Dow, S&P 500 fall 3% as coronavirus spread fans fears
The Dow and S&P 500 tumbled 3% on Tuesday in their fourth straight day of losses as the coronavirus spread further around the world and...
Branson’s Virgin Galactic posts quarterly loss of $73 million
Billionaire Richard Branson’s space tourism company, Virgin Galactic Holdings Inc , said on Tuesday net losses widened to $73 million in the fourth quarter from...
Fed’s Clarida: We are ‘closely monitoring’ impact of coronavirus
The Federal Reserve is “closely monitoring” the escalating coronavirus outbreak but it is still too soon to gauge if it would require a change in...
Oil falls for third day as virus fears accelerate on U.S. warning
Crude prices fell about 3% on Tuesday, dropping for a third day, as concerns about the spread of the coronavirus grew after the U.S. government...
Wall Street plunges as coronavirus spread sends investors fleeing
Wall Street’s three major stock indexes fell 3% on Tuesday as the coronavirus spread further around the world and investors clamored for safety a day...
Global stocks sink further on lingering coronavirus fears
Stocks across the globe fell on Tuesday to their lowest since mid-December and the benchmark U.S. debt yield was near a record low on lingering...
Authentic Brands taps former H&M executive to helm Forever 21
Forever 21’s new co-owner Authentic Brands Group said on Tuesday it had appointed former H&M executive Daniel Kulle as the new chief executive officer of...
Juul under scrutiny by 39 state attorneys general
A group of 39 state attorneys general on Tuesday announced an investigation into Juul Labs Inc’s marketing practices, adding to mounting legal and regulatory problems...
Tesco completes China exit with $357 million stake sale
Britain’s biggest retailer Tesco has completed its exit from China with the 275 million pound ($357 million) sale of its joint venture stake to state-run...
Wall Street sell-off deepens as virus spread sends investors fleeing
Wall Street’s three major stock indexes fell almost 2% on Tuesday as the coronavirus spread further around the world and officials described it as “a...