Amazon Shuts Wareouse After Three Workers Test Positive for Covid-19
Amazon.com Inc. has extended the shuttering of a warehouse dedicated to returning apparel after three workers tested positive for Covid-19, the first known instance of the online retailer indefinintely idling a U.S facility in response to the pand...
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Federal Reserve Chairman Jerome Powell says U.S. banks are "highly capitalized" and there is no reason to halt dividends. Powell spoke Thursday in a virtual presentation.
Federal Reserve Chairman Jerome Powell explains why he believes the U.S. economy can quickly recover from the effects of coronavirus pandemic. Powell spoke Thursday in a virtual presentation.
The International Monetary Fund has a "constructive engagement" with all its members, "including Turkey," Managing Director Kristalina Georgieva said in an interview on "Bloomberg The Open.
Federal Reserve Chairman Jerome Powell said the central bank is committed to acting "forcefully" to help the U.S. economy recover from the coronavirus pandemic. Powell spoke Thursday in a virtual presentation.
The International Monetary Fund will need to boost its resources if the coronavirus pandemic develops into a second wave of infections, Managing Director Kristalina Georgieva says.
The Federal Reserve announced another series of sweeping steps to provide as much as $2.3 trillion in additional aid during the coronavirus pandemic, including starting programs to aid small and mid-sized businesses as well as state and local gove...
The International Monetary Fund expects the global economy to experience "the worst economic fallout since the Great Depression" due to the coronavirus pandemic. IMF Managing Director Kristalina Georgieva explains in a speech outlining the fund's...
Knighthead Capital Management co-founder Thomas Wagner says it is unlikely that the coronavirus pandemic will affect PG&E Corp.'s exit from bankruptcy.
An OPEC+ deal to cut oil production won't do much to lift prices, Amrita Sen, chief oil analyst at Energy Aspects, says during an interview with Bloomberg's Alix Steel on "Bloomberg Daybreak: Americas."
Johns Hopkins University Professor of Nursing Jason Farley discusses the shortfalls in supplies and protections for health care workers on the frontline of the coronavirus pandemic and patterns observed on how the virus has attacked some patients....
Edward Morse, global head of commodities at Citi Research, examines the state of the oil market and the level of production cuts that will be needed by global producers.
"I don't think there's any inflation coming for the foreseeable future," says David Rosenberg, chief economist and strategist at Rosenberg Research.
The U.S. dollar will be weaker by the end of the year, says George Saravelos, global head of FX research at Deutsche Bank, but corporates are hoarding dollars near-term during the coronavirus crisis.
UBS Group AG delayed its dividend even as the Swiss lender reported a surprise jump in first-quarter profit that suggests banks so far are benefiting from volatility in the wake of the coronavirus pandemic.
UBS Group AG Chief Executive Officer Sergio Ermotti discusses the decision to split the bank's 2019 dividend into two installments, following pressure from financial markets regulator Finma.
Marc Allera, chief executive officer at BT Consumer, discusses the demand he's seeing for the company's services, the launch of 5G and paying dividends.
"We have a $35-per-barrel forecast for the second quarter, but I'd say the risk is to the downside, says Jason Gammel, energy analyst at Jefferies, in an interview on "Bloomberg Surveillance."
Both Credit Suisse and UBS have proposed delaying half of their 2019 dividend payments to later in the year. This follows mounting pressure from the Swiss financial regulator on the nation's banks to reconsider their dividend distribution plans.
President Donald Trump spoke at a news conference on Wednesday about how he has had a change of heart about OPEC. "Obviously for many years I used to think OPEC was very unfair," Trump told reporters in Washington on the eve of an emergency meetin...