UPDATE 4-Amazon sees possible 2nd-quarter loss as it forecasts $4 bln in COVID-19-related costs

Amazon.com Inc on Thursday said it could post its first quarterly loss in five years even as revenue surges because it is spending at least $4 billion in response to the coronavirus pandemic, including plans to test its workforce for COVID-19.


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Trump confident that coronavirus may have originated in Chinese lab

U.S. President Donald Trump said on Thursday he was confident the coronavirus may have originated in a Chinese virology lab, but declined to describe the evidence, ratcheting up tensions with Beijing over the origins of the deadly outbreak.


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China reports 12 new coronavirus cases versus four a day earlier

China reported 12 new coronavirus cases for April 30, up from four a day earlier, data from the country's health authority showed on Friday.


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Honduran president denies drug trafficking accusations

The drug trafficking accusations against Honduran President Juan Orlando Hernandez are "100%" false, the president's office said on Thursday, after U.S. prosecutors announced drug trafficking charges against a former chief of the Honduran National Police.


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Japan to decide whether to extend state of emergency as early as Monday: broadcaster NHK

Japan will formally decide as early as Monday whether to extend its nationwide state of emergency, said public broadcaster NHK, after Prime Minister Shinzo Abe warned citizens to prepare for a "drawn-out battle" against the coronavirus.


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Boeing raises $25 billion in blowout debt sale, eschews government aid

Boeing Co raised $25 billion in a bond offering on Thursday, a blowout result for the planemaker, which it said helped the company avoid taking government aid during the coronavirus-induced travel downturn.


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UPDATE 2-Boeing raises $25 billion in blowout debt sale, eschews government aid

Boeing Co raised $25 billion in a bond offering on Thursday, a blowout result for the planemaker, which it said helped the company avoid taking government aid during the coronavirus-induced travel downturn.


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UPDATE 2-U.S. Navy awards $5.5 bln 10-ship frigate contract to Italy's Fincantieri

The U.S. Navy said on Thursday it awarded a contract worth more than $5.5 billion to Italy's Fincantieri to build its newest class of warships, known as frigates.


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Answering Your Coronavirus Questions: COVID-19 And Kidneys, Masks And Pets

Answering Your Coronavirus Questions: COVID-19 And Kidneys, Masks And Pets
On this broadcast of The National Conversation, a doctor answers your questions about pre-existing conditions. We'll also answer your questions about masks, pets and businesses reopening.

Passengers Must Wear Masks On Major Airlines To Cut Spread Of Coronavirus

Passengers Must Wear Masks On Major Airlines To Cut Spread Of Coronavirus
American, Delta and United Airlines are joining JetBlue and Frontier in requiring face coverings amid growing pressure from Congress and their own employees.

Without Federal Funding, Ohio Mayor Faces 'Very Painful' Cuts To Services

Without Federal Funding, Ohio Mayor Faces 'Very Painful' Cuts To Services
Dayton, Ohio, is one of many U.S. cities facing financial struggles amid the pandemic. The city has already laid off 25% of its workforce, says Mayor Nan Whaley.

Boeing says will not seek further funds from U.S. govt

Boeing Co has no plans to seek additional funding through the capital markets or from the U.S. government at this time, the planemaker said in a statement on Thursday.


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Mexico reports 1,425 new coronavirus cases, 127 deaths

Mexican health officials on Thursday reported 1,425 new cases of the novel coronavirus and 127 new deaths in the country, bringing the total to 19,224 cases and 1,859 deaths.


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Boeing says will not seek further funds from U.S. govt

Boeing Co has no plans to seek additional funding through the capital markets or from the U.S. government at this time, the planemaker said in a statement on Thursday.


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Coronavirus cuts into Amazon profits despite sales gains


Coronavirus cuts into Amazon profits despite sales gains



Amazon’s sales surged amid the coronavirus, but costs related to the pandemic ate away at the online retailer’s profits, the company told investors Thursday.

PRESS DIGEST- British Business - May 1

The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.


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UPDATE 3-Half of U.S. states easing coronavirus restrictions as jobless numbers grow

* Pandemic forces millions more to seek jobless claims (Recasts with background, context on social distancing; Michigan protests; revises case and death tolls; NASCAR to resume in May)


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Nevada Gov. Steve Sisolak Tests Positive For Coronavirus

Nevada Gov. Steve Sisolak Tests Positive For Coronavirus "With my case, I want to underscore the importance of Nevadans to stay at hom...