment rescheduling if impacted by shutdowns due to the spread of coronavirus.
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Developing nations may lose up to 85% of oil and gas income this year: IEA, OPEC
Developing nations' oil and gas income will fall by 50% to 85% this year to a more than two-decade low if current market conditions persist, the International Energy Agency and OPEC said in a rare joint statement on Monday, citing recent IEA analysis.
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U.S. gasoline refining margins settle at lowest since December 2008
U.S. gasoline refining margins fell to the lowest since December 2008 on Monday, as the spread of coronavirus intensified in the United States, disrupting daily life for Americans who have been told to stay indoors and off the road.
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Wall Street sinks as Fed's shock cut increases worries over virus spread
U.S. stocks fell sharply on Monday as the Federal Reserve's drastic move to cut interest rates to near zero fueled anxiety over the extent of economic damage from the coronavirus pandemic.
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U.S. shale oil output to rise to record 9.08 million barrels per day in April - EIA
U.S. oil output growth from the Permian basin is expected to offset declines in every other shale formation in April, helping push overall production up by about 18,000 barrels per day (bpd) to a record 9.08 million bpd, data showed on Monday.
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Exclusive: U.S. airports seek $10 billion in government assistance over travel demand collapse - sources
U..S. airports are seeking $10 billion in U.S. government assistance to help offset losses incurred by the sharp drop in travel due to coronavirus, two people briefed on the matter said.
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