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A giant sculpture reads "Do the right thing," at the Nike headquarters on March 22, 2018 in Beaverton, Oregon.While coronavirus fears wreak havoc on the markets, these high quality stocks are the safest to own in a downturn, according to Bank of America.
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‘We’re in a war’ — Bank of America boss takes aim at coronavirus“We have to take precautions to meet our part of the war, which is to get our teammates socially distanced, to go back to central operations to make sure we work,” Brian Moynihan said. “This is a health-care crisis and a humanitarian crisis. We can’t forget we have to take care of people and handle that first.”
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Bank of America CEO Moynihan says 'we're in a war to contain this virus'Bank of America CEO Brian Moynihan said Sunday the coronavirus has united the world in its battle against it.
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JPMorgan, Bank of America, Citigroup and other major banks suspend stock buybacks due to pandemicThe group — which includes JPMorgan, Bank of America and others — said in a statement that the pandemic was an 'unprecedented challenge.'
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Fed takes emergency steps to slash rates and ease bank rulesThe Federal Reserve took emergency action Sunday to help the economy withstand the coronavirus by slashing its benchmark interest rate to near zero and saying it would buy $700 billion in Treasury and mortgage bonds. The Fed’s surprise announcement signaled its concern that the viral outbreak will depress
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UAE cancels events, flights as central bank announces coronavirus fiscal planThe United Arab Emirates said on Saturday it was shutting major tourism and cult...
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