Business & Finance News
The U.S. telecoms regulator said Friday that major internet providers – including Comcast Corp, AT&T Inc and Verizon Communications Inc – agreed not to terminate service for subscribers for the next 60 days if they are unable to pay their bills due to disruptions caused by the coronavirus.
Chilean President Sebastian Pinera announced a ban on public events with more than 500 people on Friday, as the government tries to curtail the spread of coronavirus even as massive social demonstrations are planned in the coming weeks.
The Associated Press is temporarily closing its office from Friday in Washington, D.C. after one of its staff journalists, who had direct contact with a possible coronavirus patient, showed some symptoms of illness, the AP reported.
Corporate America joined the fight against the spread of coronavirus on Friday, as President Donald Trump and executives announced that Google would offer a website to help people determine whether they needed tests and retailers would set up drive-through testing in parking lots.
Panama’s Health Minister Rosario Turner on Friday said the number of confirmed coronavirus cases in the Central American country has risen to 36, and includes three foreigners.
Guatemala has extended a ban on arrivals from countries more heavily affected by the coronavirus outbreak to include the United States and Canada, President Alejandro Giammattei said on Friday.
Warren Buffett’s Berkshire Hathaway Inc said on Friday that former American Express Co Chief Executive Officer Kenneth Chenault has been nominated to the conglomerate’s board of directors, replacing Microsoft Corp co-founder Bill Gates.
The United States will suspend travel from certain European countries for 30 days beginning at midnight on Friday as part of an effort to stem the spread of the coronavirus.
From Jersey City on the East Coast to Los Angeles on the West Coast, American shoppers picked grocery store shelves clean on products ranging from disinfectants to rice, causing retailers to race to restock their stores as the worsening coronavirus crisis stoked fears of shortages.
As U.S. financial markets reel from a week of historic swings, industry veterans are drawing on memories from their earliest years on Wall Street, while younger professionals are looking to lessons from history books.
A relentless barrage of bad news surrounding the coronavirus epidemic has begun to affect customer visits at some U.S. auto dealers and even those businesses that have thrived so far believe a big sales decline is imminent if China’s experience is any guide.
President Donald Trump declared a U.S. national emergency over the quickly spreading coronavirus on Friday, opening the door to more government aid to combat a pathogen that has infected more than 138,000 people worldwide and left over 5,000 dead.
Wall Street staged a furious rally in the waning moments of the session on Friday after U.S. President Donald Trump declared a national emergency to combat the rapidly spreading coronavirus, although major averages still suffered sharp losses for the week.
The International Monetary Fund and World Bank Group on Friday advised their Washington headquarters staff to work from home after an IMF employee was diagnosed with COVID-19, the disease caused by the coronavirus.
The U.S. Federal Aviation Administration (FAA) said on Friday it has begun a probe following an in-flight incident involving an older 737 aircraft manufactured by Boeing Co and flown by Southwest Airlines .
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