Author: Reuters

U.S. stocks rose on Wednesday, with the S&P 500 closing above 3,000 for the first time since March 5, as the further easing of lockdowns lifted optimism for an economic...

Billionaire investor Carl Icahn said on Wednesday he had sold his entire equity position in Hertz Global Holdings Inc at a “significant loss”, days after the car rental pioneer filed for bankruptcy...

Boeing Co said on Wednesday it was eliminating more than 12,000 U.S. jobs, including 6,770 involuntary layoffs, as the largest American planemaker restructures in the face of the coronavirus...

U.S. luxury homebuilder Toll Brothers Inc on Wednesday withdrew its full-year forecast and warned it would not provide such guidance for the foreseeable future due to uncertainty caused by the COVID-19...

United Airlines Holdings Inc said on Wednesday that Jon Roitman will be replacing Greg Hart as chief operations officer effective June 1 as part of an internal management reshuffle to prepare the airline for the near-term...