Wall Street analysts and investment managers expect another rough week for U.S. markets due to coronavirus fears, with a wild open for futures on Sunday evening as lawmakers battled over an economic aid package in Washington.
The special committee of WeWork's board is preparing for a fight against Japan's SoftBank Group Corp saying that SoftBank should complete its tender offer promised to the office sharing company's employees and shareholders.
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.
The Trump administration on Friday said it was soliciting public comments on lifting additional tariffs on Chinese imports that could help the United States battle the coronavirus pandemic, showing some flexibility in its trade war against Beijing.
Alphabet Inc's Google said on Saturday it launched a United States-focused website with information about coronavirus guidance and testing, as the country works on slowing the spread of the highly contagious virus.
Uber Technologies has suspended the option to book regular taxi services through its app in Saudi Arabia until further notice, a company statement said on Friday.
Starbucks Corp said on Friday it will close most of its company operated cafes across north America for two weeks, limiting its services to drive-throughs, to help stem the spread of the highly contagious coronavirus.
Panasonic Corp said on Saturday it will temporarily suspend production at its battery joint venture with U.S. electric carmaker Tesla Inc in Nevada because of the coronavirus outbreak.
Jobless claims across New York are spiking as the coronavirus forces restaurants and bars to lay off employees en masse.
College students will miss graduations and have been denied opportunities to study abroad, but others have no home to go to and can't afford housing during the coronavirus pandemic.
German carmaker Volkswagen AG said on Saturday its factories will be closing for two weeks and in some regions three, amid growing concerns over the spread of the coronavirus.
Wells Fargo & Co has asked the U.S. Federal Reserve to remove an asset cap introduced during its accounts scandal in order to allow it to support businesses and customers hit by the coronavirus economic fallout, the Financial Times reported.
Finding the market's bottom involves creating a framework to assess the implicit assumptions in the market, the business sustainability, cash flow and balance sheets of the companies in which we invest.
Frauds linked to the coronavirus are already surfacing, and they resemble wrongdoing that emerged during the financial crisis over a decade ago.
Amazon.com Inc said on Saturday it is raising overtime pay for associates working in its U.S. warehouses, as the world's largest online retailer tries to meet the rapidly growing demand for online shopping from consumers stuck at home during the coronavirus outbreak.