[ad_1] WASHINGTON/NEW YORK (Reuters) – The U.S. Federal Reserve rolled out its third emergency credit program in two days to battle the fallout from the virus crisis, this one aimed at keeping the $3.8 trillion
Explainer: What’s in the U.S. coronavirus aid bill that just passed Congress?
[ad_1] WASHINGTON (Reuters) – The U.S. Senate passed a more than $100 billion coronavirus aid package on Wednesday, sending it on to President Donald Trump who is expected to sign it into law. Lawmakers are
South Korea pledge $39 billion in emergency financing for virus-hit businesses
[ad_1] Employees from a disinfection service company sanitize shacks at a shanty area, following the outbreak of the coronavirus disease (COVID-19), in Seoul, South Korea, March 16, 2020. REUTERS/Kim Hong-Ji SEOUL (Reuters) – South Korea’s
U.S. Senate passes one coronavirus aid package while working on another
[ad_1] WASHINGTON (Reuters) – The U.S. Senate overwhelmingly passed legislation on Wednesday providing billions of dollars to limit the damage from the coronavirus pandemic through free testing, paid sick leave and expanded safety-net spending. President
Airline industry turmoil deepens as coronavirus pain spreads
[ad_1] SYDNEY/WASHINGTON (Reuters) – Airline industry turmoil deepened on Thursday as Qantas Airways Ltd (QAN.AX) told most of its 30,000 employees to take leave and India prepared a rescue package of up to $1.6 billion
Detroit automakers idle U.S. plants to combat coronavirus outbreak
[ad_1] DETROIT (Reuters) – The Detroit Three automakers will shut down their U.S. plants to stop the spread of coronavirus, bowing to pressure from the union representing about 150,000 hourly workers at those facilities, industry
Harley-Davidson faces proxy fight with investor Impala
[ad_1] BOSTON (Reuters) – Harley-Davidson Inc (HOG.N) faces a battle with one of its investors after Impala Asset Management on Wednesday on Wednesday said it will try to install two directors at America’s oldest and
Wall Street extends recent selloff, puts Dow on course to erase 'Trump-bump'
[ad_1] The selloff in U.S. stocks deepened on Wednesday and the Dow was set to erase the last of its gains since U.S. President Donald Trump’s 2017 inauguration, as the coronavirus pandemic threatened to bring
Exclusive: India mulls up to $1.6 billion rescue plan for aviation sector after coronavirus – sources
[ad_1] NEW DELHI (Reuters) – India is planning a rescue package worth as much as $1.6 billion for the aviation sector, which has been battered after the coronavirus outbreak forced countries to close borders and
Detroit automakers shutter U.S. plants in move to stop coronavirus spread
[ad_1] DETROIT (Reuters) – The Detroit Three automakers will shut down their U.S. plants to stop the spread of coronavirus, bowing to pressure from the union representing about 150,000 hourly workers at those facilities, industry