March 23, 2020

Senate GOP coronavirus bill aides U.S. transit, airports but loans not cash for airlines

A Senate Republican coronavirus stimulus package would provide financial aid to U.S. airports, transit systems and passenger railroad Amtrak, but $50 billion for struggling U.S. airlines […]
March 23, 2020

Facebook donates emergency reserve of 720,000 masks due to coronavirus outbreak

Facebook Inc Chief Executive Mark Zuckerberg said on Sunday that the social media company has donated its emergency reserve of 720,000 masks to provide health workers […]
March 23, 2020

Wall Street braces for another bleak week, with coronavirus risks amplified

Wall Street analysts and investment managers expect another rough week for U.S. markets, as coronavirus cases and deaths increase in major cities and lawmakers continue to […]
March 23, 2020

Facebook to cut video streaming quality in virus-hit Europe

Facebook will downgrade video streaming quality on its platform and on Instagram in Europe, the latest U.S. tech giant to respond to an EU call to […]
March 23, 2020

Emirates stops nearly all passenger flights, slashes wages

Emirates, one of the world’s biggest long-haul airlines, said on Sunday it would stop nearly all passenger flights this week and cut staff wages by as […]
March 23, 2020

Ford, GM, Tesla getting ‘go ahead’ to make ventilators: Trump

U.S. President Donald Trump said on Sunday that U.S. automakers Ford Motor Co, General Motors Co and Tesla Inc had been given the green light to […]
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 […]
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