Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
IMF set to slash economic forecasts and warns…
An exterior view of the building of the International Monetary Fund (IMF), with the IMG logo, is seen on March 27, 2020 in Washington, DC.OLIVIER DOULIERYThe global economy is on track for a more significant…
Not just financial health: Advisors guide clients through…
AleksandarNakicOur nation is facing unprecedented times, and financial advisors are facing upheaval when their clients need them the most.More than 40 million people have applied for unemployment benefits since early March, while the economic outlook…
Germany’s carmakers face a ‘toxic mix’ of challenges…
Germany's economically-essential car manufacturing industry is emerging from a scathing period of lockdown, production halts and a slump in sales.The sector supports tens of thousands of jobs in Germany and exports are vital to the…
Live updates: U.S. descends into crisis as nation…
Los Angeles Police Department commander Cory Palka stands among several destroyed police cars as one explodes while on fire during a protest over the death of George Floyd, Saturday, May 30, 2020, in Los Angeles.Mark…
Here are key ways the coronavirus crisis differs…
For the second time in 12 years, the U.S. economy and financial markets are facing an unexpected crisis of uncertain proportions.While the 2008 financial crisis and the current coronavirus pandemic are very different in character,…
Jamie Dimon says coronavirus crisis is ‘wake-up call’…
JPMorgan Chase CEO Jamie Dimon said Tuesday in a memo that the coronavirus crisis should be used to build an economy that offers opportunities for "dramatically more people."The memo, issued ahead of his bank's annual shareholder meeting,…
German economy posts sharpest contraction since the financial…
Kirsztian Bocsi/Bloomberg via Getty ImagesGerman GDP (gross domestic product) shrank by 2.2% in the first quarter compared to the final three months of 2019, official statistics revealed Friday.The contraction, fueled by the early stages of…
Goldman Sachs’ Jeff Currie warns jet fuel demand…
A technician of the German airline Lufthansa works at a parked plane at the "Franz-Josef-Strauss" airport in Munich, southern Germany, on April 28, 2020, as public life across the world has been limited in measures…