The coronavirus has claimed over 1,000 lives and infected more than 40,000 people, most of them in China, since the outbreak started in December. The SARS outbreak, by comparison, claimed nearly 800 lives in an eight-month period between 2002 and 2003.
Warren Buffett, the CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), is widely regarded as one of the greatest investing minds of our time. Since the mid-1950s, Buffett has seen his net worth grow from about $10,000 to a cool $90 billion. Keep in mind that this figure fails
Sirius XM Radio (NASDAQ: SIRI) has guided for a revenue growth of just 4% to $8.1 billion in 2020, which would be the lowest in the company’s history. This will follow a 35% revenue growth in 2019, which was largely due to the acquisition of Pandora’s business. The compan
Sirius XM Radio (NASDAQ: SIRI) has guided for a revenue growth of just 4% to $8.1 billion in 2020, which would be the lowest in the company’s history. This will follow a 35% revenue growth in 2019, which was largely due to the acquisition of Pandora’s business. The compan
Arbs are having a hard time figuring out how to play Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google and its pending acquisition of wearables pioneer Fitbit (NYSE: FIT). Fitbit stock traded as high as $7.26 the day that the $2.1 billion deal was announced more than three m
The Dow Jones Industrial Average (DJINDICES: ^DJI) was rallying Monday morning, up 0.28% at 10:25 a.m. EST. This is despite the ongoing coronavirus outbreak that originated in China. The virus has now claimed more than 900 lives and infected over 40,000 people globally. The deat
In the coming week, Chinese factories are expected to reopen after the extended Lunar New Year holiday, but many may postpone given that over the weekend the death toll from the coronavirus overtook that of SARS as more than 910 deaths have been reported.
In the coming week, Chinese factories are expected to reopen after the extended Lunar New Year holiday, but many may postpone given that over the weekend the death toll from the coronavirus overtook that of SARS as more than 910 deaths have been reported.
MUMBAI (Reuters Breakingviews) - The coronavirus outbreak in China has economic consequences as far-reaching as the spread of the infection itself. Citywide quarantines and fear of contagion are challenging the world’s second largest economy as it attempts to go back t