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Month: March 2020

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Caterpillar says it will not give annual salary increases this year

31st March 2020 admin 0

Caterpillar Inc on Tuesday said it will not hand out annual salary increases this year as part of cost cut plan to deal with the […more]

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Citi postpones 2020 investor day due to coronavirus outbreak

31st March 2020 admin 0

Citigroup Inc said on Tuesday it would postpone its 2020 investor day that was scheduled to take place on May 13 due to the coronavirus […more]

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JetBlue to cut flights in and out of hometown New York by as much as 80%

31st March 2020 admin 0

JetBlue Airways Corp plans to reduce daily flights in and out of the four New York City-area airports where it operates by as much as […more]

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UK banks scrap dividends on coronavirus fears, pressure on bonuses

31st March 2020 admin 0

Britain’s top banks said on Tuesday they would suspend dividend payments after pressure from the regulator, saving their capital as a buffer against expected losses […more]

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Trump signs off on deferring tariffs for most-favored nations for three months

31st March 2020 admin 0

President Donald Trump has signed off on a plan to defer U.S. tariffs for most-favored nations for three months, according to a source familiar with […more]

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Independent worker group calls for Whole Foods 'sick out'

31st March 2020 admin 0

An independent group of workers at Whole Foods Market called on colleagues to phone in sick to the grocer’s stores on Tuesday to protest what […more]

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Stocks fall, close out biggest quarterly drop since 2008

31st March 2020 admin 0

Global stock markets fell in volatile trading on Tuesday, and the economic damage from the coronavirus pandemic left the MSCI benchmark of world equities with […more]

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Xerox abandons $35 billion hostile bid for HP: sources

31st March 2020 admin 0

Xerox Holdings Corp decided on Tuesday to abandon its $35 billion hostile cash-and-stock bid for HP Inc after the coronavirus-induced market turmoil put the brakes […more]

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Zoom takes lead over Microsoft Teams as coronavirus keeps Americans at home

31st March 2020 admin 0

Zoom Video Communications Inc’s average user numbers in March were nearly three times that of its nearest rival Microsoft Corp’s Teams, according to research firm […more]

Bitcoin Halving Capitulation: ‘Mining Death Spirals Don’t Happen in Real Life,’ Says Report

31st March 2020 admin 0

As the bitcoin halving approaches, crypto-mining ‘death spirals’ and miner capitulation have become prominent topics among digital currency enthusiasts. Despite the trending discussions, Coinshares head […more]

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