U.S.-Mexico summit leaders say border manufacturing being disrupted due to coronavirus
EL PASO, Texas — The coronavirus, although not physically present along the U.S.-Mexico border, is starting to affect the intricate chain that…
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Buy shares of this mask supplier to survive the selloff: analysts
As the deadly coronavirus sweeps the globe and slams businesses across multiple industries, one company could dodge the selloff. Best known as the…
Continue Reading Dow falls 1,191 points — the most in history
US stocks again sold off sharply on Thursday as worries about coronavirus mounted. The S&P 500 posted its worst day since August 18, 2011, and…
Continue Reading Fox News hosts accuse Democrats and journalists of ‘weaponizing’ coronavirus to attack Trump
Some of President Donald Trump’s most ardent supporters in media have downplayed concerns about the novel coronavirus this week and misled…
Continue Reading Bob Iger was more than Steve Jobs’ friend: He was legacy media’s most tech-savvy CEO
Weeks after becoming chief executive of Walt Disney Co. in 2005, Bob Iger sat down with Steve Jobs to tell him about an idea he’d been mulling:…
Continue Reading Facebook cancels its biggest conference amid coronavirus concerns
Facebook announced on Thursday that it is canceling F8, its biggest annual event, due to concerns over the coronavirus. “We’ve made the…
Continue Reading You may have to wait for your next gadget: Electronics makers can’t get parts quickly enough
Electronics manufacturers face weeks of delays in parts shipments because of coronavirus. That could affect the availability of a number of tech…
Continue Reading Pokémon throws a celebration every year. Here’s how that helps its brand
February 27 marks the annual Pokémon Day celebration, a day for Pokémon’s licensed partners to cash in. The Pokémon Company’s strategy…
Continue Reading Drug companies race to test coronavirus vaccines
Gilead Sciences stock was up slightly on Thursday, even as the Dow plunged into correction status. The reason? The biotech company is moving closer…
Continue Reading The prestigious Wharton business school’s new dean will be first woman and person of color in its nearly 140-year history
Erika James has a knack for making history. Five years after she was named the first African-American woman to be named dean of Emory…
Continue Reading Maria Sharapova was one of the most successful tennis players ever – both on and off the court
There are many ways to measure Maria Sharapova’s success: Five grand slam titles, 36 career wins, a former No. 1 ranking in the world. But…
Continue Reading Shark Tank host loses $400,000 in a scam
“Shark Tank” judge Barbara Corcoran lost nearly $400,000 in an elaborate email scam that tricked her staff. Corcoran said someone acting…
Continue Reading Colgate toothpaste goes vegan
Colgate has unveiled a line of vegan, gluten-free products that have no artificial flavors, sweeteners or colors. It may sound like the latest…
Continue Reading Anheuser-Busch CEO forgoes bonus as the brewer gets clobbered
It’s been a difficult year for the seller of Corona, Budweiser and Stella Artois — and 2020 doesn’t look much better. The…
Continue Reading Coronavirus could cost Trump the election, Goldman Sachs warns
A market meltdown. Surging recession fears. And a sudden spotlight on America’s health care system. Goldman Sachs is warning Wall Street that…
Continue Reading DoorDash prepares to go public as stock market plunges
The food delivery market remains fiercely competitive, a broader reckoning is underway among high-flying tech startups, and stocks have been rattled…
Continue Reading Goldman Sachs: American companies will have zero profit growth this year
This was supposed to be the year that the bottom line of Corporate America rebounded after lackluster profit reports for most of 2019. But the…
Continue Reading JCPenney is closing six more stores
The tough times continue for JCPenney. The department store chain announced plans Thursday to close six additional stores as sales and profit…
Continue Reading Dunkin’s latest release is quite simply a bag of bacon
While other fast food chains are rushing to launch meatless and plant-based options, Dunkin’ went in the opposite direction and released the…
Continue Reading In the face of negative headlines, TurboTax is having a great start to 2020
A nasty round of negative headlines hasn’t scared off TurboTax’s customers. The company is poised to snap up an even larger number of tax…
Continue Reading Oil and energy stocks are getting crushed by coronavirus fears
The spread of the coronavirus around the world is sending shockwaves through an oil market ill-prepared for a serious blow to energy demand. Oil…
Continue Reading Now’s the right time for investors to buy Chinese stocks
Coronavirus jitters have paralyzed investors around the world. Chinese stocks might actually be close to bottoming out even as the disease spreads to…
Continue Reading The FTSE 100 is in correction territory. Others indexes aren’t far behind
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. Global stocks…
Continue Reading US companies say the coronavirus outbreak could cut China revenues by 50%
Some US companies are bracing for the revenue they make in China to be cut in half if the novel coronavirus outbreak extends into the summer. Nearly…
Continue Reading Apple is finally opening its first store in India next year
India is finally getting its very first Apple Store. Apple CEO Tim Cook said Wednesday that the company plans to open a brick-and-mortar store in the…
Continue Reading Dow futures sink as US officials warn of coronavirus spread
Dow futures dropped 200 points, or 0.7%, in the early hours of Thursday after US health authorities said they’ve discovered a case of novel…
Continue Reading Struggling cannabis retailer Medmen wants to fix things by keeping it simple
To survive, MedMen Enterprises plans to simplify. The popular, yet troubled, cannabis dispensary chain wants to get out of the business of growing…
Continue Reading Trump campaign files libel lawsuit against The New York Times over 2019 opinion piece on Russia
President Donald Trump’s 2020 campaign on Wednesday escalated its feud with the news media to new heights, filing a libel lawsuit against The…
Continue Reading Microsoft doesn’t expect to meet sales guidance on Windows and Surface computers due to coronavirus
Microsoft said Wednesday it no longer expects to meet the revenue guidance it issued less than a month ago, due to the coronavirus’s impact on…
Continue Reading Despite criticism, more than 15.3 million people tuned into chaotic Democratic debate on CBS
The chaotic final Democratic debate before the South Carolina primary and Super Tuesday averaged 15.3 million viewers, according to Nielsen…
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