The Fed slashed interest rates to zero, and the Trump administration proposed a trillion-dollar stimulus that would send direct payments to Americans for economic relief.
For companies that haven’t yet implemented contingency plans, these steps can protect supply chains and minimize business disruption.
The manufacturing-focused investor will continue to pay employees, including hourly workers, at its portfolio companies who test positive for the flu or the coronavirus.
Trump floats tax holiday to boost the economy from the coronavirus outbreak, and the SEC proposes a rule change for exempt offerings.
The outbreak of the novel coronavirus is disrupting production and transportation, which could threaten broader economic fallout for manufacturers across the size spectrum.