WASHINGTON (Reuters) - U.S. consumer spending slowed in January and could lose further momentum as the fast-spreading coronavirus outbreak, which has sparked a stock market sell-off and revived fears of a recession, causes households to tighten ...
As coronavirus fears send bond yields tumbling, the average rate on the popular 30-year fixed mortgage fell Friday morning to 3.23%, an 8-year low, according to Mortgage News Daily. The 30-year fixed loosely follows the yield on the 10-year Treasury, which ...
Apple CEO Tim Cook said that he believes that China is getting the situation related to the COVID-19 coronavirus under control. He also said that factories in China that make iPhone parts are reopening. Apple warned last week that it will not meet its March ...
With high hopes for the approval of its blockbuster Alzheimer's drug, aducanumab, is now a good time to scoop up Biogen shares? Rachel Warren. (RachelW). Feb 28, 2020 at 11:01AM. Biogen (NASDAQ:BIIB) had investors more than a little concerned in ...
Data released by the Credit Suisse Research Institute showed that equities have provided an annualized real return of 5.2% since 1900, compared to 2.0% for bonds and 0.8% for Treasury bills. In a recent interview with CNBC, 89-year-old Berkshire ...
Delta Air Lines (NYSE: DAL) CEO Ed Bastian is in search of a new copilot following the Friday decision by CFO Paul Jacobson to retire after more than two decades with the airline. Jacobson, though just 48, joined Delta in 1997 and was named chief financial ...
Coty Inc. said Chief Executive Pierre Laubies will leave less than two years after he took over at the beauty and fragrance giant. Mr. Laubies will be replaced this summer by Pierre Denis, the CEO of the Jimmy Choo fashion brand and a Coty director, the ...
The animal-free protein company reported full-year 2019 operating results and provided guidance for the year ahead. Maxx Chatsko. (TMFBlacknGold). Feb 28, 2020 at 12:36PM. Author Bio. Maxx has been a contributor to Fool.com since 2013. He graduated ...
It's pretty hard to miss the headlines if you pull up any news site online or watch the news on television: The stock market took a "beating" on Thursday, Feb. 27. When the curtain finally closed on the volatile session, all three major U.S. indexes logged their ...
Listen up, Feb. 29 babies: In exchange for everyone pretty much ignoring your birthday for the past three years, several restaurants and fast-food outlets would like to offer you and your friends some discounted food. People who were born on Leap Day, ...
Four and a half years after the Volkswagen Dieselgate broke, the company is still facing scrutiny on two continents. In its home country Germany on Friday, the Volkswagen Group agreed to pay a settlement of nearly $1 billion to hundreds of thousands of ...
(Reuters) — The Vatican joined forces with tech giants Microsoft and IBM on Friday to promote the ethical development of artificial intelligence (AI) and call for regulation of intrusive technologies such as facial recognition. The three said AI should respect ...
CARLSBAD, Calif., Feb. 28, 2020 (GLOBE NEWSWIRE) — Alphatec Holdings, Inc. ("ATEC" or the "Company") (Nasdaq: ATEC), a medical device company dedicated to revolutionizing the approach to spine surgery, announced today that it has entered into ...
The FDA has been alerted to the first manufacturing shortage of a drug due to the COVID-19 outbreak that has spread to 44 countries in a matter of weeks. The FDA declined to identify the drug but said the shortage is related to a site impacted by the ...
Shares of Tesla (NASDAQ:TSLA) were hit hard on Friday, declining as much as 9.9%. As of 12:20 p.m. EST, however, the stock was down just 5%. Friday's decline adds to a sharp pullback in the electric-car maker's shares over the past week. Shares are ...
Gilead Sciences (NASDAQ:GILD) is reportedly in buyout, or possible licensing, talks with the clinical-stage cancer company Forty Seven (NASDAQ:FTSV), according to Bloomberg. Forty Seven's lead drug candidate, magrolimab, targets a fairly unique ...
(CNN) GM is adding two shifts and more than 1,200 jobs at two Michigan assembly plants to increase production. The Lansing Delta Township Assembly plans to add a third shift and about 800 jobs to build the Chevrolet Traverse and Buick Enclave SUVs.
Two more settlements reached by Wells Fargo with regulators in the span of a week impart yet more "what not to do" ethics and compliance lessons. On Feb. 21, the Department of Justice and Securities and Exchange Commission assessed total penalties of ...
Ride-hailing services such as Lyft and Uber are creating more climate pollution and road congestion per trip than the transportation options they displace, according to a new report from the Union of Concerned Scientists.
One of Chevrolet's most historic nameplates has reached the end of the line. The last Chevy Impala sedan rolled off the assembly line at GM's Detroit-Hamtramck plant in Michigan on February 27, marking the end of a lifespan that lasted more than 60 years.
Highflying stocks such as Tesla and Virgin Galactic are being sold off in the coronavirus-related stock market selloff. But the worst performing stocks in the market are getting hit just as hard. Highflying stocks such as Tesla and Virgin Galactic are being sold off ...
The worst week for stocks since 2008 looks even scarier in the volatility market. This below chart shows the difference between the daily percent change in the S&P 500 and the net change in the VIX Index, a gauge of implied volatility often called Wall Street's ...
