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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Fox Business

Saudi Arabia, Russia may announce oil deal 'soon,' Trump says

Fri, Apr 03, 2020

The deal could cut production by 15 million barrels per day....

Coronavirus airline relief to be run by these Wall Street firms

Thu, Apr 02, 2020

Three Wall St. firms will work with three law firms for coronavirus airline industry relief....

Small business coronavirus loan program is ready, Mnuchin says as Chase raises concerns

Thu, Apr 02, 2020

JPMorgan Chase & Co told business clients it might not be able to begin accepting applications on Friday as officials have promised....

Coronavirus punishes Warren Buffett's equity holdings

Thu, Apr 02, 2020

The coronavirus pandemic may have erased around $64 billion of value from Warren Buffett's equity portfolio at Berkshire Hathaway...

Stocks soar on oil's record gain as Trump expects Russia, Saudi Arabia to cut output

Thu, Apr 02, 2020

Stocks rallied as oil posted its biggest gain on record....

Oil posts biggest gain ever after Trump says he expects Saudis, Russia to cut output

Thu, Apr 02, 2020

President Trump said he wants Saudi Arabia, Russia to cut oil production by 10 million barrels per day....

Coronavirus may tap Tesla's brakes on deliveries

Thu, Apr 02, 2020

Tesla shares have slumped 5.67% since COVID-19 was first reported in the U.S....

Coronavirus makes these market sectors a 'death trap': Minerd

Thu, Apr 02, 2020

The airlines and hospitality industries have seen their values fall by 57 percent and 41 percent, respectively, since the virus was first reported in the U.S. on Jan. 21. ...

Coronavirus drags US Ford sales down 12.5% in first quarter

Thu, Apr 02, 2020

Ford Motor Corp on Thursday posted a 12.5% fall in U.S. auto sales for the first quarter, as production halts and social distancing in the face of the coronavirus pandemic stalled demand....

Walgreens grapples with coronavirus after early 2020 sales growth

Thu, Apr 02, 2020

The operator reported stronger-than-forecast sales for its latest quarter, which ended Feb. 29, as consumers were starting to stockpile supplies....