This is a live blog. Please check back for updates. All times below are in Eastern time. Total cases: More than 28,000 as of Thursday morning.Total deaths: At least 565 worldwide as of Thursday morning 9:02 am:Â Yum Brands shares drop as CEO comments on coronavirus hit Yum Brands, the owner of Taco Bell, KFC […]
Tag: Business
WHO says there are ‘no known’ treatments, ECB chief says outbreak fuels economic uncertainty
This is a live blog. Please check back for updates. All times below are in Eastern time. Total cases: More than 24,000 as of Wednesday morning.Total deaths: At least 490 worldwide as of Wednesday morning. 8 am: ECB chief says outbreak ‘adds a new layer of uncertainty’ to global growth The president of the European […]
TSLA jumps past $900 in early trading
Tesla stock is surging again, set to open Tuesday’s trading at a new record high as major shareholder Ron Baron forecast the company will top $1 trillion in revenue in a decade and as investors who bet against the stock scrambled to catch up. “I just can’t believe this freaking stock. It’s insane,” Roth Capital analyst […]
Google still isn’t telling us about YouTube and cloud profits
Google CEO Sundar Pichai speaks during signing ceremony committing Google to help expand information technology education at El Centro College in Dallas, Texas, October 3, 2019. Brandon Wade | Reuters Alphabet told investors half the story by disclosing YouTube and cloud revenue numbers for the first time. But what about the other half? After facing […]
Gatorade and Powerade try to adapt as sports drinks sales decline
The first National Football League team to drink Gatorade was the Kansas City Chiefs, who went on to win a Super Bowl that year. For the first time since winning the title in 1970, the Missouri football team is back in the big game this year. In the 50 years since the Chiefs’ victory, Gatorade […]
Philippines reports death; countries suspend China flights
Chinese police wear protective masks as they stand guard on a main road on January 31, 2020 in Beijing, China. Kevin Frayer | Getty Images This is a live blog. Please check back for updates. All times below in Beijing time. 9:31 pm: Plane evacuating French and European nationals lands in Wuhan A plane repatriating […]
General Motors playing to its strengths with the GMC Hummer EV pickup
DETROIT – General Motors is playing to its strengths from a profitability and product standpoint by resurrecting Hummer as an all-electric vehicle under its GMC truck and SUV brand, according to officials. The automaker is attempting to cash-in on the reputation of an already-established brand while removing any “negative baggage” of the gas-guzzling, environment-harming Hummers […]
Billionaire Mike Bloomberg calls for $5 trillion tax plan
2020 Democratic presidential hopeful and former New York Mayor Michael Bloomberg speaks during an event to open a campaign office at Eastern Market in Detroit, Michigan, on December 21, 2019. Jeff Kowalsky | AFP | Getty Images Billionaire Democratic candidate Mike Bloomberg unveiled a tax plan on Saturday that would unwind corporate tax breaks granted […]
China’s death toll, confirmed cases
This is a live blog. Please check back for updates. All times below in Beijing time. 7:40 pm: China cancels tariffs on some virus prevention materials imported from United States China will suspend retaliatory tariffs on products from the United States that can be used to combat the coronavirus outbreak in China, according to the […]
honesty will ‘piss off’ people
Facebook’s CEO Mark Zuckerberg speaks during the F8 Facebook Developers conference on April 30, 2019 in San Jose, California. Justin Sullivan | Getty Images Facebook CEO Mark Zuckerberg on Friday said the social media company is going to stand for principles it believes in whether or not people like it. “This is the new approach, […]
