Stocks dip as virus impact weighed, oil gains for the week
Major world stock indexes edged lower on Friday as investors further assessed the economic fallout of China’s coronavirus outbreak, while oil prices registered their first...
Bridgewater, Viking among big hedge funds that added Tesla in fourth quarter before rally
Billionaire Ray Dalio’s Bridgewater Associates, Viking Global Investors, and Granite Point Capital were among prominent hedge funds placing new bets on electric carmaker Tesla Inc...
Wall Street slips as coronavirus dampens optimism
Wall Street edged lower on Friday as uncertainties surrounding the coronavirus epidemic and downbeat economic data put a damper on investor sentiment....
Apple to reopen a store in Shanghai on February 15
Apple Inc said on Friday it would reopen one of the seven retail stores it has in Shanghai from Feb. 15 with reduced working hours,...
United won’t fly 737 MAX until after summer amid new approval delays
United Airlines Holdings Inc said on Friday it is extending the cancellation of Boeing 737 MAX flights until Sept. 4, a fresh delay that comes...
Google protests ‘eye-catching’ $2.6 billion EU fine, judge disagrees
Google on Friday attacked what it called an eye-catching 2.4 billion euro ($2.6 billion) EU antitrust fine, prompting a judge to ask how a rich...
Oil rises nearly 1% on hopes demand will rebound from coronavirus effect
Oil prices rose on Friday, on track for their first weekly gain since early January as investors bet the economic impact of the coronavirus would...
Exclusive: Venezuela’s PDVSA steps up fuel shipments to Cuba as shortages bite
Venezuela’s state energy firm PDVSA has been shipping more oil this month to close ally Cuba, as tighter U.S. sanctions have worsened fuel shortages on...
Investors bet emerging markets will weather coronavirus impact
Investors are edging back into emerging markets, even though worries about the coronavirus’s impact on global economic growth have clouded prospects for the boom-and-bust asset...
The truth about ‘greedy’ seniors and the ‘war’ between generations
Former U.S. senator Alan Simpson summarized the argument well: seniors fighting Social Security benefit cuts were nothing more than “greedy geezers” stealing from young people...