The Dow Jones Industrial Average exploded over 13% in two days this week as the White House and congressional leaders announced they have agreed on a multi-trillion-dollar stimulus package. The 30-stock average saw a gain of over 2%, or 495.64 points, to 21,200.55 on Wednesday. The S&P 500 was up by 1.1% and closed at … Continue reading “The Dow Explodes as Senate Almost Reaches a $2 Trillion Stimulus Deal”
Author: Sophia Vida
Yum Brands Has Suspended its $2 Billion Buyback Program
Yum Brands, which operates brands KFC, Taco Bell, Pizza Hut, and WingStreet worldwide, except in…
SpaceX is Making and Donating Products to Help Fight Coronavirus
Elon Musk's aerospace company SpaceX is doing its part to fight back in the coronavirus…
The 2020 Olympics Have Been Officially Rescheduled
It was this week that the International Olympic Committee (IOC) decided to delay the Tokyo…
Groupon’s CEO and COO Has Left the Building
After Groupon's turnaround plans failed to succeed, the company has removed its CEO and COO,…
Roche CEO Says Widespread Coronavirus Testing in United States is Long Away
According to the CEO of test manufacturer ROche, Severin Schwan, the widespread coronavirus testing in…
These Senators Want to Ban Overdraft Fees During the Coronavirus Pandemic
Stress and anxiety continue to mount as the nation bears the Coronavirus outbreak that has…
Facebook is Giving Employees a Month of Paid Sick Leave
Social media giant Facebook is standing up proactively and doing the right thing for its…
Nordstrom Has Suspended its Dividend and Halted Buybacks
As the coronavirus pandemic roars on, retailer Nordstrom has decided to suspend its dividend, halt…
Twitter Has Pulled Q1 Guidance Amid Coronavirus Outbreak
Social media company Twitter has decided to pull its first quarter guidance due to the…
Investor David Tepper Says the Market May Continue to Drop
American billionaire businessman David Tepper says the market may still have 10% to 15% to…
Senators Want Amazon CEO To Give Warehouse Workers Sick Leave
Several senators wrote a letter to Jeff Bezos, the CEO of Amazon, asking him to…
Verizon CEO Says Web Traffic Jumped 20% in a Week Due to Coronavirus Shutdown
According to Verizon Communication's CEO Hans Vestberg, data usage is surging during the coronavirus shutdown.…
Bank of America Says These Customers May Be Able to Defer Mortage Payments
The coronavirus outbreak has caused major damage across the world and many of it economically.…
