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Showing posts from March, 2020

FOX BIZ NEWS: Coronavirus impact on those without broadband is a struggle in a stuck-at-home nation

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Coronavirus impact on those without broadband is a struggle in a stuck-at-home nation As schools, workplaces and public services shut down in the age of coronavirus, online connections are keeping Americans in touch with vital institutions and each other. But that’s not much of an option when fast internet service is hard to come by.

FOX BIZ NEWS: Bond King Gundlach predicts coronavirus stock drop to sink even lower

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Bond King Gundlach predicts coronavirus stock drop to sink even lower "The low we hit in the middle of March, I would bet that low will get taken out."

FOX BIZ NEWS: As oil tanks, Trump talks with Russia's Putin, Saudi Arabia's crown prince

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As oil tanks, Trump talks with Russia's Putin, Saudi Arabia's crown prince A price war amid the coronavirus pandemic has plunged oil's value.

FOX BIZ NEWS: Coronavirus sends frozen food sales soaring

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Coronavirus sends frozen food sales soaring Canned, packaged and frozen foods are in high demand with extended social distancing guidelines.

FOX BIZ NEWS: China's Huawei warns more US pressure may spur retaliation

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China's Huawei warns more US pressure may spur retaliation Huawei’s chairman warned Tuesday that more U.S. moves to increase pressure on the Chinese tech giant might trigger retaliation by Beijing.

FOX BIZ NEWS: Disney+ to launch in India on April 3: report

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Disney+ to launch in India on April 3: report India is the world's second most-populous nation on earth.

FOX BIZ NEWS: Fox Business Flash top headlines for March 31

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Fox Business Flash top headlines for March 31 Fox Business Flash top headlines are here. Check out what's clicking on FoxBusiness.com.

FOX BIZ NEWS: Portable ultrasound fights coronavirus: Emergency physician

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Portable ultrasound fights coronavirus: Emergency physician Northwest Acute Care Specialists emergency physician Dr. Mike Stone on Butterfly Network’s portable ultrasound, which can image lungs or hearts hurt from coronavirus and hopes to lessen the stress on the health care system.

FOX BIZ NEWS: Whole Foods workers strike, say coronavirus conditions are unsafe

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Whole Foods workers strike, say coronavirus conditions are unsafe Whole Foods workers participate in a ‘sick out’ in protest of working conditions. FOX Business’ Grady Trimble with more.

FOX BIZ NEWS: Langone: Coronavirus rapid testing 'gateway to solve our problem'

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Langone: Coronavirus rapid testing 'gateway to solve our problem' Home Depot co-founder Ken Langone said knowing who has the disease and who doesn't is key.

FOX BIZ NEWS: US economy can recover from coronavirus if Trump sticks to April 30 deadline: Stephen Moore

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US economy can recover from coronavirus if Trump sticks to April 30 deadline: Stephen Moore The economist said it's possible to have both a functioning economy and effective public health measures.

FOX BIZ NEWS: Walmart to start coronavirus temperature checks, health screenings for workers

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Walmart to start coronavirus temperature checks, health screenings for workers Walmart said it would start taking the temperature of its employees before the start of their shift and ask them basic health screening questions.

FOX BIZ NEWS: Rubio: China hid coronavirus data, leading to 'faster and further' spread

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Rubio: China hid coronavirus data, leading to 'faster and further' spread Florida senator said that rather than take the necessary steps to alert the world to COVID-19, China withheld pivotal information.

FOX BIZ NEWS: Dow heads toward worst quarter since 1987

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Dow heads toward worst quarter since 1987 The Dow, which through Monday had fallen almost 22 percent this year, was on track for its biggest quarterly decline since 1987.

FOX BIZ NEWS: US senators urge coronavirus delay to June 1 USMCA trade deal start date

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US senators urge coronavirus delay to June 1 USMCA trade deal start date The June 1 start date would add to pressures on U.S. companies due to the spread of the coronavirus

FOX BIZ NEWS: US GDP to plummet 34% in second quarter: Goldman Sachs

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US GDP to plummet 34% in second quarter: Goldman Sachs The world’s largest economy is likely to shrink at an annualized rate of 34 percent in the second quarter as unemployment soars to 15 percent.

