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French Amazon workers protest in coronavirus pushback

Several hundred Amazon workers in France protested at one of its sites on Wednesday, calling on the online retailer to cease operations or make it easier for employees loath to work during the coronavirus outbreak to stay away.



5 years ago

Germ-ridden cash may boost use of contactless payments

Among the measures being taken to stay safe during the coronavirus pandemic, Americans could finally be ready to embrace contactless payment methods, after years of reluctance.

5 years ago

Tesla California factory operating normally despite county coronavirus lockdown order: witnesses

Tesla Inc's U.S. vehicle factory in California on Wednesday appeared to operate normally despite an order by the county's sheriff's office to comply with a three-week lockdown in the San Francisco Bay Area to rein in the spread of coronavirus.



5 years ago

U.S housing market shows strength before coronavirus outbreak

U.S. homebuilding fell less than expected in February as a plunge in the construction of multi-family housing units was blunted by a surge in single-family projects, suggesting some strength in the housing sector before the coronavirus pandemic severely disrupted economic activity.



5 years ago

UK paves way for multi-billion pound bailout of airlines: Times

The British government is paving the way for a multi-billion pound bailout of airlines by lifting a cap on level of financial support it can provide, the Times newspaper reported on Wednesday.



5 years ago

As China's coronavirus outbreak eases, a wary return to shops for consumers

As shops shut their doors across Europe and the United States, in China the sharp drop in new coronavirus cases has encouraged consumers to venture back into malls and restaurants - for the most part quite gingerly but occasionally in throngs.



5 years ago

How the Trump cash infusion would help millions of Americans

When Treasury Secretary Steven Mnuchin made the announcement about a cash infusion to Americans on Tuesday, universal basic income proponents felt validated. Now, the group of those calling for such a policy, if only in a temporary rendition, is quickly growing.

5 years ago

GM to furlough all workers in Brazil on March 30, suggesting production stop

General Motors Co will furlough all its employees in Brazil starting on March 30, the company said in a statement to Reuters on Wednesday, suggesting that GM's production in South America's main car market would stop due to the coronavirus outbreak.



5 years ago

Recession fears pummel Wall Street as virus damage grows

Wall Street's four-week slump deepened on Wednesday as investors priced in a complete breakdown in business activity and consumer spending from the coronavirus pandemic.



5 years ago

Southwest cancels more than 50 flights after Chicago Midway tower closes

Southwest Airlines Co said Wednesday it is canceling more than 50 flights after the Federal Aviation Administration (FAA) extended the shutdown of the air traffic control tower at Chicago Midway International Airport following reported coronavirus cases.



5 years ago

U.S. restaurants seek $455 billion of federal aid due to coronavirus hit

A U.S. restaurant trade group on Wednesday asked the White House and Congressional leaders for a $455 billion aid package, saying that the industry could shed nearly half of its 15.6 million jobs and at least a quarter of its annual sales because of the coronavirus outbreak.



5 years ago

Trump administration wants to send taxpayers $500 billion, $50 billion in loans for airlines

The Trump administration on Wednesday asked Congress to approve $500 billion in cash payments to taxpayers in two rounds that would start April 6 and $50 billion in secured loans to U.S. airlines to address the financial impact of the coronavirus, according to a document seen by Reuters.



5 years ago

Tesla's California factory operating despite coronavirus lockdown order: witnesses

Tesla Inc's vehicle factory in California appeared to be operating normally on Wednesday despite an order by local officials to comply with a three-week lockdown in the San Francisco Bay Area to rein in the spread of coronavirus.



5 years ago

Thyssenkrupp considers production cuts as coronavirus spreads

Thyssenkrupp , a major supplier to the automotive industry, on Wednesday said it was considering shortened working hours as carmarkers reduce or suspend production due to the coronavirus crisis.



5 years ago

A tale of two coronavirus relief efforts: One for the rich, one for the poor

A payroll tax cut would benefit the richest Americans, while sending checks to each U.S. household to prop up the economy would favor the poor, according to a new analysis.

5 years ago