February 27, 2020

Oil prices dive to lowest in over a year on coronavirus fears

Oil prices tumbled for a fifth day on Thursday to their lowest in more than a year, as further novel coronavirus cases outside China fanned fears […]
February 27, 2020

Financial firms discussing coronavirus contingency plans with regulators: official

U.S.-based banks and brokers are in discussions with federal regulators about allowing staff to work from home and other business continuity arrangements amid the spread of […]
February 27, 2020

Amazon bars one million products for false coronavirus claims

Amazon.com Inc has barred more than 1 million products from sale in recent weeks that had inaccurately claimed to cure or defend against the coronavirus, the […]
February 27, 2020

Opioid companies say lawyers’ fee demand threatens settlement talks

Johnson & Johnson and other drug companies facing thousands of lawsuits over their role in the opioid epidemic have warned that settlement talks will be “severely” […]
February 27, 2020

Microsoft shares slip after warning of coronavirus hit to supply chain

Shares of Microsoft Corp fell 4% on Thursday after the company warned of weakness in its PC business after a hit to its supply chain from […]
February 27, 2020

Wall Street on record correction pace as pandemic fears loom

Wall Street’s main indexes tumbled for the sixth straight session on Thursday with the S&P 500 on track for its fastest correction in history as the […]
February 27, 2020

Factbox: U.S. business forecasts earnings pressure as coronavirus spreads

As the coronavirus epidemic spreads in China and beyond, U.S. companies will see profits stagnate in 2020, according to a Goldman Sachs report. Powered by WPeMatico
February 27, 2020

Facebook cancels conference, Microsoft withdraws from another on coronavirus

Facebook Inc said on Thursday it would cancel its annual developer conference due to fears over the coronavirus outbreak and Microsoft Corp followed suit by withdrawing […]
February 27, 2020

Texas prosecutors accuse Arkema, executives of failures over chemical fire

Opening statements began on Thursday in criminal charges against the U.S. arm of a French company and three executives over chemical fires that burned for days […]
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