Exclusive: Amazon deploys thermal cameras at warehouses to scan for fevers faster
Amazon.com Inc has started to use thermal cameras at its warehouses to speed up screening for feverish workers who could be infected with the coronavirus, employees told Reuters.
Beer may lose its fizz as CO2 supplies go flat during pandemic
Dwindling supplies of carbon dioxide from ethanol plants are sparking concern about shortages of beer, soda and seltzer water – essentials for many quarantined Americans.
Deutsche Bank investor files new motion to oust chair at shareholder meeting
Deutsche Bank investor Riebeck-Brauerei on Friday filed a motion seeking a vote to oust the lender’s chairman Paul Achleitner at this year’s annual general meeting, according to a document prepared by the activist shareholder’s lawyer.
U.S. judge puts Amazon challenge to Pentagon JEDI contract on hold
A U.S. judge on Friday put on hold a suit by Amazon.com Inc challenging the Pentagon’s decision to award a $10 billion contract to Microsoft Corp .
Occidental shareholders get first say on Anadarko deal with vote on Berkshire financing
Occidental Petroleum shareholders next month will get their first say on the oil company’s troubled acquisition of Anadarko Petroleum when they vote on issuing shares and warrants to Berkshire Hathaway for helping finance the $38 billion deal.
Exclusive: Norwegian Cruise taps Goldman Sachs to explore stake sale – sources
Norwegian Cruise Line Holdings Ltd has hired investment bank Goldman Sachs Group Inc to explore financing options that could include the sale of a stake in the company, people familiar with the matter said on Friday.
Main Street bailout rewards U.S. restaurant chains, firms in rural states
Over two frantic weeks, the U.S. government pledged $350 billion to Main Street businesses across America desperate for cash after coronavirus lockdowns.
Ford issues $8 billion debt securities after virus causes $2 billion loss
Ford Motor Co on Friday raised $8 billion from corporate debt investors to shore up its cash reserves as the coronavirus outbreak pummeled vehicle sales and production, resulting in an estimated loss of about $2 billion for the first quarter.
U.S. bailout watchdog vows to scrutinize share buybacks, dividends
An official charged with overseeing how the U.S. government handles $500 billion in bailout funds said on Friday he will also monitor how companies use the cash, including for share buybacks, dividends and staff compensation.
Virgin Atlantic told to resubmit proposal for bailout package: FT
Virgin Atlantic has been told to resubmit its proposal for a 500 million pound ($625.35 million) coronavirus bailout package after the UK government was left unimpressed with its initial bid, Financial Times reported (https://on.ft.com/2xD3Ee5) on Fri…
