PRESS DIGEST- New York Times business news - March 19

March 19 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

- General Motors, Ford Motor and Fiat Chrysler on Wednesday decided to idle their plants in the United States, Canada and Mexico for at least a week.

- The Federal Reserve said late Wednesday night that it would offer emergency loans to money market mutual funds, its latest in a series of steps to keep the financial system functioning and prop up the economy during the coronavirus pandemic.

- The European Central Bank will begin an enormous new wave of bond purchases meant to counteract the "serious risks" to the eurozone caused by the coronavirus pandemic.

Compiled by Bengaluru newsroom