 | | | | Walt Disney Co will stick to its plans to reopen its Walt Disney World theme parks in Orlando, Florida, to a limited number of guests on Saturday, the company said in a statement on Tuesday. | | | | | | Six movie theater chains, including AMC Entertainment , Cinemark and Regal Cinemas, have sued New Jersey Governor Phil Murphy for refusing to let them resume operations, even after allowing churches, retailers and indoor shopping malls to reopen during the coronavirus pandemic. | | | | | | U.S. stocks fell on Tuesday, adding to losses into the close, as investors took profits a day after the S&P 500 logged its longest streak of gains this year and as new U.S. coronavirus cases rose further. | | | | | | Investor caution over renewed coronavirus-related lockdowns buoyed the dollar and snapped a five-day rally in most world equity markets on Tuesday, but was not enough to halt a hot streak in Chinese stocks. | | | | | | The largest U.S. air carriers have all signed letters of intent on federal loans to help them weather the novel coronavirus, with United Airlines warning employees during a virtual town hall meeting on Tuesday that a surge in outbreaks was hitting bookings, threatening a travel rebound. | | | | | | Oil prices settled little changed on Tuesday as demand concerns due to a new surge in coronavirus cases overshadowed U.S. government forecasts for lower production. | | | | | | Organizers of a growing Facebook Inc advertising boycott said they saw "no commitment to action" after meeting with Facebook Chief Executive Mark Zuckerberg on Tuesday. | | | | | | A Huawei Technologies executive warned that Brazil could suffer years of delay in deploying a 5G telecoms network and higher costs if it succumbs to mounting U.S. pressure to snub the Chinese equipment supplier. | | | | | | The U.S. economy faces stiff headwinds in staging a strong recovery as a surge in coronavirus cases without a vaccine in sight and few treatment options will likely limit consumer spending and the labor market, U.S. Federal Reserve policymakers said on Tuesday. | | | | | | A resurgence in coronavirus cases across the country is making consumers more cautious, and more fiscal stimulus is needed to help the economy recover fully from the crisis, Cleveland Federal Reserve Bank President Loretta Mester said on Tuesday. | | | | | | With the surge in coronavirus cases threatening the U.S. recovery, Federal Reserve Vice Chairman Richard Clarida had a message on Tuesday: the U.S. central bank is not going to sit idly, even if a double dip recession is not the base case scenario. | | | | | |
