Walmart to hire 50,000 more workers in coronavirus-driven hiring spree
(Reuters) – Walmart Inc (WMT.N) said on Friday it would hire 50,000 more workers at its stores, clubs and distribution centers to meet a surge in demand for groceries and…
GM dispatches first batch of ventilators for COVID-19 patients
The first production ventilators are seen at the General Motors Kokomo manufacturing facility in response to the coronavirus disease (COVID-19) outbreak in Kokomo, Indiana, U.S. April 13, 2020. AJ Mast/General…
China crude oil runs hit 15-month low as virus cripples demand
BEIJING/SINGAPORE (Reuters) – China’s daily crude oil throughput in March sank to a 15-month low with state refiners maintaining deep output cuts as the coronavirus pandemic erodes demand, but there…
Coronavirus set to usher in big changes at U.S. offices
NEW YORK (Reuters) – The novel coronavirus may do to U.S. office rentals what e-commerce did to malls, or so goes a line of thinking running through commercial real estate…
No end in sight yet for Amazon shutdown in France
PARIS (Reuters) – Amazon (AMZN.O) has no clarity yet on when its warehouses in France might reopen, the head of its French business said on Thursday, after the e-commerce giant…
Boeing hires Lazard, Evercore to assess government aid or private loans: source
WASHINGTON (Reuters) – Boeing Co has hired investment banks Lazard and Evercore Inc to assess potential U.S. government assistance or private sector loans, a person briefed on the matter confirmed…
Honeywell renews $1.5 billion revolving credit agreement
FILE PHOTO – A logo of Honeywell is pictured on their booth during the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, May 22, 2017. REUTERS/Denis Balibouse (Reuters)…
Boeing supplier furloughs 2,300 employees on closure of Boeing facilities amid COVID-19
(Reuters) – U.S. aero parts maker Triumph Group Inc (TGI.N) said it was furloughing about 2,300 employees across its U.S. and European plants for two to four weeks to cut…
Siemens CEO rules out job cuts from coronavirus impact
FILE PHOTO: German engineering group Siemens CEO Joe Kaeser attends a news conference prior to the annual general meeting in Munich, Germany February 5, 2020. REUTERS/Andreas Gebert ZURICH (Reuters) –…
Exclusive: Treasury wants warrants, repayment from major U.S. airlines on 30% of grant money – sources
(This April 10 story has been refiled to fix typo in ‘aid’ in paragraph nineteen.) FILE PHOTO: A flight attendant waits for the departure of a one-passenger flight between Washington…