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Tag: Briefing

Oil Slides With Glut Concerns Eclipsing Demand Recovery

Oil declined as data showing rebounding demand wasn’t enough to offset ballooning inventories. West Texas Intermediate futures fell as much as 8% May...

Earnings Calls Study Shows Companies More Worried Than in 2008

The once-in-a-century pandemic has unleashed financing fears all over Corporate America that far exceed the 2008 crisis, as executives prep for fresh economic...

New York governor says some states making a mistake by reopening

(Reuters) - States that are reopening their economies despite rising cases of the novel coronavirus are making a mistake, New York Governor Andrew...

Auto-State Lawmakers Mobilize Push to Help Revive Car Industry

A bipartisan group of House lawmakers from states with a large auto industry presence is mounting a push to aid the sector that...

WHO warns of new lockdowns if transition not managed carefully

ZURICH/GENEVA (Reuters) - The head of the World Health Organization (WHO) on Wednesday warned of the risks of returning to lockdown if countries...

IMF: World Needs Two-Decade, $20 Trillion Investment

The International Monetary Fund sees the world needing public investment of more than $20 trillion in the next two decades as nations spend...

Uber to Reduce Workforce by 14%, Signals Further Cuts

Uber Technologies Inc. will eliminate 3,700 jobs and permanently close 180 driver service centers, the first in a series of cost-cutting measures to...

Volvo Says Virus Won’t Slow Its Rollout of Self-Driving Car Tech

Volvo Car AB is grappling with plant shutdowns and layoffs, but one thing it’s not doing amid the fallout from the coronavirus pandemic...

Continental Transitions to KeepTruckin for ELD Services

Tire, systems and components supplier Continental said it will transition customers to an alternate electronic logging device and fleet management solution. Continental is...

Fatalities in Crashes Involving Trucks Increased in 2019, NHTSA Estimates

Fatalities in crashes involving at least one large truck are projected to have increased by 1% in 2019, while overall traffic fatalities are...

NHTSA Forecasts Slight Increase in Truck Crash Fatalities for 2019

Fatalities in crashes involving at least one large truck are projected to have increased by 1% in 2019, while overall traffic fatalities are...

China calls US attacks a GOP political strategy

China says recent accusations by US Secretary of State Mike Pompeo and President Donald Trump that the Covid-19 pandemic originated in a lab...

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