• Quotes
  • Shortcuts
The Executive's Internet
Mon, Mar 30th
editor corner icon Editor's Corner | Archive
7 Leadership Principles for Managing in the Time of Coronavirus: Leaders managing their organizations through crisis show seven distinctive capabilities. Patricia
icon
GoogleAmazonWikipedia
site of the day icon Site of the Day | Archive
Routeshuffle
Generate random routes for running, walking or biking instantly. Enter your starting location and the number of miles or kilometers you want your route to be.


spacerspacer

 

 BUSINESS/FINANCE NEWS
Setup News Ticker
   BUSINESS/FINANCE NEWS
Yahoo BusinessMar 30, 2020
U.S. Futures Fall in Volatile Session Amid Coronavirus Concerns
(Bloomberg) -- U.S. stock index futures erased earlier gains and dropped again in a volatile session as concerns over the coronavirus keep mounting.Contacts on the S&P 500 expiring in June were down 0.5% as of 9:30 a.m. in London. They rose as much as 1.7% earlier after China's rate cut on seven-day reverse repurchase agreements. As part of the stimulus, the People's Bank of China injected 50 billion yuan ($7.1 billion) into the banking system.In the U.S., a top infectious disease expert said deaths from coronavirus may reach 200,000, while President Donald Trump abandoned his ambition to return American to normal life by Easter. Total cases in the world topped 723,000 and 34,000 dead.In Europe, the Stoxx 600 Index tumbled 1.7% as oil prices collapsed an a number of banks postponed their dividends.Dramatic swings have been the rule in global markets for five weeks as investors tried to price in an outbreak that has shut down economies, put millions out of work and made it all but certain corporate earnings will drop. The S&P 500 is trading at just under 17 times combined profits in the last year, down from 22 times last month."We have to get used to the fact that we will have some high volatility and we will have multiple retests of lows before we find one," said Ed Campbell, portfolio manager and managing director at QMA. "We're pricing in a recession. That doesn't mean there isn't more downside from here. Bottoming is a process."Whether valuations account for the prospect of a global recession

RELATED ARTICLES
Drop in China's new coronavirus cases; none in Wuhan for sixth day - Reuters (Google Business News)

MarketWatch MarketPulseMar 30, 2020
Crude futures slump 4% after oil briefly fell below $20
Crude-oil futures slumped over 4% in electronic trade, having briefly fallen below $20 a barrel. "From a technical point of view, the price is now dancing between the significant figure of $20 and the support at $20.50, which is the bottom reached in the last few weeks. A clear fall below $20 would open space for further declines amid this massively bearish trend," said Carlo Alberto De Casa, chief analyst at ActivTrades.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



RELATED ARTICLES
Stock futures open lower as Trump extends coronavirus social distancing measures to April 30 - Daily Mail (Google Business News)

NYTimes BusinessMar 30, 2020
Stock Markets Signal Lingering Unease: Live Updates
Live updates on stock market and business news during the coronavirus outbreak.

Forbes HeadlinesMar 30, 2020
I Spent A Day In The Feeding Frenzy Of N95 Mask Sellers And Buyers During The Coronavirus Pandemic: This Is What I Learned
For a day I watched the psychology of market pressures play out in an ultra-fast game of finding and selling masks in a pandemic-driven market.

Yahoo BusinessMar 30, 2020
Stocks Decline; Dollar Snaps Four-Day Retreat: Markets Wrap
(Bloomberg) -- Stocks declined on Monday and U.S. equity futures slipped after a bounce in risk assets last week was buried by three days of negative news on the coronavirus. The dollar rebounded and Treasuries turned higher, while oil fell.Drops in banking and energy shares pulled the Stoxx Europe 600 Index lower as crude slumped again, falling briefly below $20 a barrel in New York. Contracts on the S&P 500 Index fluctuated before edging down. While they've yet to hit their trading curbs as they have for the past four Mondays, headlines have been unsupportive. President Donald Trump abruptly abandoned his ambition to return life to normal in the U.S. by Easter, EasyJet Plc grounded its entire fleet and European officials warned against loosening lockdowns after the outbreak killed more than 3,000 in Spain and Italy over the weekend.Most Asian equity benchmarks fell. Australian shares were the notable exception, surging by a record thanks to new stimulus measures. The dollar was on course to snap a four-session, strengthening versus the pound and euro. Treasuries advanced.Investors are beginning the week digesting the news that the world's biggest economy will stay crippled for longer after Trump heeded advice from the government's top doctors that re-opening the U.S. in two weeks risks greater death as the coronavirus outbreak accelerates. The president said in a news conference "social distancing" guidelines would remain until at least April 30 and that 100,000 may die."Markets are still in uncharted ter

