Trading Ideas
Democrats and Republicans are divided on coronavirus, polls say
Republicans and Democrats have many ideological differences, and coronavirus is now on the list. …read more […]
Month: March 2020
Trading Ideas
PG&E Strikes Deal With FEMA Over $3.9 Billion in Fire Claims
(Bloomberg) — PG&E Corp. reached a deal with the U.S. Federal Emergency Management Agency over $3.9 billion in relief Washington provided after the utility’s power lines sparked devastating wildfires.The settlement, which requires court approval, calls for FEMA to reduce its claim to $1 billion and allow victims of wildfires blamed on PG&E equipment to be paid in full first, lawyers for the two sides said outside a bankruptcy hearing Tuesday in San Francisco.The California Governor’s Office of Emergency Services has agreed to withdraw its claims. Details of the agreement will be filed with the court in the coming days, lawyers …read more […]
Business News
Airlines try to stave off calamity as coronavirus locks down Italy
Airlines around the world sank deeper into crisis on Tuesday as the worsening coronavirus epidemic and Italy’s lockdown hammered passenger numbers, forced the cancellation of thousands of flights and led to the delaying of plane orders.
Trading Ideas
Trump: had a ‘great meeting’ on stimulus on the hill
Center for American Progress’s Andres Vinelli joins Yahoo Finance’s Seana Smith to discuss how the White House could help industries combat the coronavirus, following President Trump’s meeting with government officials. …read more […]
Business News
Barclays reports coronavirus case on New York trading floor
Barclays Plc has told employees that a member of its trading staff in its Manhattan office has tested positive for the coronavirus, the company said on Tuesday.
Trading Ideas
Business News
McDonald’s hourly workers in U.S. demand paid sick leave as virus spreads
Hourly wage workers at McDonald’s Corp on Tuesday sought paid sick leave for those working at its U.S. restaurants and an update to the safety protocols as coronavirus cases in the United States rise.
Business News
Saudi Arabia, Russia raise stakes in oil production standoff
Saudi Arabia said on Tuesday it would boost its oil supplies to a record high in April, raising the stakes in a standoff with Russia and effectively rebuffing Moscow’s suggestion for new talks.
Business News
Oil jumps after rout on stimulus hopes, spending cuts by U.S. producers
Oil prices jumped by almost 8% on Tuesday, bouncing from the biggest rout in nearly 30 years a day earlier, as the possibility of economic stimulus encouraged buying and U.S. producers slashed spending in a move that could cut output.
Trading Ideas
Business News
Wells Fargo CEO tells Congress bank has doubled down on regulatory issues
New Wells Fargo & Co Chief Executive Charlie Scharf testified on Tuesday that substantial change was underway at the bank as lawmakers grilled him on the status of the bank’s remediation plans, consent orders and contingency plans related to coronavirus.
Trading Ideas
Coronavirus makes Microsoft stock an amazing money-making opportunity: top analyst
Back up the truck on Microsoft, this long-time analyst says. …read more […]
Trading Ideas
Coronavirus update: Markets recover but outlook darkens as NY orders New Rochelle containment
The U.S. and Europe underscored the world’s increasingly fraught coronavirus containment efforts, as the disease moves closer to becoming a pandemic. …read more […]
Trading Ideas
New York to deploy National Guard to New Rochelle amid coronavirus outbreak
New York Governor Andrew Cuomo us deploying the National Guard in New Rochelle, one of the state’s outbreak hot spots, to assist in coronavirus containment efforts. Yahoo Finance’s Zack Guzman, Kristin Myers and Former ‘Bachelorette’ Contestant & Business Consultant Jason Tartick discuss. …read more […]
Trading Ideas
Why now could be a 'golden opportunity' to own Apple
Now might be the best time to own Apple stock, according to Wedbush analyst Dan Ives. …read more […]