Will rate cuts stave off a U.S. recession?
A UC Berkeley professor of economics says a recession is a possibility with th dark clouds casting over the economy
Stocks slide after Fed rate cut fails to stem market's dread as coronavirus spreads
Stocks fell sharply on Wall Street Tuesday after an emergency interest-rate cut by the Federal Reserve failed to reassure markets racked by worries that a fast-spreading virus outbreak could lead to a recession.
Federal Reserve makes emergency rate cut in the wake of coronavirus outbreak
Fed Chair Jerome Powell said Tuesday that the coronavirus “poses evolving risks to economic activity."
Dow, S&P and Nasdaq score biggest point gains ever as stocks make coronavirus comeback
The huge gains clawed back some of the ground lost in a massive sell-off that gave stocks their worst week since the financial crisis of 2008.
Stock rise sharply on Wall Street following a 7-day rout
Stocks rose sharply on Wall Street Monday, clawing back some of the losses they took in a seven-day rout brought on by worries that the coronavirus outbreak will stunt the global economy.
Former General Electric CEO Jack Welch dies at 84
Jack Welch led General Electric Co. through two decades of unparalleled growth and transformation, with a brash style that single-handedly remade the conglomerate and changed the landscape of American corporations. He died Sunday at age 84.
CVS expecting 'temporary shortages' of hand sanitizer amid COVID-19 outbreak
CVS said it is working with suppliers to meet customer demand as fears over the novel coronavirus continue to grow.
Regulators boost PG&E’s wildfire fine to $2.1 billion
The record penalty imposed in an administrative law judge’s decision boosts a previously agreed upon $1.7 billion settlement announced in December.
Founder of Trader Joe's dies
So he found a new way to bring everything from a then-exotic snack food called granola to the California-produced wines that for flavor compared with anything from France.
Coronavirus: San Francisco Game Developers Conference canceled
The conference is still scheduled to take place from March 16 to 20.
Virus outbreak: Stocks fall sharply on Wall Street; Dow Jones sinks 3.8%
The virus outbreak has been shutting down industrial centers, emptying shops and severely crimping travel all over the world. More companies are warning investors that their finances will take a hit because of disruptions to supply chains and sales
Dow sinks nearly 1,200 points in record drop as coronavirus worries spread
The Dow Jones Industrial Average sank nearly 1,200 points Thursday, deepening a weeklong global market rout caused by worries that the coronavirus outbreak will wreak havoc on the global economy.
Coronavirus hits businesses: Markets down, Facebook cancels developers conference
Facebook says it is canceling F8, its annual conference for developers.
Coronavirus could affect Coca-Cola's supply of artificial sweetener
Coca-Cola recently announced that, while they have contingency plans in place, the situation may impact their long-term supplies of artificial sweeteners.
Worsening homelessness hurting Castro district businesses, tourism
Neighbors have been posting their concerns about Jane Warner Plaza saying an influx of homeless is intimidating visitors and hurting business.
Delta reduces flights to Korea as virus outbreak spreads
Delta Air Lines is sharply cutting back on flights between the U.S. and Seoul, South Korea due to the coronavirus outbreak.
Microsoft says virus hurting supply chain more than expected
In particular, Microsoft said revenue from Windows licenses and its Surface devices “are more negatively impacted than previously anticipated.”
Disney has named Bob Chapek CEO, replacing Bob Iger in surprise announcement
The Walt Disney Co. has named Bob Chapek CEO, replacing Bob Iger, effective immediately.
Disney names new CEO to replace Bob Iger immediately
The Walt Disney Co. has named Bob Chapek CEO, replacing Bob Iger, effective immediately.
Online petition asks American Airlines, United, Delta to seat families together
Thousands of people have signed an online petition asking for top airlines to seat families together on planes at no additional charge.