Stock futures were up just slightly in overnight trading after stocks’ worst two-day rout in more than four years amid heightened concern the coronavirus will upend global economic growth. Futures on the Dow Jones Industrial Average rose 96 points, while the S&P 500 futures were up 0.2%. To be sure, futures trading this early may
Month: February 2020
Macy’s reported fourth-quarter earnings on Tuesday that outpaced expectations, helped by a boost from last-minute shoppers who lifted sales in the days leading up to Christmas. Shares climbed as much as 6% in premarket trading, before they dropped and opened flat. “Taken as a whole, 2019 did not play out as we intended for Macy’s,
Chief executive officer and chairman of The Walt Disney Company Bob Iger and Mickey Mouse look on before ringing the opening bell at the New York Stock Exchange (NYSE), November 27, 2017 in New York City. Getty Images Bob Iger is stepping down as CEO. The media mogul, who has been at the helm of
At $25 per pound, macadamia nuts are the world’s most expensive nuts.The nuts keep breaking price records every year. Macadamia trees take 7 to 10 years to begin producing nuts, and the nuts can only be harvested a few times a year. Although the demand for the nuts has largely outpaced the supply, exporters worry
► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs Private equity firms have come of age since their corporate raider days and are increasingly vying for retail investors’ cash. But what do they do? And what risks do investors face? John Authers, senior investment columnist, explains. ► FT Markets: http://bit.ly/1J5HNd3 ► FT Business: http://bit.ly/1KUK08s ►
April 30 — Tesla is a young company, but it’s already made history. Bloomberg takes a quick look back at some of Tesla’s milestones since its founding in 2003.
The loudest band in the rock world also rocks the merchandising world, managing what Gene Simmons calls a billion dollar business.
Oliver Furrer | Cultura | Getty Images The spread of the coronavirus helped to sink the Dow Jones Industrial Average more than 900 points when the market opened on Monday. And if that decline goes past 1,000 points, it could be the biggest one-day drop since 2018. If you’re like many investors, you may be
Investors must take precaution about the stocks they want to put their money in because the coronavirus outbreak is disrupting supply chains of many companies, CNBC’s Jim Cramer warned on Monday. American businesses are “far too dependent” on manufacturing products in China, he said. The comments came after the three major U.S. stock indexes plunged
Historic England is the country’s official list keeper of the most historically and architecturally significant places in England — places such as monuments, shipwrecks and battlefields. And pubs. Earlier this month, the heritage organization updated 11 English pub listings to reflect their cultural heritage and national importance, with one receiving a coveted Grade I designation.
This is a live blog. Check back for updates 6:27 am: Futures point to muted gains at the open Stock futures implied a positive open for the major averages, with the Dow Jones Industrial Average indicating a gain of 113 points at the open. This hardly makes up for Monday’s losses, however, which saw $1.7
A Home Depot store in Miami, Florida. Getty Images Home Depot is set to report earnings for the fourth quarter before the bell Tuesday and update investors on whether its significant investments in the company are paying off. Here’s what analysts expect, based on Refinitiv data: Earnings per share: $2.10, adjusted Revenue: $25.76 billion Same-store
Amazon Go Grocery spans 10,400 square feet and includes about 5,000 different items. Source: Lauren Thomas, CNBC SEATTLE — Amazon is cracking further into the $800 billion U.S. grocery industry, keeping the likes of Walmart, Kroger, 7-Eleven and Instacart on their toes. The online behemoth on Tuesday is opening its first, full-size, cashierless grocery store.
An Austrian train was halted in Munich, Germany, after carrying two women with suspected coronavirus from Venice, Italy. picture alliance Global markets are suffering. On Monday, the Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite all traded sharply lower. Don’t hit the panic button just yet. Within six months, stocks are usually on
Investors should remain in the market despite Monday’s major coronavirus-induced sell-off, CNBC’s Jim Cramer said. “Stay in. Stay in,” Cramer said on “Closing Bell.” “We’re getting a comprehensive decline. I think you can start buying the staples tomorrow.” The “Mad Money” host reiterated his belief that drug companies remain attractive in the current market conditions.
