3M Co said on Friday it would increase the production of respirators and import more masks into the United States, after President Donald Trump invoked a law to help ease a shortage in the items needed to protect health staff against the coronavirus.
Ford Motor Co said on Friday Chief Executive Officer Jim Hackett's total compensation fell to $17.4 million in 2019 from $17.8 million in 2018.
Wall Street's main indexes opened lower on Friday as the novel coronavirus brought the longest U.S. employment expansion on record to an abrupt end.
The U.S. has asked banks to help it dole out at least $350 billion in loans to small businesses, part of the $2 trillion coronavirus stimulus law.
"I had a business that was closed. It was doing great, and then one day I learned I was closed. You better help," CNBC's Jim Cramer said.
Financial scammers are employing several tactics to take advantage of unsuspecting Americans amid the coronavirus pandemic.
Deep oil output cuts by OPEC and other producing nations would not be enough to prevent a huge build in global crude inventories in the second quarter as measures to contain the coronavirus lead to "unprecedented" demand loss, the head of the International Energy Agency, Fatih Birol, said.
The dollar resumed its climb against major currencies on Friday as investors took refuge in safety bids amid worsening economic fallout from the coronavirus pandemic.
The U.S. economy shed 701,000 jobs in March, abruptly ending a historic 113 straight months of employment growth as stringent measures to control the novel coronavirus outbreak shuttered businesses and factories, confirming a recession is underway.
With the future of many coronavirus hit firms in their hands, British banks, still scarred by the financial crisis, are worried that they are being asked by a desperate government to make loans that will never be repaid.
Britain's Finance Minister Rishi Sunak on Friday announced updates to a scheme designed to get banks to help businesses hit by the coronavirus.
Bank On It podcast | John Siracusa | March 11, 2020 This nugget was pulled from episode 160 from an interview with Brett Crosby, co-founder & COO of PeerStreet. This nugget is on turning a funding failure into a win. About Brett Crosby: Brett is the co-founder and COO of PeerStreet, a platform for investing
"I had a business that was closed. It was doing great, and then one day I learned I was closed. You better help," CNBC's Jim Cramer said.
Amazon, Anthem, Decker Truck Line and Home Depot posted the highest number of open job listings last week, according to CareerBuilder.
A $349 billion loan program opened April 3 for small businesses to help cushion the economic blow from the coronavirus pandemic. Independent contractors and self-employed workers must wait another week.