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With reopenings in U.S. South, some merchants lay out welcome mat, others fearful
By Ann Saphir and Lindsay Dunsmuir (Reuters) – Angie Bullman plans to reopen her suburban Atlanta hair salon on Friday after closing a month ago to comply with state orders. She and her co-owner husband, also a stylist, are already fully booked for the weekend. Salon de la Vie’s five other stylists, massage therapist and […]
U.S. manufacturing rebounds; Boeing, coronavirus loom
By Lucia Mutikani WASHINGTON (Reuters) – U.S. factory activity unexpectedly rebounded in January after contracting for five straight months amid a surge in new orders, offering hope that a prolonged slump in business investment has probably bottomed out. A rebound in business investment is critical to keeping the longest economic expansion in history, now in […]
Wall Street set for lower open after strong quarterly rebound
(Reuters) – Wall Street was set to open lower on Tuesday as coronavirus-related worries and simmering U.S.-China tensions weighed on sentiment at the end of what is expected to be the S&P 500’s best quarter since 1998. The benchmark index has rebounded about 18% since April on a raft of fiscal and monetary stimulus and […]