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The U.S. Federal Reserve on Thursday widened a key program to nurse the "Main Street" economy through the coronavirus pandemic, agreeing to lend to even larger firms, taking on more risk in participation with banks, and hinting at some form of dedicated help for non-profits.

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.

American Airlines on Thursday posted a $2.2 billion net loss, its first quarterly loss since emerging from bankruptcy in 2013, and warned of a roughly $70 million per day cash burn in the second quarter as the coronavirus pandemic halts travel.

JPMorgan Chase & Co said on Wednesday that it had submitted roughly 220,000 applications worth $17.8 billion to the Small Business Administration's Paycheck Protection Program to help small businesses hurt by the coronavirus shutdown.

Goldman Sachs Group Inc said on Thursday that 71% of shareholders voted to approve the bank's executive pay packages, according to preliminary tallies.

Comcast Corp on Thursday reported first-quarter revenue that fell shy of Wall Street's estimate, and shares dropped more than 4% as the company warned that the coronavirus will hurt advertising, theme parks and films in the second quarter.

Nissan will restart phased production in early June at its northern English Sunderland factory, Britain's biggest car plant, as the sector tries to resume operations amid the coronavirus outbreak.

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.

The S&P 500 and Dow Jones indexes dipped on Thursday as a grim U.S. jobless claims report took the shine off a strong month for stock markets globally, but encouraging quarterly earnings reports from Facebook and Tesla supported the Nasdaq.

The U.S. economy may be able to weather the hit from the coronavirus with the stimulative policies already in the pipeline without the need for more measures to spur activity, a White House adviser said on Thursday.

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.