Investors showed fraying patience in response to Wayfair's (NYSE: W) fourth-quarter earnings report. While the home furnishings retailer continued winning market share thanks to its robust e-commerce platform, sales growth slowed and costs spiked. Total 2019 losses amounted to n
Brazil's right-wing President Jair Bolsonaro is preparing to meet U.S. President Donald Trump on Saturday at the Mar-a-Lago resort in Florida, four people familiar with the Brazilian leader's travel plans told Reuters.
The U.S. Senate passed a bill funding the battle against the outbreak of the SARS-CoV-2 coronavirus and the disease it causes, COVID-19. The vote, taken Thursday afternoon, passed overwhelmingly by a count of 96 in favor and one against, with three abstentions. The previous day,
Stocks took a massive hit Thursday, unable to capitalize on yesterday's furious Super Tuesday rally. Wall Street continues to be gripped by coronavirus fears, as countries around the world extend quarantine and travel restrictions. The Dow lost over 969 points by the close, er
What happened
Shares of Abbott Laboratories (NYSE: ABT) slipped 11.6% in February, according to data provided by S&P Global Market Intelligence, amid concern that a deepening of the coronavirus outbreak may hurt sales of companies with business in the country.
Argentina's central bank lowered the benchmark interest rate to 38% from 40% on Thursday, the eighth cut since the middle of December when the country's new Peronist government came to power pledging to rekindle stalled growth.
Apparel retailer Gap Inc on Thursday named long-time executive Sonia Syngal as its new chief executive officer, nearly four months after the surprise exit of its then chief Art Peck.
The Centers for Disease Control and Prevention (CDC) announced that it will be providing doctors across the country with further information about COVID-19 as well as how to treat patients infected with the novel coronavirus. According to the agency's website, the CDC's call too
The Canadian dollar weakened against its U.S. counterpart on Thursday as investors grew more concerned about the economic impact of the coronavirus and the Bank of Canada left the door open to further interest rate cuts to cushion the blow.
Square Inc on Thursday cut its full-year adjusted profit forecast citing higher interest expense from the issuance of a $1 billion convertible note offering.
Autostrade per l'Italia has delayed the release of its 2019 results to April 27 to give it more time to evaluate the impact of a new rule that changes the terms of its concession, the motorway unit of Atlantia said.