Negotiators in the U.S. Senate reached agreement on Thursday on legislation increasing the amount of time, to 16 weeks from the current eight-week deadline, for small businesses to use Paycheck Protection Program loans, according a Senate aide.
REUTERS: Hewlett Packard Enterprise on Thursday unveiled a plan targeting gross savings of at least US$1 billion by 2022 and cut the base salaries of top executives by 25per cent as the software maker seeks to weather the coronavirus crisis. Shares, down about 35per cent this year, fell 5.4per...
France's Finance Minister Bruno Le Maire said he has not signed off on a 5 billion euro (US$5.47 billion) state-guaranteed loan to help Renault cope with the fallout from the coronavirus, and that discussions continued.
Lauren Taylor is figuring out what’s required to run a mattress store in the age of a deadly pandemic.
Negotiators in the U.S. Senate reached agreement on Thursday on legislation increasing the amount of time, to 16 weeks from the current eight-week deadline, for small businesses to use Paycheck Protection Program loans, according a Senate aide.
General Motors Co will restart its eight-speed transmission line at its plant in Silao in Mexico's Guanjuato state on Thursday, according to a company message sent to workers.
Facebook Inc will shift toward more permanently embracing remote work even after coronavirus lockdowns ease, Chief Executive Mark Zuckerberg told employees in a publicly broadcast livestream on Thursday.
Canadian e-commerce firm Shopify Inc would keep its offices closed till 2021 and allow most employees to work remotely on a permanent basis after that, Chief Executive Officer Tobi Lutke said in a tweet on Thursday.
Britain's health minister said the health service's COVID-19 smartphone app was working on the Isle of Wight, where it is being trialled, and the country's test and trace operation would be ready to launch on June 1 when the lockdown is further eased.
Ireland's Data Protection Commissioner (DPC), Apple's main regulator in the European Union, on Thursday said it was in contact with the company after a whistleblower called for action over a programme that listens to users' recordings.
