2 days ago by msn.com
The 2020 South by Southwest Festival is days away, and a few companies are not going to be in attendance. Major tech companies have pulled out of attending the festival that kicks off on March 13 as concerns surrounding coronavirus continue to grow. A petition calling for the cancellation of the two-week event has garnered more than 32,000 signatures so far. SXSW said it isn't changing its stance on canceling and has continued announcing new... read more...
Goldman Sachs revised its earnings estimate for the year to $165 per share, representing 0% growth in 2020.
Some American companies say they could lose as much as half their annual revenue from China if the coronavirus epidemic extends through the summer, a survey by the American Chamber of Commerce in China finds.
Declining travel is both a symptom and a cause of broader economic problems.
Forty percent of a CFO survey group representing the world's biggest corporations tell CNBC the coronavirus COVID-19 has caused a "major decrease" in demand from China.
Amid fears over a global economic slowdown from the widening coronavirus outbreak, companies like Netflix that provide in-home services are best positioned to withstand the storm or even see upside from the crisis, according to industry analysts. Netflix “is an obvious beneficiary if consumers stay home due to coronavirus (COVID-19 virus) concerns, and this has
The Google employee who tested positive for coronavirus was in the company's Zurich office "for a limited time," Google said in a statement.
Coca Cola, Nestle and other food and beverage companies have responded to the coronavirus emergency.
At DocuSign's downtown Seattle office, employees were just days away from a work trip in San Francisco when a notice was sent out, announcing DocuSign's decision to make the upcoming work conference a virtual one due to concerns about the coronavirus (COVID-19). In a phone interview, Emily Heath, DocuSign's Chief Trust and Security Officer, said they were expecting about 1,500 people at the conference in San Francisco. The decision to make it a...
The big gaming event won't happen in March.
When millions of dollars are stake, personal contact is at a premium.
As more workers are relegated to working from home, the economic consequence of the disease caused by the Wuhan coronavirus could become more severe.
Hotels around the country have begun reporting a rise in group cancellations. Airlines, meanwhile, are doing away with cancellation fees as jittery travelers rethink their plans.
Hotels around the country have begun reporting a rise in group cancellations. Airlines, meanwhile, are doing away with cancellation fees as jittery travelers rethink their plans.
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