Coronavirus appears to linger longer in certain public spaces. As of Wednesday, 6 million people had been tested in the U.S. for SARS-CoV-2, with 1,038,451 confirmed cases, and 60,853 deaths, of which 18,076 were in New York City, the epicenter of the pandemic in the U.S. Worldwide, there were 3,189,017 confirmed cases and 227,368 deaths, […]
Tesla Inc. late Wednesday surprised Wall Street by posting a first-quarter profit amid the broad economic destruction wrought by the coronavirus pandemic. Tesla TSLA, +4.08% Chief Executive Elon Musk kept the surprises going on a post-results call with analysts, veering off script to condemn the ongoing restrictions put in place to curb the spread of […]
Over the last week, new reporting has provided corroborating evidence for a decades-old allegation of sexual assault against former Vice President Joe Biden, a charge that has been denied by the presumptive Democratic presidential nominee’s campaign. Timeline of the allegations In March, former Biden congressional staffer Tara Reade told podcaster Katie Halper that in the […]
The United States passed 60,000 coronavirus deaths on Wednesday, according to data from Johns Hopkins University, more than three months earlier than had been predicted by a model the White House has frequently used. Until recently, the 60,000 mark was touted by President Trump as a measure of success. Just 10 days ago, Trump said […]
Former Georgia gubernatorial candidate Stacey Abrams on Tuesday said she backed Joe Biden despite new allegations of sexual assault against the former vice president. “I believe women deserve to be heard, and I believe that has happened here,” Abrams told the Huffington Post. “The allegations have been heard and looked into, and for too many women, […]
An earlier version of this article misstated the parent company of Pactiv. The correct parent, Reynolds Group Holding Ltd., has been added. A grocer’s meat section. Getty Images Meat-processing plants aren’t for the faint of heart during the best of times. But after the Trump administration issued a new order Tuesday to keep slaughterhouses open […]
Alphabet Inc. and Snap Inc. have warned about severe downturns in the online-advertising market in the past week, and seen their stocks head higher. Facebook Inc. US:FB can only hope to extend that trend. Facebook has already said that it is experiencing record usage but seeing advertisers slash their marketing budgets — that means more […]
Alphabet Inc. executives are prioritizing share repurchases instead of continuing to spend on new employees and business development during the COVID-19 pandemic, and Wall Street is rewarding Google’s parent company. Alphabet reported worse-than-expected first-quarter earnings Tuesday, with ad sales dropping more than 10% in March as shelter-in-place orders due to the coronavirus began to take […]
AMC Entertainment, the world’s largest movie-theater chain, said Tuesday it will no longer play any movies from Universal Pictures after comments by NBCUniversal CEO Jeff Shell that the entertainment giant plans to release future movies directly to homes on-demand. A Wall Street Journal report Tuesday detailed how Universal’s decision to make the animated kids movie […]
Is the worst behind the stock market after a coronavirus-induced rout? No one knows for sure as officials attempt to restart economies from a self-imposed period of hibernation to curb the spread of the contagion. However, a chart pairing the infections of the COVID-19 epidemic by growth rate and one of Wall Street’s most closely […]