82% of business leaders expect declines in revenues over the next six months, but more than half (54%) anticipate revenues will be back to normal in a year's time, according to YPO's survey on the impact of coronavirus.
Measures taken by authorities globally to slow the spread of the new coronavirus have compounded the outbreak's hit on the economy, with many experts now warning of a recession.
The order from Democrat Steve Sisolak Tuesday night follows similar moves by more than 10 other governors as states scramble to mitigate the risk of exposure to COVID-19.
Those bonds, issued by the World Bank's International Bank for Reconstruction and Development in 2017, were designed to pay out funds to countries which need help to contain a pandemic.
The Fremont plant is the only car-making factory Tesla operates in the U.S., and is responsible for the bulk of Model 3 sedans delivered to U.S. customers. It is also the only place where Tesla manufactures its new Model Y crossover SUVs.
Discovered in 2009, Hang Son Doong is one of the largest caves in the world. Only 1,000 travelers are allowed to explore it each year. Here is what those travelers see — from clouds and fossils to jaw-dropping passages — when they embark on a four-day journey through it.
In the central bank's latest effort to keep credit markets flowing, the Fed announced a Primary Dealer Credit Facility, which will provide up to 90 days.
Labor unions and some lawmakers want worker and consumer protections if airlines get more than $50 billion in government aid to fight the impact of the coronavirus.
The White House is seeking a stimulus package worth anywhere from $850 billion to over $1 trillion in a bid to battle the economic impact from the coronavirus pandemic.
SoftBank had planned a $3 billion tender offer for WeWork shares, which were privately held, along with a $1.5 billion acceleration of equity it has already committed and $5 billion in syndicated debt. The financing package was meant to save WeWork from an impending cash crunch last year.
A group founded by former Google CEO Eric Schmidt is huddling with venture capitalists and philanthropists tomorrow to discuss ways they can help fight the coronavirus.