United Airlines Holdings booked $1.5 billion less revenue in March than the same time last year and warned employees that planes could be flying nearly empty into the summer, even after drastic flight capacity cuts.
New Zealand on Saturday announced the world's tightest border controls to combat the spread of coronavirus, requiring all incoming travellers, including its own citizens, to self-isolate for two weeks starting midnight Sunday.
U.S. President Donald Trump encountered a second individual last weekend who later tested positive for coronavirus, but the president did not require testing for the virus or quarantining, the White House physician said on Friday.
Apple Inc said late on Friday it will close all its retail stores outside Greater China until March 27, to minimize risk of coronavirus transmission.
Warren Buffett's Berkshire Hathaway Inc said on Friday that former American Express Co Chief Executive Officer Kenneth Chenault has been nominated to the conglomerate's board of directors, replacing Microsoft Corp co-founder Bill Gates.
The British government will ban mass gatherings from next week in an attempt to curb the coronavirus outbreak, an escalation of its crisis plan that critics had said was too relaxed.
U.S. President Donald Trump encountered a second individual last weekend who later tested positive for coronavirus, but the president did not require testing for the virus or quarantining, the White House physician said on Friday.
Apple Inc said late on Friday it will close all its retail stores, except those in Greater China, for the next two weeks to minimize the risk of coronavirus transmission.
While the stock market is getting hammered over coronavirus concerns, the bigger impact will likely be at the local level, where hourly employees can't work from home.
"Now the good news is not all bear markets occur in recessions," a strategist said.
U.S. hospitals, gearing up for a large surge in patients as the new coronavirus spreads throughout the country, are reaching out to temporary staff agencies and exploring other ways to maintain workforce levels as school closures add to pressure on doctors and nurses.
More than 200 colleges and universities across the U.S. have closed in an effort to stop the spread of COVID-19. Not all students are seeing refunds for unused room and board.
Chinese billionaire and Alibaba co-founder Jack Ma has pledged to donate two million protective masks for distribution across Europe, with a first consignment arriving in Belgium late on Friday.
The initial public offering calendar is looking sparse this year, with many road-show ready companies pumping the brakes.
This week's market rout might leave you tempted to move your investments, particularly if you're heading into retirement. However, the only assets you really should consider making changes to are the ones outside of your portfolio. These tips can help get you started.