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 […]
As a nationwide shortage of tests continues to hamper the effort to fight the spread of COVID-19, President Trump acknowledged that the way the tests are allocated might favor professional athletes and the “well-connected,” saying, “That’s been the story of life.” He implied he disapproved of the unfairness but did not suggest a way to […]
WASHINGTON — President Trump said Tuesday he was not prepared to invoke the authorities that would allow the government to ensure that the private sector can ramp up production of emergency medical supplies, despite a growing chorus of voices urging him to do so. “We’ll make that decision pretty quickly if we need it,” Trump […]
The Miami-Dade chapter of the NAACP is calling for the removal of the Miami Beach police chief and city manager in response to videos showing police interactions with black spring breakers last week. In one of the viral videos, a Miami Beach police officer appears to grab a young woman by the throat after she […]
Tom Brady is leaving the New England Patriots to join the Tampa Bay Buccaneers. The 42-year-old quarterback with six Super Bowl titles said in an Twitter post Tuesday morning that he won’t play for the Patriots in 2020, a team he played his entire career for. “Although my football journey will take place elsewhere,I appreciate […]