March 12, 2020

JPMorgan asks New York staff to work from home to stem virus spread – memo

JPMorgan Chase & Co has asked New York-area employees to work from home to stem the spread of the coronavirus, according to an internal memo seen […]
March 12, 2020

Activist investor Icahn raises stake in Occidental to nearly 10%

Billionaire investor Carl Icahn has raised his stake in Occidental Corp to nearly 10%, or about 88.6 million shares, saying the shares were undervalued, an SEC […]
March 12, 2020

Markets in virus panic: day’s plunge in charts

A coronavirus-induced meltdown on Wall Street and other financial markets saw prices plunge on Thursday for everything from stocks and corporate bonds to bitcoin, oil and […]
March 12, 2020

Volkswagen plans to tap electric car batteries to compete with power firms

Volkswagen’s expansion in electric cars will open up new business opportunities in storing and managing energy, encroaching on business currently dominated by utilities and energy firms, […]
March 12, 2020

U.S. weekly jobless claims fall, but coronavirus layoffs loom

The number of Americans filing for unemployment benefits unexpectedly fell last week as employers continued to hold on to their workers, but the coronavirus pandemic is […]
March 12, 2020

Airline crisis worsens as U.S. puts Europeans in coronavirus quarantine

Airlines bore the brunt of a dramatic expansion of the coronavirus crisis on Thursday, as U.S. travel curbs on much of continental Europe deepened the sector’s […]
March 12, 2020

IATA urges governments to support airlines in wake of U.S. travel ban

The airlines industry body called on governments on Thursday to support transatlantic carriers hit by cash-flow problems due to the coronavirus crisis by offering measures such […]
March 12, 2020

Boeing shares plummet after new U.S. travel restrictions

Shares in Boeing Co dropped more than 16% on Thursday on increased concerns over a fallout from news of sweeping U.S. travel restrictions on Europe meant […]
March 12, 2020

Airline crisis deepens as U.S. puts Europeans in coronavirus quarantine

European airlines bore the brunt of a dramatic expansion of the coronavirus crisis on Thursday, as U.S. travel curbs on much of the continent deepened the […]
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