Tag Archives: business news

5 things to know before the stock market opens March 13. 2020

5 things to know before the stock market opens March 13. 2020

1. Dow to bounce after worst day since ‘Black Monday’ Traders work on the floor of the New York Stock Exchange,  March 12, 2020. Brendan McDermid | Reuters Dow futures, reversing overnight losses, were pointing to about a 1,00-point advance at Friday’s open after Wall Street suffered its worst session since the …

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Microsoft Build in-person events canceled

Microsoft Build in-person events canceled

Satya Nadella, chief executive officer of Microsoft Corp., pauses during a Bloomberg event on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 21, 2020. Simon Dawson | Bloomberg | Getty Images Microsoft said Thursday that its annual Build developer conference in Seattle, set to …

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Oracle (ORCL) earnings Q3 2020

Oracle (ORCL) earnings Q3 2020

Oracle CEO Safra Catz delivers a keynote address during the 2019 Oracle OpenWorld on September 17, 2019 in San Francisco, California. Oracle CEO Safra Catz kicked off day two of the 2019 Oracle OpenWorld with a keynote address. The annual convention runs through September 19. Justin Sullivan | Getty Images …

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Stock futures point to more losses Friday following market’s worst day since ‘Black Monday’

Stock futures point to more losses Friday following market's worst day since 'Black Monday'

Stock futures pointed to more pain ahead on Friday as they fell in overnight trading following major averages losing the most since the “Black Monday” market crash in 1987. As of 6:30 p.m. ET, futures on the Dow Jones Industrial Average lost more than 200 points in overnight trading Thursday. The overnight …

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Trump has lost the majority of his stock market gains amid equity rout

Trump has lost the majority of his stock market gains amid equity rout

The month’s historic plunge in the stocks — including’s Thursday’s eye-popping 8% drop — has dramatically slashed the market gains seen since President Donald Trump’s election What was once a 61% Dow gain since Trump’s election has evaporated to far thinner 18.2% rally as the index fell from an all-time high …

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NCAA conferences cancel tournaments amid wave of concern

NCAA conferences cancel tournaments amid wave of concern

A general view of empty seats as the Florida State Seminoles warm-up prior to the quarterfinals round of the 2020 Men’s ACC Basketball Tournament at Greensboro Coliseum on March 12, 2020 in Greensboro, North Carolina. The remainder of the tournament will be played with only essential tournament personnel, limited school …

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Brazilian official who met Trump tests positive

Brazilian official who met Trump tests positive

A photo showing Brazil government official (r) posing for a photo next to President Donald Trump and Vice President Mike Pence at Mar-A-Lago has tested positive for the 2019 novel coronavirus. A Brazilian official who met and dined with President Donald Trump at Mar-a-Lago over the weekend has tested positive …

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House Republicans come out against Dem bill ahead of vote

House Republicans come out against Dem bill ahead of vote

House Majority Leader Nancy Pelosi (D-CA) speaks before signing the Coronavirus Emergency Response Package which passed the House with only three votes against it on Capitol Hill on March 5, 2020 in Washington, DC. Samuel Corum | Getty Images House Republicans made clear Thursday that they won’t support the new …

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US producer price index February 2020

US producer price index February 2020

Engines assembled as they make their way through the assembly line at the General Motors (GM) manufacturing plant in Spring Hill, Tennessee, August 22, 2019. Harrison McClary | Reuters U.S. producer prices fell by the most in five years in February, pulled down by declines in the costs of goods …

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Sell-off deepens, trading halted, S&P 500 heads for bear market

Sell-off deepens, trading halted, S&P 500 heads for bear market

Traders work on the floor of the New York Stock Exchange (NYSE) on March 09, 2020 in New York City. Spencer Platt | Getty Images This is a live blog. Check back for updates. 8:41 am: Nike shares tank after footwear imports from China plunge 8:40 am: Less than an hour …

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