Some of Washington state’s largest employers are telling their workers to telecommute to minimize the spread of coronavirus, and the policy could soon extend to Silicon Valley. Microsoft Corp. US:MSFT has told employees in the Puget Sound region in Washington state and the San Francisco Bay Area to work from home until March 25, while […]
U.S. Treasury yields tumbled on Thursday as a volatile stock market helped draw investors to government paper, amid worries about the COVID-19 outbreak’s potential to upend American consumer activity and supply chains. What are Treasurys doing? The 10-year Treasury note yield BX:TMUBMUSD10Y slumped 7 basis points to 0.924%, after setting an intraday record low of […]
Mike Bloomberg’s plan for his future political spending is starting to take shape, as a Washington Post report on Thursday said the billionaire expects to form a new group that could support Joe Biden in his Democratic primary fight against Sen. Bernie Sanders. The new independent group also looks poised to fund ads attacking President […]
The Federal Reserve is not done cutting interest rates. That’s the view from Wall Street. Economists for leading financial firms expect the U.S. central bank to follow up this week’s emergency half-point interest-rate cut with another move at its March 17-18 meeting. The reasoning is not that the Fed is trying to hold the stock […]
The chief judge on the Foreign Intelligence Surveillance Court has barred Justice Department and FBI officials under review for wiretapping former Trump-campaign adviser Carter Page from appearing before the Court. In a 19-page opinion, Judge James E. Boasberg ordered that “FBI personnel under disciplinary review in relation to their work on FISA applications accordingly should […]
Anthony Jose Archibeque-Martinez, 23, and Elizabeth Archibeque-Martinez, 26: Coconino County Jail An Arizona mother, father and grandmother were charged with murder and child abuse after confessing to keeping a six-year-old in a closet with his brother for “stealing food”. The child died. Anthony Jose Archibeque-Martinez, 23, Elizabeth Archibeque-Martinez, 26, and Ann Marie Martinez, 50, were […]
Zoom Video Communications Inc. tumbled 7% in after-hours trading Wednesday after it reported better-than-expected results that did not meet lofty expectations. Thus may end the teleconferencing company’s ZM, -0.57% recent spectacular stock run as one of the few tech companies to benefit from the coronavirus fears. Zoom reported net income of $15.3 million, or 5 […]
Buyers are hot for luxury SUVs. And yet, there still are large, comfortable sedans that can provide the room, ride, and handling (not to mention all-wheel drive) that make them viable alternatives in the luxury space. A case in point is this comparison between the 2020 Genesis G90 and 2020 Audi A8. 2020 Genesis G90 […]
Low-slung 4-door EV “grand tourer” Interior uses recycled materials 15-inch center touchscreen Cameras replace side-view mirrors Previews upcoming Polestar model(s) Polestar recently launched as an offshoot of Volvo that focuses on EVs, has so far unveiled two production models: the Polestar 1 plug-in-hybrid coupe and the battery-electric Polestar 2 4-door. Now, the company is looking ahead with the […]
Getty Images Democratic presidential candidate Joe Biden greets restaurant patrons in California. U.S. stocks surged to close higher Wednesday, as investors warmed to the Federal Reserve’s surprise interest rate cut and support from other central banks, as well as former Vice President Joe Biden emerging as the frontrunner of the Democratic Party’s presidential race. Stocks […]