U.S. stocks managed to post gains on Thursday after recent steep losses as policymakers around the world took further emergency actions to try to help financial markets cope with deep coronavirus-driven economic damage.
Airbnb Inc has received inquiries from potential investors who want to acquire a stake in the U.S. home rental company in the wake of the coronavirus outbreak, people familiar with the matter said on Thursday.
The leading U.S. airline trade group and dozens of other U.S. aviation industry trade groups on Thursday called for immediate grants, unsecured loans and limited tax measures to ensure the industry's ability to survive the spread of coronavirus.
The world's richest nations poured unprecedented aid into the global economy on Thursday as coronavirus cases ballooned in the new epicentre Europe, with the number of deaths in Italy outstripping those in mainland China, where the virus originated.
Activist investor Starboard Value is pressuring eBay for the second time in two years and said on Thursday that it plans to install four directors on the e-commerce company's 14-member board.
As the coronavirus pandemic threatens to bring U.S. economic activity to a halt, American businesses are jockeying for a financial lifeline from President Donald Trump's administration and Congress.
Ford Motor Co on Thursday said it will suspend production in Brazil and Argentina starting next week due to the coronavirus outbreak, joining General Motors Co and Mercedes Benz which have also announced similar measures in Brazil.
General Motors Co said on Thursday that it will suspend operations at its plant in Mexico's San Luis Potosi state from March 20 to April 13 due to the coronavirus outbreak.
Anthony Levandowski, known for advancing self-driving car technology in the last decade, agreed to plead guilty on Thursday to taking sensitive documents from his former employer Google before joining rival Uber Technologies Inc.
Brazil's coronavirus death toll rose to seven on Thursday, including the first fatalities in tourist hotspot Rio de Janeiro, as Latin America's largest nation closed more borders to visitors and the foreign minister waded into a diplomatic spat with China.
Some Amazon sellers say the online retailer's abrupt decision to stop receiving non-essential inventory in response to the coronavirus pandemic could strangle the sales they need to make payments on their Amazon loans.
JPMorgan Chase & Co Chief Executive Officer Jamie Dimon's recovery from recent heart surgery is going well and the face of the U.S. banking industry could be back to work as soon as mid-April, a source said on Thursday.
French luxury goods maker LVMH , which last year agreed to buy Tiffany & Co for $16.2 billion, is considering buying shares of the U.S. jeweler for less on the open market, Bloomberg News reported https://www.bloomberg.com/news/articles/2020-03-19/lvmh-is-said-to-consider-buying-tiffany-shares-on-open-market on Thursday, citing people familiar with the matter.
Latin America's largest carrier on Thursday cut the salaries of its 43,000 workers as Panama and Colombia imposed the toughest regional travel bans yet - a month of no international travel - to weather the coronavirus crisis.
Shattered airlines were left counting the cost of government support as politicians in the United States and New Zealand set out conditions for bailouts needed to absorb the shock of coronavirus.