Shares of Tesla closed down 10.3% last Friday on CEO Elon Musk's tweet, but have quickly recovered those losses and added much more.
Despite pledges from the big social media companies to remove dangerous coronavirus misinformation, from false causes to false cures, Silicon Valley and fact-checkers around the world are struggling to stem the flow of false claims about the pandemic. CNN's Donie O'Sullivan reports.
Even companies that weren't in financial trouble before the coronavirus pandemic arrived may now be teetering. There are some iconic names that are fleeing to court for bankruptcy protection, from high-end department stores and gourmet grocers to tech-focused companies that didn't keep up with changing times.
Cruise operator Norwegian Cruise Line Holdings said Tuesday it does not have enough cash to meet its obligations in the next year and raised doubts about its ability to keep running its operations.
As much as it pains to say, there is simply no reason to be long F stock right now.
The most Americans in history lost their job in April, but markets are moving higher. Here's why.
The legal grounds are murky.
This week, Uber laid off about 14% of its corporate employees, about 3,700 people, to cut costs.
The Fed's massive bond market activity is indirectly inflating stock prices and likely one significant cause behind the market rally no one expected.
J.C. Penney is preparing to file for bankruptcy protection as soon as next, week with plans to permanently close about a quarter of its roughly 850 stores, becoming the latest major U.S. retailer to succumb to fallout from the coronavirus outbreak, according to people familiar with the matter.
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