Stock Markets in Asia Fall on U.S. Stalemate: Live Updates

On Thursday morning, Chuck Robbins, the chief executive of Cisco, signed on to a companywide video conference from his home office in Silicon Valley. The connection was stable, but the quality was not great.

“I tell you,” he said in an earlier interview, “this whole teleworking thing — as much as we sell it to our customers, I’m not sure I want to do it 100 percent of the time.”

As the coronavirus sweeps the globe, even chief executives — who normally flit from meetings to conferences in chauffeured SUVs and private jets — have been confined to spare rooms.

From there, they are working to keep their business afloat as the stock market plummets; managing supply chains upended by travel restrictions and labor shortages; and trying to keep their employees healthy and sane.

Article source: https://www.nytimes.com/2020/03/23/business/stock-market-today.html