The spread of the coronavirus couldn’t have come at a worse time for Corona beer
Corona beer isn’t making any changes to its advertising despite the name’s unfortunate similarity to the deadly coronavirus.…
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GM adding 1,200 jobs in two Michigan factories
GM is adding two shifts and more than 1,200 jobs at two Michigan assembly plants to increase production. The Lansing Delta Township Assembly plans to…
Continue Reading Elon Musk’s brother wants to transform farming
Plant-based foods are all the rage right now, and vertical farms are capitalizing on the trend. Vertical farming is an indoor farming method in which…
Continue Reading Former Trump economist: Coronavirus could ‘absolutely’ spark global recession if not contained
The world economy could stumble into a recession if the coronavirus outbreak is not contained quickly, former White House economist Kevin Hassett…
Continue Reading Global stocks plummet again in worst week since 2008 financial crisis
Global stock markets plummeted for a seventh consecutive day on Friday as the coronavirus continued to spread, increasing fears that the epidemic…
Continue Reading Cruise lines are big losers on Wall Street this week — and there are few winners
Investors had nowhere to hide this week. Following Thursday’s stock market drubbing, there were just four S&P 500 companies trading in…
Continue Reading CVS and Walgreens warn there could be a shortage of hand sanitizer
US drug stores, retailers and suppliers are racing to keep up with surging interest for cleaning products as fears over coronavirus intensify. Demand…
Continue Reading Coronavirus mobile apps are surging in popularity in South Korea
South Korea is one of the world’s most tech savvy countries. So when the deadly novel coronavirus outbreak reached the Korean peninsula, app…
Continue Reading The S&P 500 is plunging at unprecedented speed
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. US stocks…
Continue Reading A high school student created a fake 2020 candidate. Twitter verified it
Andrew Walz calls himself a “proven business leader” and a “passionate advocate for students.” Walz, a Republican from Rhode…
Continue Reading Geneva car show canceled as coronavirus spreads in Europe
Next week’s Geneva Motor Show has been canceled because of coronavirus fears, striking a marquee event from the global auto industry’s…
Continue Reading The music industry was left for dead a few years ago. Now it’s booming again
The music industry was in crisis just a few years ago. Sales were cut in half from their peak as single downloads, YouTube and piracy made the CD…
Continue Reading The coronavirus has grounded Chinese tourists. The global travel industry may not recover for years
Countries around the world have been eager to cash in on the rising spending power of Chinese travelers. Shops advertise Mandarin speaking…
Continue Reading Smartphone sales are collapsing in China. They could plunge 40% in Q1
China’s smartphone market, the biggest in the world, is set for a massive plunge due to the novel coronavirus outbreak. Smartphone shipments in…
Continue Reading Big European companies ban business travel as coronavirus outbreak escalates
Big European companies have started to ban or restrict business travel for hundreds of thousands of employees as the coronavirus outbreak…
Continue Reading UK-EU trade talks start Monday. Britain is already threatening to walk away
Britain has threatened to walk away from trade negotiations with the European Union if sufficient progress hasn’t been made by June, raising…
Continue Reading Hong Kong pro-democracy media mogul Jimmy Lai arrested for ‘illegal assembly’ over 2019 protest
A Hong Kong tycoon known for his outspoken support of the city’s pro-democracy movement and criticism of China was arrested Friday, along with…
Continue Reading Coca-Cola could be in tight supply of artificial sweetener for diet and zero-sugar drinks because of coronavirus
Coca-Cola says coronavirus has disrupted its supply chain, and artificial sweeteners from China could be in shorter supply if the outbreak continues…
Continue Reading Tokyo Disney parks closing for two weeks over coronavirus
Disney is closing down its theme parks in Japan as the novel coronavirus outbreak in that country escalates. Tokyo Disneyland and DisneySea will shut…
Continue Reading How Trump and his Fox News allies are infecting the public trust amid coronavirus concerns
In times of emergency — whether it’s a major hurricane, terror attack, or health crisis — the public relies on the press for much-needed…
Continue Reading Chicago Tribune shakeup rankles newsroom staffers
Chicago Tribune staffers on Thursday learned about a massive shakeup in its masthead through a series of morning emails. Editor-in-chief Bruce Dold…
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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…
Continue Reading 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…
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