Comcast pledged $500 million to employees whose jobs have been affected by coronavirus. CEO Brian Roberts and other senior leaders are donating their annual salaries to coronavirus-related charities.
"I still think big manufacturers are stuck in the mindset that 'my supply chain is in Asia and I'm dead in the water' until they come back on line, said Pindel CEO Bill Berrien.
The coronavirus appears to be splitting the mortgage market as more borrowers rush to refinance to save money on monthly payments and potential homebuyers back away fast.
Domestic violence programs and shelters in New York, the state with the most coronavirus cases, are seeing a decline in at-risk clients, who are staying home as the disease spreads.
Part of the USTA Billie Jean King National Tennis Center in Queens will be converted into a temporary hospital with 350 beds for non-ICU patients from Elmhurst Hospital.
"We are not at war. Sailors do not need to die. If we do not act now, we are failing to properly take care of our most trusted asset — our Sailors," wrote Capt. Brett Crozier of the USS Theodore Roosevelt.
The coronavirus crisis is going to push unemployment past 10%, but it may not be as bad as some forecasts, Cleveland Federal Reserve President Loretta Mester said in a CNBC interview Tuesday.
The digital fitness company extended the free trial of its app to 90 days, which led to a surge in downloads as gyms across the nation close due to stay-at-home mandates
Four days after signing an unprecedented $2 trillion relief bill to blunt the economic damage from the coronavirus pandemic, the president on Tuesday called for the U.S. to spend another $2 trillion on a massive infrastructure package.
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