Bloomberg The Trump administration would like to make purchases of milk and meat products as part of a $15.5 billion initial aid package to farmers rattled by the coronavirus, said Agriculture Secretary Sonny Perdue. “We want to purchase as much of this milk, or other protein products, mutton and other products, and move them into where they can be utilised ...

Bloomberg Google parent Alphabet Inc. is slowing hiring for the remainder of the year, the most drastic action by the web search giant since the Covid-19 pandemic began battering its advertising business several weeks ago. Chief Executive Officer Sundar Pichai told staff about the decision in an email. He also highlighted other areas of cost cutting, saying the company will ...

Bloomberg Profits and dividends at Britain’s publicly traded companies are set to halve this year due to the Covid-19 outbreak, Citigroup Inc. predicts. The bank warned clients that the pandemic’s economic impact will be greater in the UK due to the country’s dependency on its services industry, which is deeply affected by social distancing efforts. While consensus is for a ...