One of the largest advertising holding companies, Interpublic Group of Cos., said Thursday it's withdrawing its financial performance targets for full-year 2020 because of the impact of the COVID-19 outbreak.
House Speaker Nancy Pelosi holds her weekly press briefing Thursday, a day after the Senate passed a $2 trillion economic stimulus bill in response to the deadly coronavirus outbreak.
Fiat Chrysler has established a new credit facility of about $3.8 billion as it attempts to manage through the coronavirus pandemic that has forced it to shutter many operations globally.
"Would this possibly become a seasonal cyclic thing? I've always indicated to you that I think it very well might," says Dr. Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases.
The central bank chief said the Fed's actions will help provide capital to businesses that need it and will be especially helpful once the virus is brought under control.
Apple has launched new iPhones in September or October every year since 2011. In most years, a successful launch of the new devices, which account for over half of Apple's revenue, is critical for the company.
The Senate announced they had arrived at a deal early Wednesday morning after days of bitter partisan divide. There had been hope it could fast track the deal to the desk of President Donald Trump quickly.
The goveror's criticism came as White House officials made clear that President Trump planned to sign the $2 trillion coronavirus relief bill into law.
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