With the U.S. coronavirus death toll nearing 50,000, Georgia pushed ahead with its plan to become the first state to allow an array of small businesses to reopen on Friday despite the disapproval of U.S. President Donald Trump and health experts.
After hitting record highs last year, retirement account balances sank in the first quarter, according to Fidelity Investments, the largest 401(k) provider in the U.S.
The technology and healthcare sectors have tightened their grip on global stock markets since the coronavirus shock knocked world shares from February's record highs.
The U.S. Federal Reserve announced Friday that banks can now allow account holders to make an unlimited number of withdrawals and transfers from their savings accounts.
With the U.S. coronavirus death toll topping 50,000, Georgia pushed ahead with its plan to become the first state to allow an array of small businesses to reopen on Friday despite the disapproval of President Donald Trump and health experts.
Credit card issuer American Express Co said on Friday it would cut spending by nearly $3 billion in 2020 after its quarterly profit sank 76% as it set aside more money to brace itself against a wave of potential delinquencies.
A French court on Friday rejected Amazon's appeal against a ruling that restricts what it can deliver during the coronavirus crisis, handing a victory to unions which had criticised the U.S. e-commerce giant's safety measures.
Exactly how debt is treated depends on the type, whose name is on it and the state laws governing those obligations at death.
The Dow Jones headed lower on Friday, led by Boeing and Intel, with investors staying cautious about an economic recovery as some states prepared to relax the coronavirus-induced lockdowns.
Lufthansa expects it will operate 100 fewer aircraft with 10,000 fewer staff after the coronavirus crisis ends, its chief executive Carsten Spohr told employees on Friday.
The Irish government should consider copying Australia's plan to force Facebook Inc and Alphabet Inc's Google to share advertising revenue with local media, Prime Minister Leo Varadkar said on Friday.
Swiss food giant Nestle reported its best quarterly sales growth in nearly five years on Friday as consumers stockpiled anything from Purina pet food to Nescafe coffee to frozen meals in preparation for coronavirus lockdowns.
Daniel Duckett, owner of the Lazy Claire patisserie in Belfast, was hoping for an insurance payout of up to 100,000 pounds ($123,460.00) to cover losses during the coronavirus lockdown. Now he fears for the future as he battles for the compensation.
New orders for key U.S.-made capital goods unexpectedly rose in March, but the gains are not likely to be sustainable amid the novel coronavirus outbreak, which has abruptly shut down the country and contributed to a collapse in crude oil prices.
U.S. investment banks are shrinking lending activity in Europe as the pandemic forces them to focus on home, allowing BNP Paribas and other European lenders to fill the gaps and grab market share, sources familiar with the matter told Reuters.