Detroit's three automakers have agreed to partial factory shutdowns, deep cleaning of equipment and longer periods between shifts to head off union demands ...
General Motors Co., Ford Motor Co., and Fiat Chrysler Automobiles NV will temporarily shut down their U.S. plants in an effort to contain the spread of the ...
The Detroit Three have agreed Wednesday to UAW demands to shut down all North America plants as a precaution against coronavirus. Ford Motor Co. said ...
The Dow Jones Industrial Average plunged below its closing level from President Trump's inauguration day, effectively wiping out all gains made during his ...
NEW YORK (AP) — Stocks are falling sharply on Wall Street in early trading as fears spread that the coronavirus is causing a global recession. The Dow Jones ...
Billionaire activist investor Bill Ackman, the CEO of $11 billion Pershing Square Capital, called on President Trump to shut the U.S. down for the next month to ...
After the presidential press conference — and as the markets were poised to plummet further — Pershing Square Capital Management founder Bill Ackman in ...
Investor Bill Ackman urged President Donald Trump and corporate America in an impassioned plea on CNBC to shut down the country for 30 days to contain the ...
Markets have been incredibly volatile for weeks as Wall Street and the White House acknowledge an increasing risk of a recession due to the coronavirus ...
The vicious swings keep coming for the stock market, and the S&P 500 sank more than 5% in early trading Wednesday to erase most of the prior's day respite.
Stocks jumped Tuesday, offering some respite from selling after Monday's declines sent the Dow off by its largest percentage drop since Black Monday of 1987.
By now, it must be obvious to almost everyone that we can't — and won't — escape another recession. The coronavirus pandemic is pushing just about every ...
Whole Foods and Target are joining a slate of retailers in designating shopping times for customers most at risk for contracting the new coronavirus. Continue ...
PHILADELPHIA (CBS) – The coronavirus outbreak is prompting stores and supermarkets in our area to modify their hours and policies to help protect seniors ...
Grocery chain stores are stepping up and setting aside earlier hours for the people most vulnerable to the coronavirus – the elderly and people with ...
The Union Square Hospitality Group, one of the nation's most prestigious restaurant companies, laid off 2,000 employees on Wednesday morning “due to a ...
Famed restaurateur Danny Meyer's company put the layoffs into effect on Wednesday morning 'due to a near-complete elimination of revenue,' the company ...
Lobbying groups representing the country's travel and tourism industry met the White House on Tuesday to meet with President Donald Trump and other officials ...
New York (CNN Business) Marriott International, the world's largest hotel chain, has started furloughing employees. Tens of thousands of workers could be ...
Total spending on travel in the U.S. is expected to drop by $355 billion for the year, or 31 percent — more than six times the impact of the Sept. 11, 2001, terrorist ...
The pandemic is devastating global travel, causing business to evaporate and forcing companies to slash payroll in what's shaping up to be the biggest test the ...
The San Francisco Bay Area is in lockdown to fight the spread of the coronavirus. Under a "shelter in place" order announced Monday, people in seven Bay ...
The S&P 500 extended its decline in early afternoon trade, falling 7% to trigger a so-called circuit breaker, resulting in a 15-minute market-wide trading halt for ...
Stockers at the Maplecrest Plaza Kroger's store spent several minutes on Tuesday opening up big cardboard boxes filled with everything from cans of soup to ...
The Federal Housing Finance Agency said it's ordering Fannie Mae and Freddie Mac to suspend foreclosures and evictions for at least 60 days. The decision ...
American homeowners and renters who are feeling the financial effects of the coronavirus outbreak will not need to fear losing their homes to foreclosure or...
Mortgage-finance companies Fannie Mae and Freddie Mac are suspending foreclosures and evictions of homeowners behind on their mortgages—and at risk ...
(Bloomberg) -- Fannie Mae and Freddie Mac and the Department of Housing and Urban Development all plan to suspend mortgage foreclosures, adding to the ...
Grocers big and small are hiring more workers, paying overtime and limiting purchases on certain high demand items as they scramble to restock shelves that ...
Hefty investment in ecommerce, healthcare and its 1.5-million-strong workforce have the world's largest retailer poised to supply large swaths of the nation as ...
J.C. Penney will close its stores and business office, starting today at 7 p.m. local time. The stores and business offices are scheduled to reopen April 2.
Volkswagen Group, the world's largest carmaker, will suspend European production Thursday as the coronavirus outbreak and its economic impact bring an ...
Volkswagen is preparing to suspend production across Europe as the continent struggles to contain the coronavirus pandemic. The Volkswagen AG logo sits on ...
Just as rumored ever since the early hours of Tuesday, March 17, German carmaker Volkswagen announced it is shutting down most of its production facilities ...
Just as Volkswagen was undergoing a radical restructuring to focus on e-mobility and driverless cars, the company has announced it is shutting down factories ...
