What happened
Shares of club-warehouse retailer Costco Wholesale (NASDAQ: COST) jumped on Friday. Shares surged as much as 8.4% and closed the trading day up 8%.
The coronavirus outbreak has pushed major U.S. indices into the bear territory, ending their extended bull run. In fact, the Dow declined 9.99% on Mar 12, marking the largest single-day percentage decline since the 1987 stock market crash. Declining a respective 9.5% and 9.4% on
Microsoft Corp co-founder Bill Gates, who made the company one of the world's most valuable technology firms, stepped down from the board on Friday to focus on philanthropic works related to global health, education and climate change.
Shares of Verizon VZ popped after the market fought back from another brutal week on Friday. This climb came after the Dow drop 10% on Thursday alone, for its worst day since 1987. Despite the volatility, it might be time for investors to think about buying Verizon stock for its
A gauge of stocks across the globe bounced back on Friday led by a late rally on Wall Street, after U.S. President Donald Trump freed $50 billion to tackle the novel coronavirus pandemic.
Lincoln National Corp. LNC, with exposure to life insurance, annuities and retirement business, has come under pressure from the ongoing market volatility caused by coronavirus fears.
The race to acquire U.S. TV station operator Tegna Inc hinges not just on the price suitors are willing to pay, but also on how much they may give up in terms of assets to win regulatory approval, people familiar with the matter said.
The quickly unfolding coronavirus outbreak is an extreme case, but any sort of hard times will test our personal finances. Many people are now facing reduced work hours and income…
Stocks bounced back sharply on Friday and nearly erased Thursday’s historic market meltdown. The Dow rallied after President Donald Trump’s press conference.
If you were preparing for a getaway on the ocean, don't pack those bags just yet. On March 13, Royal Caribbean Cruises (NYSE: RCL) voluntarily suspended all U.S. cruises for thirty days due to the COVID-19 outbreak. The suspension goes into effect at Friday at midnight.
What happened
Drug stocks soared on Friday with the overall stock market rebounding from Thursday's historic sell-off. Several also spiked near the end of the day today as President Trump held a news conference where he declared a national emergency that he said would "open up a
Warren Buffett's Berkshire Hathaway Inc said on Friday that Microsoft Corp co-founder Bill Gates is retiring from the conglomerate's board of directors, and is expected to be replaced by Kenneth Chenault, who spent 17 years as chief executive of American Express Co.
President Donald Trump just held a news conference in which he declared a national emergency over the ongoing COVID-19 pandemic. Trump also mentioned several healthcare and biotech companies by name that are working closely with the government to combat this novel coronavirus.
During President Donald Trump's live address from the Rose Garden Friday, Walmart (NYSE: WMT) CEO Doug McMillon pledged to make Walmart parking lot space available for part of the fight against the COVID-19 coronavirus pandemic.
Some exchange-traded bond funds are pricing at a deep discount to their underlying assets, suggesting investors are having trouble buying and selling individual companies' bonds.
On Friday, President Donald Trump officially declared COVID-19 a national emergency. But he wasn't the only man on the White House's stage. Joining him were prominent CEOs from the private sector, among the Target's (NYSE: TGT) Brian Cornell. After being invited to the microphon
Microsoft Corp co-founder Bill Gates has stepped down from the company's board to dedicate more time to his philanthropic priorities including global health, education and tackling climate change, the company said on Friday.