US stocks have fallen as dismal economic and first-quarter earnings reports compounded concerns over the extent of damage from the coronavirus outbreak. Shares of Bank of America and Citigroup Inc dropped as they joined JPMorgan Chase & Co and Wells Fargo & Co in reporting a slump in first-quarter profits. […]
economic
Cruise lines miss out on economic relief
The cruise industry’s major players have been shut out from government assistance under the major economic-recovery bill signed by President Donald Trump on Friday The bill passed by Congress says companies getting loans or loan guarantees must be “organised” in the US under American laws and have a majority of […]
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