Oil prices dropped more than 8% on Thursday amid a broader market sell-off as fears over a second wave of coronavirus cases led to investors shedding assets.
Hiring managers say they expect more hire freezes and layoffs as Covid-19 continues to hit the economy, opening up new opportunities for freelancers, especially in the areas of writing, creative, web and software development positions.
For decades, studios and moviegoers have measured the success of a movie based on how much it makes during its opening weekend. In the midst of the coronavirus pandemic that metric may be less helpful.
Major League Soccer Commissioner Don Garber said the league would invest in unique technologies for its reopening, as the league hopes its tournament will help increase media rights packages.
"Reopening is actually much harder than closing. Closing was abrupt and disruptive, but it was simple. Everything is closed. Reopening is more delicate and more nuanced," Cuomo said Wednesday.
What has contact tracing shown about the spread of coronavirus? Can the U.S. recruit enough tracers to effectively track the virus? And will Americans share contact information when asked to? Today on "Healthy Returns: The Path Forward," a contact tracing Q&A with Dr. Emily Gurley of Johns Hopkins Bloomberg School of Public Health.
Business leaders spoke out to condemn racial inequality following George Floyd's death. Here are plans from the CEOs of Walmart, Bank of America and others to try to be part of the solution.
The market value of Ferrari soared to about $30 billion in May, above those of far larger automakers. The Italian company's generous margins and golden brand are attracting investors.
Changes in corporate travel patterns due to the coronavirus could hit airlines hard, but it's "not all bad news" given that there are green shoots on the leisure side, said Mark Manduca of Citi.
Germany's car manufacturing industry supports tens of thousands of jobs and exports are vital to the country's economy, but it faces big challenges and some experts fear for its future.