February 11, 2020

Fed’s Powell says economy in good place, warns on coronavirus

Federal Reserve Chair Jerome Powell told Congress on Tuesday that the U.S. economy is in a good place, even as he cited the potential threat from […]
February 11, 2020

Wells Fargo CEO Scharf shakes up management at scandal-hit bank

Wells Fargo & Co Chief Executive Charles Scharf announced his first major reshuffle on Tuesday, promoting several executives to new roles while also tapping a JPMorgan […]
February 11, 2020

FTC demands data on small buys by Google, Amazon, Apple, Facebook, Microsoft

The Federal Trade Commission has issued special orders to Alphabet Inc’s Google unit, Amazon.com Inc , Apple Inc , Facebook Inc and Microsoft Corp to provide […]
February 11, 2020

Stocks surge to record highs on hopes virus is peaking, gold ebbs

Major U.S. and European stock indexes surged to fresh records on Tuesday after China’s senior medical adviser suggested the deadly coronavirus may be over by April, […]
February 11, 2020

Samsung unveils foldable Galaxy Z phone, challenging Apple design and tech

Samsung Electronics on Tuesday unveiled a square-shaped foldable smartphone, its second try at a novel technology that the Korean cell phone maker hopes will set it […]
February 11, 2020

S&P 500, Nasdaq set course for new closing highs as coronavirus fears abate

Wall Street advanced on Tuesday with the S&P 500 and the Nasdaq on track to score their second consecutive record highs after officials said the deadly […]
February 11, 2020

Oil prices rise from 13-month low as new virus cases slow

Oil prices edged up from 13-month lows on Tuesday as the number of new coronavirus cases slowed in China, easing some concern over the potential for […]
February 11, 2020

Merkel’s conservatives stop short of Huawei 5G ban in Germany

Lawmakers from German Chancellor Angela Merkel’s ruling conservatives have backed a position paper on 5G mobile networks that recommends tougher rules on foreign vendors while stopping […]
February 11, 2020

S&P 500, Nasdaq set for new heights on hopeful coronavirus news

The S&P 500 and Nasdaq indexes were set to hit record highs at the open on Tuesday as a top Chinese health adviser said the coronavirus […]
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