As a result of skyrocketing jobless claims, weakening consumer confidence and state orders for residents to stay at home and nonessential businesses such as dealer showrooms to close, automakers are expected to report their worst sales declines in years.
Dark Sky said no changes will be made to its iOS app, which costs $3.99, though it will no longer be available to download for Android users. Service for Android subscribers will stay active until July 1, and then will shut down.
If you find yourself out of a job due the coronavirus crisis, money may be tight, but it's especially important now to try to make sure you have health insurance.
Billionaire trader Steven A. Cohen is cautioning the staff of his investment firm, Point72 Asset Management, to remain cautious amid markets that have recovered slightly from coronavirus-driven lows.
New York City Mayor Bill de Blasio is holding a press conference Monday to update the public on the coronavirus outbreak that has infected more than 43,100 people in the city.
The $2 trillion coronavirus relief package gives financial incentives, such as forgivable loans and tax credits, to businesses that retain their workers.
While many across the U.S. are announcing layoffs and hiring freezes due to coronavirus, Bank of America claims they hired more than 2,000 new employees in March alone and raised their U.S. minimum hourly wage to $20. Vice chairman Anne Finucane reveals how the company protects the well-being of its 200,000+ employees while also maintaining business continuity and protecting the bottom line.
The biggest U.S. mall owner, Simon Property Group, has furloughed about 30% of its workforce as the company copes with all of its properties being temporarily shut because of the coronavirus pandemic.
Traffic patterns suggest that the United States is on the right track in terms of curbing the coronavirus spread, says Nick Colas, co-founder of DataTrek Research.