The CARES Act passed by Congress is putting one-time payments into the hands of millions of Americans. But if you have outstanding private debt, that money could be taken from you. Some states have laws to prevent that.
Uniper announced on Friday the appointment of new directors following the resignation of a raft of supervisory board members earlier this month, after Finland's Fortum secured a 69.6% stake in the German energy group.
Ford Motor Co said on Friday it would tap debt markets to shore up its cash reserves as the coronavirus outbreak pummeled vehicles sales and halted production, resulting in an estimated loss of about $2 billion for the first quarter.
With rooms sitting empty, smaller hotel operators are weighing options to defer debt payments and in some cases, close properties.
General Motors said on Friday it had started delivering the first batch of 54 ventilators to U.S. hospitals treating severely ill COVID-19 patients.
The Members Exchange (MEMX), a new bourse backed by major Wall Street firms looking to take on the New York Stock Exchange and Nasdaq Inc through lower fees, said on Friday it delayed its planned launch date due to the coronavirus crisis.
Walmart Inc said on Friday it would hire 50,000 more workers at its stores, clubs and distribution centers to meet a surge in demand for groceries and household essentials from consumers stockpiling during the coronavirus outbreak.
Warren Buffett's Berkshire Hathaway Inc will close some smaller businesses and is positioning itself conservatively as it rides out the coronavirus pandemic, Berkshire Vice Chairman Charlie Munger said in an article published on Friday.
The Chinese-backed owners of Imagination Technologies told the British government on Friday the chip designer would remain headquartered in the United Kingdom and they would consult over any board changes.
Alphabet Inc's Google would waive off the fee it collects from news publishers using its ad services for the next five months, the search giant said on Friday.
The economic fallout from the coronavirus pandemic has led to massive number of furloughs. Here's everything you need to know about the practice.
Biotech stocks surged Friday after new details on a closely watched clinical trial lifted hopes that scientists may be close to a treatment for the coronavirus.
Netflix Inc has increased the amount of money in its coronavirus emergency relief fund by $50 million, bringing the total for displaced production workers to $150 million, a company spokeswoman said on Friday.
Wall Street bounced on Friday, boosted by a surge in Boeing shares, with President Donald Trump's plan to reopen the economy and hopes of a potential drug by Gilead to treat COVID-19 helping sentiment.
Former Carige CEO Guido Bastianini is the frontrunner to become the new head of lender Monte dei Paschi di Siena as the nomination process at key state-controlled companies comes to an end, two government sources told Reuters on Friday.