Dow Drops Over 1,000 As Outbreak Threatens Global Economy
NEW YORK (AP) The Dow Jones Industrial Average slumped more than 1,000 points Monday in the worst day for the stock market in two years as investors worry that the spread of a vir...
Dow Sinks More Than 900 Points In Early Trading, Following Global Markets Lower As Virus Cases Spread Beyond Asia
NEW YORK (AP) — Dow sinks more than 900 points in early trading, following global markets lower as virus cases spread beyond Asia.
Buffett Says Economy Is Slowing Amid Virus Fears
OMAHA, Neb. (AP) — Billionaire Warren Buffett says the viral outbreak in China has slowed economic growth, but he remains confident in the long-term future of American business.
...
Report Says Intuit Nearing $7 Billion Deal For Credit Karma
NEW YORK (AP) — Intuit Inc. is reportedly close to a $7 billion deal to acquire personal-finance portal Credit Karma Inc. and beef up its position in the consumer-finance market.
...
Buffett Says Wall Street Advice Usually Favors More Deals
OMAHA, Neb. (AP) — Taking advice from Wall Street on deals is a bit like asking “the barber whether you need a haircut,” according to billionaire Warren Buffett.
Buffett said in...
China Suspends More Penalties On US Goods After Trade Truce
BEIJING (AP) — China on Friday suspended more punitive tariffs on imports of U.S. industrial goods in response to a truce in its trade war with Washington that threatened global ec...
US Home Sales Sales Fell 1.3% In January
WASHINGTON (AP) — U.S. home sales retreated 1.3% in January from the prior month, but low mortgage rates helped enable an increase in purchases from a year ago.
The National Ass...
Computer Scientist Who Pioneered ‘Copy’ And ‘Paste’ Has Died
NEW YORK (AP) — Larry Tesler, the Silicon Valley pioneer who created the now-ubiquitous computer concepts such as “cut,” “copy” and “paste,” has died. He was 74.
He made using c...
Can You Get Rid Of Your Student Loans By Filing For Bankruptcy?
NEW YORK (THE CONVERSATION-AP) - Paying back student loans is not an easy thing to do. One out of every 5 borrowers with outstanding student loan debt has fallen behind their payme...
Google Updates Terms In Plain Language After EU Scrutiny
SAN FRANCISCO (AP) — Google is attempting to make sure people know exactly what they're signing up for when they use its online services — though that will still mean reading a len...
Morgan Stanley Buying E-trade For About $13 Billion
NEW YORK (AP) — Morgan Stanley is buying online brokerage E-Trade for about $13 billion.
Discount brokers like E-Trade have engaged in a vicious fight for customers since late l...
Misguided Virus Fears Hitting Asian American Businesses
NEW YORK (AP) — In Arizona, a burgeoning Asian American community fields xenophobic calls about a planned night market featuring Asian street foods. In New York, a dim sum restaura...
A Rare Miss For Walmart To End The Year
NEW YORK (AP) — Walmart reported disappointing fourth-quarter profits and sales after a sluggish and shortened holiday shopping season.
Violent social protests in Chile cut into...
Jeff Bezos Commits $10 Billion To Fight Climate Change
NEW YORK (AP) — Amazon founder Jeff Bezos said Monday that he plans to spend $10 billion of his own fortune to help fight climate change.
Bezos, the world’s richest man, said in...
Apple Warns China Virus Will Cut iPhone Production, Sales
CUPERTINO (AP) — Apple Inc. is warning investors that it won't meet its second-quarter financial guidance because the viral outbreak in China has cut production of iPhones.
The ...
Pier 1 Files For Bankruptcy Protection Amid Online Challenge
NEW YORK (AP) - Home goods retailer Pier 1 Imports Inc. said Monday that it has filed for bankruptcy protection.
The Fort Worth, Texas-based company, which was founded in 1962, ...
Zuckerberg Meets EU Officials As Bloc’s New Tech Rules Loom
LONDON (AP) — Facebook CEO Mark Zuckerberg met top European Union officials on a visit to Brussels on Monday, days before the bloc is expected to release new proposals on regulatin...
New York Attorney General Will Not Challenge T-Mobile-Sprint Merger
NEW YORK (AP) — New York's attorney general said Sunday the state will not appeal a judge's decision approving the merger of T-Mobile and Sprint.
Attorney General Letitia James ...
German Court Halts Site Preparation For Tesla Factory
BERLIN (AP) — A German court has temporarily halted the site preparation for Tesla Inc.'s first electric car factory in Europe.
The Higher Administrative Court for Berlin-Brande...
In Win For Amazon, Judge Freezes Work On Pentagon Contract
NEW YORK (AP) — A federal court has ordered a temporary halt in Microsoft's work on a $10 billion military cloud contract that Amazon was initially expected to win. Amazon sued in ...