virus

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 …

The death toll from Wuhan coronavirus in Italy has surpassed the number of reported deaths in China, marking a new milestone in the coronavirus pandemic. Italy reported 427 new deaths from the coronavirus on Thursday, with a total of 3,405 to China’s 3,245, according to Reuters. Italy now has 41,035 confirmed cases of coronavirus. The …

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 …

John Legend and Chrissy Teigen are finding ways to entertain their two children while social distancing. Teigen, 34, posted photos of Legend, 41, preparing to take a dip in the pool with their 1-year-old son Miles and 3-year-old daughter Luna while stuck at home amid the coronavirus pandemic. “I have crabs,” the hilarious cookbook author captioned …

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, …

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 …

Uber Technologies has plenty of cash on hand to get through the coronavirus crisis and is seeing growth in businesses other than ride-hailing, CNBC reported on Thursday citing a conference call by Chief Executive Officer Dara Khosrowshahi. The company’s shares were trading up nearly 34 percent in the early afternoon on Thursday, at $19.80. Uber …

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, …

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 …

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 …