Delta Air Lines Inc expects its second-quarter revenue to fall by US$10 billion, representing an 80per cent reduction compared with a year earlier, the company said on Friday, as the coronavirus hurts travel demand.
Macy's Inc said on Friday it would suspend its quarterly dividend and withdrew its 2020 sales and profit forecasts due to ongoing disruptions from store closures on the back of the fast-spreading coronavirus.
Alphabet Inc's Google on Friday canceled its annual developer conference, two weeks after calling off the in-person portion of the event due to the coronavirus outbreak.
Blackrock , the world's largest asset manager, will freeze global hiring for "a few weeks" amid the coronavirus pandemic, a source familiar with the situation said on condition of anonymity.
McDonald's Corp has suspended share buybacks to help it navigate thorough the coronavirus crisis, but has not changed its dividend policy, Chief Executive Officer Chris Kempczinski told CNBC in an interview on Friday.
Lyft Inc on Friday told drivers they could sign up for work driving deliveries under a new service as ride-hailing demand plummets during the rapid spread of coronavirus in the United States.
Bank of America Corp's consumer bank has hired 1,700 people in critical support roles so far this month, a spokesman said on Friday, as the industry faces a surge in customer service demand due to coronavirus concerns.
Kraft Heinz speaks daily with Amazon.com and Walmart Inc, hoping to speed up deliveries as customers worldwide stay home and shop online to protect themselves from the COVID-19 pandemic, Kraft Heinz's CEO said on Friday.
Fiat Chrysler , Toyota Motor Corp and Renault announced on Friday they will stop auto production in Brazil temporarily due to the coronavirus.
Banks across the United States announced plans to close branches this week, switching many to drive-through and ATM operations only, as financial institutions work to keep going despite the coronavirus and widespread closures of schools and businesses.
