Former Vice President Joe Biden on Friday urged "each CEO in America" to decide to a 12 months of no inventory buybacks because the coronavirus pandemic wrecks the U.S. financial system. 

As Congress and the White Home hash out an financial reduction plan anticipated to simply prime $1 trillion, Democrats have pushed for a proposal to specify that corporations receiving assist should cease share repurchases. The suggestion by the Democratic presidential front-runner seems to go even additional  to all public corporations.

"As employees face the bodily and financial penalties of the coronavirus, our company leaders can't cede accountability for his or her workers," Biden mentioned in a tweeted assertion. 

Employees and companies have already taken large blows as efforts to gradual the unfold of the virus have frozen exercise throughout the nation. With...