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When God Appears in Contracts, That’s ‘Force Majeure’ : QuickTake

The coronavirus crisis has given new relevance to the legal term “force majeure.” It’s a clause that can be found buried in many contracts that lets a party off the hook in the event of some (...)
2/04/2020

Goldman Sachs Has a Point on Credit Recovery, But Be Very Careful

The bank’s analysts say the worst of the widening of credit spreads may be over for high-grade issuers. But this doesn’t apply to everyone.
2/04/2020

Distinguished homes for sale in the D.C. region

The Washington Post's picks of distinguished local homes on the market.
2/04/2020

Trump says Saudis and Russians will not hike oil production, and price jumps

The president said he had talked with Russian and Saudi leaders this week and expects them to call off their price war.
2/04/2020

Boeing offers employees buyouts as U.S. economy shudders

The Chicago-based aerospace giant has been hit especially hard by the coronavirus and its related economic shocks.
2/04/2020

Mortgage rates tumble as lenders face increasing difficulties

With the 30-year fixed-rate average sinking near its all-time low, lenders are struggling to keep up with the high volume of refinances and costly margin (...)
2/04/2020

The companies that are pledging not to lay off workers amid the coronavirus unemployment (...)

A record 6.6 million Americans applied for unemployment benefits last week. But some companies pledged to hold off on job cuts, and are offering workers a financial (...)
2/04/2020

Uber drivers and other gig economy workers were promised unemployment benefits. It may be a (...)

It could take weeks or more before much-needed money reaches the pockets of cash-strapped gig-economy workers, a series of delays that threatens to put their homes, families and livelihoods in (...)
2/04/2020

Over 10 million Americans applied for unemployment benefits in March as economy (...)

Job losses have skyrocketed as restaurants, hotel, gyms, and travel have shut down across the nation, but layoffs are also rising in manufacturing, warehousing and (...)
2/04/2020

U.S. stocks surge in choppy session on word that Saudi Arabia, Russia may slash oil (...)

Wall Street reverses losses stemming from a dismal jobs report showing a record 6.6 million Americans filed for unemployment benefits.
2/04/2020

Will Airbnb Become Obsolete After the Coronavirus ?

The world’s most-visited cities are deserted. When the virus passes, they will be durably changed.
2/04/2020

Amazon vowed to crack down on coronavirus profiteering. Some sellers have figured out (...)

Some third-party merchants on Amazon are putting claims that their goods prevent the coronavirus in product images to bypass Amazon’s detection.
2/04/2020

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