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Walmart Inc said on Friday it would limit the number of customers in a store at a time, starting April 4, to encourage social distancing among its customers.

Oil and gas producer Occidental Petroleum Corp said on Friday it appointed Robert Peterson as the company's new chief financial officer.

Bank of America Corp and JPMorgan Chase & Co are now accepting applications for federally backed small-business loans, a sign that big U.S. banks have warmed up to the relief program after initially resisting participation.

Kraft Heinz Co has moved to halt production at three plants providing restaurant supplies but has added shifts at others to meet demand for packaged foods like macaroni and cheese amid the new coronavirus outbreak, its chief executive said on Friday.

Morgan Stanley plans to hold in person its annual shareholder meeting, scheduled for May 21, the Wall Street bank said on Friday, even as many companies have moved their meetings online amid the novel coronavirus outbreak.

U.S. President Donald Trump met with oil company executives at the White House on Friday afternoon to discuss a historic oil-price slump threatening their businesses, brought on by the coronavirus outbreak and a Saudi-Russia price war.

Canada has signed an agreement with Amazon Canada to manage the distribution of medical equipment like masks, gloves and ventilators purchased by the Canadian government to help in its fight against the cornonavirus outbreak, Prime Minister Justin Trudeau said on Friday.

The dollar firmed against major currencies for a third straight day on Friday, as investors took shelter in the U.S. currency amid worsening economic fallout from the coronavirus outbreak.

Global stock markets sank on Friday following more signs that the COVID-19 pandemic would take a massive toll on economic growth, while oil prices continued to rally on hopes of a cut to global supply.

Aircraft lessor Avolon on Friday announced the cancellation of an order for 75 Boeing 737 MAX planes that were due to be delivered by 2023, saying it was adjusting its order book to the disruption caused by the coronavirus pandemic.

As the coronavirus bore down on the United States in February and President Donald Trump renewed his public call for interest rate cuts, he and Federal Reserve Chair Jerome Powell conducted two previously undisclosed phone calls, calendars released by the U.S. central bank on Friday show.

U.S. President Donald Trump will meet with oil company executives at the White House on Friday afternoon to discuss a historic oil-price slump threatening their businesses, brought on by the coronavirus outbreak and a Saudi-Russia price war.

Crude futures surged for a second day on Friday, with both U.S. and Brent contracts posting their largest weekly percentage gains on record due to hopes that a global deal to cut crude supply worldwide will emerge early next week.

Russian Energy Minister Alexander Novak said on Friday that the United States has legal restrictions on oil output cuts, but the country should be flexible with them, RIA news agency reported.

Kraft Heinz Co has moved to halt production at three different plants because of a decline in demand stemming from the new coronavirus outbreak, its Chief Executive Miguel Patricio on Friday said in a video presentation hosted by Brazilian retail brokerage XP Inc .

U.S. employment numbers will get worse amid the ongoing coronavirus outbreak before getting better, Richmond Federal Reserve President Thomas Barkin said in an interview with Bloomberg News.

U.S. passenger and cargo carriers and airport contractors faced a deadline of 5 p.m. EDT (2100 GMT) on Friday to tap the federal government for up to $32 billion in payroll grants to keep workers employed while they ride out the economic toll of the coronavirus on their business.

Wall Street's main indexes fell on Friday as the coronavirus abruptly ended a record U.S. job growth streak of 113 months, leaving little doubt that the economy is in a recession.

American Airlines, the largest U.S. airline, confirmed Friday it has applied to the U.S. Treasury for a chunk of the $25 billion payroll assistance grants approved by Congress last week.

Global currency fund managers racked up gains in the first quarter as they benefited from the extreme volatility that the coronavirus pandemic has stoked across financial markets.