by Troy S. Mason | Apr 30, 2020 | Business News
Oil giant Royal Dutch Shell on Thursday cut its dividend to shareholders for the first time since World War II, following a dramatic slide in oil prices amid the coronavirus crisis. The board at Shell said it had decided to reduce the oil major’s first-quarter dividend to $0.16 per share, down from $0.47 at the […]
by Troy S. Mason | Mar 28, 2020 | Business News
Hospital workers on the front lines of the fight against coronavirus are reporting dangerous shortages of supplies such as masks and gloves. Trade experts accuse President Donald Trump of politicizing the pandemic and risking the lives of first responders by...
by Troy S. Mason | Mar 24, 2020 | Business News
From fashion brands to automakers to Silicon Valley tech firms, big business is stepping up to help fight the spread of the coronavirus in ways that are starting to resemble the World War II effort. While President Donald Trump invoked the Defense Production Act last...
by Troy S. Mason | Mar 15, 2020 | Business News
LONDON — The new coronavirus outbreak’s disruption to the world economy — with fewer planes flying, ships sailing and factories producing — has recently pushed down oil prices. But now they are plummeting and taking world stock prices down with them....
by Troy S. Mason | Mar 15, 2020 | Business News
Stocks across the world tumbled early Monday after a shocking all-out oil price war added to anxiety around the economic fallout from the spreading coronavirus. Futures on the Dow Jones Industrial Average indicated an opening drop of more than 1,300 points. The...