Reuters Company NewsMar 30, 2020
UPDATE 6-Drop in China's new coronavirus cases; none in Wuhan for sixth day
* Central bank unexpectedly cuts interest rate on reverse repos

RELATED ARTICLES
CORRECTED-UPDATE 5-Drop in China's new coronavirus cases; none in Wuhan for sixth day (Reuters Company News)

Google Business NewsMar 30, 2020
European stocks edge lower after ECB calls for banks to halt dividends through October - MarketWatch
European stocks edge lower after ECB calls for banks to halt dividends through October  MarketWatchEuropean shares dip as virus fears intensify  The Irish TimesBig Dutch banks put dividends on hold as shareholders urge caution on payouts  DutchNews.nlEuropean banks skid as ECB asks lenders not to pay dividends  MarketWatchView Full Coverage on Google News

Forbes HeadlinesMar 30, 2020
Fintech During The Coronavirus Pandemic: Helping People With Mental Health Conditions Manage Money
How can people living with mental health conditions manage their money during this pandemic? It is clear that the coronavirus is affecting consumer behavior and spending habits, with 52 percent revealing that they will shop online more in the next two weeks as a result of COVID-19.

RELATED ARTICLES
RPT-EXPLAINER-Euro zone options for economic support amid coronavirus pandemic (Reuters Company News)

CNBC BusinessMar 30, 2020
Coronavirus live updates: Australia plans $80 billion more stimulus as global cases cross 700,000
There were at least 723,740 reported cases of COVID-19, the disease caused by the virus, and 34,018 deaths, according to Johns Hopkins University.

Reuters Company NewsMar 30, 2020
REFILE-GLOBAL MARKETS-Asia shares suffer virus chills, central banks offer cold comfort
* Nikkei leads rest of Asia lower, S&P and European futures rally

NPR Topics: BusinessMar 30, 2020
Instacart, Amazon Workers Plan To Strike Over Safety Concerns
Workers from Amazon and Instacart are planning to go on strike. They're asking their companies to do more to keep them safe during the coronavirus outbreak.

Reuters Company NewsMar 30, 2020
Indonesia president plans stricter rules on mobility, social distancing
Indonesian President Joko Widodo said on Monday he plans to impose stricter limits on mobility between regions and also to implement a large-scale policy of social distancing to help curb the spread of coronavirus.

Forbes HeadlinesMar 30, 2020
COVID-19 Economic Stimulus: Get Money To People Faster With Digital Dollars
Governments around the world would be advised to consider mobilizing the global crypto and digital assets sector now to deliver solutions to get money to people faster during this on-going crisis.

Yahoo BusinessMar 30, 2020
Goldman Sees U.S., Russian Oil Most Vulnerable to Demand Crash
(Bloomberg) -- Oil demand is getting hammered at a faster pace than anyone had predicted and landlocked crude production in the U.S., Russia and Canada is most vulnerable, according to Goldman Sachs Group Inc.Consumption will drop by 26 million barrels, or 25%, this week as social-distancing measures to contain the coronavirus now impact 92% of global GDP, analysts including Jeff Currie and Damien Courvalin said in a note. There's been at least 900,000 barrels a day of announced shut-ins at the wellhead, with the true number likely higher and growing by the hour, they said."The ultimate magnitude of these shut-ins, which is still unknown, will likely permanently alter the energy industry and its geopolitics," the analysts said. Landlocked crude prices are heading into negative territory and will eventually create an inflationary oil supply shock because so much production will have been halted, they said.See also: The Global Oil Market Is Broken, Drowning in Crude Nobody NeedsBrent crude will likely stay near cash costs of $20 a barrel with temporary downward spikes as waterborne varieties are better positioned compared with landlocked oil in the U.S., Canada and Russia that's sitting behind pipelines, Goldman said. Shut-ins will be not be based upon where wells sit on the cost curve but rather on logistics and access, it said.The current oil crisis will see the energy industry finally achieve the restructuring it so badly needs, although a push for de-carbonization from capital markets may hamper the broad

CNBC FinanceMar 30, 2020
Futures return to negative territory as investors brace for another volatile week
Futures traded lower early Monday following sharp gains last week while the number of coronavirus cases in the U.S. keeps rising at an alarming rate.

