Local California officials on Tuesday were evaluating if and how Tesla Inc will be allowed to continue operating its main U.S. vehicle factory as the San Francisco Bay Area begins a three-week lockdown to rein in the spread of coronavirus.
The U.S. Federal Reserve on Tuesday acted to ensure companies can continue paying workers and buying supplies through the coronavirus epidemic, as top officials scrambled through the day to broaden efforts to blunt the economic fallout from the health crisis.
Kansas City Federal Reserve President Esther George said on Tuesday that the regional Fed bank continues to carry on with its key functions, and is ready to extend credit when needed through the U.S. central bank’s emergency lending window.
Gold, the dollar and global equity markets rose on Tuesday after the Federal Reserve said it would buy short-term corporate debt directly from companies to help relieve credit markets under strain from the economic impact of the coronavirus epidemic.
Dividend investors are concerned with recent market volatility. But Chevron’s dividend history is long and it might now make a better addition to income portfolios. Investors have beat down Chevron’s stock. They’re worried that lower oil prices might lead to a dividend cut. So, let’s take a look at the business, dividend history and payout safety going forward.
Chevron Oil Business
Chevron is a $133 billion dollar business. The company is based out of California and it employs about 48,000 people. Last year Chevron pulled in $140 billion in sales and that works out to $2.9 million per employee.
The company is an …read more […]
Eileen Sullivan-Marx, Dean at NYU Rory Meyers College of Nursing joins Yahoo Finance’s Zack Guzman and Akiko Fujita on The Ticker to discuss how the health care system is faring amid the coronavirus outbreak. …read more […]
Yahoo Finance’s Emily McCormick joins The Ticker to discuss Amazon’s actions amid the coronavirus, as Business Insider reports the e-commerce giant is stopping all shipments other than medical supplies and household staples to its warehouses. …read more […]
The bear was roused from hibernation and instantly set to work mauling investors.
The Dow Jones Industrial Average, Nasdaq and S&P 500 are plummeting.
On Monday, the indexes were at their lows and 30% off their highs set on February 12.
A 30% loss in a year is significant.
A 30% drop over four months is the expectation for a bear market.
A 30% step off a cliff in 33 days is historic.
In periods of market panic, many income investors go hunting for big, mouthwatering yields.
So in today’s Making the Grade, I look at some that either should be avoided or could face potential …read more […]
When the Trump Administration, a.k.a taxpayers, bails out U.S. airlines for $50 billion or more — it will happen, whether or not anyone uses the “b” word — many travelers will react with righteous indignation. They will say, how dare they? Or, they deserve to go out of business. These people will have a point. […] …read more […]
Seven million people living across Northern California, including Silicon Valley are being ordered to shelter in place in an effort to stop the coronavirus from spreading. Sam Liccardo, Mayor of San Jose, California joins Yahoo Finance’s The Final Round to break down the latest. …read more […]
FedEx Corp suspended its 2020 profit outlook on Tuesday, citing uncertainty due to the coronavirus pandemic.
Impossible Foods is discussing a new credit line worth several hundred million dollars with its lenders, as the plant-based meat company braces for the economic fallout of the coronavirus outbreak, people familiar with the matter said on Tuesday.
Boeing Co is seeking “tens of billions of dollars” in U.S. government loan-guarantees and other assistance as faces it a looming liquidity crunch from the massive coronavirus economic disruption impacting the entire aviation sector, two people briefed on the matter told Reuters.
Americans will get a three-month reprieve to pay their income taxes for 2019. …read more […]
The World Bank on Tuesday said it had increased to $14 billion the amount of fast-track financing available to members to respond to the global coronavirus pandemic, adding $2 billion to an initial package announced on March 3.
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