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FCA, PSA seek to boost cash before merger amid virus crisis

With their sales decimated by the coronavirus outbreak, Fiat Chrysler Automobiles and PSA Group have postponed their shareholder meetings and are looking at ways to boost cash reserves ahead of their planned merger. The two automakers have turned to their banks to secure much-needed cash, and FCA is considering debt …

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Why SmileDirectClub Stock Lost 38% in March

What happened Shares of SmileDirectClub (NASDAQ: SDC) were heading lower last month as the teledentistry specialist got swept up in the coronavirus-driven sell-off. SmileDirectClub came in to the month falling sharply on weak fourth-quarter earnings, and the negativity around the spreading pandemic seemed to push the stock down further. As a teledentistry …

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Google’s UK staff earned average of £234,000 in 2019

Google’s UK staff earned an average of £234,000 each last year as the tech firm paid more than £1bn in wages and a share scheme – but only £44m in UK corporation tax. Google, which increased UK staff numbers by almost 800 to 4,439 last year, footed its first £1bn-plus …

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Apple To Make 1M Face Shields Per Week For Coronavirus Health Workers

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="strongApple Inc./strong (NASDAQ: a class=ticker href=http://finance.yahoo.com/q?s=AAPLAAPL/a) is planning to make 1 million face shields every week for healthcare workers, as part of its efforts against the novel coronavirus (COVID-19) pandemic, chief executive officer Tim Cook announced Sunday.” data-reactid=”19″>Apple Inc. (NASDAQ: AAPL) is planning …

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