The U.S. Senate is readying a plan to get the U.S. economy through the coronavirus pandemic, a plan that could be in the trillions of dollars. The market will believe it when it sees it, as futures tumble.
Airbus confirmed on Sunday it would resume only partial aircraft production when its French and Spanish factories reopen on Monday after a four-day shutdown to tackle health concerns over the coronavirus.
Virgin Australia Holdings Ltd said on Monday it expected to make a material reduction in its domestic capacity after the Australian government advised against non-essential domestic travel and some states tightened travel restrictions because of the coronavirus.
SkyCity Entertainment Group said on Monday it would shut its casino in Adelaide in line with an Australian government order and was preparing for the likely closure of properties in New Zealand to try to control the spread of the coronavirus.
Brazilian planemaker Embraer is putting all its Brazil-based employees who cannot work remotely on paid leave until March 31, the company said on Sunday, adding that only "a few essential operations" will be maintained.
Gilead Sciences Inc said on Sunday it was temporarily putting new emergency access to its experimental coronavirus drug remdesivir on hold due to overwhelming demand and that it wanted most people receiving the drug to participate in a clinical trial to prove if it is safe and effective.
The U.S. Justice Department on Sunday said it cracked down on a website that was fraudulently offering to sell vaccines for warding off the deadly coronavirus.
The novel COVID-19 coronavirus outbreak has impacted the lives of billions of people. Cities, states, and countries have taken actions to try and limit its spread. The countermeasures have caused worldwide economic activity to slow significantly.
The fear created by the outbreak of COVID-19 coronavirus is taking the world by storm, and the specter of a pending recession is looming. While recessions are a natural and expected part of economic systems, they also raise justifiable concerns about the ability of businesses to
Even in the midst of a crisis, money continues to move -- somewhere. And while the economic fallout from the COVID-19 pandemic will likely be dealt with for some time, there are early signs that certain business models will be particularly resilient.
Despite the economic slowdown expected from the measures being used to slow the spread of the new coronavirus, the world is not coming to an end. Indeed, there are signs of hope already sprouting. Researchers have found a promising potential treatment using a combination of a de
Stocks are dropping and yields are rising, but that isn't exactly a dream come true for income investors, as a lot of stocks taking on water are likely to slash their dividends as the economy turns. Let's look at some of the more promising companies packing sustainable dividends
Recently, Abercrombie & Fitch (NYSE: ANF) decided to close all of its stores outside the Asia-Pacific (APAC) region for approximately two weeks in an effort to slow the spread of the coronavirus. Either by choice or by government mandate, other retailers and restaurants hav
These are unprecedented times for investors. The global economy is grinding to a halt so that we can stop the spread of the COVID-19 outbreak. The uncertainty is palpable. The volatility is extreme.
It's been a tough month for investors, and aerospace stocks have offered little refuge from the overall market slump. The global COVID-19 pandemic has caused economic activity to grind to a halt, disrupting supply chains and raising fears of a recession.
With the coronavirus pandemic worsening in the U.S. and with companies scrambling to set employees up to work remotely, Apple (NASDAQ: AAPL) is getting kudos for how it's handling the outbreak so far.
Many movies are canceling their planned spring releases, either picking new dates later in the year or simply leaving their premiere dates unsettled for now. Comedy film The Lovebirds, produced by Media Rights Capital and distributed by Viacom CBS's (NASDAQ: VIA) (NASDAQ: VIAC)
Whether through the $1 trillion stimulus package or a separate bill, it is clear that the U.S. Small Business Administration is about to get a whole lot more funding authority in order to help businesses affected by coronavirus. President Trump has already instructed Congress to