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Oil clawed back some losses as signs of a recovery in the Chinese economy bolstered hopes for a rebound in demand though prices are still headed for the worst quarter on record.
Wall Street Journal
WSJ.com: US Business
Xerox Is Ending Hostile Takeover Bid for HP Xerox is pulling the plug on its hostile bid to buy larger rival HP after the coronavirus pandemic undermined the copier maker?s ability to pull off the debt-laden merger.
Apple Commits to Paying Contractors The tech giant said it plans to pay its hourly contract workers after some janitors at their Silicon Valley campus were told their jobs were being suspended without pay.