Extended coronavirus vaccines could hit many of the Vision Fund's largest investments, including Uber, Didi, Grab and WeWork, particularly hard as consumers stay home.
The Securities and Exchange Commission warned against trading on non-public information related to the coronavirus. It came after disclosures of stock sales by New York Stock Exchange Chairman Jeff Sprecher, and his wife, Sen. Kelly Loeffler, R-Ga.
Nordstrom said Monday it is suspending its dividend, halting share buybacks and has drawn down $800 million on its revolving credit facility, in the midst of the coronavirus pandemic.
Senators Cory Booker and Sherrod Brown introduced a bill that on Sunday would temporarily bar banks, credit unions and other financial institutions from charging overdraft fees until the coronavirus crisis is over.
Facebook has introduced new paid-time off programs that will allow employees to take up to a month away from work to care for sick relatives in light of the coronavirus outbreak.