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FedEx says coronavirus shopping helped offset commercial slowdown

Shares of FedEx surged more than 8 percent in after-hours trading on the company's earnings report.....»»

Category: topSource: foxnewsJul 1st, 2020

Market Snapshot: U.S. stock indexes rally toward best quarter in about 20 years despite warnings from Powell and Mnuchin on economy

U.S. stock-indexes were higher Wednesday afternoon, as data showing recovering consumer confidence and higher home prices helped offset ongoing concerns about the rising number of new coronavirus cases in many American states......»»

Category: topSource: marketwatchJun 30th, 2020

Cramer on real estate: "We"re not ready for the boarding up of America"

CNBC's "Squawk on the Street" crew discusses the how the commercial real estate sector, including shopping malls, is holding up during the coronavirus pandemic......»»

Category: realestateSource: cnbcJun 23rd, 2020

California reopening speeds up even as state hits 100,000 confirmed coronavirus cases

From barber shops to shopping malls to restaurants, many businesses shuttered for months began to come back to life this week as government officials rapidly lifted stay-at-home orders that helped slow the spr.....»»

Category: topSource: latimesMay 28th, 2020

NewsWatch: S&P 500 climbs above 2,900 as drug maker Gilead says trial for coronavirus treatment has met initial goal

Stocks traded sharply higher Wednesday as reports that a drugmaker’s clinical trial for a treatment to help patients recover more quickly from the COVID-19 disease helped to offset a plunge in U.S. first-quarter gross domestic product.......»»

Category: topSource: marketwatchApr 29th, 2020

Market Snapshot: Dow surges more than 350 points as drug maker Gilead says trial for coronavirus treatment has met initial goal

Stocks traded sharply higher early Wednesday as reports that a drugmaker’s clinical trial for a treatment to help patients recover more quickly from the COVID-19 disease helped to offset a plunge in U.S. first-quarter gross domestic product.......»»

Category: topSource: marketwatchApr 29th, 2020

Alphabet warns of difficult quarter as consumers Google pandemic, not shopping

Alphabet Inc on Tuesday beat analysts' estimate for quarterly revenue as its Google unit posted double-digit advertising growth despite the economic slowdown from the novel coronavirus......»»

Category: topSource: reutersApr 28th, 2020

Equities brush off oil price chaos

World stocks jetted to their highest in almost six weeks on Tuesday as plans to ease coronavirus lockdowns in a number of major economies helped offset more chaos in oil markets and warning of mounting bad credit at HSBC and Santander......»»

Category: topSource: reutersApr 28th, 2020

What Might Prevent a Coronavirus-Caused Mortgage Market Meltdown

Thomas Barrack, CEO of commercial real estate firm Colony Capital, has a few suggestions on how to help both homeowners and real-estate companies get through the economic slowdown caused by........»»

Category: blogSource: 247wallstMar 23rd, 2020

Giving $1,000 to every American adult wouldn"t do much to offset the coronavirus slowdown, a former Fed adviser warns

Reuters Giving $1,000 to every American adult, as some have proposed, might not be enough to fores.....»»

Category: topSource: businessinsiderMar 17th, 2020

Market Snapshot: Dow adds over 1,000 points as stocks recover some ground after biggest one-day drop since 1987 crash

U.S. stocks rebounded Tuesday, helped by the White House backing an $850 billion federal stimulus plan and a Federal Reserve move to backstop the commercial paper market by providing short term funding to businesses hit by the coronavirus pandemic......»»

Category: topSource: marketwatchMar 17th, 2020

Giving $1,000 to every American adult wouldn"t do much to offset the coronavirus slowdown, former Fed adviser warns

Reuters Mailing out $1,000 to every American ad.....»»

Category: topSource: businessinsiderMar 17th, 2020

L"Oreal rallies as sales increase offsets China concerns

L'Oreal's shares rose on Friday after fourth-quarter earnings from the French cosmetics company helped to offset concerns over the impact of China's coronavirus health crisis on its business......»»

Category: topSource: reutersFeb 7th, 2020

For airlines, China boom now exposes them to risk as coronavirus slams market

China's growth has helped power a global aviation boom over the last decade, but as the country curtails travel in the face of a new coronavirus, a slowdown could hit the industry harder than ever before......»»

Category: topSource: reutersJan 29th, 2020

U.S. Economy Grew at 2.3% Rate in First Quarter

The U.S. economy grew moderately in the first quarter, as robust business investment helped to offset weak consumer spending. The 2.3% pace was a slight slowdown from the fourth quarter, when output grew at a 2.9% rate......»»

Category: smallbizSource: wsjApr 27th, 2018

Wall Street erases losses as bank, energy stocks lead pullback

Wall Street was little changed on Wednesday, clawing back from losses of more than 1 percent earlier, as gains in energy and bank stocks helped offset worries about a global economic slowdown......»»

Category: topSource: reutersJan 2nd, 2019

Medtronic Swings to Profit Despite Slowdown in Heart-Failure Treatments

Higher sales of medical devices used in the treatment of brain and kidney diseases helped Medtronic offset a slowdown in sales of gear for heart conditions in its latest quarter......»»

Category: smallbizSource: wsjFeb 20th, 2019

Parents plan to drop billions on school necessities at retailers this month, but coronavirus has overhauled the back-to-school shopping cart

Michael Loccisano/Getty Images Back-to-school and back-to-college shopping is set to start soon, even as decisions on how and where students will be taught remain undecided due to the pandemic.  Professional services firm Deloitte ran two su.....»»

Category: topSource: businessinsider4 hr. 9 min. ago

8 considerations for managing your anti-corruption compliance program in a crisis

The severity of the business disruption caused by the COVID-19 (coronavirus) pandemic varies by sector, region and country. In some companies, the business slowdown may leave compliance departments with reduced staff and workloads. In companies th.....»»

Category: topSource: bizjournals7 hr. 24 min. ago

Melbourne is reentering lockdown as the number of new coronavirus cases in the Australian city continues to spike

Melbourne, Australia, will reenter a lockdown for six weeks starting at the end of Wednesday. The stay-at-home order means people should not leave their homes except for four reasons: essential shopping, giving or receiving medical care, attending w.....»»

Category: topSource: businessinsiderJul 7th, 2020

Melbourne is re-entering lockdown as the number of new coronavirus cases in the Australian city continues to spike

Melbourne, Australia, will re-enter stage three lockdown from midnight on Wednesday night for six weeks. The stay-at-home order means people should not leave their homes except for four reasons: essential shopping, giving or.....»»

Category: topSource: businessinsiderJul 7th, 2020