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 […]
Fund giant BlackRock has released its stewardship playbook, a rough plan that furthers the industry-rattling pledge for sustainability from its leader Larry Fink earlier this year. BlackRock, which manages some $7.4 trillion, claims its size allows it to more thoroughly engage with the companies it invests in. Its Wednesday release laid out its corporate engagement […]
Many investors didn’t trust airline stocks through the bull market. Their valuation to earnings ratios were low, even as profits rose dramatically. But despite a history of rough patches during unforeseen events, such as the Sept. 11, 2001, attacks and the volcanic eruption in Iceland in 2010 that disrupted air travel, large U.S. airline companies […]
Low-volatility stocks have outperformed during this brutal stock market decline. Perhaps more interestingly, they’ve done better over longer periods, even before the coronavirus-led market crash. The S&P 500 Index SPX, -5.18% set a closing high Feb. 19. After that, the index fell 25.2% (with dividends reinvested) through March 17. This has been the most volatile […]
When Katherine Klingseis recognized nursing homes and assisted-living facilities would soon be locked down because of the coronavirus, she got her hands on a flip phone and went to see her 78-year-old father after work on Thursday. Klingseis, a writer in Ames, Iowa, didn’t know when she would be restricted from seeing her father and […]
Joe Gawronski said concerns about the coronavirus outbreak hit home on March 13. “Our attitude has changed markedly since Friday,” he said of his family’s reaction to the viral outbreak causing the disease COVID-19. The president of New York brokerage firm Rosenblatt Securities lives in Summit, N.J., a suburb a little more than 20 miles […]