Morgan Stanley pledged to not cut any jobs this year, according to a memo seen by Reuters, as the Wall Street bank sought to reassure employees worried about their jobs during the coronavirus pandemic.
Home healthcare providers, the lifelines to 12 million vulnerable Americans, are scrambling to decide how to serve patients who show symptoms of coronavirus - and how to ensure that the providers themselves neither catch nor spread it.
Ross Stores Inc said in a letter to vendors on Thursday it would cancel all merchandise purchase orders through June 18 due to the impact the coronavirus has had on its business.
Two weeks. Maybe a month.
SINGAPORE: Singapore Airlines (SIA) is tapping existing investors for up to S$15 billion (US$10.48 billion) through the sale of shares and convertible bonds to offset the shock to its business from the coronavirus outbreak. The fund raising is being underwritten by the airline's biggest investor ...
Daimler is in talks with lenders for a credit facility of at least 10 billion euros (US$11.03 billion) to help the car company cope with the coronavirus outbreak, Bloomberg reported on Thursday.
Cirque du Soleil Entertainment Group is exploring debt restructuring options that include a potential bankruptcy filing, after it was forced to cancel shows because of the coronavirus outbreak, people familiar with the matter said.
The Federal Reserve announced Thursday it was giving small U.S. banks another month to file financial statements due at the end of March.
PARIS: Huawei drove into its post-Google era on Thursday (Mar 26) with a flagship smartphone that uses none of the Android maker's apps now that the Chinese group has been blacklisted by US authorities. The new P40 might not be the first Google-free phone launched by Huawei, it is...
Senior cabinet officials in the Trump administration agreed to new measures to restrict the global supply of chips to China's Huawei Technologies, sources familiar with the matter said, as the White House ramps up criticism of China over coronavirus.
