March 17, 2020

Democrats agree on ‘big immediate action’ to back U.S. airline industry

U.S. House Speaker Nancy Pelosi told the CEOs of U.S. airlines on Tuesday that Democrats agree on the need for “big immediate action” to boost the […]
March 17, 2020

Exclusive: Amazon warehouses receive only vital supplies in U.S., Europe amid coronavirus

Amazon.com Inc will only receive vital supplies at its U.S. and UK and other European warehouses until April 5, its latest move to free up inventory […]
March 17, 2020

FedEx suspends 2020 profit forecast due to coronavirus outbreak

FedEx Corp suspended its 2020 profit outlook on Tuesday, citing uncertainty due to the coronavirus pandemic. Powered by WPeMatico
March 17, 2020

Exclusive: Impossible Foods explores credit line to tackle coronavirus fallout – sources

Impossible Foods is discussing a new credit line worth several hundred million dollars with its lenders, as the plant-based meat company braces for the economic fallout […]
March 17, 2020

Exclusive: Boeing seeking ‘tens of billions’ in U.S. government loan-guarantees – sources

Boeing Co is seeking “tens of billions of dollars” in U.S. government loan-guarantees and other assistance as faces it a looming liquidity crunch from the massive […]
March 17, 2020

World Bank adds $2 billion to funds available for coronavirus response

The World Bank on Tuesday said it had increased to $14 billion the amount of fast-track financing available to members to respond to the global coronavirus […]
March 17, 2020

Brent crude sinks below $30/bbl as recession fears weigh

Crude oil prices settled below $30 a barrel as the coronavirus pandemic slowed economic growth and oil demand on Tuesday while Saudi Arabia and Russia kept […]
March 17, 2020

Investors give thumbs down to potential shortened stock session

U.S. Treasury Secretary Steven Mnuchin’s suggestion on Tuesday that the country’s stock exchanges might shorten their trading hours did not go over well with investors reeling […]
March 17, 2020

Macy’s, Hudson’s Bay to temporarily close U.S. stores due to virus outbreak

Department store operators Macy’s Inc and Hudson’s Bay decided on Tuesday to temporarily close all its stores in the United States due to the coronavirus pandemic, […]
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