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Business News

Exclusive: Ferrari and Fiat look at helping Italy make ventilators in coronavirus crisis

Italian carmakers Ferrari and Fiat Chrysler are in talks with the nation’s biggest ventilator manufacturer to help to boost production of the life-saving machines that are urgently needed in the coronavirus crisis, company officials said on Thursday.

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Trading Ideas

How to Make Money During a Crisis

We live in truly historic times. The coronavirus is ravaging the structure of our society in a way we have never seen. We may be on the verge of a major recession or even an economic collapse. The stock market has been crashing. Given that, investors want to know how to make money during a crisis.
We have answers.

Two Different Crisis Investing Strategies
There are two ways to think about how to make money in the stock market right now. One way is to play the long game. To do so, you need to allow the stock market to stabilize. You …read more […]

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Trading Ideas

Ford hoards cash, withdraws profit forecast amid coronavirus outbreak

Ford Motor Co on Thursday moved to hoard cash on its balance sheet, drawing down $15.4 billion from two credit lines and suspending its dividend, in a move to bolster reserves to ride out damage to its business from the coronavirus pandemic. The move will give Ford more than $37 billion in cash, almost matching the revenue it reported in the fourth quarter. Morgan Stanley analyst Adam Jonas said in a research note that corporate liquidity during the outbreak was “top of mind” and that U.S. automakers had strong balance sheets. …read more […]