Global Corporate Giants Limit China Travel in Response to Coronavirus 
 

Multinational companies such as JPMorgan Chase, Apple and Kraft Heinz are suspending business trips to China amid concerns about an outbreak of the fast-spreading coronavirus.

 
Boeing Posts Full-Year Loss Amid 737 MAX Setbacks 
 

Costs from the 737 MAX crisis sent the aerospace giant to its worst financial performance in two decades, although its shares rose in Wednesday trading.

 
British Airways Halts China Flights 
 

British Airways became the first global airline to cancel service with mainland China as the number of people there infected by the new coronavirus surpassed that of SARS nearly two decades ago. American Airlines also said it will suspend Shanghai and Beijing flights from Los Angeles.

 
Goldman Sachs Talks to Its Critics in Effort to Make Friends 
 

Goldman Sachs Group set higher financial targets in an effort to turn a skeptical shareholder base into believers in Chief Executive David Solomon's turnaround plan.

 
Renault's New Boss Faces Uphill Drive 
 

Renault's boss has one big advantage in his tough new job: After a profit warning and the media spectacle of Carlos Ghosn's detention and flight, investors have low expectations. They still might not be low enough.

 
Mastercard Forecasts Slower Revenue, Expense Growth in 2020 
 

In the fourth quarter, profit more than doubled from a year ago when the credit-card company logged more than $750 million in litigation charges.

 
GE Finds Its Footing and Posts Strong Cash Flow 
 

General Electric reported strong cash flow from its industrial operations in the fourth quarter and gave an upbeat outlook for 2020, as the conglomerate reverses losses in its power business, and its aviation division continues to support the rest of the company.

 
MoviePass Parent Files for Bankruptcy 
 

Helios & Matheson Analytics Inc., as well as its MoviePass business and another subsidiary, filed chapter 7 petitions in the U.S. Bankruptcy Court for the Southern District of New York, according to a securities filing from the company.

 
AT&T's Results Dragged Down by TV Business 
 

The company's pay-television business continued to hemorrhage customers in the latest quarter, adding to pressure as the company readies its own entrant into the increasingly crowded video streaming market.

 
McDonald's Global Sales Rise, but U.S. Guest Count Falls 
 

Global same-store sales last year were the highest in more than a decade, but guest counts to restaurants in the U.S., McDonald's biggest market, fell from a year earlier.

 
 

(END) Dow Jones Newswires

January 29, 2020 13:00 ET (18:00 GMT)

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