NEW YORK/HONG KONG/MILAN/LONDON (Reuters Breakingviews) - Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
Wall Street fell on Thursday following a historic contraction in second-quarter GDP and a tweet by President Donald Trump floating the possibility of delaying the U.S. November presidential elections.
Wall Street's main indexes were set to open lower on Thursday after data confirmed the economy suffered its steepest contraction since the Great Depression in the second quarter, adding to gloom from job losses and a resurgence in coronavirus cases.
E-commerce has already reshaped the business world, but investors should keep in mind that the transformation is still just getting started. Online retail is primed for decades of growth as consumers and enterprises do more of their shopping online, and top players in the space
Fed Chairman Jerome Powell signaled the Fed will keep an accommodative stance with monetary policy until the economy has “weathered” the effects of the coronavirus pandemic.
GoPro (NASDAQ: GPRO) has been getting some attention lately, mainly because the popular stock-trading app Robinhood gives its users one free share in a company when they sign up for the service -- and many times, they get GoPro's stock. That might sound like a good deal at first
U.S. stock index futures fell on Thursday with investors staying cautious ahead of data that is likely to confirm the COVID-19 pandemic caused the steepest pace of economic contraction since the Great Depression in the second quarter.
Four of the United States' big tech firms, accounting for nearly a fifth of the S&P 500's total value, report results on Thursday on the heels of a bruising Congressional hearing to look into alleged abuse of their global dominance.
At his veterinary practice near the French city of Lyon one morning in June, Gilles Renevier prepared to perform a castration on a poodle. When not attending to animals, he turns to his other role: attempting to neuter the expansion ambitions of Amazon.com Inc.
As Apple Inc and Amazon.com Inc worked toward a high-profile distribution deal at least a couple of years ago, one proposal on the table was for Apple to have "competing ads removed from search" results on Amazon, according to documents released on Wednesday from a U.S. House of Representatives investigation.
At Wednesday's hotly anticipated congressional hearing on Big Tech CEOs, much of what they said was predictable: We're not that big; competition is fierce; consumers love us.
SAN FRANCISCO (Reuters Breakingviews) - Politicians love to throw mud at Silicon Valley, and sometimes it sticks. The chiefs of Apple, Amazon.com, Facebook and Google faced an array of silly questions at a Washington, D.C. hearing on Wednesday, but also encountered point
The market rallied today after the Federal Reserve said it would keep interest rates at historic lows in an effort to stimulate economic activity during the COVID-19 pandemic. The Nasdaq Composite (NASDAQINDEX: ^IXIC) climbed 141 points, or 1.4%.
U.S. stocks closed higher on Wednesday, adding to gains after the Federal Reserve repeated a pledge to use its "full range of tools" to support the economy but cautioned that the outlook "will depend significantly on the course of the virus."
U.S. stocks added to gains on Wednesday after the Federal Reserve repeated a pledge to use its "full range of tools" to support the economy but cautioned that the outlook "will depend significantly on the course of the virus."
U.S. stocks added to gains on Wednesday after the U.S. Federal Reserve repeated a pledge to use its "full range of tools" to support the economy for as long as it takes to recover from fallout of the pandemic.
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