By Richard Cowan, David Morgan and Susan Cornwell WASHINGTON (Reuters) – Two Republican senators defended themselves on Friday against heavy criticism, including calls that they resign, for selling substantial amounts of stocks before the coronavirus-induced market meltdown and after closed-door briefings on the outbreak. Senate Intelligence Committee Chairman Richard Burr sold up to $1.7 million […]
BARCELONA, Spain — When Prime Minister Pedro Sánchez of Spain, a country now in lockdown with over 17,000 confirmed cases of COVID-19, took the dais in Parliament in Madrid on Wednesday to announce a $220 billion package to help his country’s tourism-powered economy, warning that “the worst is yet to come,” Micol Maria de Vincenti […]
CrowdStrike Holdings Inc. shares skyrocketed in the extended session Thursday after the cybersecurity company’s results and outlook topped Wall Street estimates and coronavirus fears raise the need for more protective measures as millions of people work from home. CrowdStrike CRWD, +8.05% shares soared more than 20% after hours, following an 8.1% rise in the regular […]
Most of the country will likely be holed up at home and self-isolating for much of April amid the coronavirus outbreak. Luckily, Netflix Inc. has a bunch of new stuff on tap to keep your eyeballs busy. Among the highlights from the streaming service: Season 4 of “La Casa de Papel” (“Money Heist”) (April 3), […]
The Social Security Administration’s commissioner wants you to know you’ll still get paid, but the agency is changing a few other policies in the midst of the coronavirus crisis — and wants recipients to be aware of potential threats to their financial security too. “The first thing you should know is that we continue to […]
Tesla Inc. said late Thursday it will temporarily halt production at its Fremont, Calif., auto factory and its solar-panel factory in Buffalo, N.Y., amid efforts to limit the spread of the novel coronavirus. The halt appeared to end a game of chicken between Tesla TSLA, +18.39% and local authorities, as the California factory is located […]
Hope you’re taking care of yourselves, MarketWatchers. Don’t miss these top stories: Personal Finance How to get help paying your credit card bills and mortgage if you’ve been laid off because of the coronavirus outbreak Consumers can get relief from payments and fees during the public-health crisis — but that help doesn’t necessarily come automatically. […]
President Trump said Thursday that the antimalarial drug chloroquine had shown “very encouraging early results” treating COVID-19 and will be rolled out “almost immediately” to help fight the growing coronavirus outbreak. “It’s shown very encouraging, very, very encouraging early results, and we’re going to be able to make that drug available almost immediately, and that’s […]
As state and federal officials continue to ramp up efforts to control the outbreak of coronavirus in the United States, new information about the virus — in particular the potential for transmission by people without symptoms — is raising new questions about the official messaging on the use of face masks during this pandemic. In […]