U.S. Senate races to agree on massive coronavirus relief package
The Republican-led U.S. Senate scrambled on Saturday to forge a bipartisan agreement on a $1 trillion-plus bill aimed at stemming the economic fallout from the...
Shame on you, Britain tells coronavirus panic-buyers
Britain on Saturday told people who were panic-buying and hoarding food due to the coronavirus outbreak to calm down, pointing to a video on social...
Best Buy withdraws fiscal 2021 financial guidance
Best Buy Co Inc said on Saturday that the company withdrew all financial guidance for fiscal 2021, for both the first quarter and full year,...
Exclusive: Amazon raises overtime pay for warehouse workers
Amazon.com Inc said on Saturday it is raising overtime pay for associates working in its U.S. warehouses, as the world’s largest online retailer tries to...
LVMH orders 40 million masks from China for France
LVMH , the world’s biggest luxury goods group, is ordering 40 million health masks from a Chinese supplier to help France cope with the coronavirus...
Volkswagen to shut some factories for more than two weeks: CEO
German carmaker Volkswagen AG said on Saturday its factories will be closing for two weeks and in some regions three, amid growing concerns over the...
Wells Fargo asks Fed to lift cap on growth to support customers: FT
Wells Fargo & Co has asked the U.S. Federal Reserve to remove an asset cap introduced during its accounts scandal in order to allow it...
Google launches coronavirus website in the United States
Alphabet Inc’s Google said on Saturday it launched a United States-focused website with information about coronavirus guidance and testing, as the country works on slowing...
Starbucks closes most U.S., Canada cafes, moves to drive-through
Starbucks Corp said on Friday it will close most of its company operated cafes across north America for two weeks, limiting its services to drive-throughs,...
Uber suspends taxi booking option in Saudi Arabia
Uber Technologies has suspended the option to book regular taxi services through its app in Saudi Arabia until further notice, a company statement said on...