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Monday, February 24, 2020
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Specialist Anthony Rinaldi, left, and trader Michael Milano work on the floor of the New York Stock Exchange, Tuesday, Feb. 18, 2020. Stocks are opening lower on Wall Street after Apple said it would fail to meet its revenue forecast for the current quarter due to the impact of the virus outbreak in China. (AP Photo/Richard Drew)

Dow Jones Industrials Drop More Than 1,000 Points As The Spreading Coronavirus Outbreak Threatens...

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NEW YORK (AP) — Dow Jones industrials drop more than 1,000 points as the spreading virus outbreak threatens the global economy.
Trader Gregory Rowe works on the floor of the New York Stock Exchange, Monday, Feb. 24, 2020. Stocks are opening sharply lower on Wall Street, pushing the Dow Jones Industrial Average down more than 700 points, as virus cases spread beyond China, threatening to disrupt the global economy. (AP Photo/Richard Drew)

Coronavirus Outbreak Chills Markets, Outlook For Global Economy

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By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — The widening coronavirus outbreak threatens to seriously disrupt...
Specialist Anthony Rinaldi, left, and trader Michael Milano work on the floor of the New York Stock Exchange, Tuesday, Feb. 18, 2020. Stocks are opening lower on Wall Street after Apple said it would fail to meet its revenue forecast for the current quarter due to the impact of the virus outbreak in China. (AP Photo/Richard Drew)

Stocks Fall As Apple Warning Raises China Coronavirus Concerns

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By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — U.S. stocks fell in midday trading Tuesday...
People walk past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Monday, Feb. 17, 2020. Markets are mixed in Asia, with Japan's benchmark slipping 0.8% after the government reported the economy contracted in the last quarter. (AP Photo/Vincent Yu)

Stocks Mostly Rise But Japan Skids On Stark Economic Data

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By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Global stocks mostly rose Monday, with Shanghai's benchmark jumping...
In this Feb. 6, 2020, file photo specialist John O'Hara, left, and trader Philip Powers work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Feb. 14. (AP Photo/Richard Drew, File)

US Stocks Edge Higher In Midday, Head For Weekly Gains

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By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — U.S. stocks edged higher in midday trading...
In this April 23, 2018, file photo, the logo for General Motors appears above a trading post on the floor of the New York Stock Exchange. Despite a 40-day strike by factory workers and slumping sales in the U.S. and China, General Motors still made money in 2019. The company posted a $6.58 billion profit for the year, but that was down almost 17% from 2018. (AP Photo/Richard Drew, File)

401(k)s Hit Records As Workers Sock Away More, Stocks Jump

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By STAN CHOE AP Business Writer NEW YORK (AP) — How's your 401(k) doing? President...
In this Feb. 2, 2020 file photograph, the company logo sits on an unsold 2020 Model X at a Tesla dealership in Littleton, Colo. Shares of Tesla Inc. fell 4% in early trading Thursday, Feb. 13, after the electric vehicle and solar panel maker said it would sell more than $2 billion worth of additional shares. The move comes just two weeks after CEO Elon Musk said the company had enough cash to fund its capital programs and it didn't need to raise any more money. (AP Photo/David Zalubowski, File)

Tesla Offers $2B In Added Shares, Discloses SEC Subpoena

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By TOM KRISHER AP Auto Writer DETROIT (AP) — Tesla said that is selling $2 billion worth of...
In this Feb. 6, 2020, file photo trader Craig Spector works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Feb. 12. (AP Photo/Richard Drew, File)

Solid Earnings Send Stock Indexes To Record High On Wall Street

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By ALEX VEIGA AP Business Writer Stocks moved higher on Wall Street in afternoon trading Wednesday, hitting a...
In this March 23, 2018, file photo provided by KTVU, emergency personnel work a the scene where a Tesla electric SUV crashed into a barrier on U.S. Highway 101 in Mountain View, Calif. The Apple engineer who died when his Tesla Model X crashed into the concrete barrier complained before his death that the SUV’s Autopilot system would malfunction in the area where the crash happened. The complaints were detailed in a trove of documents released Tuesday, Feb. 11, 2020, by the U.S. National Transportation Safety Board, which is investigating the March, 2018 crash that killed engineer Walter Huang. (KTVU-TV via AP, File)

Man Killed In Tesla Crash In Silicon Valley Had Complained About Autopilot

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By TOM KRISHER AP Auto Writer DETROIT (AP) — An Apple engineer who died when his Tesla Model...
In this Jan. 29, 2020 file photo Federal Reserve Chair Jerome Powell speaks during a news conference following the Federal Open Market Committee meeting in Washington. The Federal Reserve believes that downside risks to the U.S. economy have lessened with the easing of trade tensions and better prospects for global growth. But officials note a concern that possible spillovers from a deadly virus in China represent a new threat. (AP Photo/Manuel Balce Ceneta, File)

Federal Reserve Chairman Jerome Powell: Economy Looks Resilient Despite Risk Of Coronavirus

