With the global coronavirus outbreak showing no sign of stopping, many companies around the world are asking employees who can work remotely to do so. Pfizer (NYSE: PFE) just made it mandatory for all "customer-facing" employees in the U.S. to work remotely and avoid in-person c
Just when the week seemed like it couldn't get any more volatile, it did. But at least this time, the big move was upward -- a relief for investors after watching the Dow Jones Industrial Average fall 10% on Thursday. On Friday, the Dow rebounded and roared 9.4% higher.
On Friday, President Donald Trump announced that he has instructed the Secretary of Energy to begin buying tens of millions of barrels of oil for the Strategic Petroleum Reserve. "We're going to fill it right up to the top," he said in a White House speech that primarily focused
As the bright lights of professional sports go dark across the United States this week, some top names from the NBA were pitching in to ease the burden for arena and stadium staff facing the grim possibility of weeks without pay in the coronavirus shutdown.
New York state opened its first drive-through coronavirus test site on Friday, following a similar experiment in Seattle. Other places are set to do the same, improving availability of tests while keeping people in cars to avoid spreading the virus.
Unions and student groups in Colombia on Friday said a strike planned for March 25 to protest against the social and economic policies of President Ivan Duque will go ahead but they canceled public marches to avoid the spread of the coronavirus.
In a press conference on Friday, President Trump declared a national emergency over the COVID-19 outbreak. Stocks rebounded strongly, particularly consumer staples stocks, which finished the day up 8.5%.
As companies across the country prepare for further COVID-19 outbreaks, drugstore companies are doing their best to not only maintain inventories of sanitary supplies but also prepare for an influx of new infections. Major drugstore-chain operator Walgreens Boots Alliance (NASDA
Brazil securities industry regulator CVM said on Friday that it will grant extensions to registered share offerings, allowing companies that have received IPO authorization to delay the issue for up to 90 days.
Following the IPO Index’s sharpest drop ever recorded, one cannabis SPAC is keeping the IPO market alive, expected to raise $150 million in the week ahead. Social Capital’s latest SPACs (IPOB.U, IPOC.U) are also eligible to price this week.
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Shares of natural gas fuel company Clean Energy Fuels Corp (NASDAQ: CLNE) jumped a whopping 46.3% in trading late on Friday after the company announced a big stock repurchase program. Shares happened to close at their high today, showing that investors were pushi
Major U.S. and European airlines said on Friday they had begun discussions with governments on obtaining financial assistance to weather a crippling travel slump brought on by the coronavirus, which has cobbled global travel and threatens thousands of industry jobs.
United Parcel Service (NYSE: UPS) has a new leader. The company announced on Friday that it named Carol Tome as CEO, replacing the current occupant of that office, David Abney. The change is effective June 1.
A relentless barrage of bad news surrounding the coronavirus epidemic has begun to affect customer visits at some U.S. auto dealers and even those businesses that have thrived so far believe a big sales decline is imminent if China's experience is any guide.
While other drugmakers have been working on treatments and vaccines for COVID-19 for a month or more, Pfizer (NYSE: PFE) finally announced its plan to help with the virus today. As they say, better late than never.
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