Warren Buffett on Friday said the coronavirus pandemic forced him to cancel Berkshire Hathaway Inc’s annual shareholder weekend, the largest gathering in corporate America, because the safety of participants and the wider community was paramount.
Oil prices were set for their biggest weekly slide since the 2008 financial crisis despite a 4% bounce on Friday, as the coronavirus outbreak threatened demand and crude producers promised more supply.
The U.S. Food and Drug Administration (FDA) issued emergency authorization for a faster coronavirus test made by Swiss diagnostics maker Roche and allowed New York state to authorize certain labs to test for the virus, moves aimed at boosting screening capacity to help contain the growing epidemic.
Experts are predicting a bumpy ride for the remainder of the income tax filing season, however the announce extension for “certain individuals” plays out. …read more […]
U.S. Treasury Secretary Steven Mnuchin on Friday said he expected the U.S. economic hit from the coronavirus outbreak to be short-term, and that the Trump administration was keeping its options open for any other future steps that may be needed.
Canada may soon advise against non-essential foreign travel, and it will be taking a number of new measures at airports in a bid to slow the spread of coronavirus, Prime Minister Justin Trudeau said on Friday.
News of a Nikola IPO has investors talking. Nikola is breaking into the electric vehicle (EV) industry, facing competitors like Tesla and Rivian.
However, Nikola Corporation isn’t your standard EV company. It has plans to go further than anyone in the mission to zero-emission vehicles with its unique technology. So, it might be a good investment opportunity. Here’s what we know…
Nikola IPO: The Business
CEO Trevor Milton founded Nikola in 2015. Now, it’s the global leader in zero-emissions heavy duty trucks and hydrogen infrastructure. It focuses on building battery-electric and hydrogen fuel-cell electric vehicles. Nikola is the only EV company using hydrogen …read more […]
The number of deaths in people with the coronavirus in the Netherlands has doubled to 10, Dutch health authorities said on Friday.
The coronavirus epidemic is putting up to 50 million jobs in the global travel and tourism sector at risk, with travel likely to slump by a quarter this year, Asia being the most affected continent, the World Travel and Tourism Council said on Friday.
Shareholders in Inseego Corp. (NASDAQ:INSG) had a terrible week, as shares crashed 30% to US$4.09 in the week since… …read more […]
Unfortunately for some shareholders, the International Business Machines (NYSE:IBM) share price has dived 34% in the… …read more […]
Berkshire Hathaway-owned GEICO is seeing fewer accidents reported in the last 10 days. …read more […]
Unfortunately for some shareholders, the Hewlett Packard Enterprise (NYSE:HPE) share price has dived 39% in the last… …read more […]
Warren Buffett, Chairman and CEO of Berkshire Hathaway, sat down with Yahoo Finance’s Editor-In-Chief Andy Serwer to discuss the impact of the coronavirus pandemic, especially the implications for the markets and the overall economy. Buffett also reveals how Berkshire Hathaway has a unique view on how consumers are changing their behaviour. …read more […]
Unfortunately for some shareholders, the Hanesbrands (NYSE:HBI) share price has dived 37% in the last thirty days… …read more […]
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