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Lufthansa plans to resume flights to destinations including Los Angeles, Toronto and Mumbai next month as it begins to restore some of the capacity grounded by the coronavirus crisis, the German airline group said on Thursday.

The coronavirus crisis drove a dramatic weakening in American households' finances as millions of people lost work or had their hours or pay reduced, with low-wage workers taking the biggest hit, according to a report released by the Federal Reserve on Thursday.

The U.S. Securities and Exchange Commission said on Thursday it has charged two companies and a chief executive officer with making misleading claims related to COVID-19, the disease caused by the novel coronavirus.

The possibility that Uber Technologies Inc , which runs Uber Eats, could acquire Grubhub Inc is reigniting some restaurants' worries over the commissions charged to eateries by the third-party delivery companies.

The novel coronavirus crisis continues to pummel the U.S. labor market, with the number of Americans filing for unemployment benefits falling less than expected last week, suggesting a second wave of layoffs in industries and jobs not initially impacted by business closures caused by the pandemic.

Wall Street's main indexes were lower in choppy trading on Thursday, as renewed worries about Sino-U.S. trade relations added to fears of an extended economic downturn due to the virus outbreak.

World stock markets fell for a third day on Thursday and safe-haven bonds rose as disappointing U.S. jobs data and signals by central banks that further government stimulus may be needed stoked investor worries about the global economic recovery.

A near decade-long battle to clear his name has ended in victory, but the star rainmaker credited with playing a pivotal role in saving one of Britain's biggest banks from a government bailout in 2008 is still waiting to put his life back on track.

U.S. President Donald Trump said on Thursday he was very disappointed in China over its failure to contain the novel coronavirus, and that the worldwide pandemic had cast a pall over his trade deal with Beijing.

Wall Street's main indexes were lower in choppy trading on Thursday, as renewed worries about Sino-U.S. trade relations added to fears of an extended economic downturn due to the virus outbreak.

Most of Ford Motor Co's U.S. dealers received payroll protection loans from the U.S. government amid the coronavirus pandemic, the automaker's chief operating officer said on Thursday.

The coronavirus crisis led to dramatic changes in Americans' finances as millions of workers faced layoffs or other cutbacks in their jobs, with low-wage workers taking the biggest hit, according to a report released by the Federal Reserve on Thursday.

Amazon Inc 's video game live-streaming platform Twitch is forming an advisory council of experienced users, online safety experts and anti-bullying advocates to help improve safety on the site, Twitch said in a blog post on Thursday.

IKEA's shopping malls business, one of the world's biggest, is looking to enter the United States in the next couple of years and is in talks to snap up central properties in major cities, its boss told Reuters.

McDonald's Corp has asked its U.S. franchisees to make a series of changes in restaurants before reopening to diners in an effort avoid the spread of the new coronavirus, the Wall Street Journal reported on Thursday.

German flagship carrier Lufthansa on Thursday said it would be offering 1,800 round trips a week to more than 130 destinations by the end of June as airlines tentatively begin restoring capacity.

Renault is preparing to substantially reduce its vehicle range, withdrawing well-known but ailing models like the Espace minivans, as part of looming cost cutting plans, four sources in the industry and close to the French carmaker said.

Planemaker Airbus has told senior staff the company must be "resized" in plans to be set out around end-June and is ready to cut jet production again to tackle any second wave of the coronavirus crisis, people briefed on the matter said.

The novel coronavirus crisis continues to pummel the U.S. labor market, with the number of Americans filing for unemployment benefits falling less than expected last week, suggesting a second wave of layoffs in industries and jobs not initially impacted by business closures caused by the pandemic.

President Donald Trump threatened on Thursday to impose new taxes on American companies that produce goods outside the United States, another move his administration could make to push supply chains away from China and raise new trade barriers.