Wall Street sell-off batters bitcoin, pounds palladium as investors go to cash
Crushing asset sell-offs ranging from bitcoin to precious metals and European stocks accompanied Wall Street’s slide into bear market territory on Thursday, as investors liquidated...
Walgreens, Kroger limit purchase of some essential products amid virus outbreak
Pharmacy chain Walgreens Boots Alliance Inc and supermarket chain Kroger Co on Thursday placed purchase limits on certain products to stabilize inventory, as customers stock...
No more nut rage: activist fund takes on family-controlled Korean Air
Days after photos of broken windows and smashed china hit the newsstands revealing a Christmas Day family squabble in the home of Korean Air’s late...
Gap sees 2020 profit above estimates, flags $100 mln virus hit to sales
Gap Inc leaned on its turnaround plan to forecast 2020 profit above market expectations on Thursday, but flagged a $100 million sales hit in Asia...
Bridgewater hedge funds post mixed results amid market turmoil
Bridgewater Associates LP, the Ray Dalio-led hedge fund giant famous for making money during the 2008 financial crisis, has posted mixed returns amid the coronavirus-led...
Business jet operators see demand surge on U.S. travel restrictions, coronavirus
New U.S. restrictions on Europeans entering the United States are fueling additional bookings for business jet flights, which were already in higher demand this year...
Oracle’s cloud push powers quarterly profit, revenue beat
Growth in cloud business helped Oracle Corp top quarterly profit and revenue on Thursday and said the coronavirus will have “minimal impact” on the fourth-quarter...
Slack shares slump on soft outlook, slower growth
Workplace communication platform Slack Technologies Inc forecast a soft revenue outlook for the first quarter on Thursday, sending its shares down more than 20% aftermarket,...
Wall Street empties out as New York City declares state of emergency
Working from home went from optional to mandatory across Wall Street this week as financial firms reported their first confirmed cases of coronavirus and the...
Amazon tells staff globally to work from home if possible
Amazon.com Inc on Thursday said it was recommending that employees globally work from home this month if they are able to do so, while necessary...