NPR Topics: BusinessMar 30, 2020
Musical Duo's Bookings Disappear During COVID-19 Pandemic
A couple in the San Francisco Bay area, who are musicians and music educators, rely on bookings at schools and libraries, which are now closed by coronavirus distancing measures.

Reuters Company NewsMar 30, 2020
Japan's ruling party calls for $556 billion stimulus package - Kyodo
Japan's ruling Liberal Democratic Party (LDP) proposed on Monday compiling a stimulus package worth 60 trillion yen ($556 billion) to mitigate the hit to the economy from the coronavirus pandemic, Kyodo news agency reported.

RELATED ARTICLES
U.S. stimulus package is biggest ever, but may not be big enough - Reuters (Google Business News)

Reuters BusinessMar 30, 2020
Asia shares suffer virus chills, central banks offer cold comfort
Asian shares slipped on Monday and oil prices took another tumble as fears mounted that the global shutdown for the coronavirus could last for months, doing untold harm to economies despite central banks' best efforts.

RELATED ARTICLES
GLOBAL MARKETS-Asia shares suffer virus chills, central banks offer cold comfort (Reuters Company News)

USA Today MoneyMar 30, 2020
Tax questions answered: Here's how to navigate coronavirus confusion after the April 15 filing deadline is extended to July 15
Taxpayers still have a slew of questions after the federal income tax deadline shifted to July 15 from April 15 during the coronavirus pandemic.       

FT.com - USMar 30, 2020
Coronavirus latest: Daily diagnosed cases fall for first time in weeks
Fall in demand due to virus creates surplus that risks overwhelming storage capacity

MarketWatchMar 30, 2020
Europe Markets: European banks skid as ECB asks lenders not to pay dividends
European banks dropped on Monday to pace a broader market retreat after the chief regulator for the region recommended no dividend payments be made until the autumn.

MarketWatch Breaking NewsMar 30, 2020
European banks slip after ECB calls for dividend halt through October
European banks slip after ECB calls for dividend halt through October

Google Business NewsMar 30, 2020
Liberty University Brings Back Its Students, and Coronavirus Fears, Too - The New York Times
Liberty University Brings Back Its Students, and Coronavirus Fears, Too  The New York TimesEleven Liberty University students suspected have coronavirus after college president reopened  Daily MailLiberty University welcomed coronavirus to campus last week, the New York Times reported. That's 'false,' university says.  USA TODAYNearly a Dozen Liberty University Students Sick With Coronavirus Symptoms After Falwell Reopened Campus  The Daily Beast

Google Business NewsMar 30, 2020
America's terrible, growing coronavirus death toll makes Trump accept reality - CNN
America's terrible, growing coronavirus death toll makes Trump accept reality  CNNTrump: Coronavirus 'Peak Death Rate' To Hit In Two Weeks | NBC News  NBC NewsThe Latest: Trump approves disaster declaration for Oregon  The Mercury NewsThe right way forward on coronavirus  USA TODAYCoronavirus updates: U.S. deaths top 2,100

RELATED ARTICLES
Dispatches from a Pandemic: ‘We are now experiencing the aftershock': As Italy's death toll exceeds 10,000, Italians wait for the coronavirus surge to finally peak (MarketWatch)

CNBC BusinessMar 30, 2020
Oil demand could decline by 20 million barrels a day in April, says oil expert Dan Yergin
The oil market is facing a "double crisis" with a collapse in the OPEC alliance affecting supply and the slowdown in the world economy crushing demand, oil guru Dan Yergin said this week.

RELATED ARTICLES
Coronavirus triggers collapse in garment industry demand, putting jobs in Asia at risk (CNBC Business)

CNBC BusinessMar 30, 2020
European markets fall amid choppy session as coronavirus remains in focus; Stoxx 600 down 2.2%
European markets retreated Monday morning as the coronavirus pandemic remains in focus for investors.

Reuters Company NewsMar 30, 2020
UPDATE 2-ABB warns on profit after hit from coronavirus, low oil prices
* Sale of Power Grids to Hitachi on track for first half (Adds details, company comment)

Reuters Company NewsMar 30, 2020
UPDATE 2-China unexpectedly cuts reverse repo rate by most in 5 yrs to support virus-hit economy
* China cuts 7-day reverse repo by 20 bps, biggest in 5 years

Forbes HeadlinesMar 30, 2020
‘Living Room Concert For America' Brings Together Elton John, Lady Gaga And Ellen Degeneres, Raises Money Amid Coronavirus Pandemic
Hosted by Elton John, the "Living Room Concert For America" brought together a diverse array of artists and celebrities Sunday night to benefit Feeding America and the First Responders Childrens Foundation.

