Wall Street tumbles as oil crash stirs pandemic fears

(Reuters) – Wall Street tumbled for a second straight day on Tuesday as a collapse in U.S. oil prices and glum forecasts by companies worsened fears of a deep economic downturn. All 11 S&P 500 sector indexes fell 1.6% or

GM folds Maven car-sharing unit, citing coronavirus

(Reuters) – General Motors Co (GM.N) said on Tuesday it is shutting down its Maven car-sharing unit, after suspending operations because of the novel coronavirus. The automaker said it would transfer Maven assets and resources to its Global Innovation group.

Michigan governor says she has not spoken with Biden about VP role

DETROIT (Reuters) – Michigan Governor Gretchen Whitmer said on Tuesday she had not had any conversation with presumed Democratic presidential nominee Joe Biden about being his running mate in the 2020 election. Whitmer, speaking in a live, online Washington Post

Oil crash slams stocks, dollar gains as risk sentiment rolls over

LONDON (Reuters) – Global stocks fell on Tuesday, a day after U.S. crude oil prices turned negative for the first time ever, as dismal corporate earnings underlined worries about economic damage from the coronavirus pandemic. The dollar rose against a

Thailand extends foreigners' visas as coronavirus cases slow

BANGKOK (Reuters) – Thailand’s cabinet approved a second automatic visa extension for foreigners for three more months on Tuesday, in a bid to prevent long queues at immigration centres and stem the spread of the coronavirus. Foreigners whose visas had