As the deadly coronavirus sweeps the globe and slams businesses across multiple industries, one company could dodge the selloff. Best known as the maker of Scotch tape and Post-It notes, 3M also happens to be one of the largest producers of N95 respirators, the type of mask that more efficiently protects people against the virus…

Big European companies have started to ban or restrict business travel for hundreds of thousands of employees as the coronavirus outbreak accelerates. Nestlé, the world’s largest food company, said it has asked all 291,000 of its employees not to travel internationally for business until the middle of March. “Domestic travel should be replaced by alternative…

Gilead Sciences stock was up slightly on Thursday, even as the Dow plunged into correction status. The reason? The biotech company is moving closer to finding a potential treatment for the deadly coronavirus. It plans to start administering its remdesivir drug to patients next month. Shares of Gilead Sciences have risen more than 10% in…

A market meltdown. Surging recession fears. And a sudden spotlight on America’s health care system. Goldman Sachs is warning Wall Street that the coronavirus could cost President Donald Trump the election. The potential political fallout from the coronavirus adds yet more uncertainty for investors trying to assess the impact of the fast-moving epidemic. “If the…

Britain has threatened to walk away from trade negotiations with the European Union if sufficient progress hasn’t been made by June, raising the stakes just days before the country begins crucial talks with its largest export market. Negotiators will sit down Monday for the first round of discussions on a trade deal between the United…

This was supposed to be the year that the bottom line of Corporate America rebounded after lackluster profit reports for most of 2019. But the coronavirus outbreak is threatening to end the earnings recovery before it even begins. Goldman Sachs warned in a report Thursday that it now thinks US companies “will generate no earnings…

The tough times continue for JCPenney. The department store chain announced plans Thursday to close six additional stores as sales and profit continue to decline. The company did not share specifics about its store closings, saying it would give more detailed outlook of its real estate plans when it meets with analysts on April 7.…

Some US companies are bracing for the revenue they make in China to be cut in half if the novel coronavirus outbreak extends into the summer. Nearly half of US companies in China expect revenue from the country to fall this year if businesses can’t return to normal before the end of April, according to…

While other fast food chains are rushing to launch meatless and plant-based options, Dunkin’ went in the opposite direction and released the ultimate snack for meat lovers. Starting today, Snackin’ Bacon will be available at Dunkin’ restaurants nationwide. What’s that, you wonder? It’s just like it sounds: Eight half-strips of bacon wrapped up in a…

Since the dawn of the Trump presidency, countless experts have warned that the president’s lack of credibility would imperil the country in the event of an emergency. With the worsening coronavirus outbreak, those fears may be coming true. President Trump’s political allies have made overly optimistic statements only to be contradicted by the government’s top…