The cruise industry has shut down due to the coronavirus pandemic. Royal Caribbean (NYSE: RCL) stopped its operations on March 14 and won't launch any new cruises until April 11 (a date which could easily get pushed back).
Canada's main stock index fell on Monday due to heightened fears of a global recession as the fast-spreading coronavirus forced lockdowns across several countries.
(RTTNews) - Genentech, a member of the Roche Group (RHHBY.PK), said the U.S. FDA has approved a double-blind, placebo-controlled Phase III clinical trial in collaboration with the Biomedical Advanced Research and Development Authority to evaluate the safety and efficacy of intra
The current bear market has hit hard, but for savvy investors, it has brought prices and valuations down to create some great buying opportunities. The question investors should be asking themselves is, Which stocks are great buys right now?
(RTTNews) - LabCorp (LH) said Monday that it is exploring all options to prioritize COVID-19 testing for the hospital inpatient population who are being treated for what the physician suspects may be the COVID-19 virus.
By Michael Foster
Markets have freaked out over the coronavirusaEUR"but thereaEURtms good reason to believe they have overreactedaEUR"I gave you a few of these reasons in my March 19 article.
Warren Buffett's holding company Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) has been able to produce jaw-dropping gains for its shareholders over the years by adhering to three basic principles:
General Electric Co's aviation unit plans to cut its total U.S. workforce by about 10%, Chief Executive Officer Larry Culp said on Monday, as airlines delay purchases amid the coronavirus pandemic. Culp also said he would forgo his salary for the rest of 2020.
The British pound weakened on Monday as investors rushed to buy the U.S. dollar amid the coronavirus pandemic, although new steps taken by the U.S. Federal Reserve to combat the impact of the crisis limited sterling's drop.
Social distancing efforts are lifting Hasbro's (NASDAQ: HAS) business. CEO Brian Goldner said in an interview with CNBC on Monday that consumers in many markets are snapping up its products as families look for ways to stay entertained at home.
(RTTNews) - Invacare Corp.(IVC), a manufacturer and distributor in its markets for medical equipment used in non-acute care settings, said it has suspended its fiscal 2020 guidance, citing uncertainty and variability of business operations in light of COVID-19.
(RTTNews) - Hoth Therapeutics, Inc. (HOTH) has reached an agreement with Voltron Therapeutics, Inc. to form a joint venture, to be named HaloVax, to commence preclinical studies for the development of vaccine prospects to prevent COVID-19. The studies are based upon VaxCelerate,
Cloud service provider Box Inc said on Monday it would appoint three new directors to its board as part of an agreement with activist investor Starboard Value LP.
The U.S. dollar fell back towards the day's lows against its rivals on Monday after the Federal Reserve said it would begin backstopping a wider range of credit, a move that fuelled a rally in risky currencies including the Australian dollar.
Millions of Americans are struggling financially as the COVID-19 outbreak continues to rip the U.S. economy apart. Small businesses are suffering in particular, with many having to lay off employees in conjunction with shutting down.
It's a sensitive time on the stock market these days with the coronavirus sending investors into a panic. That's bad news, especially for the cannabis industry where stocks are cratering to all-time lows. Many investments are down 60% or more. Exchange-traded funds (ETFs) are no
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