Medical authorities in China said they tested the antiviral drug favipiravir on 340 patients and found it reduces recovery time and improves lung condition of ...
The shares of FUJIFILM Holdings Corporation (OTC: FUJIY) hit their daily permissible high limit on Wednesday's open in Tokyo.What Happened The massive ...
Based on results of clinical trials conducted with affected patients in both Wuhan and Shenzhen by Chinese medical authorities, Japanese-made flu drug ...
TOKYO/BEIJING (Reuters) - Shares in Japan's Fujifilm Holdings Corp surged 15% on Wednesday after a Chinese official said an active ingredient of the ...
Delta is slashing capacity by 70% after bookings dry up, sending revenue down $2 billion. The airline will park half of its fleet; The airline industry is anxiously ...
Delta Air Lines stock plunged to its lowest level since 2013, after it said it would shrink flights by 70% and shore up cash. Other airline stocks fell.
In a letter to employees, Delta Air Lines CEO Ed Bastian today announced that the company is parking at least half of its fleet as demand for flights during the ...
Oil futures trade near their lowest levels in 20 years with the plunge in prices expected to continue, fed by a weak oil demand outlook tied to the spread of...
West Texas Intermediate crude oil, the U.S. benchmark, fell by more than 10 percent Wednesday to a low of $24.21 a barrel, a level last seen in April 2002.
Oil dropped 24% to a more than 18-year low on Wednesday as the coronavirus pandemic continues to sap demand for crude, and as rising worries about a ...
Nevada Governor Steve Sisolak announced the closure of all non-essential businesses in the state Tuesday, a proclamation which includes Nevada's casinos.
Nevada Gov. Steve Sisolak announced on Tuesday that all casinos, movie theaters, bars, restaurants, and gyms will close by noon on Wednesday, to help fight ...
Governor Steve Sisolak announced on Tuesday that he will be ordering all casinos in the state of Nevada to remain closed for 30 days in response to the ...
Nevada Gov. Steve Sisolak has ordered the statewide shutdown of all casino and gambling operations as of midnight, another startling indication of the ...
(Nexstar Media Wire) – Target announced Tuesday that stores across the country will take measures to ensure elderly customers and those with underlying ...
SAN FRANCISCO (KRON) – Bigger grocery chain stores are stepping up and setting aside earlier hours for the people most vulnerable to the coronavirus – the ...
The U.S. Food and Drug Administration today issued a guidance for industry, investigators and institutional review boards conducting clinical trials during the ...
Nearly one-third of clinical trial sites expect the novel coronavirus will have a “big or extremely big” impact on their ability to recruit patients for new trials or keep ...
The US Food and Drug Administration issued on Wednesday a guidance for industry, investigators and institutional review boards conducting clinical trials ...
If it's not called "toilet paper," then don't flush it. Shortages of various items have been reported amidst the coronavirus pandemic, which has seemingly sparked ...
Shopping during the COVID-19 outbreak has left toilet paper shelves empty. Sewage experts say people shouldn't flush alternatives like facial tissues, paper ...
It's a scene that's become familiar around the world: From the U.S. to France to Australia, rows of empty supermarket shelves where toilet paper used to be, the ...
Earlier this week, uncertainty caused by the coronavirus outbreak prompted the Federal Reserve to cut interest rates to near zero. But what does this actually ...
When the Federal Reserve slashed interest rates to zero Sunday night, the central bank was clearly sounding the alarm bell. Expect the Fed to keep ringing it for ...
An overnight rally in world equities collapsed as bank liquidity deteriorated to levels not seen since the 2008 financial crisis. US equities opened slightly higher, ...
The market response to the latest injection of cash by central banks into the global financial system is not what the authorities must have hoped for. Last week ...
Workers who have suddenly found themselves without a job because of the growing coronavirus pandemic in the United States are now dealing with another ...
Shares of Boeing Co. plunged Wednesday toward a seven-year low, as the prospects of a taxpayer bailout of the aerospace giant failed to allay investor fears...
A Boeing Co. bailout is to the coronavirus crisis what the bank bailouts were to the financial crisis: a systemically important — but currently deeply unpopular ...
In yesterday's session, investors pulled $6.5B from the $233B SPDR S&P 500 ETF Trust (SPY -5.2%), the most since October 2018, according to Bloomberg ...
Last week marked the 30th anniversary of the birth of exchange-traded funds (ETFs). What many people don't know is that Canada was the originator of what ...
WallachBeth's Andrew McOrmond lays out a price discrepancy happening in the iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) and what it says ...
The International Council of Shopping Centers, which represents America's malls and shopping center owners such as Simon Property Group and Kimco, has ...
Utah molecular diagnostics company Co-Diagnostics has earned emergency U.S. Food and Drug Administration approval of its COVID-19 test, which it hopes ...
The push to accelerate coronavirus testing nationwide made small advances this week, from the Pacific Northwest to the Northeast. But government and industry ...
