Finance

“In 2008 the problem was that major financial firms were facing runs,” he said, and therefore needed cash. “In this situation, the nonfinancial corporates are where the problem is — that is, think about an airline or a restaurant” that is unable to make payroll. When it comes to preventing such disruptions, Mr. Bernanke said, […]

NEW YORK — Ticket sales plunged to their lowest levels in at least 20 years at North American movie theaters as the coronavirus pandemic led to one of Hollywood’s worst weekends at the box office. Receipts totaled about $55.3 million in U.S. and Canada theaters, according to studio estimates Sunday. Not since 2000 has weekend

The Latest on the world’s coronavirus pandemic, which has infected more than 156,000 people and killed more than 5,800. The disease for most people causes only mild or moderate symptoms but for some, especially the elderly or people with underlying health conditions, it can cause more severe illness. Nearly 74,000 people have recovered from it

Meat companies are mixing vegetables into their burgers, nuggets and sausages By DEE-ANN DURBIN AP Business Writer March 15, 2020, 3:29 PM 4 min read Meat companies are making it easier for you to eat your vegetables by blending them into burgers, meatballs and sausages. Applegate is introducing a line of meat-and-veggie burgers and meatballs

A week ago, Mark Canlis’s restaurant in Seattle was offering a $135 tasting menu to a bustling dining room every night. Eileen Hornor’s inn on the Maine coast was booking rooms for the busy spring graduation season. And Kalena Masching, a real estate agent in California, was fielding multiple offers on a $1.2 million home.

FRANKFURT, Germany — With the global economy melting down after the failure of Lehman Brothers in 2008, world leaders swiftly created an international forum that committed to boost economies by spending more and keeping trade open. Central banks announced rate cuts within seconds of each other. The approach to the economic shock from the coronavirus

Some analysts have said that Mr. Trump’s trade war and China’s strict measures to contain the spread of the coronavirus have encouraged companies to move their supply chains, because many factories were shut down for weeks. But the spread of the virus around the world, and China’s early recovery from it, could change that calculation.

Weary travelers returning to the U.S. amid coronavirus-related travel restrictions were greeted by long lines and hourslong waits for required medical screenings at airports March 15, 2020, 11:45 AM 4 min read Weary travelers returning to the U.S. amid coronavirus-related travel restrictions were greeted by long lines and hourslong waits for required medical screenings at

Inside there are the typical tech office touches like standing desks, Nerf guns, a commitment to dog-friendliness and conference rooms named after booze (margarita, gimlet, old fashioned, mojito). Heidi Jannenga, a co-founder of the company and its chief clinical officer, has a skateboard in her office and a nameplate that exhorts others to Do Epic

Major indexes staged a late rally on Wall Street Friday after President Donald Trump announced new measures to fight the coronavirus March 13, 2020, 8:57 PM 2 min read Major indexes staged a late rally on Wall Street Friday after President Donald Trump announced new measures to fight the coronavirus. The Dow Jones Industrial Average