• Ford hoards cash amid Chinese virus concerns

    Ford hoards cash amid Chinese virus concerns

    Ford on Thursday moved to hoard cash on its balance sheet, drawing down $15.4 billion from two credit lines and suspending its dividend, in a move to bolster reserves to ride out damage to its business from the coronavirus pandemic. The No. 2 US automaker, whose shares were down 5.2 percent, at $4.26 in afternoon …
  • Tesla still building cars despite California’s Chinese virus lockdown

    Tesla still building cars despite California’s Chinese virus lockdown

    Tesla is still building cars at its factory in Fremont, California, despite the Bay Area’s shelter-in-place order — a defiant stance that may result in a head-on collision with the law. The electric automaker headed by billionaire Elon Musk — which earlier this week told workers it would continue manufacturing operations despite local officials ordering …
  • Starbucks baristas push for stores to close due to Chinese virus

    Starbucks baristas push for stores to close due to Chinese virus

    Coffee may feel essential, but in the face of coronavirus it’s putting thousands of Starbucks workers at risk, according to a new petition. Starbucks baristas, managers and other store employees are pushing the java giant to close its stores to protect them from the viral COVID-19 outbreak that’s expected to overwhelm hospitals in infected areas, …
  • Zoom’s Chinese virus boom raises privacy concerns

    Zoom’s Chinese virus boom raises privacy concerns

    Teleconferencing company Zoom is drawing scrutiny as a result of its coronavirus-fueled business boom. Internet-rights advocates say they want Zoom, which has been overwhelmed with demand in the wake of the viral outbreak, to start publishing a transparency report detailing its data security practices, including how it responds to governments seeking to crack down on …
  • McConnell on Phase-Three Chinese virus Package: ‘Republicans Want to Put Cash in the Hands of the American People’

    McConnell on Phase-Three Chinese virus Package: ‘Republicans Want to Put Cash in the Hands of the American People’

    Senate Majority Leader Mitch McConnell (R., Ky.) confirmed that Republicans plan to “put cash in the hands of the American people” with a “much bolder proposal” for the phase-three economic package to address coronavirus, after multiple reports emerged that Republicans were considering sending checks directly to all American adults. Speaking on the Senate floor Thursday, …
  • Chinese virus has sent US into ‘brutal’ recession, Bank of America warns

    Chinese virus has sent US into ‘brutal’ recession, Bank of America warns

    The US economy has fallen into a recession because of the Chinese virus pandemic that will make for a “brutal” three months ahead, Bank of America warned Thursday. The bank expects the nation’s gross domestic product to plunge a record 12 percent in the second quarter of this year after meager growth of 0.5 percent …
  • 17 best TV shows to watch in Chinese virus quarantine

    17 best TV shows to watch in Chinese virus quarantine

    During an uncertain time, audiences usually want two different things from TV: escapism, and assurance that other people have gotten through similar experiences (or worse). Here are the best TV shows you might have missed that are available to stream now in both categories. 1. “The Leftovers,” HBO Go In between the years that he …
  • Prince William calls Chinese virus a ‘dreaded’ crisis he hoped would never come

    Prince William calls Chinese virus a ‘dreaded’ crisis he hoped would never come

    Prince William has become the first member of the royal family to address the coronavirus pandemic — calling it the crisis he “dreaded” would never come. The 37-year-old Duke of Cambridge made his remarks in a somber online video announcing that the UK’s National Emergencies Trust was officially stepping in to help those in need. …
  • Conan O’Brien will film talk show via iPhone amid Chinese virus pandemic

    Conan O’Brien will film talk show via iPhone amid Chinese virus pandemic

    Conan O’Brien will continue putting on new episodes of his TBS late-night show “Conan” while still practicing social distancing. “I am going back on the air Monday, March 30th. All my staff will work from home, I will shoot at home using an iPhone, and my guests will Skype,” the TV host, 56, tweeted on …
  • Goldman Sachs HQ reportedly has several Chinese virus cases

    Goldman Sachs HQ reportedly has several Chinese virus cases

    Several employees at Goldman Sachs’ New York headquarters are believed to have contracted the novel coronavirus, according to two sources, making it the latest Wall Street bank whose staff have been affected by the pandemic. Over the past two weeks, employees at JPMorgan Chase, Morgan Stanley, Barclays and BlackRock have all reported confirmed cases among …