These stocks have been crushed since the coronavirus began to take down the U.S. market
- This stock has scored the biggest boost from the coronavirus outbreak — but the company has been out of business for years
- Stocks keep getting slammed because investors fear a ‘supply shock’ that central bankers can’t fix
- Opinion: Prudent investors should look at these four stock charts as coronavirus spreads
British Airways owner says can’t give guidance due to coronavirus
International Consolidated Airlines Group SA said Friday that net profit in 2019 fell 40%, and given the current coronavirus epidemic it wasn't able to give accurate profit guidance for 2020. The airline group--which houses British Airways, Iberia, and Vueling among others--said net profit for the year was 1.72 billion euros ($1.88 billion) compared with EUR2.89 billion in 2018.
‘Shark Tank’s’ Barbara Corcoran fell for this very common phishing scam — and it cost her almost $400,000
Companies have lost $26 billion to email wire fraud since 2016.
FIRE after 50? Yes, you can. Here’s 4 misconceptions about retiring early
Here’s why it’s not to late to join the FIRE movement if you’re over 50 or even over 60.
Biotech company Forty Seven surges 30% after hours on report of Gilead interest
Shares of cancer-therapy company Forty Seven Inc. shot up more than 30% in after-hours trading Thursday after a report that Gilead Sciences Inc. has made a takeover offer. Bloomberg News reported that Gilead and Forty Seven, a biotech firm that specializes in cancer immunotherapy, are discussing a number of options, including a partnership, and the company was said to have other suitors as well. Forty Seven's stock is up 192% over the past year, with a market cap of around $2.3 billion. Gilead shares ticked up slightly in extended trading.
Three Barclays bankers cleared of Qatar fraud charges
Roger Jenkins, Richard Boath and Thomas Kalaris cleared over crisis-era dealings with the Qatar Investment Authority
Cisco starts new round of layoffs
Cisco Systems Inc. has started a new round of job cuts as the networking-equipment maker faces the prospect of slowing sales growth because of global economic uncertainty. The layoffs, Cisco told The Wall Street Journal on Thursday, are "part of an ongoing process of aligning our investments and resources to meet the evolving needs of our customers and partners." The company, which has around 75,000 employees, declined to say how many people were affected or what roles they hold.
