(Reuters) – General Motors Co said on Monday the automaker has suspended its quarterly cash dividend on its common stock and its share buybacks to save cash in the face of the coronavirus crisis that has severely hurt global automobile sales. Shares of GM were 1.4% lower at $21.65 before the bell. “We continue to
suspends
FILE PHOTO: A Federal Express truck is shown in Los Angeles, California, U.S., October 16, 2019. REUTERS/Mike Blake (Reuters) – FedEx Corp (FDX.N) suspended its 2020 profit outlook on Tuesday, citing uncertainty due to the coronavirus pandemic. The package delivery company’s adjusted net income fell to $371 million, or $1.41 per share, in the third
FILE PHOTO: Athletes participate in Ironman 70.3 race in Cascais, Portugal September 29, 2019. REUTERS/Rafael Marchante (Reuters) – The International Triathlon Union (ITU) has suspended all activity until April 30 including all events in the World Triathlon and Continental calendars due to the coronavirus outbreak, the governing body said on Saturday. All world rankings, Olympic
FILE PHOTO: visitor drinks coffee at a Starbucks outlet inside the Forbidden City in Beijing January 18, 2007. REUTERS/Claro Cortes IV BEIJING (Reuters) – Starbucks has closed all shops and suspended delivery services in China’s Hubei province for the week-long Lunar New Year holiday, where a coronavirus outbreak originated from its capital Wuhan has caused
FILE PHOTO: Containers are seen at the Yangshan Deep Water Port in Shanghai, China August 6, 2019. REUTERS/Aly Song SHANGHAI (Reuters) – China has suspended additional tariffs on some U.S. goods that were meant to be implemented on Dec. 15, the State Council’s customs tariff commission said on Sunday, after the world’s two largest economies
WASHINGTON (Reuters) – U.S. President Donald Trump on Friday outlined the first phase of a deal to end a trade war with China and suspended a threatened tariff hike, but officials on both sides said much more work needed to be done before an accord could be agreed. The emerging deal, covering agriculture, currency and
WASHINGTON (Reuters) – U.S. presidential candidate Senator Bernie Sanders was hospitalized on Tuesday with chest pains and a blockage in one artery and will suspend his campaign for the White House until further notice, an adviser said. Democratic 2020 U.S. presidential candidate and U.S. Senator Bernie Sanders (I-VT) speaks at a campaign stop in Hooksett,