Amazon.com Inc's vice president of the European Union segment, Roy Perticucci, has stepped down, the company confirmed on Wednesday.
CHICAGO: Smithfield Foods Inc, the world's largest pork processor, said on Wednesday it would shutter two U.S. plants that process bacon and ham, after closing a separate hog slaughterhouse because of an outbreak of the coronavirus among employees. The latest shutdowns show the domino effect that ...
With infections in Britain showing no signs of decreasing, the English Premier League has to either cancel the current season or delay its restart, says John Duerden.
Developing countries will struggle to raise funds to deal with the crisis, while bearing the brunt of capital flight, say Pierre-Olivier Gourinchas and Chang-Tai Hsieh.
Costco Wholesale Corp said on Wednesday it would raise its quarterly dividend by 7.7per cent to 70 cents per share, at a time when several major companies have suspended cash returns to shareholders to shore up liquidity.
DETROIT: Canadian auto supplier Magna International Inc is planning for a return to production in North America on May 4, with a subsequent gradual increase in output as the industry recovers from the shutdown caused by the coronavirus pandemic, a top executive said on Wednesday. Most U.S. states ......
WASHINGTON: The devastation caused to the US economy by the coronavirus pandemic was thrown into even sharper relief on Wednesday (Apr 15) with new government data and a report from the Federal Reserve warning the bloodletting would continue. Lockdowns necessitated by the pandemic caused economic ...
J.C. Penney Co Inc said on Wednesday it will not make a US$12 million interest payment on its long-term corporate bonds, a day after Reuters reported the department store operator was considering filing for bankruptcy protection.
Lyft Inc on Wednesday said it has launched a new on-demand delivery service to provide essential goods, including groceries, meals and medical supplies, to people in need during the coronavirus crisis.
Some investors are wary about buying into a recent stock market rally. Even with hopes for a quick reopening of the economy, they want more evidence that the United States will not restart, only to have to fall back under another coronavirus lockdown soon.
