Fiat Chrysler will temporarily defer the salaries of its white-collar workers by 20% for the next three months as the automaker attempts to save cash to weather the coronavirus crisis.
Millions of Americans already have lost their jobs due to the coronavirus crisis and the worst of the damage is yet to come, according to the Federal Reserve.
India is adding more resources to tackle its increase in coronavirus cases by announcing that private hospitals may be requisitioned to help treat virus patients, and turning railway cars and a motor racing circuit into makeshift quarantine facilities.
Trump's remarks came a day after the White House extended its "social distancing" guidelines through April 30 – weeks after he had previously suggested businesses might be able to reopen.
"We need a cure or a vaccine, and in the last 24 hours we've gotten some serious go-aheads when it comes to potential treatments," "Mad Money" host Jim Cramer said.
Airbnb announced it will allow guests to receive full refunds for any trips booked before March 14, as the company continues to struggle through the coronavirus' impact on the travel industry.
The grim realities of hospitals overflowing with patients seeking treatment for COVID-19, the disease caused by the coronavirus, are not always as visible from the outside, leaving space for bad actors and coronavirus denialists to push dangerous disinformation
Glenn Fine will serve as newly named chair of The Pandemic Response Accountability Committee, a body created to oversee the roughly $2 trillion coronavirus stimulus deal.
Restaurant Brands International is sending cash to franchisees and deferring rents as part of an effort to support its operators amid the coronavirus pandemic.
Tesla's vehicle deliveries report for the first quarter of 2020 is expected within a week. Despite direct impacts of the COVID-19 pandemic on its operations in Shanghai and the U.S., the company has yet to withdraw its prior guidance, which said it should comfortably exceed 500,000 vehicle deliveries in 2020.