Bloomberg Italy is trying to prop up its battered economy with a second stimulus package worth 55 billion euros. It may not be enough. Prime Minister Giuseppe Conte’s government approved the much-delayed measures in a bid to reduce the economic impact of the coronavirus pandemic. The plan focuses on liquidity for businesses and aid to families hurt by over two ...

Bloomberg Not all of Elon Musk’s projects have been thwarted by the coronavirus pandemic. While the billionaire clashed this week with local officials over restarting production at a Tesla Inc. factory in California, his tunnel-drilling company hit a new milestone in Nevada. A giant drill called Godot Plus broke through a wall near the spot where it will connect to ...

Bloomberg US equity futures dropped ahead of the latest American jobless data and as President Donald Trump floated cutting ties between the world’s two biggest economies. Treasuries gained alongside the dollar. Contracts on the main US equity benchmarks extended declines after Trump said in a TV interview that he doesn’t want to talk to China’s President Xi Jinping “right now.” ...