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AMC Theatres furloughs CEO, corporate employees due to virus

AMC Entertainment Holdings Inc , the world's largest theater operator, has placed its chief executive and all of its corporate employees on furloughRead More

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Reuters: Business News

Exclusive: Amazon in contact with coronavirus test makers 2020-04-04 17:54:16Amazon.com Inc has been in contact with the CEOs of two coronavirus test makers as it considers how to screen its staff and reduce the risk of infecti

Trump says if he has to put tariffs 2020-04-04 17:50:05President Donald Trump said on Saturday he would put tariffs on imports of crude oil or take other measures if he has to protect energy workers from t

Single passenger flights: The daily woes of airlines, 2020-04-04 16:22:55When Reuters photographer Carlos Barria boarded American Airlines flight 4511 from Washington Reagan National Airport to New Orleans on Friday for an

OPEC+ meeting delayed as Saudi Arabia and Russia 2020-04-04 16:07:10OPEC and Russia have postponed a Monday meeting to discuss oil output cuts until April 9, OPEC sources said on Saturday, as a dispute between Moscow a

Capital One says it won't use CFTC waiver 2020-04-04 16:01:14U.S. lender Capital One Financial Corp said on Saturday it would not use a U.S. Commodity Futures Trading Commission (CFTC) waiver after commodity pr

The watchdogs overseeing the $2.3 trillion U.S. bailout 2020-04-04 11:47:25Who's watching over the U.S. government's largest bailout in history - the $2.3 trillion in fiscal stimulus to fight the economic impact of the coro

Mexican president calls on Russia, Saudi Arabia to 2020-04-04 11:43:01Mexican President Andres Manuel Lopez Obrador on Saturday called on Russia and Saudi Arabia to reach a deal soon and end their oil price war to avoid

Trump says will ask Congress for more small 2020-04-04 11:37:15U.S. President Donald Trump said on Saturday he would ask Congress for more money to make loans to small businesses struggling with the economic fallo

U.S. dairy farmers dump milk as pandemic upends 2020-04-04 09:49:04Dairy farmer Jason Leedle felt his stomach churn when he got the call on Tuesday evening.

How the coronavirus job cuts played out by 2020-04-04 07:21:19The job losses suffered in March as the U.S. economy shut down in the face of the novel coronavirus pandemic were widespread but still were disproport

Tesla cuts contractors from California, Nevada factories: CNBC 2020-04-03 23:19:03Tesla Inc is cutting contractors from its U.S. car and battery plants, CNBC reported on Friday, citing workers and a contract staffing agency.

Wall Street Week Ahead: Investors look to coronavirus 2020-04-03 21:26:38Investors are parsing a broad range of signals, from infection counts to more traditional indicators, for clues on the trajectory markets may take in

BBC News - Business

NMC Health lender applies to court for administration New! 2020-04-05 14:17:08The FTSE 100 firm has been under scrutiny for alleged unauthorised financial activities.

Coronavirus: ExCel U-turns on charging NHS for hospital New! 2020-04-05 08:36:44The owner of the centre will now cover costs for the NHS Nightingale Hospital.

Coronavirus: Tech firms summoned over 'crackpot' 5G conspiracies New! 2020-04-05 05:54:40Government will tell social media firms to take down posts more quickly after attacks on masts.

Coronavirus: 'I don't want a flight voucher, where's 2020-04-03 17:05:58The airlines' trade body wants to give vouchers for cancelled flights but passengers are unhappy.

My Money: 'People have started leaving their houses 2020-04-03 17:04:41As part of a BBC blog series, Jen Smith talks us through one week as pandemic restrictions ease in Shenzhen.

Small businesses worry coronavirus loans ‘too risky’ 2020-04-03 14:30:16Owners of small businesses tell the BBC they still have concerns about the government’s loan scheme.

Coronavirus halts a decade of US jobs growth 2020-04-03 12:07:01American employers shed 701,000 jobs in March amid expectations there is worse to come.

Coronavirus: New Look delays supplier payments 'indefinitely' 2020-04-03 12:04:02The clothing retailer cancels new orders and tells firms they can pick up their stock.

Coronavirus: UK among economies risking record slump 2020-04-03 12:02:50Record falls in manufacturing and services activity point to recession, says a closely watched survey.

What does it mean to declare insolvency? 2020-04-03 10:06:41What does it mean when firms declare themselves insolvent?

China's Luckin Coffee slumps on 'fake' data news 2020-04-03 03:22:55The company said its chief operating officer and other employees had fabricated financial information.

Coronavirus: Google reveals travel habits during the pandemic 2020-04-03 02:18:07It will regularly provide updates as to what types of places people are going to during the outbreak.


Great Depression 2? Worries about a coronavirus-induced calamity 2020-03-23 20:40:41Economists increasingly warn that Washington’s current efforts won’t be enough to fight a downturn approaching the devastation seen eight

Coronavirus upends the battle for the House 2020-03-23 04:30:14Trump’s impeachment is no longer likely to dominate the campaigns that will determine control of Congress.

Congress should bail out gig workers, Cohn says 2020-03-22 12:18:45Those workers typically don’t qualify for unemployment benefits.

Coronavirus Will Change the World Permanently. Here’s How. 2020-03-19 19:30:26A crisis on this scale can reorder society in dramatic ways, for better or worse. Here are 34 big thinkers’ predictions for what’s to come

What Trump’s Trillion-Dollar Bailout Gets Right, and Wrong 2020-03-19 16:52:45The good, the bad—and one very scary aside.

Stock plunge triggers fourth trading pause in 2 2020-03-18 13:14:31Shortly before 1 p.m., the S&P 500 index hit the 7 percent decline needed to trigger a mandatory 15-minute break.

The Smart Way to Save Jobs in the 2020-03-18 12:16:56One-fifth of U.S. workers have already lost hours or jobs. “Shared work” can slow the losses and speed an economic recovery.

How ugly could it get? Trump faces echoes 2020-03-16 20:21:34Forecasters see historic job losses and deep economic pain on the horizon — but with a sharp rebound, if Congress steps up.

Big banks brace for coronavirus-related onslaught 2020-03-16 19:55:25The banks will be tested on how well they’ve prepared for a global shock to the economy that no one saw coming.

How Republicans' tax overhaul could make a recession 2020-03-16 14:11:00Republicans’ 2017 tax overhaul made changes to the tax code that will make it harder for businesses to bounce back from a downturn.

Mnuchin dodges on specifics of coronavirus' economic impact 2020-03-15 11:55:49“I wouldn’t focus on the technical issue of whether we are going to be in a recession or not,” he said.

‘I don’t want to use the b-word’: Trump 2020-03-12 18:58:36Trump aides are studying the nation’s response after 9/11 and during the 2008-09 crisis to design an aid package for an economy quickly slamming

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