People wearing protective face masks walk inside a mall in Shanghai on February 8, 2020. Noel Celis | AFP | Getty Images This is a live blog. Please check back for updates. All times below are in Beijing time. 7:28 pm: China pledges more than $10 billion to fight virus All levels of China’s government […]
Tag: business news
Twitter CEO Jack Dorsey San Francisco comments a warning sign
Jack Dorsey attends the cocktail party hosted by Chrome Hearts X Jordan Barrett at La Maison Du Caviar in Paris, France. Victor Boyko | Getty Images Entertainment | Getty Images When Twitter CEO Jack Dorsey told investors this week that he’s planning for a future with a more distributed workforce, his Bay Area peers could […]
US citizen dies in Wuhan
A local pharmacy in Singapore ran out stocks of masks, hand sanitisers, and thermometers amid fear of the Wuhan coronavirus outbreak. There are 18 confirmed cases of Wuhan coronavirus in Singapore as of February 3, 2020, as reported by the country’s Ministry of Health (MOH). SOPA Images This is a live blog. Please check back […]
Why Tesla stock seems expensive, even compared to other tech stocks
A Tesla Model S is displayed during the London Motor and Tech Show at ExCel on May 16, 2019 in London, England. John Keeble | Getty Images News | Getty Images Tesla’s valuation has soared well past other automakers, even those which produce millions more cars each year, causing Morgan Stanley to take a look […]
Snowflake valued at $12.4 billion as Salesforce Ventures invests
Snowflake CEO Frank Slootman, far right, addresses the team at an all-hands meeting. Courtesy of Snowflake Snowflake, a developer of cloud-based technology for storing and analyzing data, is now worth $12.4 billion, making it one of the most valuable venture-backed companies in Silicon Valley. Salesforce’s corporate venture arm joined Dragoneer Investment Group in the $479 […]
Highlights from the 2020 Democratic debate in New Hampshire
(L-R) Democratic presidential candidates Sen. Elizabeth Warren (D-MA), former Vice President Joe Biden and Sen. Bernie Sanders (I-VT) participate in the Democratic presidential primary debate in the Sullivan Arena at St. Anselm College on February 07, 2020 in Manchester, New Hampshire. Joe Raedle | Getty Images Just days before the crucial New Hampshire primary, Democratic […]
Joe Biden predicts he will ‘take a hit’ in New Hampshire primary
Democratic 2020 U.S. presidential candidate former Vice President Joe Biden speaks at the Democratic 2020 U.S. presidential candidates debate in Manchester, New Hampshire, U.S., Feb 7, 2020. Brian Snyder | Reuters Seven Democrats vying to unseat President Donald Trump in 2020 appeared on the Manchester, New Hampshire, debate stage Friday night, just days before that […]
Antarctica registers record temperature as climate change progresses
A frozen section of the Ross Sea at the Scott Base in Antarctica on November 12, 2016. Mark Ralston | AFP | Getty Images Antarctica just set its hottest temperature ever recorded at 64.9 degrees Fahrenheit as climate change continues to accelerate, according to measurements from an Argentinian research station thermometer. The reading was taken […]
Coronavirus knocks stocks from record highs
Traders work on the floor at the closing bell of the Dow Industrial Average at the New York Stock Exchange. Bryan R. Smith | AFP | Getty Images Dow Jones Industrial Average drops 277 points The Dow slid 277.26 points, or 0.94%, to 29,102.51. The S&P 500 fell 0.54% to 3,327.71. The Nasdaq Composite pulled […]
Dow down 300, coronavirus names fall, Uber best day ever
This is a live blog. Check back for updates. 3:20 pm: Casper shares fall below its IPO price on second day of trading Shares of Casper plunged about 16% to $11.34 in afternoon trading, dipping below its IPO price of $12 per share. In its market debut on Thursday, the online mattress maker’s stock opened […]
