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UPDATE 3-Amazon raises overtime pay for warehouse workers

Amazon.com Inc said on Saturday it is raising overtime pay for associates working in its U.S. warehouses as the world's largest online retailer tries to meet the rapidly growing demand for online shopping from consumers stuck at home during the coronavirus outbreak.

Musk, Medtronic discuss ventilators amid coronavirus outbreak

As the United States is combating a shortage of ventilators and respirators amid the coronavirus outbreak, Tesla Chief Executive Officer Elon Musk said he has had a discussion about ventilators with medical device maker Medtronic.

U.S. market sell-off brings short sellers $344 bln profit

Investors betting on declines in U.S. stocks saw big profits in the last month as equities crashed while the global spread of coronavirus darkened economic prospects and net increases in short selling implying no turnaround in bearish sentiment.

Best Buy withdraws fiscal 2021 financial guidance

Best Buy Co Inc said on Saturday that the company withdrew all financial guidance for fiscal 2021, for both the first quarter and full year, due to increased uncertainty related to the potential impacts of the coronavirus.

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