Apple Inc has agreed to pay up to $500 million to settle litigation accusing it of quietly slowing down older iPhones as it launched new models, to induce owners to buy replacement phones or batteries.
Goldman Sachs Group Inc has told its staff that all non-essential international business travel should be postponed, according to a memo seen by Reuters.
Banks and exchanges in Europe are readying out-of-town offices, splitting shifts and isolating some teams to ensure they can keep trading if coronavirus spreads in more major financial centers.
Barring an October 2008 plunge of 14.6%, quick market sell-offs tend to lead to positive returns just two weeks after the fall.
ProfGalloway | Scott Galloway | Feb 28, 2020 The worst thing about a cataclysmic weather event, or a single-stranded-RNA virus that wipes out the species is … it might impact the economy. Take my eyes, but don’t let the NASDAQ breach 8,000! That’s how it feels, no? In a capitalist society, good or bad, the first
More and more young adults are living with their parents. Here's how they can strike out on their own.
Farm equipment maker Deere & Co on Monday named Chief Executive Officer John May chairman, effective May 1.
U.S. sportswear giant Nike said on Monday its European headquarters in the Netherlands would be closed until Wednesday after an employee was infected with the new coronavirus.
Britain's financial services industry could fare less well than energy, autos and other sectors under a free trade deal with the United States, the government said on Monday.
Jack Welch, one of the most influential business leaders and former chief executive officer of General Electric Co , has died at the age of 84.
Jack Welch, the legendary CEO who led General Electric Co for two decades to create the most valuable public company in the United States, died at the age of 84.
Global factories took a beating in February from the coronavirus outbreak, with activity in China shrinking at a record pace, surveys showed on Monday, raising the prospect of a coordinated policy response by central banks to prevent a global recession.
British Airways on Monday said it was cancelling some flights from London to the United States to match reduced demand for flying due to the impact of a new coronavirus on consumer sentiment.
The International Monetary Fund and the World Bank on Monday said they stood ready to help member countries address the human and economic challenges of the fast-spreading coronavirus outbreak, including through emergency funding.
U.S. stock indexes rose on Monday, recovering from steep declines amid a spell of bargain hunting, while investors hoped that monetary stimulus from central banks would help tide over the potential economic impact of the coronavirus.