Britain's biggest retailer Tesco said on Tuesday it had recruited 35,000 additional workers in the last 10 days to help get it through the coronavirus emergency, which has triggered a dramatic increase in demand for groceries.
Surveys showed that investors were determined to stick with stocks despite a historically bad month for the market.
U.S. stock markets steadied on Tuesday at the end of the worst first quarter for the S&P 500 since 1938 amid growing evidence of the largescale damage caused by the collapse in oil prices and business activity due to the coronavirus.
Serial entrepreneur Gary Vaynerchuk says now, more than ever, is the time for businesses to think about innovation by thinking outside of current strategies and concepts that have always been available.
CNBC's Jim Cramer said Tuesday that a faster coronavirus test could turn the tide in fighting the outbreak — and by extension, the battered economy and the stock market.
Oil prices steadied on Tuesday, with the U.S. crude benchmark climbing off 18-year lows after U.S. President Donald Trump and Russian counterpart Vladimir Putin agreed to talks on stabilising energy markets.
JPMorgan Chase & Co told employees on Tuesday it is changing its customer complaint system and how staff choose which customers are eligible for certain banking products after the New York Times reported allegations of racial discrimination against black customers at the bank last year.
U.S. Deputy Treasury Secretary Justin Muzinich, an architect of the sweeping 2017 Republican tax cut, is under consideration to oversee a newly created $500 billion coronavirus rescue loan program for large companies, cities and states, two sources familiar with the agency's plans said.
U.S. pension funds that delayed rebalancing their portfolios are likely to pump about $400 billion into stocks over the next two quarters, analysts at JP Morgan said, providing a potential boost to equity markets battered by the coronavirus pandemic.
Walt Disney Co will launch its Disney+ service in India on April 3, the company said on Tuesday, intensifying rivalry with Netflix Inc and Amazon.com Inc's Prime Video in a country where demand for online streaming is surging.
Global airlines warned on Tuesday that many carriers may not survive a record cash squeeze in the second quarter, as revenues and traffic plunge because of the coronavirus crisis.
The U.S. Transportation Department on Tuesday proposed minimum flight requirements for passenger airlines receiving aid from the government's $50 billion grant and loan fund.
Walt Disney Co's video streaming service, Disney+, will launch in India on April 3 through its local partner Hotstar, the Economic Times reported https://economictimes.indiatimes.com/magazines/panache/amidst-lockdown-disney-plus-makes-it-way-to-india-users-can-start-streaming-from-april-3/articleshow/74913298.cms on Tuesday.
Ford Motor Co said on Tuesday it was postponing its plan to restart production at its North America plants due to safety concerns for its workers amid the coronavirus pandemic.
Goldman Sachs said on Tuesday that the U.S. second quarter economic decline would be deeper than it had previously forecast and unemployment would be higher, citing anecdotal evidence and "sky-high jobless claims numbers."