COVID-19 has been wreaking havoc on American life for a couple of weeks now, with its most extreme impacts being felt in the past few days. With cases now present in all 50 states, we're seeing mass closures in an effort to curb the spread of the virus. These include schools, pu
(RTTNews) - Shares of Cronos Group Inc. (CRON) are currently down nearly 5% after the marijuana company said it would have to restate certain 2019 financial statements.
The United Auto Workers (UAW) labor union says that it has reached a deal with the Detroit automakers that will keep U.S. auto factories open and running, at least for now.
The business impact of the novel coronavirus outbreak isn't completely negative. On Wednesday, General Mills (NYSE: GIS) announced earnings results that, while showing pressure on parts of its global consumer food business, included steady sales growth. The owner of popular snac
The Dow soared more than 1000 points on Tuesday and got back a little more than a third of yesterday’s 3000-point plunge.
Yep, that’s where we are in this crisis. A major index jumps quadruple digits and makes up less than half of the previous selloff.
The best thing to
The executive director of the International Energy Agency, Fatih Birol, said on Saturday that any major economic stimulus package should have a heavy focus on clean energy.
(RTTNews) - The Home Depot (HD) announced, in response to COVID-19, beginning March 19, stores will close at 6 p.m. The opening hours will remain unchanged. The company said this change will help the stores to staff appropriately, provide enough time to restock shelves and perf
Shares of FedEx (NYSE: FDX) were lower in pre-market trading on Wednesday after the company released its third-quarter 2020 results after market hours Tuesday.
Zoom Video Communications (ZM) has been on a tear amid the Coronavirus outbreak. Over the past month, Zoom stock has risen 20%, while the S&P 500 has plunged 30%.
Schools across Britain were struggling to stay open on Wednesday, with some forced to partially or fully close due to the spread of coronavirus as pressure builds on the government to make a formal announcement that they should shut.
A measure of market liquidity—or the lack thereof—designed by a group of analysts at Goldman Sachs illustrates how it has evaporated for U.S. stocks over the past month.
(RTTNews) - Indian shares fell for the third day running on Wednesday, with key benchmark indexes dropping to their lowest levels in three years, as a spreading coronavirus pandemic threatened to bring the world to a halt.
(RTTNews) - General Mills (GIS) said, for fiscal 2020, the company now expects constant-currency adjusted earnings per share to increase 6 to 8 percent from the base of $3.22 earned in fiscal 2019, which is ahead of the previous guidance range of 3 to 5 percent growth. Constant-
The COVID-19 pandemic has thrown U.S. stocks into a bear market, ending a decade-long run higher since the end of the financial crisis in 2009. Many favorite stocks among investors have taken hard hits, and the S&P 500 has fallen more than 25% in just the past month.
A frenzied global scramble for U.S. dollars fuelled by concerns over the deepening coronavirus pandemic has mostly passed over China, even as other central banks roll out extraordinary funding operations.
Kenyan banks will allow personal borrowers who get into difficulties because of the coronavirus pandemic to extend their loans for up to a year, the central bank governor said on Wednesday.
(RTTNews) - Volkswagen Group (VKW.L, VLKAF.PK, VOW.BE) announced, as part of the second phase of TRANSFORM 2025+ strategy, Volkswagen Passenger Cars brand will deliver ID.3 all-electric car based on the new MEB electric platform to customers starting this summer. This will be fo
Nokia on Wednesday postponed its annual shareholders meeting which was scheduled for April 8 and set to approve the appointment of Sari Baldauf as chairman of the Finnish telecom equipment maker.
Schools across Britain were struggling to stay open on Wednesday, with some forced to partially or fully close as staff and students stayed at home because of the spread of coronavirus.