How this company totally transformed its business model to survive the coronavirus
Gargiulo Produce opened in 1929 as a vegetable cart going door to door to sell food. Now, the company sells online to survive the coronavirus shutdown.
Gargiulo Produce opened in 1929 as a vegetable cart going door to door to sell food. Now, the company sells online to survive the coronavirus shutdown.
Warren Buffett's Berkshire Hathaway Inc is being hit hard by the coronavirus pandemic, posting a record quarterly net loss of nearly $50 billion on Saturday and saying performance is suffering in several major operating businesses.
Business owners who successfully got loans during the second round of the Paycheck Protection Program describe the emotional roller coaster of the process.
Warren Buffett's Berkshire Hathaway Inc on Saturday posted a record net loss of nearly $50 billion as the coronavirus pandemic pummeled its common stock investments, but operating profit rose even as COVID-19 hurt its businesses.
French bank Societe Generale expects to have to provision 3.5 billion euros to 5 billion euros ($3.84 bln-5.49 bln) this year because of losses due to the coronavirus crisis, its chief executive said in an interview on Saturday.
Warren Buffett said on Saturday gave an upbeat assessment of the United States' ability to withstand crises, even as he acknowledged that the coronavirus pandemic could have a wide range of impacts on the economy.
Billionaire investor Warren Buffett on Saturday said the United States' capacity to withstand crises provides a silver lining as it combats the coronavirus, even as he acknowledged that the global pandemic could significantly damage the economy and his investments.
Roche Holding AG received emergency use approval from the U.S. Food and Drug Administration for an antibody test to help determine if people have ever been infected with the coronavirus, the Swiss drugmaker said http://pdf.reuters.com/htmlnews/htmlnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20200503:nGNE71pdqt on Sunday.
Warren Buffett said Berkshire Hathaway is still sitting on its massive cash hoard because the conglomerate hasn't found a company to buy at an attractive price.
Berkshire Hathaway Inc has sold its entire stakes in the four largest U.S. airlines, Chairman Warren Buffett said Saturday at the company's annual meeting.
Warren Buffett on Saturday gave an upbeat assessment of the United States' ability to withstand crises, even as he acknowledged that the coronavirus pandemic could have a wide range of impacts on the economy and his investments.
The ongoing U.S. travel crisis is causing thousands of job cuts as the aviation sector waits for passengers to return to the skies but braces for years of lower demand because of the coronavirus pandemic.
Every aspect of life has changed. Your money, your job, your sanity, your kids and the stock market are all different. Even how you make dinner has changed. Experts weigh in with advice and tips for surviving the new normal.
The old saw, 'sell in May and go away' might not apply this year if the U.S. economy reopens smoothly.
Chevron Corp has no plans to wind down all operations or exit Venezuela, Chief Executive Officer Mike Wirth told CNBC, days after the Trump administration barred the U.S. oil major from drilling or transporting oil in the South American nation.