European markets decline as euro zone business activity plunges to record low

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European markets decline as euro zone business activity plunges to record low

Global stock markets have experienced a shaky start to the second quarter this week as investors to assess the potential economic ramifications of widespread lockdowns and the persistent spread of the coronavirus. Markets will also be reacting to March PMI …
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Leaked memo: Amazon strategy to attack Staten Island, NY strike organizer as 'not smart'

Amazon had a strategy to smear the organizer of a worker walkout at the online retailing giant’s Staten Island, New York fulfillment center on Monday, according to leaked notes from a company meeting. The notes, circulated as a memo within Amazon, and …
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Luckin Coffee Stock Plummets over 80%; Accounting Transactions Fabricated; COO Suspended …

(LK) announced that a special committee of the Board of Directors formed to investigate certain accounting transactions, indicated that Luckin's Chief
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Expect A Slow, L-Shaped Economic Recovery: Shulyatyeva (Radio)

Yelena Shulyatyeva, Senior U.S. Economist for Bloomberg Economics, on jobless claims. Hosted by Lisa Abramowicz and Paul Sweeney. Running
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American Airlines slashes flights but has no plans to halt US service

WASHINGTON (Reuters) – American Airlines Co said on Thursday it is cutting additional flights this summer as travel demand has drastically shrunk amid the coronavirus pandemic. FILE PHOTO: American Airlines passenger plane (L) parked due to flight …
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