The American Chamber of Commerce in China's survey of members in March found that the consumer sector had one of the largest revenue disruptions, but had the highest proportion of businesses saying they would stick to their investment plans.
"We have over $1 billion of cash now. Certainly we're in a good position. But we want to take an abundance of caution as we manage through the challenges of this situation," said Yum Brands CEO David Gibbs.
WHO Director-General Tedros Adhanom Ghebreyesus singled out President Donald Trump for doing a "great job" in leveraging public and private sector resources to fight the pandemic.
The decision to delay the Olympic games until 2021 was "difficult but wise" as the coronavirus continues to spread, World Health Origination officials said Wednesday.
SpaceX internal memo says employees are making and donating face shields, hand sanitizer, and planning a blood drive with the Red Cross to help their community fight COVID-19.