Norwegian Cruise Line Holdings Ltd has hired investment bank Goldman Sachs Group Inc to explore financing options that could include the sale of a stake in the company, people familiar with the matter said on Friday.
Over two frantic weeks, the U.S. government pledged US$350 billion to Main Street businesses across America desperate for cash after coronavirus lockdowns.
Netflix Inc said on Friday it had made some documentary features and series, including Our Planet and Explained, available on the company's YouTube channel for free at the request of teachers.
Ford Motor Co said on Friday it would tap debt markets to shore up its cash reserves as the coronavirus outbreak pummeled vehicles sales and halted production, resulting in an estimated loss of about US$2 billion for the first quarter.
An official charged with overseeing how the U.S. government handles US$500 billion in bailout funds said on Friday he will also monitor how companies use the cash, including for share buybacks, dividends and staff compensation.
Boeing Co said on Friday it would resume operations at production facilities in Philadelphia next week after a two week suspension due to the spread of the coronavirus.
Occidental Petroleum shareholders next month will get their first say on the oil company's troubled acquisition of Anadarko Petroleum when they vote on issuing shares and warrants to Berkshire Hathaway for helping finance the US$38 billion deal.
Ford Motor Co will launch a three-part unsecured debt offering of US$8 billion, yielding up to 9.6per cent on the 10-year loan, capital markets intelligence provider International Financing Review reported on Friday.
Retailers, restaurants and hotels - on the front lines of the coronavirus pandemic - got a combined 18per cent of the US$342 billion allocated as of Thursday under the a new federal government program to help small firms keep paying their employees during widespread shutdown, data from the agency...
Warren Buffett's Berkshire Hathaway Inc will close some smaller businesses and is positioning itself conservatively as it rides out the coronavirus pandemic, Berkshire Vice Chairman Charlie Munger said in an article published on Friday.
