Volkswagen tests ventilator output as carmakers join coronavirus fight
German carmaker Volkswagen said on Friday it was joining other manufacturers around the world to explore using 3D printing to make hospital ventilators to combat the coronavirus.
Boeing suspends dividend, CEO foregoes pay after coronavirus-related aid request
Boeing Co will cancel CEO pay, suspend its dividend and extend a pause on share buybacks, the U.S. planemaker said on Friday, as companies eager for government aid to curb fallout from the coronavirus face pressure to cut payouts to investors.
Wells Fargo rolls out waivers, aid in response to coronavirus outbreak
Wells Fargo & Co said on Friday it is suspending residential property foreclosure sales, evictions and involuntary automobile repossessions due to the coronavirus outbreak.
U.S. airlines call for payroll protections as aid talks continue
U.S. airlines called on Friday for a government stimulus package to help them weather the coronavirus crisis by providing payroll protections, warning that around 750,000 jobs depend on the airline industry.
U.S. auto industry backs tax relief, delaying USMCA start after coronavirus
Groups representing major automakers and suppliers asked U.S. lawmakers on Friday to consider new tax relief and delay the start of a new trade deal as auto sales decline as a result of the coronavirus pandemic.
U.S. to send envoy to Saudi Arabia; Texas suggests oil output cuts
The Trump administration plans to send a special energy envoy to Saudi Arabia to work with the kingdom on stabilizing the global oil market, officials said on Friday, as the U.S. scrambles to deal with a price crash so deep that regulators in Texas con…
Wall Street dives, ends worst week since 2008, as New York, California impose restrictions
Wall Street wrapped up its worst week since October 2008, with the Dow Jones Industrial Average and S&P 500 sliding more than 4% on Friday as tough restrictions imposed by New York and California to try to limit the spread of the coronavirus fueled worries about damage to the U.S. economy.
Panama’s Copa Airlines cancels all flights as coronavirus crisis spreads
Panama’s Copa Airlines on Friday said it will suspend all operations from March 22 until April 21, making it the first Latin American carrier to take such a drastic measure in order to weather the coronavirus crisis.
Walmart’s Mexico unit pulls elderly workers from checkouts on coronavirus concerns
Grocers including Walmart de Mexico have begun bowing to pressure to pull from stores tens of thousands of elderly workers who pack bags at checkouts as concerns grow about their vulnerability to coronavirus amid panic buying nationwide.
Factbox: Latest on the spread of the coronavirus around the world
Coronavirus cases ballooned in Europe, prompting more lockdown measures to try to slow the spread. New Jersey’s governor followed four other U.S. states that have imposed unprecedented restrictions. Australia announced it was shutting a large array of …
