Stocks were still down more than 2% this week.
Category: Banking & Insurance
Cuomo’s Proposal To Stop Corporate Bailouts Is Heading To Congress
The “Americans First Law” floated by Cuomo would restrict government bailouts for companies that lay off employees during the pandemic.
Trump: California Should Let Elon Musk Reopen Tesla Factory ‘NOW’
Trump has weighed in on Elon Musk’s fight with California over reopening Tesla’s factory.
Stocks Fall, Dow Plunges Over 400 Points As Reopening Of The Economy Continues
Investors continue to assess the risks of the U.S. returning to business.
Elon Musk Threatens To Pull Tesla Out Of California And Sue County Over Factory Shutdown
“Frankly, this is the final straw,” Musk said.
U.S. Executives Are More Worried About The Economy Than Last Month. Here’s Why.
Business leaders are increasingly concerned with survival, including burning through cash reserves.
Cuomo Says New York Is ‘Finally Ahead Of This Virus’
“We have the beast on the run, there’s no doubt about that,” Cuomo said.
Stocks Rally, Dow Rises Over 400 Points Despite Record Job Losses
The market moved higher, even after 20 million job losses in April.
Norwegian Cruise Line Raises Over $2 Billion After Warning Of Possible Bankruptcy
The company now has enough liquidity to weather coronavirus shutdown, it said on Wednesday.
Stocks Finish Negative After Oil Gives Up Gains
Stocks were down slightly after a mixed day of trading.
