Uber suspends taxi booking option in Saudi Arabia
Uber Technologies has suspended the option to book regular taxi services through its app in Saudi Arabia until further notice, a company statement said on Friday.
Starbucks closes most U.S., Canada cafes, moves to drive-through
Starbucks Corp said on Friday it will close most of its company operated cafes across north America for two weeks, limiting its services to drive-throughs, to help stem the spread of the highly contagious coronavirus.
U.S. seeks comments on tariff cuts for Chinese imports to aid coronavirus battle
The Trump administration on Friday said it was soliciting public comments on lifting additional tariffs on Chinese imports that could help the United States battle the coronavirus pandemic, showing some flexibility in its trade war against Beijing.
United Airlines slashes international schedule by 95% for April
United Airlines Holdings Inc said on Friday it would slash its international schedule by 95% for April because of government restrictions prohibiting travel in an effort to curb the spread of the coronavirus.
U.S. senators question Amazon on coronavirus safety at warehouses
Four Democratic U.S. senators on Friday expressed concern in a letter to Amazon.com Inc Chief Executive Jeff Bezos that the world’s largest online retailer has not given enough support to warehouse staff during the coronavirus outbreak, according to a …
Volkswagen to close factories in Mexico to protect public health
German automaker Volkswagen will temporarily close its factories in Mexico’s Puebla and Guanajuato states in a bid to preserve public health, the company’s Mexican unit said in a statement on Friday, amid growing worries over the spread of the coronavi…
Bank of America boosts hiring, worker pay amid coronavirus outbreak
Bank of America Corp’s consumer division has hired 1,700 people in critical support roles so far this month, a spokesman said on Friday, as the industry faces a surge in customer service demand due to concerns about the coronavirus outbreak.
Lyft drivers can join new delivery service, founders donate salaries
Lyft Inc on Friday told drivers they could sign up for work driving deliveries under a new service as ride-hailing demand plummets during the rapid spread of coronavirus in the United States.
Goldman Sachs CEO’s 2019 compensation rises 19%
Goldman Sachs Group Inc Chief Executive David Solomon’s total compensation rose by 19%, or $4 million, for 2019 compared with 2018, according to a regulatory filing released on Friday.
Wall Street weekahead: Coronavirus uncertainty muddies views on buying opportunities for plunging stocks
U.S. stock valuations are tumbling in the wake of the coronavirus-fueled market rout, but determining when equities are cheap enough to buy is a tricky proposition.
