TGIF? That is hardly the case for Wall Street investors who own stocks in the Dow Jones Industrial Average, which recorded a dubious distinction. Friday sessions have been marked by dread among investors lately because of the uncertain landscape that the coronavirus outbreak has created heading into weekends. Case in point, the 124-year-old blue-chip index […]
Wall Street banks aren’t letting the spread of the coronavirus in the U.S. get in the way of a planned $2 billion property bond financing for the MGM Grand and Mandalay Bay casino and hotel properties in Las Vegas. Affiliates of the Blackstone Group and MGM closed a deal to buy the luxury casino and […]
Advanced Micro Devices Inc. believes the revenue growth that has sent its stock soaring in recent years will accelerate in the coming years, but the stock’s growth may have already priced in that advance, analysts wrote Friday morning. At an analyst day presentation late Thursday, AMD US:AMD Chief Executive Lisa Su forecast a long-term compound […]
President Donald Trump visited the Centers for Disease Control and Prevention in Atlanta on Friday, reversing an earlier decision to scrap the trip. Before leaving the White House, Trump signed an $8 billion spending bill to fight the coronavirus and told reporters that an individual at the CDC had tested negative for COVID-19, which was […]
Oat milk sales were 323% higher in late February this year compared to the same period a year ago, according to Nielsen. MarketWatch photo illustration/iStockphoto Hand sanitizer and face masks are high on the list of products Americans have been stocking up on amid the coronavirus outbreak, but there’s another less obvious top seller: oat […]
The number of U.S. cases of the coronavirus topped 280 on Friday, up from the 64 reported by the Centers for Disease Control and Prevention one week earlier. As more Americans have been tested for the virus, the number of cases has steadily risen. President Trump has continued to portray the situation as under control. […]
MINNEAPOLIS (AP) — Sen. Amy Klobuchar asked a top Minnesota prosecutor to initiate an independent investigation into the case of Myon Burrell, a black man who as a teenager was sentenced to life in prison after the stray-bullet killing of an 11-year-old black girl. The NAACP and other racial justice groups praised the decision Thursday, […]
BEIJING (Reuters) – “It’s fake! It’s fake!” residents high up in an apartment complex in the central Chinese city of Wuhan shouted down as a senior government official led an inspection tour below of how people were coping during the coronavirus lockdown. In a 15-second video clip, amid jeers and yelling, some residents accused employees […]
Former Vice President Joe Biden and Sen. Kamala Harris. AP Photo/David J. Phillip With two septuagenarians battling for the nomination and a fervent ideological battle boiling within the Democratic Party, the eventual nominee’s vice-presidential pick could have an impact on the general election, according to political scientists and operatives. Given the diversity of the Democratic […]
Twitter Inc. Chief Executive Jack Dorsey is reconsidering plans to spend part of this year in Africa, a trip that has drawn criticism and helped fuel a push by activist hedge fund Elliott Management Corp. to possibly replace him. Dorsey said Thursday that the spreading coronavirus was, in part, causing him to rethink his travel […]