Author: Reuters

German automaker Volkswagen will extend until at least May 18 a suspension on operations at two production plants in Mexico due to the ongoing coronavirus pandemic, the company said in a statement on...

With the U.S. coronavirus death toll topping 51,000 and nearly one in six workers out of a job, Georgia, Oklahoma and several other states took tentative steps at reopening businesses on Friday, despite disapproval from...

The U.S. government is considering taking equity stakes in U.S. energy companies as it seeks to help the nation’s oil and gas sector amid the coronavirus outbreak, Treasury Secretary Steven Mnuchin said on...

A nationwide business shutdown and surge in U.S. government spending will nearly quadruple the federal deficit to a record $3.7 trillion this fiscal year as the country combats the coronavirus pandemic, congressional forecasters...