Boeing Co said on Monday it would halt production at its Washington state twin-aisle jetliner factory as a temporary measure to help fight the coronavirus outbreak.
For many, the main point of investing is to generate higher returns than the overall market. But even the best stock… …read more […]
General Motors Co and medical equipment maker Ventec are speeding up efforts under a partnership code-named “Project V” to build ventilators at a GM plant in Kokomo, Indiana, to help combat the coronavirus outbreak.
U.S. Securities and Exchange Commission officials on Monday warned corporate insiders against insider trading during the disruptions caused by the coronavirus.
(Bloomberg) — Activist investor Bill Ackman said he has made a “recovery bet” on the economy, investing $2.5 billion in equities, including upping his positions in several of his portfolio companies and reinvesting in others like Starbucks Corp.The billionaire investor said he has taken off all the hedges that he put in place for his Pershing Square Capital Management, through shorts in the credit market. Those hedges were put in place to offset the effects of the coronavirus, he said.Ackman said his hedge fund has used the proceeds to reinvest over the past 10 to 12 days in several of …read more […]
The U.S. Federal Reserve on Monday rolled out an extraordinary array of programs to backstop an economy reeling from sweeping restrictions on commerce that scientists say are needed to slow the coronavirus pandemic and ultimately keep more people safe.
As the coronavirus continues to put a strain on global markets, some are concerned that a recession is quickly approaching. Pershing Square Capital CEO Bill Ackman joins Yahoo Finance’s Julia La Roche and Seana Smith to discuss what he thinks of recession fears. …read more […]
The Federal Reserve’s unprecedented stimulus measures did little to brighten Wall Street’s immediate outlook on coronavirus-ravaged stocks, as concerns remained about the lack of a government stimulus package and the ability to contain the pandemic.
Pacific Gas & Electric has agreed to plead guilty to 84 involuntary manslaughter counts in connection with the 2018 Camp Fire, the most destructive wildfire in California’s history.
Wall Street’s slide deepened on Monday as the rapidly spreading coronavirus forced more U.S. states into lockdown, overshadowing unprecedented moves by the U.S. Federal Reserve to shore up credit across the economy.
NYSE executives closed the trading floor to protect employees and prevent the spread of COVID-19. Yahoo Finance’s Ines Ferre joins Zack Guzman to discuss. …read more […]
Airbus said in a stock market filing on Monday that customers could seek to cancel or postpone delivery of airliners and helicopters as the coronavirus crisis continues to escalate.
Some U.S. banks on Monday offered employees one-time bonuses to help ease the financial burden of the coronavirus pandemic and as a reward for working through the crisis.
The Federal Reserve revealed numerous ‘extensive’ measures that would work to calm corporate debt markets amid the coronavirus outbreak. Quill Intelligence CEO and Director of Intelligence Danielle DiMartino Booth joins Yahoo Finance’s Zack Guzman and Brian Cheung to discuss. …read more […]
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