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A U.S. judge on Friday put on hold a suit by Amazon.com Inc challenging the Pentagon's decision to award a $10 billion contract to Microsoft Corp .

Walmart Inc said on Friday it would hire 50,000 more workers at its stores, clubs and distribution centers to meet a surge in demand for groceries and household essentials from consumers stockpiling during the coronavirus outbreak.

Ford Motor Co on Friday raised $8 billion from corporate debt investors to shore up its cash reserves as the coronavirus outbreak pummeled vehicle sales and production, resulting in an estimated loss of about $2 billion for the first quarter.

Netflix Inc has increased the amount of money in its coronavirus emergency relief fund by $50 million, bringing the total for displaced production workers to $150 million, a company spokeswoman said on Friday.

AMC Entertainment Holdings Inc , the world's largest movie theater operator, said on Friday it has enough cash to withstand a global suspension of operations until a possible partial reopening of its locations in July.

General Motors said on Friday it had started delivering the first batch of 54 ventilators to U.S. hospitals treating severely ill COVID-19 patients.

Gilead Sciences Inc on Friday increased enrollment target by 3,600 for a trial testing its experimental drug, remdesivir, in severe COVID-19 patients, a day after a media report said the drug was showing promise.

The Federal Reserve responded rapidly to stem losses from a "synchronized global sell-off" to help markets function as investors fled to safety on worries about the coronavirus outbreak, a senior official at the New York Fed said on Friday.

The Federal Reserve is moving as quickly as possible to set up new emergency lending facilities to support credit markets and the economy, and its efforts are already helping to stabilize short-term funding markets, said Daleep Singh, head of the markets group at the New York Fed.

Deutsche Bank investor Riebeck-Brauerei on Friday filed a motion seeking a vote to oust the lender's chairman Paul Achleitner at this year's annual general meeting, according to a document prepared by the activist shareholder's lawyer.

Occidental Petroleum shareholders next month will get their first say on the oil company's troubled acquisition of Anadarko Petroleum when they vote on issuing shares and warrants to Berkshire Hathaway for helping finance the $38 billion deal.

Norwegian Cruise Line Holdings Ltd has hired investment bank Goldman Sachs Group Inc to explore financing options that could include the sale of a stake in the company, people familiar with the matter said on Friday.

U.S. stocks rose on Friday and also posted gains for the week, boosted by a surge in Boeing shares, President Donald Trump's plan to reopen the coronavirus-battered economy and hopes of a potential drug by Gilead to treat COVID-19.

Alphabet Inc's Google said on Friday it will waive for the next five months the small fee it charges news publishers to decide which ads to show on their online properties.

An official charged with overseeing how the U.S. government handles $500 billion in bailout funds said on Friday he will also monitor how companies use the cash, including for share buybacks, dividends and staff compensation.

Occidental Petroleum shareholders next month will get their first say on the oil company's troubled acquisition of Anadarko Petroleum when they vote on issuing shares and warrants to Berkshire Hathaway for helping finance the $38 billion deal.

Virgin Atlantic has been told to resubmit its proposal for a 500 million pound ($625.35 million) coronavirus bailout package after the UK government was left unimpressed with its initial bid, Financial Times reported (https://on.ft.com/2xD3Ee5) on Friday.

As the U.S. quarterly earnings season picks up steam next week, investors will get an early glimpse of how companies are weathering the coronavirus outbreak, including the strength of their balance sheets.

Global stocks rallied on Friday on President Donald Trump's plans to revive the coronavirus-hit U.S. economy and a report about a clinical trial for a potential drug to treat COVID-19, while the dollar fell amid investors' growing risk-on sentiment.

Ford Motor Co on Friday raised $8 billion from corporate debt investors to shore up its cash reserves as the coronavirus outbreak pummeled vehicle sales and production, resulting in an estimated loss of about $2 billion for the first quarter.