Large investors still say they aren't ready to sell as coronavirus crisis continues
Surveys showed that investors were determined to stick with stocks despite a historically bad month for the market.
Surveys showed that investors were determined to stick with stocks despite a historically bad month for the market.
Britain's biggest retailer Tesco said on Tuesday it had recruited 35,000 additional workers in the last 10 days to help get it through the coronavirus emergency, which has triggered a dramatic increase in demand for groceries.
A group of workers at Whole Foods Market called on others to phone in sick at all of the grocer's stores on Tuesday to protest what they say is a lack of adequate compensation and protections from the coronavirus.
Sales of monitors doubled in the first two weeks of March, NPD Group said, as more people started working from home.
Goldman Sachs said on Tuesday the second-quarter U.S. economic decline would be much greater than it had previously forecast and unemployment would be higher, citing anecdotal evidence and "sky-high jobless claims numbers" resulting from the coronavirus pandemic.
Tesla Inc Chief Executive Elon Musk said on Tuesday the company has extra FDA-approved ventilators that can be shipped free of cost to hospitals within regions where the electric carmaker delivers.
Global stock markets edged higher on Tuesday as investors assessed the economic damage from the coronavirus pandemic, while the MSCI benchmark of world equities was on pace to finish its worst quarter since the financial crisis of 2008.
"We don't intend to do any layoffs as a result of COVID-19," PayPal CEO Dan Schulman told CNBC on Tuesday.
Germany's Adidas on Tuesday said it will suspend a 1 billion euros share buyback it had planned for this year as a way to conserve cash after closing its retail outlets in Europe and North America.
The Federal Reserve has moved into overdrive to try to keep the U.S. economy from suffering lasting damage from the coronavirus pandemic, announcing an emergency interest rate cut on March 3 and rolling out new efforts almost weekly since, including slashing rates to zero and relaunching large-scale asset purchases.
Millions of Americans will find it hard to pay their bills during the pandemic. Here's how to decide which payments can wait and which can't.
The $2 trillion coronavirus relief package gives financial incentives, such as forgivable loans and tax credits, to businesses that retain their workers.
British bank Virgin Money said on Tuesday that it will halt until further notice the planned closure of 52 branches and 500 job losses, as it grapples with the fallout from the coronavirus outbreak.
Tax pros are cooped up at home, and some are hatching creative strategies around the new coronavirus relief law. Here's what you should know and what's viable.
Chemicals manufacturer INEOS [INEOSG.UL] said on Tuesday it will build a hand sanitiser plant in France in 10 days to help meet a European shortage and has begun production at its new British and German plants ahead of schedule.