Google Alert - Business

	Business Daily update ⋅ March 16, 2020
	NEWS
	The New York Times White House Seeks Financial Crisis-Era Powers to Buttress Economy The New York Times WASHINGTON — Treasury Secretary Steven Mnuchin said on Sunday that he would ask Congress to reinstate powers that were used during the 2008 financial crisis to support the economy as the coronavirus threatens to grind business activity in the United ... Flag as irrelevant
	Reuters Aramco to cut capital spending over coronavirus; 2019 profits plunge Reuters DUBAI (Reuters) - Saudi Aramco (2222.SE) on Sunday said it plans to cut capital spending in the wake of the coronavirus outbreak, and also posted a plunge in profit for last year, missing forecasts in its first earnings announcement as a listed company. Flag as irrelevant
	CNBC The Federal Reserve has taken massive steps to help markets. Here's what's left in its arsenal CNBC The Fed has taken a number of steps so far to help stem the damage from the coronavirus scare. Among them have been a 50 basis point interest rate cut and up to $1.5 trillion in liquidity for the financial industry. Some Wall Street veterans think the Fed will ... Flag as irrelevant
	Reuters Fed cuts rates to buffer economy from coronavirus Reuters (Reuters) - The Federal Reserve cut interest rates on Sunday for the second time in less than two weeks, an emergency move to help shore up the U.S. economy as a coronavirus pandemic spreads worldwide. FILE PHOTO: The Federal Reserve Board ... Flag as irrelevant
	Reuters Fed slashes rates, global central banks coordinate to cushion coronavirus blow Reuters WASHINGTON (Reuters) - The U.S. Federal Reserve and global central banks moved aggressively on Sunday to buttress a world economy unraveling rapidly amid the coronavirus pandemic, with the Fed slashing interest rates to near zero, pledging ... Flag as irrelevant
	Reuters Instant View: Fed cuts rates to buffer economy from coronavirus Reuters (Reuters) - The Federal Reserve cut interest rates for the second time in less than two weeks on Sunday in an emergency move to help shore up the U.S. economy amid the rapidly accelerating global coronavirus pandemic. FILE PHOTO: The Federal Reserve ... Flag as irrelevant
	CNBC This is a wounded, fragile stock market raging for a proper policy response CNBC Markets always rush to price in future economic conditions and often overshoot in the process. But can the recent near-30% crash in three weeks through Thursday have properly discounted an economic path now being set by an intentionally extreme ... Flag as irrelevant
	BBC News Crisis-fighter Bailey returns to Bank of England just as coronavirus storm hits Reuters LONDON (Reuters) - Andrew Bailey will go straight back into crisis mode when he returns to the Bank of England as its new governor on Monday, this time facing the threat of a global recession caused by the coronavirus pandemic. Bailey was central to ... Flag as irrelevant
	Reuters Saudi Aramco to cut capital spending in 2020, posts drop in 2019 profit Reuters DUBAI (Reuters) - Saudi Aramco (2222.SE) on Sunday said it plans to cut capital spending in the wake of the coronavirus outbreak, as it posted a 21% decline in 2019 net profit due to a drop in oil prices and production, its first earnings announcement as a ... Flag as irrelevant
	Wall Street Journal A Smaller, More Powerful Battery Begins to Charge Devices Wall Street Journal TOKYO—Companies are getting closer to replacing the battery that has led the consumer-electronics revolution over the past 30 years. Solid-state batteries promise to be more compact and powerful than the conventional lithium-ion batteries found in ... Flag as irrelevant
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