Latest Business News

• China orders Baidu to clean up 'low-brow content'
  China'a internet regulator ordered search engine Baidu to clean up improper information and halt the spread of "low-brow content."
  
• Jack Dorsey pledges $1 billion of his Square stake for COVID-19 relief efforts
  Twitter Inc Chief Executive Officer Jack Dorsey on Tuesday pledged $1 billion of his stake in Square Inc , the payments processor that he co-founded and heads, to help fund relief efforts related to the coronavirus pandemic.
  
• Amazon to suspend delivery service competing with UPS, FedEx
  Amazon.com Inc will suspend a delivery service that aims to compete with UPS and FedEx in the United States.
  



• Tesla to furlough workers, cut employee salaries due to coronavirus
  Tesla Inc told employees on Tuesday it would furlough all non-essential workers and implement salary cuts during a shut down of its U.S. production facilities because of the coronavirus outbreak.
  
• Taiwan's Foxconn says to make ventilators with Medtronic
  Taiwanese electronics manufacturer Foxconn will make ventilators with U.S. firm Medtronic Plc to help patients afflicted by the coronavirus outbreak, the company said on Wednesday.
  
• Aggressive restrictions notably slow coronavirus in California tech hub
  California's Santa Clara County, the technology hub hit hard by some of the first American cases of the coronavirus, dramatically slowed the illness with early and aggressive shelter-at-home rules, public health officer Sara Cody said on Tuesday.
  
• With Singapore lockdown underway, 'essential' chipmakers count on less disruption
  Computer chip makers are banking on less disruptions to their factories from this week's strict lockdown in Singapore than the havoc wreaked on their supply chains last month when Malaysia and the Philippines imposed vague restrictions about "essential" operations.
  
• Boeing making new 737 MAX software updates to address computer issue
  Boeing Co said late on Tuesday it will make two new software updates to the 737 MAX's flight control computer as it works to win regulatory approval to resume flights after the jet was grounded following two fatal crashes in five months.