Organizers had stated they might decide about whether to proceed by Jan. 6. Citigroup sent a memo to its employees in New York and New Jersey giving them the option to work at home via the holidays given the surge in instances in the New York metropolitan space. JPMorgan Chase and Morgan Stanley haven’t modified their policies, but employees are being given the flexibility Business News to work at home, in accordance with folks conversant in the situation who declined to be recognized discussing personnel issues. The National Basketball Association is canceling games, as is the National Hockey League. For companies within the United States watching the headlines concerning the resurgent coronavirus, the news of late is unwelcome.
- Airline and travel shares fell sharply in midday European trading.
- More than ninety high Canadian business leaders have signed an open letter to the country’s finance minister and her provincial counterparts on Wednesday, urging the want to tackle the decline in home investments by pension funds.
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- Chief financial officers want to square a powerful U.S. financial system with consumer sentiment exhibiting indicators of strain—and attempting to find out whether or not it indicators potential risks ahead.
- Co-Written / Partner The esteemed awards programme returns, seeking to illuminate town’s most exceptional corporations.