BUSINESS
ECONOMY
- Mortgage demand from homebuyers shows unexpectedly strong and quick recovery, as applications spike
- New home sales rose slightly in April, defying expectations of a huge 22% drop, as prices fall
- Home prices gained strength as coronavirus shut down economy in March, S&P Case-Shiller says
- May unemployment looks worse than expected, signaling another bad jobs report could be coming
- Mitch McConnell says next coronavirus bill will not extend enhanced unemployment benefits
YOUR MONEY
- Ackman says hedge fund up 27% year to date, dumped Berkshire
- Ackman says portfolio is up as much as 27%, sold Berkshire recently
- Starboard set to win eight board seats at GCP Applied Technologies-sources
- Northern Trust shutting fund; an outlier or sign of future risk?
- Retirement services provider Human Interest extends funding round to $50 million
Top Story
EU plans permanent stockpile of essential drugs, medical gear
The European Commission said on Thursday it wanted to set up a permanent reserve of essential drugs and medical equipment to address shortages that have dogged the EU for years and worsened throughout the COVID-19 pandemic.
In a country where state aid is frowned upon, the number of Americans receiving benefits has skyrocketed.
More than 100 print papers to close as News Corp shifts to digital after the virus pandemic hit revenues.
Almost 3,000 jobs will go as Nissan, which owns a huge factory in Britain, reacts to falling car sales.
The airline says up to 30% of its workforce will go as it struggles with the slump in demand for air travel.
More than 70 industry bosses say a 14-day quarantine will put visitors off coming to the UK.
How a fast-growing baby food firm saw investors pull out because of the Covid-19 crisis.
Nurse Sarah Balsdon bought a vending machine, filled it with snacks, then paid her children for chores.
WORLD
- Crashed Pakistan plane hit runway three times on first approach: minister
- The new workplace? Central and eastern Europe may be closer than most
- UK will increase visa rights if China pursues Hong Kong security law: BBC
- Norway eases Nordic business travel rules, including Sweden
- Apartment-bound Ukrainians check out portable homes
