 | | | | Leading U.S. airlines on Tuesday ditched 2020 forecasts and unveiled more sweeping capacity cuts and cost-saving measures in response to the spreading coronavirus, while United Airlines warned of a deep hit to the sector. | | |
| | | Goldman Sachs Group Inc Chief Financial Officer Stephen Scherr said on Tuesday the bank is "very open" to acquisitions, especially those that would speed the growth of its existing businesses. | | |
| | | Saudi Arabia said on Tuesday it would boost its oil supplies to a record high in April, raising the stakes in a standoff with Russia and effectively rebuffing Moscow's suggestion for new talks. | | |
| | | Mexico is seeking to mediate in the oil row between Russia and Saudi Arabia, the finance minister said on Tuesday, saying the conflict that has battered global oil prices had affected Latin America's second largest economy. | | |
| | | A highly anticipated trial pitting New York state against McKesson Corp , Johnson & Johnson , CVS Health Corp and others for allegedly fueling the opioid epidemic has been postponed due to the coronavirus outbreak, according to the court. | | |
| | | Fidelity Investments named company veteran Maggie Serravalli as chief financial officer, replacing Gerard McGraw, according to a note viewed by Reuters. | | |
| | | Morgan Stanley confirmed on Tuesday that an employee at the bank's campus in Purchase, New York, has tested positive for coronavirus, according to a bank memo obtained by Reuters that was verified by the bank. | | |
| | | New Wells Fargo & Co Chief Executive Charlie Scharf testified on Tuesday that substantial change was underway at the bank as lawmakers grilled him on the status of its remediation efforts and contingency plans related to coronavirus. | | |
| | | Oil and global equity markets rebounded on Tuesday after the prior day's steep losses as the world's biggest economies moved to cushion the impact of the coronavirus, but stock gains in Europe failed to hold as investors remained skittish. | | |
| | | Oil prices jumped over 8% on Tuesday, bouncing from the biggest rout in nearly 30 years a day earlier, as the possibility of economic stimulus encouraged buying and U.S. producers slashed spending in a move that could cut output. | | |
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