Berkshire will shut some businesses, stay cautious in coronavirus ‘typhoon,’ Munger tells WSJ
Warren Buffett’s Berkshire Hathaway Inc will close some smaller businesses and is positioning itself conservatively as it rides out the coronavirus pandemic, Berkshire Vice Chairman...
Oil mixed as weak Chinese data, growing U.S. supplies offset Trump plan to ease lockdown
Oil prices were mixed on Friday, with weak Chinese economic figures and rapidly filling U.S. crude storage offsetting bullishness built on U.S. President Donald Trump’s...
Netflix adds $50 million to relief fund for production workers
Netflix Inc has increased the amount of money in its coronavirus emergency relief fund by $50 million, bringing the total for displaced production workers to...
Former Carige CEO frontrunner for head of Monte Paschi: sources
Former Carige CEO Guido Bastianini is the frontrunner to become the new head of lender Monte dei Paschi di Siena as the nomination process at...
Cash is king as U.S. quarterly reporting season gains steam
As the U.S. quarterly earnings season picks up steam next week, investors will get an early glimpse of how companies are weathering the coronavirus outbreak,...
Wall Street climbs on Boeing, Trump’s reopening plan
Wall Street bounced on Friday, boosted by a surge in Boeing shares, with President Donald Trump’s plan to reopen the economy and hopes of a...
Norwegian Air to overhaul its strategy in wake of pandemic: bondholder
Norwegian Air , which is seeking creditor support for its rescue plan, has told bondholders it will overhaul its strategy in the wake of the...
Uniper installs new directors at Fortum’s request
Uniper announced on Friday the appointment of new directors following the resignation of a raft of supervisory board members earlier this month, after Finland’s Fortum...
GM dispatches first batch of ventilators for COVID-19 patients
General Motors said on Friday it had started delivering the first batch of 54 ventilators to U.S. hospitals treating severely ill COVID-19 patients....
NYSE and Nasdaq challenger MEMX delays launch due to coronavirus crisis
The Members Exchange (MEMX), a new bourse backed by major Wall Street firms looking to take on the New York Stock Exchange and Nasdaq Inc...