WASHINGTON (Reuters) – The two top Republicans in the U.S. Congress vowed on Saturday to oppose Democrats’ demands to match a $250 billion proposal to aid small businesses during the coronavirus pandemic with the same amount for hospitals and state and local governments. The statement from Senate Majority Leader Mitch McConnell and House of Representatives […]
(Reuters) – International Business Machines Corp <IBM.N> on Monday named former Bank of America Corp <BAC.N> top technology executive Howard Boville head of its cloud business, as Arvind Krishna takes over from long-time chief Ginni Rometty. Krishna headed the Big Blue’s fast-growing cloud business before his elevation as chief executive officer in late-January. As chief […]
(Reuters) – Chipotle Mexican Grill Inc (CMG.N) has secured a new year-long $600 million revolving credit line, a regulatory filing showed bit.ly/2SOtm6L on Friday, as the restaurant chain looks to deal with the fallout from the COVID-19 pandemic. Companies across the globe have been shoring up their cash positions, at a time when many sectors, […]
