Bank of America starts asking clients for coronavirus contingency plans
Bank of America Corp is asking clients about their coronavirus exposure and preparations as part of its evaluation process of which deals to underwrite, according to sources.
U.S. FAA proposes fining Boeing $19.7 million over 737 airplane sensors
The Federal Aviation Administration on Friday proposed fining Boeing Co $19.7 million for allegedly installing equipment on hundreds of 737 aircraft containing sensors in heads-up displays that regulators had not approved for use.
U.S. lawmakers fault FAA, Boeing for deadly 737 Max crashes
A U.S. House investigative report into two fatal Lion Air and Ethiopian Airlines crashes on a Boeing 737 MAX faulted the Federal Aviation Administration’s (FAA) approval of the plane and Boeing’s design failures, saying the flights were “doomed.”
Second coronavirus death confirmed in England
A second patient in England who tested positive for coronavirus has died, England’s Chief Medical Officer Chris Whitty confirmed on Friday.
Coronavirus concerns drag down Wall Street, but indexes eke out weekly gains
U.S. stocks fell on Friday as fears of economic damage from the spread of the coronavirus intensified, though Wall Street’s major indexes ended well above their session lows.
Colombia confirms its first case of coronavirus
Colombia confirmed its first case of coronavirus on Friday, joining other South American countries that have reported cases of the fast-spreading disease.
Tesla CEO Elon Musk tweets that ‘coronavirus panic is dumb’
Tesla Inc’s Chief Executive Officer Elon Musk tweeted on Friday that the coronavirus “panic” was “dumb”.
Oil takes biggest daily dive in over a decade as Russia, OPEC split
Brent slid to its biggest daily loss in more than 11 years on Friday after Russia balked at OPEC’s proposed steep production cuts to stabilize prices hit by economic fallout from the coronavirus, and OPEC responded by removing limits on its own product…
UAE discovers 15 new coronavirus cases: ministry of health
United Arab Emirates discovered late on Friday 15 new coronavirus cases, the health ministry announced in a statement.
Costa Rica confirms first coronavirus case in Central America
Costa Rica’s government on Friday said it confirmed its first case of coronavirus, in a 49-year-old woman from the United States who is in the Central American nation with her husband.
