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Tag: Briefing

Saia Sets Records for Revenue, Operating Income in Q1

Saia Inc. reported record operating income and revenue for the first quarter but saw business take a downturn late in the period. The...

Saia Sets Records for Revenue, Net Income in Q1

Saia Inc. reported record operating income and revenue for the first quarter but saw business take a downturn late in the period. The...

Oil Climbs on Biggest Jump in US Gasoline Demand in 11 Months

Oil rallied on optimism that consumption could gradually return as major producers continue to cut output to counter a global glut. West Texas...

The move comes after Dr. Fauci announced encouraging results from a trial during a White House meeting

New York's Metropolitan Transit Association (MTA), which is responsible for public transportation in the state, said it will launch a new plan to...

Werner Enterprises Reports $592.7 Million Revenue for Q1

Werner Enterprises reported steady revenue but a decline in net income during the first quarter of 2020, and the company said it is...

Daimler Profit Dives 92% in Q1 Amid Pandemic

Daimler AG reported net income plunged 92%, and revenue slipped 6% in the first quarter as the harsh effects of the novel coronavirus...

Ryder Reports Q1 Net Loss

Ryder System Inc. reported a net loss of just over $100 million in the first quarter and revenue slipped 1% as it adjusted...

The top US doctor expresses optimism over results from a study of a possible treatment. The WHO says it’s too early to comment on...

 Dr. Mike Ryan, executive director of the World Health Organization health emergencies program, said it’s too early to comment on the remdesivir trial results...

Economy Shrinks 4.8% in Q1 as Result of Coronavirus

The U.S. economy contracted by 4.8% on an annualized rate in the first quarter, according to the U.S. Commerce Department, which released the...

Elon Musk Presses for US to Reopen Ahead of Tesla Earnings Report

Tesla Inc. shares have soared in spite of production shutdowns, likely demand disruptions and uncertainty about how soon the electric-car maker can restore...

March Used Truck Prices Continue 2020 Slide

Class 8 used truck sales in March slipped 12%, and the average price dropped about $7,000 compared with a year earlier, ACT Research...

Boeing to Cut Output, Thousands of Jobs on Vanishing Demand

Boeing Co. unveiled deep cuts to jobs and production as the manufacturer rushes to adapt to a shrinking market for jetliners after the...

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