Sunday, December 4, 2022

Business

Coronavirus Rocks Already Strained Ties Between Us And China

WASHINGTON (AP) — Badly strained ties between the United States and China are deteriorating further with the two sides hurling harsh accusations and bitter name-calling over respon...

Amazon Limiting FBA Replenishments To High Demand Products Only

SEATTLE (VINnews) — As a result of the sharp increase in online shopping due to Coronavirus fears, Amazon is seeing basic houselhold items quickly sell out. In response to that,...

Dow Plunges 3,000 Points, As Coronavirus Market Collapse Continues; Worst Day Since ’87

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NEW YORK (AP) - The Dow industrials took a 2,999-point nosedive on Monday as fears deepen that the coronavirus outbreak will throw global economy into recession. Even for a mar...

Dow Plunges 2,250 Points, 9.7%, As More Of Us Economy Shuts Down, Fed Makes Emergency Rate Cut; Oil Prices Fall Sharply

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NEW YORK (AP) — Stocks sink at open, triggering 15 minute halt in trading, as investors worry virus impact could lead to recession.

Business Fallout: Walmart Limits Hours, Airlines Cut Flying

WASHINGTON (AP) — A growing list of retailers are closing stores or limiting their operating hours as customers remain home in an effort to slow the spread of the virus outbreak. ...

RSVP ‘Maybe’? Coronavirus Puts Wedding Industry On Edge

NEW YORK (AP) — Guests are jittery, travel is tangled, and soon-to-be brides and grooms are facing tough choices because of the coronavirus outbreak: postpone, cancel or forge ahea...

Top Cruise Ship Companies Stopping Trips From US

WASHINGTON (AP) — President Donald Trump tweeted on Friday that four major cruise ship companies have agreed to suspend trips from the U.S. for 30 days, effective at midnight. T...

Virus-Related Shutdowns Bringing US Economy To Grinding Halt

AUSTIN, Texas (AP) — It took 15 minutes for the coronavirus to wreck Shelley Hutchings’ carefully calculated financial plans. Hutchings, a bartender and performer, had lined up ...

Apple Temporarily Shuts Stores Worldwide To Fight Virus

LONDON (AP) — Tech giant Apple is closing its stores outside of China for two weeks and will only sell online as part of efforts to fight the global viral pandemic. “In our work...

Stocks Surge, Recouping Much Of A Historic Plunge, As Trump Announces New Measures To Fight Virus; Dow Up 1,900 Points

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NEW YORK (AP) — Stocks surged, recouping much of a historic plunge, after President Donald Trump announced new measures to fight the coronavirus. The Dow Jones Industrial Avera...

The Mighty Bull Market Falls Victim To A Tiny Virus

NEW YORK (AP) — In the end, the mighty bull was slayed by a tiny virus. The longest bull market in U.S. history can now be said to have lasted almost 11 years and rewarded inves...

Coronavirus Forces Small Businesses To Rethink Strategies

NEW YORK (AP) — Renee and Michael Brown planned to open a third location for their coffee company — and put their plans on hold when the coronavirus hit. Sales at the Browns' Sa...

Worst Day On Wall Street Since 1987 As Virus Fears Spread

NEW YORK (AP) — The stock market had its biggest drop since the Black Monday crash of 1987 as fears of economic fallout from the coronavirus crisis deepened. The Dow industrials pl...

NY Fed To Buy A Range Of Treasurys To Try To Ease Jitters

WASHINGTON (AP) — The New York Federal Reserve is stepping up its purchases of Treasurys to try to ease jitters in the financial markets over the coronavirus outbreak. The Fed ...

PANIC on WALL STREET: Stocks Remain Lower After Trading Resumes; Dow Down 1,800

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NEW YORK (AP) — Stocks are sharply lower after resuming trading as traders fear that not enough is being done to contain the economic damange from the coronavirus pandemic. The...

Goldman Says Weak Profits To Doom Bull Market

NEW YORK (AP) - Analysts at Goldman Sachs predict the longest-ever bull market for stocks will soon end, citing expectations of weaker company profits this year. The analysts lo...

Weathering The Stock Markets: One Investor’s Strategy

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NEW YORK (AP) — Buy and hold — and don't sell when the stock market plunges. That's the strategy many market pros use, and it has served me well through more than three decades ...

Dow Drops 7.8%, Worst Fall Since 2008, As Free-fall In Oil Price And Worsening Fears Of Fallout From Virus Seize Markets

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NEW YORK (AP) — The Dow Jones Industrial Average sank 7.8%, its steepest drop since the financial crisis of 2008, as a free-fall in oil prices and worsening fears of fallout from t...

Dow Plummets More Than 1,500 Points Amid Oil Shock

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NEW YORK (AP) — Fear bludgeoned financial markets around the world Monday, and stocks, bond yields and oil plunged on metastasizing worries about the effects of the new coronavirus...

‘King Of Weed’: Meet The Jewish Mogul Who’s Smokin’ The Competition

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CALIFORNIA (JTA) - Michael Steinmetz was uncertain about inviting his grandmother to visit his marijuana factory in Mendocino County. Masha Steinmetz is 89 and an observant Jew ...