Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. BOSTON — Investors in SkyBridge Capital asked for hundreds of millions of dollars back after the fund suffered a 23% loss in March when investments made by its debt-focused hedge fund managers soured, Anthony Scaramucci wrote in […]
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Pandemic could fuel demand for ‘diaspora bonds’, says World Bank
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below The coronavirus pandemic and its devastating economic impact on developing countries could fuel fresh interest in so-called diaspora […]
UAW says coronavirus makes early May restart of US auto plants ‘too risky’
Auto factories will add safety practices, like employee distancing, face masks and temperature checking, as they begin to reopen. FOX Business’ Grady Trimble with more. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below WASHINGTON/WARREN, Mich. – The head of the […]
Apple says “no evidence” iPhone mail flaw used against customers
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Apple Inc said on Thursday it has found “no evidence” a flaw in its email app for iPhones and iPads has been used against customers, and that it believes the flaw does “not pose an immediate risk to […]
U.S. business activity hits fresh record lows amid coronavirus lockdowns
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. WASHINGTON — U.S. business activity plumbed new record lows in April as the novel coronavirus severely disrupted manufacturing and services industry production, pushing the economy into uncharted waters. Continue Reading Below Data firm IHS Markit said on […]
Weekly jobless claims to show increasingly bleak picture
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below A record 26 million Americans likely sought unemployment benefits over the last five weeks, confirming that all the […]
Coronavirus run on toilet paper fuels Kimberly-Clark sales boom
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below Kimberly-Clark Corp. says sales of tissue and toilet paper rose 13% in the first quarter as consumers […]
Victoria’s Secret deal could fall through as buyer seeks to back out
L Brands CEO is stepping down and Brookfield properties has agreed to buy Forever 21. Investment firm Sycamore Partners is seeking to end its deal to buy a stake in L Brands Inc’s lingerie brand Victoria’s Secret, citing business decisions the retailer took during the coronavirus pandemic, a court filing on […]
Global CEOs see U-shaped recession due to coronavirus
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below Global business leaders are preparing for a drawn-out U-shaped recession due to the impact of coronavirus and many fear […]
UAW, automakers in talks over coronavirus safety rules to reopen US plants
The Price Futures Group senior strategist Phil Flynn argues the world could pay the price for the oil crash for ‘many years down the road.’ Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below DETROIT (Reuters) – Detroit’s automakers and […]