Macy's Inc said on Monday it would furlough most of its 130,000-strong workforce starting this week as all stores of the department chain operator have been temporarily shut due to the coronavirus pandemic.
Harley-Davidson grants board seat to investor Impala
Harley-Davidson Inc said on Monday it would hand one board seat to Impala Asset Management in a settlement just days after the investor began pressing to replace two directors at America's oldest and best-known motorcycle maker.
Finnish government pushes Fortum to strive for carbon neutrality
Finland's center-left government on Monday gave its blessing to majority state-owned Fortum's strategy to cut emissions, but promised to push the company further towards carbon neutrality, the minister in charge wrote.
UBS defies Swiss dividend freeze call with $2.6 billion payout plan
UBS plans to pay a 2019 dividend that is more than half its annual profit, defying calls by the Swiss government and financial markets supervisor for lenders to limit payouts during the coronavirus crisis.
What we’ve read about the coronavirus impact on markets: ‘Justified hope’
Deaths, intubations swamp New Orleans doctors in coronavirus surge
Emergency room doctor Thomas Krajewski stopped at the hospital room door at 2 a.m. to glance at the chart. He knew instantly the long odds faced by the patient inside: A man in his 70s, with a fever, short of breath.
J&J, U.S. government plan 1 billion doses of coronavirus vaccine
Johnson & Johnson said on Monday that it and the U.S. government will invest $1 billion to create enough manufacturing capacity to make more than 1 billion doses of a vaccine it is testing to stop the new coronavirus that has killed more than 35,000 people around the world.
Microsoft says Skype users surge amid coronavirus outbreak
Microsoft Corp said on Monday its video calling platform Skype saw a 70% jump in usage in the last week of March from a month earlier, as more people shift to working from home amid the coronavirus pandemic.
Explainer: The transatlantic divide on how banks handle coronavirus loans
The United States has given banks a two-year break from provisions for loans soured by the coronavirus pandemic, seeking to keep credit flowing while borrowers struggle to stay afloat as economic activity grinds to a halt.