March 23, 2020

Coronavirus aid bill includes $3,000 for families, $4 trillion liquidity for Fed: Mnuchin

The coronavirus economic relief bill being finalized by the U.S. Congress will include a one-time $3,000 payment for families and allow the Federal Reserve to leverage […]
March 22, 2020

McDonald’s to temporarily close all UK, Ireland restaurants amid coronavirus outbreak

McDonald’s Corp said on Sunday it would temporarily close all its restaurants in the UK and Ireland by Monday evening because of the coronavirus outbreak. Powered […]
March 22, 2020

Virgin companies to invest $250 million to save jobs after virus outbreak: Branson

British entrepreneur Richard Branson said on Sunday companies in his Virgin empire will be investing $250 million in coming weeks and months to save jobs from […]
March 22, 2020

Explainer: Hobbled IRS tax agency may need months to put cash into Americans’ hands

In order to put recession-fighting checks into the hands of millions of Americans, President Donald Trump will rely on a tax agency that has fewer workers, […]
March 22, 2020

Fed’s Bullard: Coronavirus shutdown not a recession but an investment in survival

In normal times massive unemployment and a collapse in economic output would be tragic. Powered by WPeMatico
March 22, 2020

Netflix to slash traffic across Europe to relieve virus strain on internet providers

Netflix Inc said it will cut traffic by 25% on networks across Europe in a relief measure for internet service providers (ISPs) experiencing a surge in […]
March 22, 2020

Airlines appear to come up short in bid to win cash grants in rescue package

A last-ditch effort by the chief executives of major U.S. airlines to try to win cash grants to weather the coronavirus crisis looked to be unsuccessful, […]
March 22, 2020

Amazon raises overtime pay for warehouse workers

Amazon.com Inc said on Saturday it is raising overtime pay for associates working in its U.S. warehouses as the world’s largest online retailer tries to meet […]
March 21, 2020

Virus hit UK companies told to halt financial statements

Britain’s listed companies should not publish preliminary financial statements for at least two weeks to better assess how the coronavirus epidemic is affecting their business, the […]
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