Virtual tours, coronavirus clauses: Pandemic up-ends homebuying across the U.S.
Prospective buyers arriving at Betsy and Eric Melby’s house for sale in Memphis, Tennessee, last week were greeted by a large pump bottle of hand sanitizer and a box of disposable gloves.
Wall Street leads stocks up on $2 trillion stimulus; dollar takes a hit
A Wall Street rally powered global gains in stocks on Thursday despite a record number of new unemployment filings in the United States, as traders focused on the unanimous passage of a $2 trillion coronavirus relief bill in the U.S. Senate and the pos…
Exclusive: U.S. prepares crackdown on Huawei’s global chip supply – sources
Senior officials in the Trump administration agreed to new measures to restrict the global supply of chips to China’s Huawei Technologies, sources familiar with the matter said, as the White House ramps up criticism of China over coronavirus.
Online learning rockets in coronavirus pandemic, says Pearson
Britain’s Pearson has seen an “explosion” in demand for online learning, with traffic across its platforms quadrupling as millions of children start to adapt to home schooling during the coronavirus pandemic, its chief executive said.
Pelosi expects bipartisan House vote for $2 trillion coronavirus bill Friday
U.S. House Speaker Nancy Pelosi said she expected the chamber to pass an estimated $2.2 trillion coronavirus relief bill when it meets on Friday, after the Senate overwhelmingly approved the unprecedented economic rescue legislation Wednesday evening.
U.S. weekly jobless claims soar to record 3.28 million
The number of Americans filing claims for unemployment benefits surged to a record of more than 3 million last week as strict measures to contain the coronavirus pandemic brought the country to a sudden halt, unleashing a wave of layoffs that likely en…
Morgan Stanley promises no job cuts in 2020 as coronavirus crisis grows
Morgan Stanley on Thursday pledged to not cut any jobs this year, according to a memo seen by Reuters, as the Wall Street bank sought to reassure employees worried about their jobs during the coronavirus pandemic.
Wall Street rallies as job losses stir talk of more stimulus
Wall Street surged on Thursday as record weekly jobless claims came in below investors’ worst fears, making a case for more aggressive stimulus to aid businesses and families wrecked by the economic fallout of the coronavirus pandemic.
Toyota extends shutdown of North American plants through April 17
Toyota Motor Corp said it will extend a shutdown of all North American plants for two weeks due to the ongoing COVID-19 pandemic and decline in vehicle demand.
IATA pleads for more help for airlines after U.S. offers $58 billion aid
The International Air Transport Association (IATA) on Thursday urged the world’s major economies to act quickly to prevent irreversible damage to an airline industry that has seen demand crushed by the coronavirus crisis.
