Author Archives: Syndicated Content
Visa transaction volumes hurt as coronavirus crisis deepens
(Reuters) - Visa Inc said on Monday its transaction volumes had been hit as the coronavirus pandemic wreaks havoc on consumer spending, leading it to forecast mid-single-digit percentage revenue growt...
Mar 30, 2020
Prophet Capital to dissolve hedge fund following market volatility
By Lawrence Delevingne BOSTON (Reuters) - Prophet Capital Asset Management LP, an investor in loans and structured credit securities, plans to temporarily block investors from removing their money fro...
Mar 30, 2020
Coronavirus could force GM to delay its redesigned 2021 SUVs
By Paul Lienert DETROIT (Reuters) - General Motors Co told suppliers on Monday that it is postponing work on at least half a dozen future models to conserve cash during the coronavirus pandemic and co...
Mar 30, 2020
Fiat Chrysler executives, salaried employees to take pay cuts during coronavirus pandemic
(Reuters) - Fiat Chrysler Automobiles NV's top executives and salaried workers around the globe will take pay cuts in an act of "shared sacrifice" brought on by the coronavirus pandemic that has shutt...
Mar 30, 2020
U.S. spies find coronavirus spread in China, North Korea, Russia hard to chart
By Mark Hosenball and Jonathan Landay WASHINGTON (Reuters) - As U.S. spy agencies seek to assemble a precise picture of the world's coronavirus outbreaks, they are finding serious gaps in their abilit...
Mar 30, 2020
Air New Zealand to lay off 3,500 employees as virus halts travel
(Reuters) - Air New Zealand said on Tuesday nearly a third of its employees, about 3,500, will be laid off in the coming months, as it grapples with severe global travel curbs due to the coronavirus t...
Mar 30, 2020
U.S. Congress eyes next steps in coronavirus response
By David Morgan and Susan Cornwell WASHINGTON (Reuters) - Three days after passing a $2.2 trillion package aimed at easing the heavy economic blow of the coronavirus pandemic, the U.S. Congress on Mon...
Mar 30, 2020
U.S. judge stops Texas from curbing abortions during coronavirus crisis
(Reuters) - A U.S. judge on Monday blocked Texas officials from banning most abortions in the state as part of their order to postpone surgeries and procedures deemed not medically necessary during th...
Mar 30, 2020
Instacart workers strike as labor unrest grows during coronavirus crisis
By Hilary Russ NEW YORK (Reuters) - Some of the roughly 200,000 workers at U.S. online grocery delivery company Instacart said they were striking on Monday as labor unrest grows globally over safety a...
Mar 30, 2020
Workers go on strike at Amazon delivery site in Italy amid coronavirus
MILAN (Reuters) - Around one-third of those working at an Amazon delivery station in central Italy went on strike on Monday, a union representative said, citing a request for enhanced safety measures ...
Mar 30, 2020
