Business Stories from April 8, 2020 (Change date)
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FedEx, Levi Strauss rise; TAL Education, Party City fallApr 08, 2020 3:30 pm - NEW YORK (AP) - Stocks that moved heavily or traded substantially on Wednesday: FedEx Corp., up $9.59 to $125.54. Amazon will suspend a delivery service that competed wi...
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Germany moves to make it easier to block foreign takeoversApr 08, 2020 6:00 am - BERLIN (AP) - Germany's Cabinet on Wednesday approved legislation that will make it easier for authorities to prevent foreign takeovers of strategically important compan...
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Iran says US oil production must be known before OPEC+ callApr 08, 2020 3:30 am - TEHRAN, Iran (AP) - Iran demanded on Wednesday that U.S. oil production levels must be known before an upcoming OPEC meeting with Russia and others seeking to boost glob...
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Airbus cuts production by a third as airlines struggleApr 08, 2020 1:30 pm - LONDON (AP) - European planemaker Airbus said Wednesday it is reducing production by about a third as demand for aircraft and travel plummets due to the coronavirus pand...
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Closing prices for crude oil, gold and other commoditiesApr 08, 2020 3:00 pm - Benchmark U.S. crude oil rose $1.46, or 6.2%, to settle at $25.09 a barrel Wednesday. Brent crude oil, the international standard, rose 97 cents, or 3%, to $32.84 a barr...
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Fed eases limit on Wells Fargo to make more small biz loansApr 08, 2020 12:30 pm - NEW YORK (AP) - The Federal Reserve is lifting its lending restrictions on Wells Fargo after some of the bank's thousands of small business customers were shut out of a...
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At emergency March meetings Fed pledged to use full arsenalApr 08, 2020 4:01 pm - WASHINGTON (AP) - Federal Reserve officials pledged at two emergency meetings last month to use their full arsenal to bolster the U.S. economy being brought to its knees...
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Suburban companies contributing to increased manufacture of ventilatorsApr 10, 2020 8:17 am - Tech companies in Arlington Heights and Bartlett are among those in the suburbs contributing their expertise to General Motors' stepped-up efforts to manufacture ventila...
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S&P 500 rallies to fresh bull territory; oil risesApr 09, 2020 7:47 am - U.S. stocks climbed back into bullish territory on optimism for another round of stimulus and an eventual move toward reopening the economy. Oil surged amid expectations...
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ITW sets virtual stockholders meetingApr 09, 2020 9:09 am - GLENVIEW - ITW will hold its annual stockholders meeting virtually, due to concerns relating to the COVID-19 pandemic. The meeting is scheduled for 9:30 a.m. May 8. To b...
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