• SoftBank seeks $10 billion for Vision Fund in Chinese virus fight

    SoftBank seeks $10 billion for Vision Fund in Chinese virus fight

    SoftBank Group is looking to raise an additional $10 billion to help its first Vision Fund support portfolio companies hit by the Chinese virus pandemic, Bloomberg reported here on Thursday, citing people with knowledge of the matter. The Japanese technology conglomerate has reached out to outside investors for $5 billion in funds, which will be …
  • 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 …
  • Chase to temporarily close 1,000 branches over Chinese virus concerns

    Chase to temporarily close 1,000 branches over Chinese virus concerns

    JPMorgan Chase is closing about a fifth of its bank branches to help contain the spread of COVID-19. The finance giant will shutter about 1,000 Chase bank locations temporarily, according to a memo sent to employees Wednesday. The roughly 4,000 other branches will reduce their operating hours starting Thursday. The bank is trying to balance …
  • Tyra Banks postpones Modelland theme park opening over Chinese virus

    Tyra Banks postpones Modelland theme park opening over Chinese virus

    The “America’s Next Top Model” host is postponing the opening of Modelland, a theme park opening in Santa Monica, Calif., amid the current Chinese virus outbreak