FOX BIZ NEWS: Johnson & Johnson coronavirus vaccine could scale up to a billion doses by end of 2021: CEO

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Johnson & Johnson coronavirus vaccine could scale up to a billion doses by end of 2021: CEO Johnson & Johnson has narrowed down a lead coronavirus vaccine candidate to test on humans.

FOX BIZ NEWS: Coronavirus causing 'unprecedented' US dollar strength

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Coronavirus causing 'unprecedented' US dollar strength King Dollar may strengthen further as the coronavirus drives what will likely be the deepest downturn on record.

FOX BIZ NEWS: China's manufacturing rebounds as coronavirus controls ease

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China's manufacturing rebounds as coronavirus controls ease The purchasing managers’ index rose to 52 from February’s record low of 35.7

FOX BIZ NEWS: Can't forget coronavirus treatments’ potential side effects: Former White House medical adviser

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Can't forget coronavirus treatments’ potential side effects: Former White House medical adviser Former White House senior medical adviser Dr. Saralyn Mark on coronavirus treatments and their potential side effects, the use of masks to prevent the spread of the virus, how the U.S. health care system is handling the outbreak and what the virus could look like if it returns in the fall.

FOX BIZ NEWS: IBM’s Watson tracking coronavirus with AI technology

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IBM’s Watson tracking coronavirus with AI technology IBM's The Weather Company CEO Cameron Clayton on The Weather Channel’s online tools that can track and detail the coronavirus's spread using AI technology.

FOX BIZ NEWS: Stock futures trade higher after Monday's rally

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Stock futures trade higher after Monday's rally The S&P is coming off the best week in 11 years

FOX BIZ NEWS: Amazon fires NY worker over coronavirus social distancing violations

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Amazon fires NY worker over coronavirus social distancing violations Amazon said the employee allegedly violated terms of employment, including leaving a paid quarantine to participate in the demonstration

FOX BIZ NEWS: What is a corporate bond?

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What is a corporate bond? A corporate bond is a type of security issued by a firm and sold to an investor.

FOX BIZ NEWS: AirBnB paying out $250M to hosts burned by coronavirus cancellations

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AirBnB paying out $250M to hosts burned by coronavirus cancellations The aid, which will pay hosts 25% of their normal cancellation fees, is being offered globally except for China.

FOX BIZ NEWS: G20 ministers agree to keep markets open, tackle pandemic supply disruptions

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G20 ministers agree to keep markets open, tackle pandemic supply disruptions They stopped well short of calling for an end to export bans that many countries have enacted on medical supplies.

FOX BIZ NEWS: American Airlines to apply for up to $12B in government aid

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American Airlines to apply for up to $12B in government aid American Airlines Holdings Inc. intends to apply for up to $12 billion government aid.

FOX BIZ NEWS: 3D printing helps alleviate coronavirus test kits production shortage

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3D printing helps alleviate coronavirus test kits production shortage Northwell Health 3D Design and Innovation director Todd Goldstein breaks down the issues surrounding coronavirus testing and the strain the virus is putting on test kit manufacturers.

FOX BIZ NEWS: How is makeup industry staying afloat?

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How is makeup industry staying afloat? Chairperson and CEO of e.l.f. Cosmetics, Tarang Amin, discusses how his sales have dipped amid the coronavirus pandemic.

FOX BIZ NEWS: Coronavirus-positive employee causes NY worker protest

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Coronavirus-positive employee causes NY worker protest FOX Business' Liz Claman discusses how Amazon workers walked out on Monday after a New York employee tested positive for coronavirus.

FOX BIZ NEWS: Cuomo: Competition between states for coronavirus supplies is driving price of ventilators up

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Cuomo: Competition between states for coronavirus supplies is driving price of ventilators up New York Governor Andrew Cuomo discusses how New York is faring during the coronavirus outbreak.

FOX BIZ NEWS: Cuomo: Health care workers across US, please come to New York

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Cuomo: Health care workers across US, please come to New York New York Governor Andrew Cuomo says New York health care workers need relief now.

FOX BIZ NEWS: OpenTable coronavirus tool allows customers to book time slots at stores, restaurants

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OpenTable coronavirus tool allows customers to book time slots at stores, restaurants OpenTable is launching a new tool that could help grocery stores and eateries ease overcrowding as the United States battles coronavirus.

FOX BIZ NEWS: Coronavirus forces auto industry to pivot to online selling

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Coronavirus forces auto industry to pivot to online selling FOX Business’ Grady Trimble on how car dealerships are adapting to customers staying home amid coronavirus.

