Brian Kolfage recently convinced Americans to donate millions of dollars for a privately built wall on the southern border. Now he's hawking millions of protective face masks that are in critically short supply during the coronavirus pandemic.
Business & Financial News, U.S & International Breaking News
Macy's to drop from S&P 500 to small-cap index
Macy's Inc will be removed from the benchmark S&P 500 stock index , the S&P Dow Jones Indices said on Tuesday, as coronavirus-induced store closures compound the retail sector's struggles with a shift to online shopping.
Exclusive: U.S. plans to lease space to energy companies to store oil in emergency reserve
The U.S. Department of Energy plans to announce as soon as Wednesday it will allow oil companies to lease space in the Strategic Petroleum Reserve (SPR), as it tries to comply with President Trump's directive to fill the facility to capacity, two industry sources said.
Xerox abandons $35 billion hostile bid for HP
U.S. printer maker Xerox Holdings Corp walked away from its $35 billion hostile cash-and-stock bid for HP Inc on Tuesday, after the coronavirus outbreak weighed on its campaign to take over the PC and printing equipment manufacturer.
Zoom takes lead over Microsoft Teams as coronavirus keeps Americans at home
Zoom Video Communications Inc's average user numbers in March were nearly three times that of its nearest rival Microsoft Corp's Teams, according to research firm Apptopia, as the cornonavirus-driven stay-at-home lifted demand for video conferencing platforms.
With Republicans wary of more coronavirus spending, Trump urges infrastructure plan
U.S. Republican lawmakers signaled caution on Tuesday over Democratic plans to prepare another large spending bill to battle the coronavirus crisis, even as President Donald Trump called for $2 trillion in spending, this time on infrastructure.
U.S. hospitals halt lucrative procedures amid coronavirus crisis, job cuts follow
U.S. hospitals and physician groups are beginning to feel severe financial strain as they shift operations from profitable procedures to focus on the rapidly spreading coronavirus pandemic.
Have a news tip?
Reuters provides several ways to securely and confidentially share information and materials with our journalists.LEARN MORE ››