Category: Markets

Senator Burr Resigns As Intel Committee Chairman Amid Escalating Stock Sale Probe

It’s the latest development in a controversy ignited by stock sales made just before the coronavirus tanked markets.

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: New Coronavirus Hospitalizations In New York Fall To 572, Lowest Level Since Crisis Began

“That is welcome news,” the New York governor said.

Gilead Sciences Targeted By Hackers Linked To Iran: Report

The attacks on Gilead reflect a growing trend of state-backed hackers targeting intelligence related to a treatment for coronavirus.

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.