While other fast food chains are rushing to launch meatless and plant-based options, Dunkin' went in the opposite direction and released the ultimate snack for meat lovers. Starting Wednesday, Feb. 26, Snackin' Bacon will be available at Dunkin' restaurants ...
A Canadian investor is buying a Las Colinas office high-rise. Vancouver-based Adventus Realty Trust expects to complete its purchase next month of the 17-story Point at Las Colinas tower on State Highway 114 at Wingren Drive. The more than ...
If you're looking for the most extravagant way to enjoy a Shamrock Shake, your journey ends here. In honor of the minty green shake's 50th anniversary, McDonald's made an 18k Gold Shamrock Shake Cup, and now it's up for auction on eBay. It's class meets ...
Soon, you won't be able to visit Harris Teeter for your middle of the night snack run. The North Carolina-based grocery chain will cut back the hours of its remaining 24-hour stores, according to the News & Observer. Already some of the grocer's stores have ...
MEXICO (NBC) - A cruise ship with more than 6,000 people aboard was given permission to dock in Mexico after passengers were denied entry in two Caribbean ports due to fears, later disproven, that a crew member was infected with the coronavirus.
TULSA, Okla. (KTUL) — American Airlines announced Friday that the company will invest more than $550 million in the Tulsa location. The company is holding an event at their Tulsa headquarters to celebrate the major announcement. A new 193,000 ...
New York Times best selling author, C.J. Box, will be featuring his new novel, "Long Range", on March 12 at 12 pm in the University of Wyoming's American Heritage Center (AHC). The author will be in the Stock Growers Room to debut his latest novel in the ...
European technology and manufacturing conglomerate Thyssenkrupp is selling its elevator business which is now building a big new Atlanta campus and test tower. Thyssenkrupp said Feb. 27 it will sell its elevator business for $18.9 billion to a consortium ...
(WHNT) – Step2 recalled 17,000 toy grocery shopping carts due to laceration concerns. According to the U.S. Consumer Product Safety Commission, Little Helper's™ children's grocery shopping cart's basket can break into sharp pieces, posing a laceration ...
Adds South Korea total infections, Hyundai shares. SEOUL, Feb 28 (Reuters) - Hyundai Motor 005380.KS suspended production at one of its factories in South Korea's southeastern city of Ulsan after a worker tested positive for coronavirus, a union source ...
VMware Inc.'s VMW fourth-quarter fiscal 2020 non-GAAP earnings of $2.05 per share missed the Zacks Consensus Estimate by 5.1% but increased 9.6% year over year. Revenues of $3.07 billion surpassed the consensus mark by 4.3% and also improved ...
The historic stock market rout may have a few hidden winners as the coronavirus crisis ricochets across the globe. To be certain, the week-long selloff has laid waste to stocks in virtually all sectors, forcing the S&P 500 (^GSPC) into its fastest ever 10% ...
This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (February 28, 2020). BEIJING -- Chinese search-engine giant Baidu Inc. warned its first-quarter revenue ...
On Texas Independence Day (that's Monday), 8th Wonder Brewery will give us TEX. The 4.3 percent ABV, 120-calorie beer will be unveiled at a launch party starting at 6 p.m. Monday at Flying Saucer Draught Emporium. "For years, our customers have been ...
There's a new contender in the battle over breakfast. Wendy's has started rolling out its new breakfast menu. It's only serving breakfast at a few locations right now, but the menu will be available nationwide on Monday. The breakfast menu will include items ...
Over the past few months, it's become clear that Amazon is not just amassing a collection of grocery stores. It's building a grocery ecosystem. With the addition of Amazon Go Grocery earlier this week, the company now has five grocery or grocery-adjacent ...
Gold prices today fell in Indian markets, extending their fall to the fourth day. . On MCX, gold April gold futures fell 0.17% to ₹42,314 per 10 gram, tracking an advance in global rates. Silver futures on MCX slumped over 2% or ₹1,100 per kg to ₹45,527.
HERNDON, Va. (AP) _ Strategic Education, Inc. (STRA) on Friday reported fourth-quarter earnings of $28.5 million. On a per-share basis, the Herndon, Virginia-based company said it had profit of $1.29. Earnings, adjusted for one-time gains and costs, came ...
Two passengers aboard an easyJet flight from Copenhagen to Edinburgh, Scotland, have been arrested after a "violent confrontation" left the cabin full of blood and the crew in tears, according to a report. Police were called to Edinburgh Airport after the plane ...
Pure Storage has reported record fourth quarter fy2020 revenues, the lowest net loss in five years, record customer acquisitions and a new FlashArray. The results beat analyst expectations but lower next quarter revenue guidance left shares relatively ...
Investing.com - Mastercard (NYSE:MA) Stock fell by 3.80% to trade at $275.38 by 09:31 (14:31 GMT) on Friday on the NYSE exchange. The volume of Mastercard shares traded since the start of the session was 537.07K. Mastercard has traded in a range of ...
WATERLOO, Iowa (KWWL) -- 42 employees of John Deere Waterloo Works will be placed on indefinite layoff effective May 4, 2020. Jennifer Hartmann with John Deere says this is being done as a result of the company's effort, " to become a leaner, more ...
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