Mondelez raises hourly wage, hands out weekly bonus as virus worries fuel demand
Mondelez International Inc on Monday said it would increase hourly wage by $2 and pay a $125 weekly bonus for its sales representatives as it...
Bombardier to suspend business jet production in Canada over coronavirus: source
Bombardier will suspend Canadian production of its corporate jets to comply with restrictions imposed by provincial governments aimed at curbing the spread of the coronavirus,...
Fed’s big move could help U.S. Treasury liquidity, but effects may not last long
The Federal Reserve’s unparalleled steps to directly backstop the U.S. economy and its willingness to purchase vast sums of U.S. government debt, mortgage-backed securities and...
At Alibaba’s Lazada, coronavirus measures become the latest culture conflict
At Lazada, the Southeast Asian arm of Alibaba Group Holding, staff are furious over demands they submit health reports daily and other coronavirus-prevention steps seen...
Historic Fed boost fails to stop Wall Street’s coronavirus-driven sell-off
Wall Street’s slide deepened on Monday as an unprecedented moves by the U.S. Federal Reserve to shore up credit across the economy proved insufficient to...
Some U.S. wealth advisers tell clients to stay put as markets fall
The deepest U.S. stock market sell-off since the 2008 financial crisis is prompting some financial advisers to tell wealthy clients to hold steady or even...
Crude edges higher, U.S. gasoline slumps over 30% on sinking demand
Oil prices inched higher on Monday, while U.S. gasoline prices plunged more than 30% to a record low as global restrictions on travel to slow...
Airbus sees airlines seeking to defer or cancel orders
Airbus said in a stock market filing on Monday that customers could seek to cancel or postpone delivery of airliners and helicopters as the coronavirus...
Boeing suspending Washington state production due to coronavirus risks
Boeing Co said on Monday it would halt production at its Washington state twin-aisle jetliner factory as a temporary measure to help fight the coronavirus...
U.S. SEC warns against illegal trading during coronavirus disruption
U.S. Securities and Exchange Commission officials on Monday warned corporate insiders against insider trading during the disruptions caused by the coronavirus....