FOX BIZ NEWS: Coronavirus pandemic could slash economic activity, OECD says

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Coronavirus pandemic could slash economic activity, OECD says OECD economists estimated that total annual output would drop by 6 percent in the developed economies if the unprecedented containment policies implemented by governments last for three months,.

FOX BIZ NEWS: Coronavirus pushes Macy's to furlough majority of 130K workers

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Coronavirus pushes Macy's to furlough majority of 130K workers Macy's Inc. will furlough the majority of its employees beginning this week as sales have evaporated while its stores remain closed due to the coronavirus.

FOX BIZ NEWS: Navy floating hospital ship docks in New York City

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Navy floating hospital ship docks in New York City The Navy hospital ship USNS Comfort has docked in New York City, which will treat overflow patients as hospitals are overwhelmed by coronavirus.

FOX BIZ NEWS: Cope with mental health during coronavirus by creating ‘mental fitness strategy’: Psychotherapist

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Cope with mental health during coronavirus by creating ‘mental fitness strategy’: Psychotherapist Psychotherapist Dr. Robi Ludwig shares insights on how to cope with mental health amid coronavirus.

FOX BIZ NEWS: Archbishop of New York: Coronavirus is a 'booster shot to the faith'

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Archbishop of New York: Coronavirus is a 'booster shot to the faith' Archbishop of New York Cardinal Timothy Dolan on keeping faith through the coronavirus pandemic.

FOX BIZ NEWS: US creating prefilled syringes for coronavirus fight

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US creating prefilled syringes for coronavirus fight Walker Digital Chairman Jay Walker on creating a single-dose prefilled syringes out of medical-grade plastic to help in the coronavirus fight.

FOX BIZ NEWS: Dow extends gains after best week since 1938

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Dow extends gains after best week since 1938 The Dow looks to continue the momentum from its best week since 1938.

FOX BIZ NEWS: Defense Production Act invoked for coronavirus is 'great leverage': Trump

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Defense Production Act invoked for coronavirus is 'great leverage': Trump President Trump had faced criticism for invoking but not using the Defense Production Act.

FOX BIZ NEWS: Coronavirus having 'very little' impact on US food supply: agriculture secretary

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Coronavirus having 'very little' impact on US food supply: agriculture secretary Agriculture Secretary Sonny Perdue said the coronavirus pandemic is having "very little" impact on the U.S. food supply chain.

FOX BIZ NEWS: Coronavirus forcing companies to slash dividends

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Coronavirus forcing companies to slash dividends The economic slowdown caused by the COVID-19 pandemic will result in a sharp drop in dividends paid by S&P 500 companies, according to Goldman Sachs.

FOX BIZ NEWS: Amazon workers to strike coronavirus fears

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Amazon workers to strike coronavirus fears Amazon and Instcart employees plan to walk out over coronavirus safety concerns. FOX Business' Cheryl Casone with more.

FOX BIZ NEWS: ER physician: Don’t trust coronavirus treatments until they’ve been tested

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ER physician: Don’t trust coronavirus treatments until they’ve been tested Brigham and Women’s Hospital emergency physician Dr. Jeremy Faust shares his insights on potential coronavirus treatments and how American hospitals are handing the outbreak.

FOX BIZ NEWS: Coronavirus financial threat -- Let's not have another 2008 bailout bonanza

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Coronavirus financial threat -- Let's not have another 2008 bailout bonanza Bailouts for any single industry must be done more carefully than they were in 2008.

FOX BIZ NEWS: Toyota halts production in European plants

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Toyota halts production in European plants European plants will halt production until at least April 20

FOX BIZ NEWS: Oil slides below $20 as coronavirus social-distancing guidelines extended until April 30

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Oil slides below $20 as coronavirus social-distancing guidelines extended until April 30 Coronavirus fears hit WTI futures for May delivery which were down 7.1 percent at $19.99 a barrel on Sunday evening.

FOX BIZ NEWS: Trump touts coronavirus mask-sterilizing tech after FDA's limited approval

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Trump touts coronavirus mask-sterilizing tech after FDA's limited approval President Trump pushed the Food and Drug Administration to approve a mask-sterilizing technology developed by a nonprofit company in Ohio that would allow health workers fighting the coronavirus to reuse masks.