Year: 2020

Even for the fortunate ones not directly affected by the rapidly spreading coronavirus, try as you might, it is impossible to ignore the impact it is having on all facets of life across the globe right now; from the obvious and most pertinent health issues, to travel and across most industries, global supply chains and the world’s major economies have been negatively affected. The stock markets, of course, have been hit, too; Along with international markets tumbling over the past few days, all 3 major US indexes posted sharp losses this week.The way the cookie crumbles, though, means that some …read more […]

(Bloomberg) — U.S. President Donald Trump and federal health officials plan to brief the public Wednesday on efforts to prevent the spread of the coronavirus.Italy and Iran confirmed additional infections, Greece reported its first case and 700 people remained confined in a hotel in Tenerife, the Canary Islands. Europe’s debt risk jumped to a six-month high, stocks tumbled and oil slumped to the lowest in a year.Chevron Corp. asked traders and other staff at its Canary Wharf office in London to work from home as a precaution after an employee was tested for the coronavirus.Key DevelopmentsChina death toll at 2,715, …read more […]

It’s been a mediocre week for Guardant Health, Inc. (NASDAQ:GH) shareholders, with the stock dropping 13% to US$75.79… …read more […]

The CEO of MGA Entertainment says the coronavirus is having a meaningful impact on the toy industry. …read more […]

Ford Motor Co’s incoming chief operating officer will outline on Wednesday his priorities for the company’s turnaround, including cost cuts and more efficient new-vehicle launches in a year that includes the introduction of a redesigned F-150 full-sized pickup truck. Strategy chief Jim Farley, who begins his role as Ford COO on March 1 after being appointed earlier this month, is scheduled to speak at a Wolfe Research conference in New York early on Wednesday. Slides for his presentation showed other key parts of his strategy, include speeding up Ford’s push in vehicle connectivity and its commercial vehicle …read more […]

Ford Motor Co’s incoming chief operating officer outlined his priorities for the company’s turnaround on Wednesday, including cost cuts and more efficient new-vehicle launches in a year in which it will introduce a redesigned F-150 full-sized pickup truck. Other key plans include speeding up Ford’s push in vehicle connectivity and its commercial vehicle business, strategy chief Jim Farley, who begins his role as Ford COO on March 1 after being appointed earlier this month, said at a Wolfe Research conference in New York. Ford has acknowledged that mistakes proved costly in its introduction of the redesigned Explorer …read more […]

Headlines moving the stock market in real time. …read more […]

Enphase Energy, Inc. (NASDAQ:ENPH) shareholders might be concerned after seeing the share price drop 11% in the last… …read more […]

BP said it will leave three U.S. petroleum industry trade groups, including the country’s main refining lobby, due to differences over climate change policy. The decision comes after BP Chief Executive Officer Bernard Looney, who took office earlier this month, set one of the oil sector’s most ambitious targets for curbing carbon emissions, with a vow to “re-invent” the 111-year old company in the face of the climate challenge. The world’s top oil and gas companies are under heavy pressure from investors and climate activists to meet the 2015 Paris climate goal of limiting global warming to below …read more […]