By Makini Brice and Jason Lange (Reuters) – Former Secretary of the Navy Richard V. Spencer on Friday endorsed Democratic presidential candidate Michael Bloomberg, making him the first high-level former Trump administration official to back a Democratic hopeful in the 2020 election. Bloomberg, a billionaire and former mayor of New York, is a late entry […]
By Aaron Sheldrick TOKYO (Reuters) – Losing more than a quarter of their value, oil prices were set on Monday for their biggest daily rout since the first Gulf War, after Saudi Arabia cut its official prices in a market already reeling from the impact of the coronavirus on global demand. Saudi Arabia slashed its […]
By Ben Klayman, David Shepardson and Paul Lienert DETROIT (Reuters) – The two largest U.S. automakers on Thursday announced measures to shore up their finances as the coronavirus pandemic takes a deep economic bite, with Ford Motor Co <F.N> aiming to resume production next month of its most profitable vehicles while cutting costs further. General […]
