The auto industry is reeling amid the coronavirus. TPG Global senior advisors and former Ford CEO Mark Fields chats with Yahoo Finance. …read more […]
EU industry chief Thierry Breton on Wednesday said he did not see any ulterior motive behind Huawei’s [HWT.UL] donations of face masks to the bloc and that solidarity was the best way to tackle the global coronavirus outbreak.
AT&T Inc on Wednesday named Jason Kilar, former head of video streaming platform Hulu, as chief executive officer of its WarnerMedia unit starting in May, when it plans to launch its HBO Max service to compete with streaming heavyweights Netflix and Disney+.
NexTech AR Solutions (OTC: NEXCF) Emerging leader in $120 billion Augmented Reality mega-trend. NEXCF now PERFECTLY POSITIONED to benefit from new “Coronavirus Paradigm” as AR Remote Work/Learning adoption accelerates. Current Stock […]
The Dow Jones fell 600 points on Wednesday as investors fled to safe-haven assets after new orders for U.S.-made goods plunged to an 11-year low and the White House issued a dire warning on the U.S. death toll from the coronavirus pandemic.
The EU executive proposed on Wednesday a wage-subsidy scheme to encourage employers to cut workers’ hours rather than their jobs amid the coronavirus epidemic, a plan that could be worth 100 billion euros in borrowing guaranteed by all EU countries.
U.S. House Speaker Nancy Pelosi urged the U.S. Treasury on Wednesday not to hold up $25 billion in cash grants approved by Congress last week to airlines for payroll costs.
AT&T Inc on Wednesday named Jason Kilar, former head of video streaming platform Hulu, as the chief executive officer of its unit WarnerMedia, effective May 1.
Uber Eats and Delivery Hero are expanding from providing restaurant meals into supplying groceries to customers stuck at home during lockdowns triggered by the coronavirus crisis.
Healthcare companies are racing to find a cure for coronavirus. CytoDyn CEO & President Nader Pourhassan joins Yahoo Finance’s On The Move panel to discuss how Leronlimab plans to combat COVID-19. …read more […]
Brent crude fell while U.S. futures dipped before recovering on Wednesday, after U.S. crude inventories rose last week by the most since 2016, while gasoline demand fell sharply due to the coronavirus pandemic.
Emily Roland, John Hancock Investment Management Co-Chief Investment Strategist, addresses how U.S. markets have their worst quarter since the 2008 recession and how long it could take for a recovery. Roland joins Yahoo Finance’s On The Move to discuss. …read more […]
(Bloomberg) — The unprecedented collapse in global oil markets brought another driller to its knees, forcing a champion of what was once the premier U.S. shale field to seek protection from creditors.Whiting Petroleum Corp., facing more than a quarter-billion dollar debt maturity, filed for bankruptcy Wednesday, perhaps the most illustrious of the shale explorers thus far humbled by an unforgiving rout in every corner of the oil business.American crude has surrendered two-thirds of its value this year and just closed out its worst-ever quarterly performance. As many as 70% of the nation’s 6,000 oil explorers eventually may go under, according …read more […]
White House officials project roughly 240,000 fatalities due to the coronavirus pandemic. Yahoo Finance’s Jess Smith breaks down the latest developments. …read more […]
The images of eerie empty streets, along with the sight of masked civilians roaming around, all add to the sense that we are currently on the set of a dystopian sci-fi movie. Add into the mix the race among pharmaceutical companies to develop a COVID-19 vaccine or treatment, and the drama is further enhanced. But as we all know, this is no screenplay, but current daily life around the globe. Vying for a starring role in this real-life drama is biotech Moderna (MRNA). The messenger RNA specialist is developing mRNA-1273, a vaccine against COVID-19 currently in Phase 1 testing, and …read more […]
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