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Alphabet's Waymo Expands Operations Pause in Detroit, Phoenix
Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Waymo self-driving vehicle unit has now halted all operations in Detroit and Phoenix amid the COVID-19 outbreak.
In an email obtained by CNBC, Waymo said
Fiat Chrysler Automobiles to Manufacture Masks for Coronavirus Effort
In a memo to employees, the CEO of Fiat Chrysler Automobiles (NYSE: FCAU) announced that the company will soon begin producing face masks for healthcare workers at a factory in Asia.
CEO Mike Manley
Why Altria Shares Were Getting Smoked Today
Shares of Altria (NYSE: MO) were heading lower today as the Marlboro-maker has reported a number of negative news items in recent days. Those include marijuana grower Cronos Group (NASDAQ: CRON), in
Yum China Sees Fledgling Signs of Traction As It Recovers From a Coronavirus Rout
It may be a long while before life returns to normal, but Yum China Holdings (NYSE: YUMC) provided investors with a business update on Monday that illuminated a few bright spots and early signs of
Why Raytheon, General Dynamics, and United Technologies Stocks All Fell 10% Today
Congressional and White House plans to bail out companies crushed by the novel coronavirus and to mail out billions of dollars' worth of relief cash to workers either laid off from work or confined
Gilead Sciences Stops Accepting Emergency-Use Applications for Remdesivir
The coronavirus pandemic has overtaxed an expanded-use system that just wasn't designed to handle the volume of requests it's getting right now for remdesivir, an experimental antiviral treatment
5 Reasons Square Can Weather the Coronavirus Crisis
Square's (NYSE: SQ) stock was cut in half over the past month as the novel coronavirus (COVID-19) pandemic forced businesses to close across the U.S. and around the world. Small businesses, which
Softbank Announces $41 Billion in Asset Sales, Plans $18 Billion in Stock Buy Backs
Softbank (OTC: SFTBY), the Japanese technology company, plans to sell $41 billion in assets in an effort to buy back shares and silence critics of the company.
The plan, the largest in the
Why Shares of Hasbro Jumped 18% Early Monday
Shares of Hasbro, Inc. (NASDAQ: HAS), a global manufacturer of toys, games, and other consumer entertainment products, jumped as high as 18% Monday morning after the toymaker's CEO, Brian Goldner
Amazon Makes Kids Programming Free for Everyone
Families are stuck at home for the foreseeable future due to Coronavirus. That likely has tempers rising, kids complaining of boredom, and parents struggling to find things for the little ones to
Why Netflix Stock Jumped Monday
Shares of streaming TV company Netflix (NASDAQ: NFLX) jumped on Monday, rising 9.2% as of 1:02 p.m. EDT. Shares are up even as the overall market is down. As of this writing, the S&P 500 is down
Why Shares of Urban Outfitters Are Falling Today
Shares of retailer Urban Outfitters (NASDAQ: URBN) were falling on Monday, as investors grappled with the likelihood that the company's brick-and-mortar shutdown will last much longer than
Five Below Expresses Confidence Despite Store Closures
Five Below (NASDAQ: FIVE) recently closed out a solid fiscal year marked by an aggressive 150 new store openings and the chain's 14th consecutive year of sales gains at existing locations. And while
COVID-19 Could Ground NASA's New Moon Rocket
NASA has stopped development work on its Space Launch System (SLS) and Orion space capsule, two key parts of the space agency's plan to return to the moon in 2024.
In a statement late last week
Dow Jones News: Boeing Upgraded; McDonald's Shuts Down Some Restaurants
Stocks were plunging again on Monday, with the Dow Jones Industrial Average (DJINDICES: ^DJI) down 3.8% at 11:40 a.m. EDT. Dramatic actions from the Federal Reserve were unable to boost investor
Uber CEO Urges White House to Help Gig Economy Workers Hurt by Coronavirus
With the White House gearing up to offer more than a trillion dollars in aid to help struggling Americans in the wake of the COVID-19 outbreak, Uber (NYSE: UBER) CEO Dara Khosrowshahi wants gig
Why Shares of Ford Motor Are Falling Again Today
Shares of Ford Motor (NYSE: F) were falling on Monday, down about 5.1% as of 11:30 a.m. EDT, after the company said that it will close more factories and an influential analyst cut his price target
Dollar General to Hire 50,000 More Workers to Meet Raised Demand
In a move mirroring those of rival retailers Amazon.com (NASDAQ: AMZN) and Walmart (NYSE: WMT), Dollar General (NYSE: DG) announced on Monday morning it was looking to hire an additional 50,000
Why Stitch Fix Shares Were Sliding Today
Stitch Fix (NASDAQ: SFIX) stock was selling off today as the online personalized styling service continued to respond to the broader volatility in the market. Consumer discretionary stocks like
3 Reasons to Buy PepsiCo During the Coronavirus Pandemic
The share price of PepsiCo (NASDAQ: PEP) has dropped significantly in 2020, declining 22% year to date, which is nearly 10 percentage points better than the S&P 500 decline of 31.5%. As the global
Why Shares of Activision Blizzard Are Up Today
Shares of Activision Blizzard (NASDAQ: ATVI) were up more than 7% on Monday on no apparent company specific news. The shares have been under pressure of late along with the broader market, but
Stock Market News: This Top Coronavirus Stock Just Soared Again
Monday morning brought investors another set of unprecedented news, as the COVID-19 pandemic continued to spread and markets remained jittery. The Federal Reserve announced that it would take
Shares of Nordstrom Fall as Concerns Grow About Online Business
Shares of upscale retailer Nordstrom (NYSE: JWN) were down again on Monday, on growing investor concerns about the company's likely losses amid the coronavirus pandemic.
As of 11:30 a.m. EDT
Starbucks Raises Pay by $3 for Some Workers
In a press release on Sunday, Starbucks (NASDAQ: SBUX) said it will compensate hourly employees who work their regular shifts by an extra $3 per hour from March 21 through April 19.
The coffee