Online learning rockets in coronavirus pandemic, says Pearson
Britain’s Pearson has seen an “explosion” in demand for online learning, with traffic across its platforms quadrupling as millions of children start to adapt to...
Daimler in talks for 10 billion euro credit line: Bloomberg
Daimler is in talks with lenders for a credit facility of at least 10 billion euros ($11.03 billion) to help the car company cope with...
Toyota extends shutdown of North American plants through April 17
Toyota Motor Corp said it will extend a shutdown of all North American plants for two weeks due to the ongoing COVID-19 pandemic and decline...
Two Tesla employees test positive for coronavirus: Business Insider
Two employees of Tesla Inc have tested positive for coronavirus, Business Insider reported on Thursday, citing an internal email....
Exclusive: Cirque du Soleil explores options including bankruptcy – sources
Cirque du Soleil Entertainment Group is exploring debt restructuring options that include a potential bankruptcy filing, after it was forced to cancel shows because of...
Federal Reserve gives small banks more time to file March financial statements
The Federal Reserve announced Thursday it was giving small U.S. banks another month to file financial statements due at the end of March....
U.S. weekly jobless claims soar to record 3.28 million
The number of Americans filing claims for unemployment benefits surged to a record of more than 3 million last week as strict measures to contain...
Morgan Stanley promises no job cuts in 2020 as coronavirus crisis grows
Morgan Stanley pledged to not cut any jobs this year, according to a memo seen by Reuters, as the Wall Street bank sought to reassure...
IATA pleads for more help for airlines after U.S. offers $58 billion aid
The International Air Transport Association (IATA) on Thursday urged the world’s major economies to act quickly to prevent irreversible damage to an airline industry that...
Oil prices sink as crippled demand outweighs stimulus hopes
Oil prices fell on Thursday after three sessions of gains as restrictions on travel worldwide crimped fuel demand, with U.S. crude futures plunging about 4%...