(Reuters) – Kroger Co’s <KR.N> comparable sales surged about 30% in March as consumers stockpiled due to the coronavirus pandemic, and the grocer said it had borrowed $1 billion to boost its cash reserve as it prepared for any fallout from the health crisis. The Cincinnati, Ohio-based company’s shares rose about 5% after the supermarket […]
(Reuters) – The gap between the U.S. unemployment rates for Blacks and whites widened further in June, to its largest in five years, underscoring the uneven nature of the nascent recovery from historic job losses triggered by the coronavirus pandemic. Jobless rates for both groups fell in June, but the rate for whites came down […]
By Alexandra Alper and Karen Freifeld WASHINGTON (Reuters) – The Trump administration is considering changing U.S. regulations to allow it to block shipments of chips to Huawei Technologies [HWT.UL] from companies such as Taiwan’s TSMC <2330.TW>, the world’s largest contract chipmaker, two sources familiar with the matter said. New restrictions on commerce with China’s Huawei […]
