March 21, 2020

Volkswagen CEO warns factory closures may drag on for weeks

Volkswagen AG CEO Herbert Diess on Saturday warned that the coronavirus crisis may force the company to keep its factories shut for longer than initially planned. […]
March 21, 2020

Exclusive: 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

Best Buy withdraws fiscal 2021 financial guidance

Best Buy Co Inc said on Saturday that the company withdrew all financial guidance for fiscal 2021, for both the first quarter and full year, due […]
March 21, 2020

Shame on you, Britain tells coronavirus panic-buyers

Britain on Saturday told people who were panic-buying and hoarding food due to the coronavirus outbreak to calm down, pointing to a video on social media […]
March 21, 2020

LVMH orders 40 million masks from China for France

LVMH , the world’s biggest luxury goods group, is ordering 40 million health masks from a Chinese supplier to help France cope with the coronavirus outbreak. […]
March 21, 2020

Volkswagen to shut some factories for more than two weeks: CEO

German carmaker Volkswagen AG said on Saturday its factories will be closing for two weeks and in some regions three, amid growing concerns over the spread […]
March 21, 2020

Wells Fargo asks Fed to lift cap on growth to support customers: FT

Wells Fargo & Co has asked the U.S. Federal Reserve to remove an asset cap introduced during its accounts scandal in order to allow it to […]
March 21, 2020

Factbox: Latest on the spread of the coronavirus around the world

As cases ballooned in Europe, the new epicenter of the coronavirus, several countries imposed new restrictions to try to curb the spread. California and three other […]
March 21, 2020

Google launches coronavirus website in the United States

Alphabet Inc’s Google said on Saturday it launched a United States-focused website with information about coronavirus guidance and testing, as the country works on slowing the […]
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