Airlines seek cost cuts and aid to survive coronavirus
British Airways warned of job losses and Norwegian Air said it had “weeks not months” to avert collapse, as airlines look for cost cuts and...
Your Money: Furloughed college students struggle financially
George Curtis is facing a severe financial crisis....
Volkswagen’s Spanish unit SEAT to stop on Monday: spokesman
The main plant of Volkswagen AG’s Spanish unit Seat in Martorell near Barcelona will stop output on Monday for an unspecified time due to logistical...
AT&T asks employees to work from home amid virus fears
U.S. carrier AT&T Inc on Friday asked its employees to work from home amid rising fears of the coronavirus, joining a list of tech majors...
Several Renault-Nissan plants in Spain halted amid coronavirus outbreak
Several Renault-Nissan plants in Spain halted production temporarily on Friday or were planning stoppages next week due to a lack of parts amid the coronavirus...
Exclusive: U.S. Fed, banks discuss possible leniency on liquidity threshold to aid lending, sources say
The U.S. Federal Reserve is talking with lenders about potentially going easy on them if they deplete their liquidity reserves while trying to support customers...
Major U.S. internet firms agree to not cancel service over next 60 days, FCC says
The Federal Communications Commission (FCC) said Friday that major internet providers — including Comcast Corp, AT&T Inc and Verizon Communications Inc — have agreed to...
Wall Street rebound loses steam on report Trump to declare emergency
A rebound on Wall Street on Friday fizzled out following reports that President Donald Trump was set to declare a national emergency to tackle the...
Activist fund Elliott backs SoftBank’s $4.8 billion buyback plan
Activist investor Elliott Management said on Friday it supports SoftBank Group Corp’s latest move to buy back up to $4.8 billion of its shares....
Wall Street pares gains as report says Trump to declare national emergency
U.S. stock indexes erased early gains to trade just above 1% shortly after a report said President Donald Trump will declare a national emergency over...