| | The U.S. economy lost a record 20.537 million jobs in April and not 20.5 million as reported last Friday, according to revised data published by the Labor Department this week. | | | French drugmaker Sanofi SA said on Wednesday that it is working with European regulators to speed up access to a potential coronavirus vaccine in Europe after its chief executive suggested Americans would likely get the vaccine first. | | | Brazil airline Gol Linhas Aereas Inteligentes said on Wednesday it will receive up to 2.4 billion reais ($412 million) from Boeing Co as compensation for the grounding of the 737 MAX plane, in a mix of cash and credits. | | | Federal Reserve Chair Jerome Powell had a clear message to interest rate futures traders on Wednesday: Bets the U.S. central bank is headed toward a negative interest-rate policy are off-base. | | | President Donald Trump on Wednesday extended for another year an executive order signed in May 2019 declaring a national emergency and barring U.S. companies from using telecommunications equipment made by firms posing a national security risk. | | | Tesla Inc and officials in California have resolved their acrimonious clash over safety procedures at the automaker's sole U.S. assembly plant with a deal that allows production to resume as early as Monday, county officials said. | | | Wall Street's three major indexes closed lower for the second day in a row after Federal Reserve Chairman Jerome Powell warned on Wednesday of extended economic weakness due to the coronavirus pandemic and called for Congress to agree on additional fiscal support. | | | Stock markets tumbled on Wednesday on fears about a second wave of coronavirus infections and warnings from Federal Reserve Chairman Jerome Powell that the U.S. faces a "significantly worse" recession than any downturn since World War Two, while bonds rose on a safety bid. | | | Airbus is exploring restructuring plans involving the possibility of "deep" job cuts as it braces for a prolonged coronavirus crisis after furloughing thousands of workers, industry sources said, though no decision is imminent. | | | Mexico will begin opening some automotive factories from May 18 under a plan unveiled on Wednesday that loosens coronavirus restrictions and paves the way for U.S. car giants to ramp up output dependent on parts made south of the border. | | | Shareholder activists prodding Exxon Mobil Corp on climate-change proposals are backing calls for an independent board chairman as the oil major steps up efforts to keep climate proposals off its ballot. | | | | |