NEW YORK — Stocks fell sharply in early trading Thursday, extending a weeklong rout and bringing the Dow Jones Industrial Average 10% below the record high it hit just two weeks ago. Microsoft and Budweiser maker InBev became the latest large ...
LEVERKUSEN, Germany (Reuters) - German drugs and pesticides company Bayer (BAYGn.DE) was at pains on Thursday to quell expectations it was nearing an out-of-court settlement laying to rest claims its glyphosate-based weedkillers cause cancer.
(Updates with market activity, Morgan Stanley comment, context) By Ross Kerber BOSTON, Feb 27 (Reuters) - U.S. Treasury yields continued to decline on Thursday as investors piled into the assets seen as safe havens, with the yield on the benchmark ...
(New throughout, adds comments, updates prices). * Palladium retreats from all-time high of $2,847.50. * Gold could hit $1,700/oz over the next couple weeks- analyst. * GRAPHIC-2020 asset returns: tmsnrt.rs/2jvdmXl. * Coronavirus interactive graphic: ...
This story was delivered to Business Insider Intelligence Digital Media Briefing subscribers earlier this morning. To check to see if you already have access to Insider Intelligence through your company, click here. Comcast has acquired Xumo, the free, ...
(Reuters) - J.C. Penney Co Inc (JCP.N) on Thursday projected a bigger comparable sales fall than market expectations for 2020, even after reporting better-than-expected results for the holiday quarter on strength of its women's apparel business.
The COVID-19 inspired rally in these four biotech stocks is hitting fever pitch in pre-market action Thursday morning. George Budwell. (TMFGBudwell). Feb 27, 2020 at 8:44AM. Author Bio. George Budwell has been writing about healthcare and biotechnology ...
By: Mike Wuerthele. Thursday, February 27, 2020 9:32 AM. As uncertainty swirls about the coronavirus impact technology industry-wide, industry stalwart Microsoft has issued an earnings warning, and Apple stock price continues to plummet. Microsoft said ...
Pending home sales rose in January, reversing course from December's decline, according to the National Association of Realtors. Only the West showed a minor drop in month-over-month contract activity, while the other three major regions—the Northeast, ...
Shares of United Airlines (UAL) - Get Report dropped Thursday after analysts downgraded the stock amid fears about the spreading coronavirus. Deutsche Bank analyst Michael Linenberg reduced his rating to hold from buy. "We are lowering our ratings to ...
Tel Aviv-based K Health has closed a $45 million series C round to grow its telemedicine offering. Cofounder Allon Bloch, previously CEO of Wix and Vroom, believes telemedicine could help reduce the often exorbitant costs of regular doctor's visits in the U.S. ...
Yellen, who headed the U.S. central bank from 2014 to 2018, said the economic impact depends on the severity of the outbreak. Facebook; Twitter; Comments; Print; Email. By Megan HenneyFOXBusiness. close. Sen. Bill Cassidy, R-La., discusses the ...
Gilead Sciences Inc.'s market value is closing in on $100 billion as the biotech jumped after a Wednesday night coronavirus update. But Wall Street is sounding the alarm for investors that the good times may not last. Plans to start two late-stage studies for ...
STATEN ISLAND, N.Y. -- As Staten Island and the rest of New York state prepare for the ban on single-use plastic bags on Sunday, some business owners are wondering if the new law applies to restaurants. Richie Holmes of Juicy Lucy in Ocean Breeze is ...
It's the kind of collaboration that makes you wonder, "Why didn't I think of that before?" In a move that challenges Nike's cutting edge sneaker technology, Skechers (NYSE:SKX) announced a deal with Goodyear Tire and Rubber Company (NASDAQ:GT) to ...
A new cable channel that carries the Chicago Cubs made its debut on Saturday, but Ken Matuszak, a lifelong fan of the team, wasn't able to tune in. His cable company, Comcast Corp., doesn't carry the new Marquee Sports Network, which is jointly owned by ...
Tesla Inc. shares fell after China registration data indicated a significant sequential slowdown in demand before the electric-car maker started feeling the brunt of any impact from the coronavirus. Registrations of new Tesla cars plunged 46% to 3,563 in ...
Google Inc. said Wednesday that it plans to invest more than $10 billion in U.S. offices and data centers this year with new investments in Ohio and 10 other states. The Mountain View-based Internet giant also plans to invest in California, Washington, ...
Eversource Energy is spending $1.1 billion to acquire assets of Columbia Gas, which was hit with a $53 million criminal penalty this week after natural gas ignited in September 2018 to damage dozens of homes in multiple towns north of Boston.
By Chris Prentice. WASHINGTON (Reuters) - Steven Seagal, the star of action movies including "Above the Law" and "Out for Justice," has agreed to pay $314,000 to resolve charges of "unlawfully touting" a cryptocurrency offering, the U.S. securities regulator ...
Uber is introducing a couple of new features designed to make ride pickups easier for both drivers and passengers. Firstly, the app interface has had a refresh to put more focus and transparency on ride arrival status, and secondly, a new translation tool has ...
From China to Palm Beach, Florida, these are the images by AP photographers from around the world that help to define the day Feb. 27. Sign up for daily e-mail. Wake up to the day's top news, delivered to your inbox. Sign-up for other newsletters · Terms of ...
Good Morning! The knives are out for economic forecasts around the world as fears grow over what many believe is a looming global pandemic. For the first time the number of new coronavirus cases outside China where the outbreak began have exceeded ...
When it comes to demolition, it's not a good idea to do first and ask forgiveness later. A Texas company that accidentally tore down the wrong house in a historic Dallas neighborhood has learned that the hard way. A report from CBS DFW stated that Bobby ...
Chicago developer Sterling Bay is putting the McDonald's headquarters it built up for sale. The 575,000-square-foot office could sell for nearly $450 million, sources familiar with the matter told Crain's Chicago Business. It would set a new record if it clears ...
Amazon's hyper-billionaire Jeff Bezos has pledged $10 billion (Dhs36.7b) of his personal fortune to fight climate change by funding scientists, activists and non-governmental organisations searching for ways and means to save our tortured planet.
CAMBRIDGE, Mass., Feb. 26, 2020 (GLOBE NEWSWIRE) -- Sarepta Therapeutics, Inc. (SRPT), the leader in precision genetic medicine for rare diseases, today reported financial results for the three and twelve months ended December 31, 2019.
PARIS — It was a bit of a shock to the fashion world on Sunday — at the end of Milan Fashion Week — when Miuccia Prada announced that Raf Simons would be joining her company as co-creative director. But only a bit of a shock. "Raf to Prada" rumors had ...
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