European markets rise before release of new gauges of damage.Global markets were mixed on Thursday, as investors held their breath over data that could add to the picture of how the world economy is dealing with the coronavirus outbreak.
China’s exports jump. The good news may not last.
Britain’s central bank forecasts a 30 percent drop in economic activity.
Wall Street drifts lower as oil prices reverse early gains.
Even with most plants shut, G.M. is keeping some Corvette workers busy.
A handful of General Motors workers have labored on — including several dozen at a plant in Bedford, Ind., that makes chassis for Chevrolet Corvettes.
The pandemic’s fallout puts Argentina’s finances under pressure.
Religious groups tap a small-business aid program.
Catch up: Here’s what else is happening.
- Lyft on Wednesday gave investors their first detailed look at how the coronavirus had affected its ride-hailing service. Revenue fell 6 percent from the previous quarter, to $955.7 million. Lyft lost $398 million, up 10 percent from its loss in the previous quarter.
- BuzzFeed’s chief executive and founder, Jonah Peretti, told staff Wednesday that 68 noneditorial employees, from the business, studio and administration teams, would be furloughed for three months, with a goal of keeping losses this year to under $20 million, according to an email obtained by The New York Times. Mr. Peretti also said cuts to the news division would be necessary and that he would begin discussions with the union about them. BuzzFeed has already instituted staff-wide graduated pay cuts for those making more than $40,000 a year.