A $500 billion corporate assistance program for distressed industries proposed in the $2 trillion Senate coronavirus stimulus bill will include an inspector general and oversight committee, according to a senior administration official. The inspector general for …
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Ford Motor Company (NYSE:F) said that its manufacturing facilities in North America, which were closed last week for heavy cleaning, will not reopen on March 30 as hoped. In a statement, Kumar Galhotra, the president of Ford’s North America unit, said that …
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(Adds details). By Lucia Mutikani. WASHINGTON, March 24 (Reuters) – Sales of new U.S. single-family homes fell in February after surging in the prior month, and could decline further because of the coronavirus pandemic which is boosting unemployment …
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A thief who had stolen a Tesla Model S got caught after he tried to charge the electric car at a third-party Tesla service center with only 5 km of range left. If you want to steal a car, a Tesla vehicle might not be your best choice. According to a report last year, …
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The coronavirus pandemic could strike a bigger blow to the global economy than the financial crisis did a decade ago, the International Monetary Fund warned. The IMF expects the economy to enter a “recession at least as bad as during the global financial …
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