Your questions on the lockdown and U.S. small business, answered
After closing their doors to prevent the spread of the coronavirus, many small businesses face an uncertain future following government-ordered lockdowns.
Trump to announce ‘guidelines’ on reopening U.S. economy Thursday
U.S. President Donald Trump said on Wednesday that data suggested the country had passed the peak on new coronavirus infections, and said he would announce “new guidelines” for reopening the economy at a news conference on Thursday.
Google to slow hiring for rest of 2020, CEO tells staff
Alphabet Inc’s Google will slow hiring for the rest of the year, Chief Executive Officer Sundar Pichai told the company’s staff in a memo on Wednesday.
Costco, P&G, J&J among few to hike dividend during coronavirus crisis
Warehouse operator Costco Wholesale Corp on Wednesday raised its quarterly dividend by about 8%, joining a small but growing list of companies to do so at a time when most of corporate America is suspending shareholders returns in order to shore up li…
Mylan’s Robert Coury back as executive chairman
Mylan NV on Wednesday named Chairman Robert Coury to the role of executive chairman to help steer the drugmaker through the coronavirus pandemic and its delayed merger with Pfizer Inc’s off-patent branded drug unit, Upjohn.
Amazon’s EU head of operations steps down amid virus crisis
Amazon.com Inc’s vice president of the European Union segment, Roy Perticucci, has stepped down, the company confirmed on Wednesday.
Trading becomes a plus for Goldman once again during coronavirus rout
For the first time in years, Goldman Sachs Group Inc’s having a sizeable trading business and a tiny consumer bank seems like a good idea.
Airbus puts off planned ramp-up of A220 jet
Airbus SE is delaying its planned Canadian production ramp-up of its A220 jet by a year, a company spokeswoman said on Wednesday, as the coronavirus outbreak weighs on broader airline demand for aircraft.
Smithfield Foods shuts U.S. bacon, ham plants as coronavirus hits meat sector
Smithfield Foods Inc, the world’s largest pork processor, said on Wednesday it would shutter two U.S. plants that process bacon and ham, after closing a separate hog slaughterhouse because of an outbreak of the coronavirus among employees.
Wells Fargo, BofA and JPMorgan grant overdraft relief as stimulus checks roll in
The top U.S. retail banks said on Wednesday they would provide relief to customers who had overdrawn checking accounts, so that they could reap the full benefits of the federal government’s cash stimulus program.
