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Here's Why JPMorgan Chase and Other Bank Stocks Are Up on Friday
The stock market had an extremely strong opening on Friday, but the rally had started to lose steam by late morning. At 11 a.m. EDT today, the Dow Jones Industrial Average and S&P 500 index were
Las Vegas Sands Suspends Dividend During Pandemic
Las Vegas Sands (NYSE: LVS) says that although its balance sheet remains strong during the coronavirus pandemic, it is temporarily suspending its dividend program. However, because it remains
Northrop Grumman Could Get Massive $85 Billion Contract Ahead of Schedule
Northrop Grumman (NYSE: NOC) could receive a huge contract to build the Air Force's intercontinental ballistic missiles ahead of a planned September timeframe, a top Pentagon official told reporters
Boeing to Restart Commercial Plane Production in Phases
After suspending operations at both of its domestic commercial plane manufacturing plants, Boeing Co. (NYSE: BA) has announced an approach to phase in the resumption of operations, beginning at
JPMorgan Chase Stops Accepting HELOC Applications Due to Coronavirus Uncertainty
JPMorgan Chase (NYSE: JPM), the largest banking institution in the United States, has announced that it has stopped accepting new home equity line of credit, or HELOC, applications. The bank
Amazon Cleared by U.K. Antitrust to Invest in Food-Delivery Startup Deliveroo
After months of waiting, Amazon.com's (NASDAQ: AMZN) investment in food-delivery start-up Deliveroo has finally received provisional clearance by the U.K. antitrust overseer. In 2019, Amazon was the
Stock Market News: Coronavirus Hopes Boost These 2 Stocks
Friday morning brought a bull run on Wall Street, sending major market benchmarks higher. Investors reacted favorably to the thought that businesses might reopen their doors within a known time
Will a New CEO Save Altria Stock?
There's a new CEO at Altria (NYSE: MO), a development that isn't exactly a surprise after its previous helmsman took a medical leave last month. The tobacco giant is announcing on Friday morning
An Easy Way to Get More Money Quickly
Through early April, the IRS processed over 74 million tax returns where the recipients received a refund. Among those returns, the average one clocked in around $2,878. If you're among those who
Forget Microsoft, Arista Networks Is a Better Cloud Stock
If you're looking for an investment that provides exposure to the growth of cloud computing, Microsoft (NASDAQ: MSFT) stock seems a logical choice. The company's cloud businesses have become an
Uber Won’t Meet Full-Year Targets Due to COVID-19 Disruptions
Uber Technologies (NYSE: UBER) is withdrawing its guidance for 2020, citing the uncertainty created by the COVID-19 pandemic.
In addition to withdrawing guidance for gross bookings, adjusted net
3 Stocks That Will Win No Matter What Happens With the Coronavirus
There are few things that the market hates more than uncertainty, and the coronavirus pandemic has dumped a ton of it on investors.
Lockdown-style conditions have been in effect across much of the
Southwest Airlines Goes to Employees Seeking Concessions
Southwest Airlines (NYSE: LUV) has reportedly reached out to union leaders to discuss possible concessions once government bailout funds are exhausted.
Southwest and other airlines have been hard
Apple's Premium Headphones Inch Closer to Launch
Investors have been hearing rumors of Apple (NASDAQ: AAPL) working on premium over-ear headphones for more than two years. During that time, the company has dramatically expanded its portfolio of
Government Rejects Spirit, JetBlue Requests to Cut Flights
The United States Department of Transportation (USDOT) has denied requests by JetBlue Airways (NASDAQ: JBLU) and Spirit Airlines (NYSE: SAVE) to suspend service to certain markets, keeping in place
Why Shares of Boeing and Its Supply Chain Are Higher Today
Boeing (NYSE: BA) said late Thursday that it intends to resume commercial airplane production in the Puget Sound region next week, and reiterated its call for the U.S. government to support the
Under Armour Names New Chief Product Officer
In the midst of what might be seen as a devastating time for sports apparel and footwear company Under Armour (NYSE: UA)(NYSE: UAA), the company has named Lisa Collier as the new chief product
Apple to Maintain "Significant" Investments in New Products
Apple (NASDAQ: AAPL) is not letting its foot off the gas during this pandemic. That's what CEO Tim Cook told employees in a virtual meeting on Thursday, Bloomberg reports. Cook told Apple workers
Gilead's Remdesivir Shows Promise Against COVID-19 in Sneak Peek at Clinical Trial Data
Healthcare industry news website STAT reported late Thursday that early data from a clinical trial testing Gilead Sciences' (NASDAQ: GILD) drug remdesivir as a treatment for COVID-19 appear to be
Google's Stadia Finally Offers a Free Option
The rollout of Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Stadia service has had its ups and downs. But the tech giant recently announced a big change that should give it a boost: Now, users can
PNC Financial Services Sees Q1 Profits Decline 28%
PNC Financial Services (NYSE: PNC), the holding company of the $412 billion asset PNC Bank, reported a 28% drop in first-quarter profits as the bank sets aside more cash for future loan losses
How ANI Pharmaceuticals Plans to Take Down a Price-Gouging Giant
H.P. Acthar Gel is a corticotropin injection approved to treat 19 indications, including multiple sclerosis, rheumatoid arthritis, and infantile spasms. The anti-seizure drug often requires daily
Amazon Has Made Big Gains in This Surprising Area
Amazon.com (NASDAQ: AMZN) sells seemingly everything. You can get food, workout gear, pet supplies, books, electronics, and clothing. In fact, while it may seem odd to buy clothes from a retailer
Ford Warns it Lost $2 Billion in the First Quarter As Coronavirus Crushed Sales
Ford Motor Company (NYSE: F) warned Friday that it will post a first-quarter net loss of about $2 billion on a sharp decline in sales due to the coronavirus pandemic.
In a new filing with the
Designer Brands to Start Selling Footwear in Grocery Stores
Designer Brands (NYSE: DBI) is piloting a program to sell DSW shoes in Hy-Vee grocery stores, though because of the coronavirus pandemic it will first start by offering them for sale on the


