20/03/2020

S&P warns 1 in 10 US firms may default on debt

A wave of company defaults is likely to sweep the United States and Europe as measures to contain the coronavirus spark a recession, S&P Global Ratings said Friday.

Business

Netflix establishes $100 million virus relief fund

Netflix said Friday it is establishing a $100 million relief fund for workers in the worldwide creative community affected by the coronavirus-caused halt of most film and television production.

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