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The U.S. House of Representatives on Thursday approved legislation increasing the amount of time, to 24 weeks from the current eight weeks, for small businesses to use Paycheck Protection Program (PPP) loans spurred by the coronavirus outbreak.

More than 3,000 U.S. meatpacking workers have tested positive for COVID-19 and at least 44 workers have died, the country's largest meatpacking union said on Thursday, reflecting an increasing toll on plant employees.

Last month Zagg Inc, a Utah-based company that makes mobile device accessories, received more than $9.4 million in cash from a U.S. government program that has provided emergency loans to millions of businesses hit by the coronavirus.

If U.S. President Donald Trump goes ahead with his threat to close Twitter, the micro-blogging site can always relocate to Germany.

Volkswagen said on Thursday its supervisory board had approved several projects in a multibillion-dollar alliance with Ford Motor that was first announced last July.

The U.S. House of Representatives on Thursday overwhelmingly approved legislation increasing the amount of time, to 24 weeks from the current eight-week deadline, for small businesses to use Paycheck Protection Program loans spurred by the coronavirus outbreak.

America's top dollar store chains beat profit estimates on Thursday and said they would benefit from demand for affordable groceries and household essentials in coming months as rising unemployment threatens to spur a deep recession.

Germany's biggest labor union criticized Volkswagen on Thursday for a recent advert deemed racist and other "errors", saying management had damaged the carmaker's reputation and put jobs at risk.

Amazon.com Inc plans to offer permanent jobs to about 70% of the U.S. workforce it has hired temporarily to meet consumer demand during the coronavirus pandemic, the company told Reuters on Thursday.

The number of Americans seeking jobless benefits fell for an eighth straight week last week, likely as some people returned to work, but claims remained at astonishingly high levels, suggesting it could take the economy a while to rebound as businesses reopen.

Volkswagen said on Thursday its supervisory board had approved further projects in its alliance with Ford .

Oil futures rose on Thursday, erasing earlier losses, on signs U.S. gasoline demand is rising despite a big surprise build in crude inventories and worries that China's new Hong Kong security law could result in trade sanctions.

Nissan Motor Co outlined a new plan on Thursday to become a smaller, more efficient carmaker after the coronavirus pandemic exacerbated a slide in profitability that culminated in its first annual loss in 11 years.

Spain said on Thursday it would do everything possible to stop Nissan from closing its main car factory in the country as angry workers burned tyres and shouted "War" outside the Barcelona plant.

General Electric Co on Thursday warned 2020 free cash flow would be negative as it struggles with weakness in its aviation and power units due to the coronavirus outbreak, sending its shares 3% lower.

Oil futures dipped and then bounced to trade around even on Thursday after U.S. crude and distillate inventories rose much more than expected, with traders also worried that China's new Hong Kong security law could result in trade sanctions.

Wall Street's major indexes rose on Thursday, boosted by gains in healthcare and technology stocks, as investors hoped for a swift economic recovery from a coronavirus-driven economic slump.

Citigroup Inc looks to return a small number of staff to its New York headquarters in July or possibly August, with workers reentering its London offices possibly even earlier, Chief Executive Officer Michael Corbat told Bloomberg News in an interview.

Impulse purchases - gum, mints and snack bars tossed into a shopping basket as one snakes through the supermarket checkout line - are falling as more people get groceries delivered or pick them up curbside.

The number of Americans filing for unemployment benefits held above 2 million last week for a 10th straight week amid job cuts by U.S. state and local governments whose budgets have been decimated fighting the COVID-19 pandemic and more second-wave layoffs in the private sector.