Lufthansa to apply for German state aid - Handelsblatt
German flagship carrier Lufthansa said on Friday it is planning to request state aid from several European governments to weather the fallout from the coronavirus outbreak.
German flagship carrier Lufthansa said on Friday it is planning to request state aid from several European governments to weather the fallout from the coronavirus outbreak.
Billionaire investor Carl Icahn told CNBC's Halftime Report on Friday that his largest short position is in commercial real estate.
Women who have been widowed must reexamine their finances as soon as they are mentally and emotionally able. A frank review of income sources and expenses, as well as their own estate plan, is important.
With various weather events wreaking havoc around the U.S. — often in places unaccustomed to them — experts recommend that you review your own homeowners insurance in case Mother Nature's fury reaches you.
If you need financial support for your startup, a seed round raise might be your next step. Consider your goals and how to accomplish them before you start your first raise. Continue reading
The head of British Airways said coronavirus was causing an unprecedented crisis, warning that aircraft would be parked like never before and staff laid off, in a hard-hitting staff message to address "the worsening situation".
Canada may soon advise against non-essential foreign travel, and it will be taking a number of new measures at airports in a bid to slow the spread of coronavirus, Prime Minister Justin Trudeau said on Friday.
U.S. Treasury Secretary Steven Mnuchin on Friday said he expected the U.S. economic hit from the coronavirus outbreak to be short-term, and that the Trump administration was keeping its options open for any other future steps that may be needed.
U.S. consumer sentiment fell in early March as households responded to the coronavirus pandemic and steep declines in stock market prices, a survey showed on Friday.
Fidelity Investments became the latest large financial firm to urge employees to work from home in order to slow the transmission of the coronavirus, according to a company memo.
Treasury Secretary Steven Mnuchin said Friday that the Trump administration would consider suspending people's student loan payments as part of a larger strategy to mitigate the economic consequences of the coronavirus.
Xerox Holdings Corp, which is in a proxy fight for control of HP Inc, said on Friday it would postpone meetings with shareholders of the personal computer maker amid the coronavirus outbreak.
U.S. stock indexes rebounded on Friday as investors bet on another round of fiscal easing to thwart a looming global recession in the face of the coronavirus pandemic.
The U.S. Food and Drug Administration (FDA) issued emergency authorization for a faster coronavirus test made by Swiss diagnostics maker Roche and allowed New York state to authorize certain labs to test for the virus, moves aimed at boosting screening capacity to help contain the growing epidemic.
Oil prices were set for their biggest weekly slide since the 2008 financial crisis despite a 4% bounce on Friday, as the coronavirus outbreak threatened demand and crude producers promised more supply.