President Donald Trump urged General Motors Co and Ford Motor Co on Friday to quickly build badly needed ventilators for COVID-19 patients and suggested he could invoke the Defense Production Act. GM (GM.N) and Ford (F.N) announced they are working with companies to help boost ventilator production in recent days. ...
International Monetary Fund chief Kristalina Georgieva said Friday that the global economy, including the United States, has entered a recession amid the spread of the new coronavirus. “It is now clear that we have entered a recession as bad or worse” than that seen in the aftermath of the 2008 ...