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When the Sacklers needed PR help, they turned to Mike Bloomberg
by Hannah Dreier for ProPublica Long celebrated as civic-minded philanthropists, the Sacklers were becoming pariahs. The billionaire family whose company created and pushed the addictive painkiller OxyContin had managed to escape connection with the opioid crisis for years, but now two magazine pieces were portraying them as pain profiteers. Museums that had sought their donations were being asked about giving the money back. Mortimer D.A....
United Airlines slashes Asia service because of coronavirus
United Airlines has reduced service because of coronavirus.
Amazing megaprojects that never happened
The world would have looked very different indeed if just a fraction of the most grandiose and fantastical megaprojects ever proposed had made it past the drawing board. Ridiculously ambitious creations, these constructions would have changed our world's landscape and pushed the boundaries of human ability. Looking back through history, we reveal 60 of the most jaw-dropping developments that never happened.
Chicken-sandwich wars could end up saving US poultry industry
U.S. chicken companies are running production at a manic rate, sparking a glut and sending prices for key products like breast meat to record lows. Despite all that, the industry could be looking at a bright 2020 -- thanks to the chicken-sandwich craze sweeping America.
Bed Bath & Beyond cuts 500 jobs amid overhaul
Bed Bath & Beyond Inc. announced another round of cuts in the home furnishing company’s bid to simplify its business and reverse years of flagging sales.
Best Buy program doubles price of items for some customers
Some employees express growing unease with “Progressive Leasing," which is being offered to customers who don’t qualify for the retailer’ credit card
Amazon cracks down on coronavirus price gouging
The company pulled more than 1 million products that made false claims about the coronavirus.
Disney makes disabled guests wait too long for rides, lawsuits allege
Lawsuits against Walt Disney Co. are moving ahead in California and Florida, challenging how the company allows disabled people to access theme park attractions.
Home Depot's big-ticket items are a hit with shoppers
Analysts rushed to raise their stock price targets on Home Depot’s stock after the home-improvement retailer announced better-than-expected earnings.
Global stocks head for worst week since the financial crisis amid fears of a possible pandemic
Stock markets around the world are tumbling into correction territory as fears of a possible pandemic escalate, with cases of the new coronavirus surging outside China.
Oil prices on track for biggest weekly decline in over four years
Oil prices on track for biggest weekly decline in over four years
Now Trump is blaming the stock plunge on Dems' debate
The president’s argument rests on a misunderstanding of how time works.
Stocks Plunge In Worst Loss Since 2011 Over Coronavirus Fears
The global stock market slid for the sixth straight day on Thursday, as the S&P 500 index plunged to its worst loss in almost nine years and investors worldwide grew increasingly fearful that the coronavirus outbreak could cause a recession as it squeezes corporate profits.
As rout gets nasty, traders hunt for signs of where it will end
With $3 trillion erased from American stocks and the angst starting to morph into panic, investors want to know where it will end. A lot of the answer, and the fate of the bull market, turns on whether the virus outbreak ends up causing a recession.
'Stay at home' stocks like Netflix could provide a coronavirus refuge
Netflix, Facebook, Amazon, Peloton, Slack and Zoom are among a handful of companies that MKM Partners identified could rise despite the broader market sell-off.
Here's when you should buy stocks again
Stocks are selling off this week - but the data point to upside ahead. Here's where investors should go back in.
10 stocks to buy for your 10-year-old
With digitalization trends changing how we live and work, these ten stocks to buy are perfect for your long-term portfolio – or your young children’s.
Gilead's rushing a coronavirus treatment, but analysts are wary
Gilead Sciences Inc.’s market value is closing in on $100 billion as the biotech jumped after a Wednesday night coronavirus update.
Hertz and Avis tumble 30% in 3 days on virus travel threat
Car-rental companies are plunging after U.S. health officials warned that the coronavirus could spread widely, possibly leading to stricter travel restrictions.
These stocks have been crushed since the coronavirus hit
The energy and travel industries have been hit the hardest.
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