How the coronavirus job cuts played out by sector and demographics
(Reuters) - The job losses suffered in March as the U.S. economy shut down in the face of the novel coronavirus pandemic were widespread but still were disproportionately felt in a handful of employment sectors and by women, the young and the less educated.
Trump threatens tariffs on oil imports to 'protect' U.S. energy workers
WASHINGTON (Reuters) - U.S. President Donald Trump said on Saturday he would impose tariffs on crude imports if he has to "protect" U.S. energy workers from the oil price crash that has been exacerbated by a war between Russia and Saudi Arabia over market share.
Exclusive: Amazon in contact with coronavirus test makers for potential screenings on employees
(Reuters) - Amazon.com Inc has been in contact with the CEOs of two coronavirus test makers as it considers how to screen its staff and reduce the risk of infection at its warehouses, according to internal meeting notes seen by Reuters.
Trump says will ask Congress for more small business funds if money runs out
WASHINGTON (Reuters) - U.S. President Donald Trump said on Saturday he would ask Congress for more money to make loans to small businesses struggling with the economic fallout from the coronavirus outbreak if the original $349 billion allocated in a fiscal stimulus bill runs out.
Single passenger flights: The daily woes of airlines, and the crew still working
(Reuters) - When Reuters photographer Carlos Barria boarded American Airlines flight 4511 from Washington Reagan National Airport to New Orleans on Friday for an assignment, he was the only passenger on the 76-seat jet.
OPEC+ meeting delayed as Saudi Arabia and Russia row over oil price collapse: sources
DUBAI/MOSCOW (Reuters) - OPEC and Russia have postponed a Monday meeting to discuss oil output cuts until April 9, OPEC sources said on Saturday, as a dispute between Moscow and Saudi Arabia over who is to blame for plunging crude prices intensified.
Capital One says it won't use CFTC waiver related to oil lending
WASHINGTON (Reuters) - U.S. lender Capital One Financial Corp
said on Saturday it would not use a U.S. Commodity Futures Trading Commission (CFTC) waiver after commodity price volatility lifted the bank's derivatives exposure toward a key regulatory threshold.
U.S. dairy farmers dump milk as pandemic upends food markets
CHICAGO (Reuters) - Dairy farmer Jason Leedle felt his stomach churn when he got the call on Tuesday evening.
Coronavirus depresses U.S. payrolls, more job losses coming
WASHINGTON (Reuters) - The U.S. economy shed 701,000 jobs in March, abruptly ending a historic 113 straight months of employment growth as stringent measures to control the novel coronavirus outbreak shuttered businesses and factories, confirming a recession is underway.
Mexican president calls on Russia, Saudi Arabia to end oil price war
MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador on Saturday called on Russia and Saudi Arabia to reach a deal soon and end their oil price war to avoid deepening the oil price crisis.