The U.S. electric industry may ask essential staff to live on site at power plants and control centers to keep operations running if the coronavirus outbreak worsens, and has been stockpiling beds, blankets, and food for them, according to industry trade groups and electric cooperatives.
Oil and gas companies are cutting spending plans in response to the new coronavirus and a push by Saudi Arabia and Russia to ramp up output.
Airlines hit hard by the travel restrictions imposed as a result of the coronavirus pandemic may soon present buying opportunities for investors, the co-founder of the buyout firm that owns budget carrier Frontier Airlines said in an interview.
U.S. stock index futures firmed 4% on Friday, at the end of another torrid week for financial markets that have been battered by growing evidence of the economic damage from the coronavirus pandemic.
British Airways pilots will have to take two weeks of unpaid leave in both April and May as well as a deduction from basic pay over three months, it said in a letter to pilots on Friday.
Almost none of the British public surveyed by the Bank of England last month expected it would soon need to cut interest rates, a BoE report showed on Friday.
Deutsche Bank said on Friday that the impact of the coronavirus outbreak may affect the lender's ability to meet its financial targets as the fragile bank undergoes a major revamp after years of losses.
Germany plans a half-trillion euro fund to support companies thrown into payments difficulties by the coronavirus crisis, which will have the ability to guarantee liabilities or even inject capital when needed, Der Spiegel reported on Friday.
Stock markets rebounded from some of their recent huge losses on Friday, pulling further away from three-year lows as central banks and governments pledged masses of cash to reduce the economic impact of the coronavirus pandemic.
The TV may be on more than you like. How to stay sane, get your work done and keep your kids happy when school's out and your workplace is your dining room.
CNBC's Jim Cramer said Friday the coronavirus-slammed stock market is due for bounce because there has been so much selling in recent weeks.
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Robert Herjavec, cybersecurity entrepreneur and "Shark Tank" investor, told CNBC that his directive to small businesses is to do whatever it takes to survive.
CNBC's Jim Cramer said Friday the coronavirus-slammed stock market is due for bounce because there has been so much selling in recent weeks.