Has the stock market's rally come on too hard and fast? Some say yes, especially with the coronavirus continuing to linger as a major economic issue....
"Nokia does not comment on market rumours," said a spokesman for the company. Earlier on Thursday shares in Nokia surged 12.5%, with traders pointing to a report by online newspaper TMT Finance that said the group was working to defend itself from a hostile takeover bid for parts or all of its business. The TMT Finance report said Nokia had hired Citi, a regular investment banking partner of the Finnish firm, for the deal which could be worth $17.4 billion....
The Paycheck Protection Program has hit its $349 billion limit, announcing it is unable to accept new applications from small businesses. Raymond James Washington Policy Analyst Ed Mills joins Yahoo Finance’s On The Move to discuss....
Congressional leaders work to replenish the stimulus relief program after the bank's small business loans have completely exhausted their funding capacity. Consumer Bankers Association CEO & President Richard Hunt joins Yahoo Finance’s On The Move to discuss....
Since adopting the SmartDrive video-based safety program, Helwig has reduced bodily injuries by 60%, seen 44 initial claims from plaintiff attorneys dropped once they saw the SmartDrive video, and reduced its DOT scores for both crash indicator and unsafe driving. ...
(Bloomberg) -- U.S. airlines sank after United Airlines Holdings Inc. said travel demand was “essentially zero,” with no sign of improvement in the near term.United’s dire tone underscored the depth of the crisis for the nation’s carriers despite billions of dollars in assistance from U.S. taxpayers. With the Covid-19 pandemic and government travel restrictions forcing people to stay home, United predicted it would fly fewer people during all of next month than on a single day in May 2019.The airline will further reduce its flight schedule in May to roughly 10% of what it had planned at the start of 2020, and similar cuts are in store for June, said Chief Executive Officer Oscar Munoz and President Scott Kirby. The U.S. rescue package signed into law last month will help airlines pay employees while obliging the companies not to cut jobs through Sept. 30. But in the longer term, United signaled...