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By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Tuesday the U.S....
In this Feb. 13, 2019, file photo Sprint Corporation Executive Chairman Marcelo Claure, left, speaks with T-Mobile US CEO and President John Legere during the House Commerce subcommittee hearing on Capitol Hill in Washington. A federal judge has removed a major obstacle to T-Mobile's $26.5 billion takeover of Sprint, as he rejected claims by a group of states that the deal would mean less competition and higher phone bills. (AP Photo/Jose Luis Magana, File)

Judge Clears A Major Path To T-Mobile’s $26.5B Sprint Bid

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By TALI ARBEL AP Technology Writer NEW YORK (AP) — A federal judge has cleared a major path...
In this Nov. 15, 2019, file photo is an Uber office in Secaucus, N.J. Uber continued to lose cash as it poured money into building its food delivery business and developing technology for driverless cars, but revenue for its rides business nearly tripled as the company picked up more passengers around the world. The ride-hailing giant lost $1.1 billion in the fourth quarter of 2019, about 24% more than it lost at the same time last year. (AP Photo/Seth Wenig, File)

Uber Loses $1.1B Investing In Food Delivery, Driverless Cars

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By CATHY BUSSEWITZ AP Business Writer NEW YORK (AP) — Uber is still losing money as it expands...
A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Feb. 6, 2020. Asian stock markets have surged after President Donald Trump was acquitted in an impeachment trial and China promised tax cuts and other help to businesses reeling from a virus outbreak. (AP Photo/Ahn Young-joon)

Global Stocks Surge After Trump Acquitted, China Drops Tariffs on $75 Billion Worth of...

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By JOE McDONALD AP Business Writer Global stocks rose Thursday after U.S. President Donald Trump was acquitted in...
A man walks past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Monday, Feb. 3, 2020. The Shanghai Composite index tumbled 8.7% Monday then rebounded slightly as Chinese regulators moved to stabilize markets reopening from a prolonged national holiday despite a rising death toll from a new virus that has spread to more than 20 countries. (AP Photo/Vincent Yu)

Disconnect? Stocks Rise Despite Fears Over Virus From China

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By STAN CHOE, CARLA K. JOHNSON and MARIA CHENG Associated Press NEW YORK (AP) — The virus outbreak out...
Disney +

Disney Plus Has 26.5M Subscribers; Costs Weigh On Profit

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By TALI ARBEL AP Technology Writer NEW YORK (AP) — The Walt Disney Co. said Tuesday that profit...
In this Jan. 16, 2020, file photo, an investor monitors stock prices at a brokerage in Beijing. Several factors are pointing to a possible rebound in emerging market stocks this year. Stocks in China and other developing economies notched solid gains in 2019, but lagged the blockbuster market returns delivered by publicly traded companies in the U.S. and other developed economies. (AP Photo/Ng Han Guan, File)

China Readies Cushion for Virus Shock When Markets Re-open Monday

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BEIJING (AP) — China's central bank announced plans Sunday to inject 1.2 trillion yuan ($173 billion) into the economy to cushion the...
People wear face masks as they leave a Walmart grocery store in Beijing, Saturday, Feb. 1, 2020. China's death toll from a new virus rose to 259 on Saturday and a World Health Organization official said other governments need to prepare for"domestic outbreak control" if the disease spreads in their countries. (AP Photo/Mark Schiefelbein)

Experts: Travel Bans, Business Closures Could Hurt Economy

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MILWAUKEE (AP) — Travel restrictions and business closures aimed at stopping the spread of a new virus that has killed more than...
This Dec. 16, 2017, file photo provided by the Santa Barbara County Fire Department shows flames burning near power lines in Montecito, Calif. Pacific Gas and Electric is promising promising to overhaul its board of directors in an attempt to avoid a potential takeover attempt by the state of California and prove the beleaguered utility is turning over a new leaf as it works through its second bankruptcy in less than 20 years. The promise to shake things up came late Friday, Jan. 31, 2020, as the San Francisco company tries to emerge from bankruptcy by June 30. (Mike Eliason/Santa Barbara County Fire Department via AP, File)

PG&E Pledges to Shake Up Board in Bid to Placate California

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SAN FRANCISCO (AP) — Pacific Gas and Electric is pledging to overhaul its board of directors in an attempt to avoid a...
A selection of iPhones are displayed an Apple store Tuesday, Jan. 28, 2020, in suburban Boston. Apple reports financial earns on Tuesday. (AP Photo/Steven Senne)

Apple’s Profit and Revenue for the Holiday Period Topped Analysts’ Projections as iPhone Bounces...

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SAN FRANCISCO (AP) — Apple is still reaping huge profits from the iPhone while mining more moneymaking opportunities from the growing popularity...
A man looks at an electronic stock board of a securities firm in Tokyo, Monday, Jan. 27, 2020. Shares tumbled Monday in the few Asian markets open as China announced sharp increases in the number of people affected in an outbreak of a potentially deadly virus. (AP Photo/Koji Sasahara)

Asian Stocks Fall as Coronavirus Fears Spook Markets, Hit Tourism

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BANGKOK (AP) Shares tumbled Monday in the few Asian markets open as China announced sharp increases in the number of people affected...

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