The coronavirus outbreak blindsided the world as it sent economies into a nosedive. Now, the bottom is starting to come into focus for several of the largest companies in the U.S.
Manufacturer 3M Co. and drugmaker Merck & Co. see the pandemic impact peaking this quarter, paving the way for some semblance of a rebound later in the year. As Pfizer Inc. Chief Financial Officer Frank D’Amelio put it on a conference call Tuesday, “Punch line: second-half recovery.”