Prices at the pump expected to continue dropping despite international supply-cut deal

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Prices at the pump expected to continue dropping despite international supply-cut deal

FORT WAYNE, Ind. (WANE) – A drop in gasoline prices locally is expected to continue in sidestep with the COVID-19 pandemic, despite an international deal to cut oil supply, due to an extreme drop in demand. “Gasoline demand had been rising up until the …
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Why Amazon Stock Just Popped 5%

On a Monday when most stocks appear to be in the red, with the S&P 500 down 1.5% at 2 p.m., one stock is glowing a decidedly optimistic shade of green: Shares of Amazon.com (NASDAQ: AMZN) were up a healthy 5.3%. Network of conveyor belts carrying …
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Cheap oil isn't going away, even after record production cuts

New York (CNN Business) President Donald Trump took a victory lap over the weekend for helping convince Russia and Saudi Arabia to make record-shattering production cuts — but there was no celebration in financial markets. “This will save hundreds of …
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American Extends Status And Lowers Elite Qualifying Thresholds

American Airlines announced some major updates to its AAdvantage program for 2020 today. Like other major airlines around the world, American has extended members’ current elite status through January 31, 2022. In addition, for those looking to attain …
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Ford to begin producing respirators for health-care workers at Michigan plant

Ford will begin producing new powered air-purifying respirators Tuesday at one of its plants in the Detroit area to assist in protecting health-care workers from Covid-19. The facility, Ford said, will have the ability to make 100,000 or more respirators.
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