President Donald Trump has signed off on a plan to defer U.S. tariffs for most-favored nations for three months, according to a source familiar with the decision.
Nine Democratic U.S. senators on Tuesday urged the chief executives of 11 major airlines to issue full cash refunds to customers canceling flights during the coronavirus pandemic after Congress approved a massive rescue package for the hard-hit industry.
An independent group of workers at Whole Foods Market called on colleagues to phone in sick to the grocer’s stores on Tuesday to protest what they say is a lack of adequate compensation and protections from the coronavirus.
Xerox Holdings Corp decided on Tuesday to abandon its $35 billion hostile cash-and-stock bid for HP Inc after the coronavirus outbreak put the brakes on its takeover campaign, according to people familiar with the matter.
Global stock markets fell in volatile trading on Tuesday, and the economic damage from the coronavirus pandemic left the MSCI benchmark of world equities with its biggest quarterly decline since the financial crisis of 2008.
The decision came after Xerox said earlier this month it would postpone meetings with HP shareholders to focus on coping with the coronavirus pandemic. It is a blow to billionaire investor Carl Icahn, who owns big stakes in both companies and had pushed for their merger. Xerox’s board concluded that pursuing the takeover without having access to HP’s books, so that it could assess the impact of the coronavirus pandemic on HP’s business, would be too risky, the sources said. …read more […]
Daily U.S. user volumes rose to a record 4.84 million on Monday for Zoom, as millions of children switched to virtual learning programs and companies asked employees to work from home to contain the outbreak. Business-focused Teams was used by 1.56 million users on the same day, while Slack saw less than 500,000 users. Zoom declined to comment on usage statistics, but its active users in March were 151% higher on average from a year earlier, according to Apptopia. …read more […]
Yahoo Finance’s Editor-in-Chief Andy Serwer sat down with Former National Security Advisor Susan Rice to discuss the U.S. government’s response along with New York Governor Andrew Cuomo’s response to the coronavirus pandemic. …read more […]
Yahoo Finance’s Dan Howley joins Seana Smith to discuss the new FBI warnings about the safety of video conferencing software Zoom. …read more […]
Johnson & Johnson Chief Scientific Officer Dr. Paul Stoffels joins Yahoo Finance’s On The Move panel to discuss a potential vaccine for COVID-19. …read more […]
___ WHAT DO I HAVE TO DO TO GET THE CHECK? ___ I DON’T USUALLY HAVE TO FILE TAXES. DO I STILL GET A PAYMENT? Yes. ___ I DIDN’T USE DIRECT DEPOSIT ON MY TAXES, WHAT CAN I DO? ___ WHERE DO I DO THIS? …read more […]
Top U.S. officials have for now put aside a proposal for an alliance with Saudi Arabia to manage the global oil market, according to three sources with knowledge of the matter, an idea one of them said came from White House national security advisers.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
