IMF, World Bank staff to work from home after coronavirus case at Fund headquarters
The International Monetary Fund and World Bank Group on Friday advised their Washington headquarters staff to work from home after an IMF employee was diagnosed with COVID-19, the disease caused by the coronavirus.
FAA launches probe after in-flight incident reveals 12-inch crack on 737 jet
The U.S. Federal Aviation Administration (FAA) said on Friday it has begun a probe following an in-flight incident involving an older 737 aircraft manufactured by Boeing Co and flown by Southwest Airlines .
Lufthansa slashes flight schedule further, may seek state aid
German flagship carrier Lufthansa on Friday said it would scrap its annual dividend, slash its flight schedule further and is also considering a request for state aid to help it deal with the impact of the coronavirus outbreak.
Four cruise companies will suspend outbound voyages for 30 days: Trump
U.S. President Donald Trump said on Friday that four cruise line companies had agreed to suspend outbound cruises for 30 days, at his request, amid the global coronavirus pandemic.
Google, Walmart join government effort to speed up coronavirus testing, Trump says
Corporate America joined the fight against the spread of coronavirus on Friday, as President Donald Trump and executives announced that Google would offer a website to help people determine whether they needed tests and retailers set up drive-through t…
Citigroup, JPMorgan report New York cases of coronavirus
New York-based banks Citigroup Inc and JPMorgan Chase & Co both reported on Friday that they have employees who have tested positive for the coronavirus.
Buffett’s Berkshire taps former AmEx CEO Kenneth Chenault for board, as Bill Gates steps aside
Warren Buffett’s Berkshire Hathaway Inc said on Friday that former American Express Co Chief Executive Officer Kenneth Chenault has been nominated to the conglomerate’s board of directors, replacing Microsoft Corp co-founder Bill Gates.
Bill Gates steps down from Microsoft board
Microsoft Corp co-founder Bill Gates, who made the company one of the world’s most valuable technology firms, stepped down from the board on Friday to focus on philanthropic works related to global health, education and climate change.
Boeing supplier woes increase as coronavirus grounds more jets
Boeing Co’s suppliers, already reeling from a 737 MAX grounding one year ago on Friday, face an even slimmer workload as flight cancellations spurred by the spreading coronavirus mean less airline demand for spare parts and services.
Late Wall Street rally leads global stocks higher; oil also jumps
A gauge of stocks across the globe bounced back on Friday led by a late rally on Wall Street, after U.S. President Donald Trump freed $50 billion to tackle the novel coronavirus pandemic.
