Business - /contrib/business/

Trading on the New York Stock Exchange stopped after a precipitous drop in prices tripped a "circuit breaker" that automatically halted trading for 15 minutes Monday. The circuit breaker tripped ... Click to Continue

Apple takes a hit thanks to the coronavirus outbreak.

NEW YORK (AP) — Oil prices plunge 20% amid worries producers won't cut supplies enough to match falling demand in virus-weakened economy. The post Oil prices plunge 20% amid worries producers won't cut supplies enough to match falling demand

The US economy added 273,000 jobs in February and the unemployment rate fell to a historically low 3.5%. The jobs survey was taken before coronavirus fears overtook Corporate America.

Starbucks is temporally refusing to serve customers who bring in their own reusable mugs over fears that they may be spreading coronavirus The post Starbucks REFUSING to serve customers with reusable mugs due to coronavirus appeared first on The Post Mill

NEW YORK (AP) — ViacomCBS, fresh off a merger, is looking to sell its Simon & Schuster book publishing business as it tries to raise cash to pay down debt and please shareholders with dividends...

In a surprise move, the Federal Reserve cut its benchmark interest rate by a sizable half-percentage point Tuesday in an effort to support the economy in the face of the spreading coronavirus.

US stocks rebounded sharply on Monday, with the Dow logging its biggest point gain in history. Stocks are coming off their worst week since the 2008 financial crisis. The Dow last week dropped 12.4%, while the S&P 500 plunged 11.5%. The Dow also recorded

Shoppers at Costco stores in some cities overwhelmed the businesses , stripped its shelves bare of tissues and other supplies, and even fought with each other over goods, as some panicked Americans tried to prepare for the spread of coronavirus. Even as c

Dow Jones surges more than 1,200 points on hopes that central banks will act to shelter global economy from coronavirus

British Airways is canceling 24 flights between New York and London in response to reduced demand from the spread of coronavirus in Europe. The New York-London route is British Airways' flagship with numerous frequencies on some of its largest aircraf

U.S. stocks increased dramatically on Monday as investors hoped that the Federal Reserve and other central banks would ease money in response to the slowdown in commerce generated by the coronavirus outbreak.

As many as 3,200 Amazon delivery drivers will be laid off by the end of April due to the company cutting ties with contractors, a recent report states.

Samsung Electronics shut one of its mobile device factories in South Korea after a worker tested positive for the coronavirus, the Yonhap news ...

Federal Reserve Chair Jerome Powell on Friday said the US economy remains in solid condition although the coronavirus outbreak poses a risk and the central bank will act as appropriate to provide support. "The fundamentals of the US economy remain str

Coronavirus is prompting American Airlines and other commercial carriers to slash routes, and also is dramatically hurting stock prices. Others in the travel industry brace for a ripple effect.

With the Nasdaq down nearly 15% from last week's highs, valuations for many tech companies now look pretty reasonable, even if one applies a discount for coronavirus-related uncertainty. At the same time, multiples for some recent high-flyers are stil

US stocks again sold off sharply on Thursday as worries about coronavirus mounted. The three main indexes fell into correction territory and are on track for their worst week since the financial crisis. The Dow dropped 1,191 points, or 4.4% in its worst o

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.

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.