A woman wear a protective mask in Venice, Italy, on February 23, 2020 due to concerns over coronavirus infection. The carnival was suspended due to the coronavirus outbreak in northern Italy. NurPhoto Ferrari has suspended tours of its factory and shut down museums near its headquarters following the outbreak of coronavirus in Northern Italy. Ferrari’s
Stock futures bounced a bit on Monday evening following the market’s worst decline in two years on coronavirus fears. Futures on the Dow Jones Industrial Average were up by 34 points, while S&P 500 futures were higher by 0.2%. The slight gains came even as after the bell United Airlines and Mastercard warned about the potential
Gear up for a major week for retail stocks. Some of the big-ticket names in retail such as Home Depot, Macy’s and TJ Maxx parent TJX are all gearing up for earnings. The group heads into the busy stretch with a lot to prove — nearly half the stocks in the XRT retail ETF are in
A pedestrian wearing a face mask walks past a stock indicator displaying share prices of the Tokyo Stock Exchange in Tokyo on February 3, 2020. BEHROUZ MEHRI | AFP via Getty Images This is a live blog. Please check back for updates. All times below are in Eastern time. Total confirmed cases: More than 79,400Total
The green paste you’ve been eating with your sushi isn’t really wasabi. If you check the ingredients on the packet, you might see a mixture of sweetener, horseradish and perhaps a small percentage of the real thing. Real wasabi is hard to come across and it can cost $250 per kilo. So what actually is
Technology giants are creating thousands of new millionaires as they list on the stock exchange through much-hyped IPOs. FT tech correspondent Hannah Murphy meets residents struggling to keep up as the city’s wealth gap widens. ► Subscribe to FT.com here: http://bit.ly/2GakujT ► Listen to our podcasts: https://www.ft.com/podcasts Follow us on Twitter: https://twitter.com/fincancialtimes Check us out
The Dutch capital Amsterdam is widely known for being bike-friendly. But it wasn’t always a model cycling city. Public outrage at rising traffic casualties in the Seventies caused city planners to rethink their approach to urban design. Video by Gloria Kurnik
Though millions of people have visited Disneyland, few know about three secret locations inside the park. Cristina Alesci goes inside the most sacred spaces in the “Happiest Place on Earth,” all with special ties to Walt himself.
Millions of households that hustled to get their tax returns to the IRS early could be waiting until March for their refunds. If you’re claiming the additional child tax credit or the earned income tax credit, the IRS cannot issue your refund before mid-February. An anti-fraud law requires the agency to use that additional time
Listings on Airbnb have come a long way since co-founders Brian Chesky and Joe Gebbia rented out air mattresses in their San Francisco apartment for $80 per night. What was then “Air Bed and Breakfast” is now a company with over 7 million listings that include French castles, Mexican bubble domes, American sheep wagons and
Traders work on the floor of the New York Stock Exchange. Brendan McDermid | Reuters This is a live blog. Please check back for updates. 6:27 am: Many stocks dropping on coronavirus fears 6:22 am: Dow futures tank by more than 800 points on coronavirus fears U.S. stock futures are falling sharply on Monday morning
Scott Eells | Bloomberg | Getty Images Zillow on Wednesday reported a surge in quarterly revenue and a smaller-than-expected loss as more people used its real estate website to buy and sell homes, sending its shares up 10% in trading after the bell. Revenue from the company’s home unit, which accounts for more than half
Crawfish concierge at Ritz-Carlton New Orleans. Source: Ritz-Carlton New Orleans Pantelis Evangelou is a guest services manager at the London Marriott Park Lane, but to young guests, he may be better known as the hotel’s teddy bear butler. The hotel offers a teddy-bear themed concierge service to children that is included with suite bookings or
Daniel Grill | Getty Images When it comes to retirement, it’s no secret that women face an uphill battle financially. And while women’s retirement readiness is improving, there’s room for much more, according to new research from the Aegon Center for Longevity and Retirement. Women around the world share the same three career challenges: a
James Gorman, chairman and chief executive officer of Morgan Stanley. Michael Nagle | Bloomberg | Getty Images Morgan Stanley, the tony investment bank for rich Americans and corporations, is making a play for the masses with its $13 billion takeover of discount brokerage pioneer E-Trade. The move, announced early Thursday, is the biggest takeover by
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