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8 different Coronavirus vaccines have begun testing on humans; Fiat Chrysler announces plan to set up a $6.8 billion credit line backed by the Italian government; Berkshire Hathaway sells 10 million shares of Goldman Sachs; Simran Sandhu & Darian Phillips report.
U.S. import prices fell by 2.6% last month; An additional 3 million Americans filed for jobless benefits last week; Apple acquires NextVR; FedEx limits the number of items retailers can ship from specific locations; Simran Sandhu & Darian Phillips report.
Small businesses and corporations benefit from billions of dollars in tax breaks; Gasoline demand increases as states reopen; New York City places a ceiling on delivery fees; Simran Sandhu & Darian Phillips report.
All major U.S. stock indexes fall; U.S. grocery costs are highest in 46 years; Uber announces takeover proposal for GrubHub; J.C. Penney seeks $450 million in financing prior to bankruptcy filing; Simran Sandhu & Darian Phillips report.
Nasdaq and S&P 500 see moderate gains while Dow Jones falls; PNC exits BlackRock investment; Neiman Marcus expected to burn an additional $300 Million+ before stores reopen; Elon Musk plans to restart Tesla production; Simran Sandhu & Darian Phillips reports.
FED announces that negative rates are not on the forecast; Russell 2000 surges 12% and outpaces the S&P 500; Vroom releases plan to file for an IPO; MLB expected to present a proposal on staging 2020 season; Simran Sandhu & Darian Phillips report.
Interview with Marsha Stone from the Indianapolis International Airport. Simran Sandhu reports.
U.S. removes patriot anti-missile systems from Saudi Arabia; Dropbox sees first quarterly profit in company history; Roku sees a 37% increase in new users last quarter; GM announces $4 billion in bond offerings; Simran Sandhu & Darian Phillips report.
Peloton's first-quarter sales increase by 66%, while subscriptions increase by 94%; Grubhub reports loss of $33.4 million; Papa John's CEO claims April was the best month in company history; U.S. Department of Education releases final version of new Title IX regulations; Simran Sandhu & Darian Phillips report.
Occidental Petroleum considers buying back $35 billion in bonds; U.S. stocks see back-to-back gains; Beyond Meat posts 141% increase in annual revenue; U.S. pressures E.U. to support Beijing Investigation; Simran Sandhu & Darian Phillips report.
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