CBC News | Kathleen Harris | March 30, 2020 PM warns of 'serious consequences' for companies that abuse the system Businesses and non-profit organizations seeing a drop of at least 30 per cent in revenue due to COVID-19 will qualify for the government's 75 per cent wage subsidy program, Prime Minister Justin Trudeau announced today
U.S. manufacturing activity contracted less than expected in March, but disruptions caused by the coronavirus pandemic pushed new orders received by factories to an 11-year low, reinforcing economists' views that the economy was in recession.
With auto showrooms shut during the coronavirus pandemic, Fiat Chrysler and General Motors Co moved to reboot demand moved to reboot demand with seven-year, no interest loans and programs allowing customers to buy vehicles online.
((This March 18 story, corrects headline and first paragraph to say aid requested was $325, not $455 billion.))
Kroger Co's comparable sales surged about 30% in March as consumers stockpiled due to the coronavirus pandemic, and the grocer said it had borrowed $1 billion to boost its cash reserve as it prepared for any fallout from the health crisis.
Insurers are increasingly worried about shareholders, employees or customers bringing coronavirus-related claims against company executives and are considering excluding the virus from policies which protect the bosses, industry sources say.
A Swiss distillery has converted its production of pear schnapps to make disinfectant hand gel for use against the coronavirus.
The Dow Jones tumbled more than 700 points on Wednesday as investors fled to safe-haven assets after new orders for U.S.-made goods plunged to an 11-year low and private payrolls fell for the first time since 2017.
U.S. shale producer Whiting Petroleum filed for bankruptcy on Wednesday, in what Jim Cramer said could be "the first of many."
In an interview with The New York Times, House Speaker Nancy Pelosi raised the prospect of retroactively reinstating the state and local tax deduction. If this happened, you may be filing amended returns for 2018 and 2019.
As travel policies continue to change amid the global pandemic, experts offer advice on how to cancel or change your next trip.
Nasdaq Markets | Brian Withers | March 31, 2020 Amid the market volatility, two financial services companies held investor presentations in the past several weeks. Digital payments ecosystem Square (NYSE: SQ) and financial services company American Express (NYSE: AXP) provided updates on the current market situation, and, more importantly, their long-term growth plans. Both companies play
U.S. House Speaker Nancy Pelosi urged the U.S. Treasury on Wednesday not to hold up $25 billion in cash grants approved by Congress last week to airlines for payroll costs.
FintechZoom | Jung Min-seo | April 1, 2020 What’s the cybersecurity risk panorama for fintechs in 2020? Accenture’s perception offers some readability The tempo of digital transformation throughout the monetary panorama continues to quicken. In such an atmosphere the digital or cyber risk proposition evolves quickly, making it important to take care of the best
Fintech Magazine | By Matt High | March 31, 2020 We take a closer look at the eight innovative virtual banks that are digitally disrupting Hong Kong's financial services industry using technologies like AI, machine learning and Big Data With a national GDP of $341.4bn, Hong Kong is a rapidly growing economy and a centre