Exposing the lie of socialism versus capitalism, central power versus federal systems with its diffusion of power and responsibility, and the effects of a dynamic ...
SEOUL - In late January, South Korean health officials summoned representatives from more than 20 medical companies from their lunar New Year celebrations ...
With Gov. Steve Sisolak ordering all non-essential businesses to close, restaurants and eateries can remain open if they have a delivery, drive-thru or pickup ...
This is a running list of every San Francisco (and a few East Bay) restaurant that has said that it will remain open during the coronavirus-related shelter-in-place ...
After North Carolina closed dining rooms and bars, restaurants can only serve takeout and delivery. Triangle restaurants are making the pivot to to-go meals and ...
Richmonders can't head to happy hour this weekend, but they can still help unemployed food and beverage industry workers with your tips - virtual tips, that is.
No. No. No. No. No. The answer from the American people across the political spectrum to the airline industry's plea for a $50 billion taxpayer-subsidized bailout ...
American Airlines' $29 billion in debt and massive share buybacks are coming under increased scrutiny as the aviation industry looks for government aid to...
Struck by the demand shock incurred by the coronavirus, the airline industry bent the knee to beg for a $50 billion government bailout, and like any good bloated ...
No. No. No. No. No. The answer from the American people across the political spectrum to the airline industry's plea for a $50 billion taxpayer-subsidized bailout ...
Starting Wednesday, all Hy-Vee grocery stores in an eight state region including Nebraska and Iowa will have shortened store hours. Starting March 18, Hy-Vee ...
IOWA — Hy-Vee announced temporary store changes in response to COVID-19 concerns, including shortened store hours. Starting March 18, Hy-Vee stores ...
Surely hell has a special place reserved for big bank advocates using a worldwide health crisis to pursue their deregulatory agenda. Witness a note issued by ...
Sorry, President Trump, the Fed can't bail us out of this one. Nor can even an audacious plan, like Treasury Secretary Steve Mnuchin's proposal to simply cut ...
Department stores Macy's, Nordstrom, Bloomingdale's and Saks Fifth Avenue are closing all stores because of the coronavirus. However, all say they are ...
Stores in Fresno and Clovis CA are announcing temporary closures due to growing concerns over coronavirus. Mall stores & chain stores like Macy's are ...
Machine learning tools have always been the ideal *content* moderators for Facebook, Google and Twitter — but COVID-19 is forcing their use before they're ...
Facebook suffered from a massive bug in its News Feed spam filter, causing URLs to legitimate websites including Medium, Buzzfeed, and USA Today to be ...
Facebook started marking some posts linking to information and articles about the coronavirus and COVID-19 as spam, as observed by one Verge reporter and ...
Facebook on Tuesday was blocking users from posting some legitimate news articles about the novel coronavirus in what appeared to be a bug in its spam ...
NEW TRIPOLI, Pa. (AP) — A Pennsylvania distillery owner who grew increasingly angry as he saw the skyrocketing price of hand sanitizer has decided to do ...
A Houston distillery's response to the coronavirus crisis is to help out by brewing up some hand sanitizer. Gulf Coast Distillers, which bills itself as the largest ...
ROCKVILLE, Md. (WJLA) — It started as a joke, but Twin Valley Distillers has turned its production line of whiskeys, bourbons, and rums into a hand sanitizer ...
CENTRAL LAKE, MI – A Northern Michigan distillery is doing its part to meet the massive need for hand sanitizer created by the ongoing outbreak of COVID-19.
Thanks coronavirus: Roughly 2700 blood drive events have faced cancellation as we collectively steer clear of mass gatherings. So, too, the number of walk-ins ...
Coronavirus concerns and social distancing guidelines have prompted organizers to cancel thousands of blood drives around the country. Now officials warn ...
The coronavirus pandemic has led to a severe blood shortage because of an “unprecedented" number of blood drive cancellations, according to the American ...
The Las Vegas Valley is experiencing a severe blood shortage as high school and college campus closures have forced dozens of blood drive cancellations ...
A group of volunteers in Italy 3D printed 100 expensive valves used for life-saving coronavirus treatments in a day after a hospital ran out of them, BBC News ...
A medical device manufacturer has threatened to sue a group of volunteers in Italy that 3D printed a valve used for life-saving coronavirus treatments. The 3D ...
After two Italian volunteers used a 3-D printer to manufacture a desperately needed ventilator component for those stricken by the coronavirus, the medical ...
TechDirt has shared this heartwarming little tale in the face of a global pandemic. A hospital in Bescia needed a special valve for a ventilator which costs ...
With Italy now at the center of active Coronavirus cases, the country is in lockdown to combat the rapid spread of COVID-19. The large number of cases means ...
Drivers for Uber and Lyft are asking a San Francisco judge to order the ride-hailing companies to pay them sick leave — as employees, not contractors — to ...
