In Australia, shares recovered from earlier losses and rebounded sharply, with the S&P/ASX 200 closing 4.42% higher at 5,539.30 — after falling more than 8% at one point during the session.
In light of the worldwide coronavirus outbreak, what should you do about summer travel plans? Book or wait? Fly or drive? Read our guide to help decide if and where you should go, and to get interesting ideas to stay safe during your summer break.
The move comes after Microsoft canceled two conferences it had planned to host near its headquarters in connection with the spread of the coronavirus. Build 2020 will now be held online instead of in person.
The fall in cryptocurrency markets comes amid a broader sell-off in equities as governments worldwide continue to grapple with the spread of the new coronavirus.
Amazon, like other e-commerce companies, has struggled to police sellers who have sought to take advantage of the panic and flooded online marketplaces with overpriced goods.
Some of the most powerful lobbyists in Washington said corporate leaders are growing increasingly concerned that the Trump administration and Congress don't have a handle on the coronavirus crisis.
The country's largest banks are ready to lend to companies facing a cash squeeze spurred by the coronavirus pandemic. But some of America's weakest companies may not be able to withstand the longer-term impact.
Unlike employees at Amazon's corporate offices, many fulfillment center employees and delivery drivers cannot carry out their job duties while working from home.
The U.S. launched airstrikes in Iraq Thursday, American officials said, targeting the Iranian-backed Shia militia members believed responsible for the rocket attack that killed and wounded American and British troops at a base north of Baghdad.
U.S. District Judge Anthony Trenga ordered Manning's release from jail after prosecutors reported that the grand jury that subpoenaed her has disbanded.
Traders reacted to stocks' steep sell-off on Thursday, which saw the Dow Jones Industrial Average post its largest daily percentage drop since the 1987 crash.
Large venues such as Barclays Center and Madison Square Garden will likely be closed for months as officials try to contain the fast-spreading coronavirus.