Yahoo BusinessMar 30, 2020
Airlines Raise More Than $17 Billion From Banks in Weeks
(Bloomberg) -- Airlines worldwide raised more than $17 billion in bank loans in March to shore up their finances amid the coronavirus outbreak.U.S. carriers were the most active, borrowing $12.5 billion, according to data compiled by Bloomberg. Delta Air Lines Inc. is the top borrower this month, obtaining $5.6 billion, followed by Singapore Airlines Ltd., which secured a S$4 billion ($2.8 billion) bridge loan, and United Airlines Holdings Inc., which raised $2.5 billion.The airlines have borrowed new loans or drawn down on existing credit lines that they typically didn't use before the health crisis. Companies in all industries globally have raised more than $230 billion from commercial banks since early March in response to the virus.Eleven other airlines, including British Airways Plc and Etihad Airways PJSC, have about $8 billion in combined revolving facilities that they may not yet have drawn, the data show.EasyJet Plc said Monday it's in "ongoing discussions with liquidity providers" as it grounded its entire fleet. The U.K. discount carrier has a $500 million revolver, according to data compiled by Bloomberg.The aviation industry is asking individual governments for state aid, including carriers based in Germany, Thailand, and the U.S.(Updates with EasyJet in fifth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.


CNBC BusinessMar 29, 2020
Coronavirus updates: Trump extends national social distancing guidelines through April 30, field hospital set up inside Central Park
As of Sunday, more than 691,867 cases of coronavirus have been reported globally, resulting in at least 32,988 deaths.

Google Business NewsMar 29, 2020
Instacart grocery delivery workers seek strike as jobs become riskier - New York Post
Instacart grocery delivery workers seek strike as jobs become riskier  New York Post View Full Coverage on Google News

Google Business NewsMar 29, 2020
6th patient since Friday dies from COVID-19 at East Alabama Medical Center - Alabama's News Leader
6th patient since Friday dies from COVID-19 at East Alabama Medical Center  Alabama's News LeaderEAMC reports 6th coronavirus-related death, ADPH confirms over 800 cases  WSFADeath toll from coronavirus rises in Auburn area, Alabama now has at least 10 deaths  AL.comBREAKING NEWS| 2nd Case Of COVID-19 Confirmed In Cherokee County  weisradio.com

FT.com - Financial MarketsMar 29, 2020
Asian stocks fall as oil prices drop to 18-year low
Crude tumbles after US warns that 200,000 people could die from coronavirus outbreak

Yahoo BusinessMar 29, 2020
A Global Consumer Default Wave Is Just Getting Started
(Bloomberg) -- Like millions of people around the world, Zhang Chunzi borrowed money she thought she'd be able to repay before the coronavirus changed everything.Now laid off from her job at an apparel exporter in Hangzhou -- one of China's most prosperous cities -- the 23-year-old is missing payments on 12,000 yuan ($1,700) of debt from her credit card and an online lending platform operated by Jack Ma's Ant Financial. "I'm late on all the bills and there's no way I can pay my debt in full," Zhang said.Her story is playing out in similar ways across China, where the virus outbreak has been taking lives and ravaging the economy for more than three months. As Covid-19 works its way through the rest of Asia, Europe and the Americas -- forcing countries into lockdown, driving up unemployment and pummeling small-business owners -- analysts say it's only a matter of time before defaults start spreading within the record $47 trillion pile of household debt globally.The early indicators from China aren't pretty. Overdue credit-card debt swelled last month by about 50% from a year earlier, according to executives at two banks who asked not to be named discussing internal figures. Qudian Inc., a Beijing-based online lender, said its delinquency ratio jumped to 20% in February from 13% at the end of last year. China Merchants Bank Co., one of the country's biggest providers of consumer credit, said this month that it "pressed the pause button" on its credit-card business after a "significant" increase in past-due loans. An es

Google Business NewsMar 29, 2020
DOJ probing stock transactions made by lawmakers ahead of coronavirus crisis: report | TheHill - The Hill
DOJ probing stock transactions made by lawmakers ahead of coronavirus crisis: report | TheHill  The HillExclusive: Justice Department reviews stock trades by lawmakers after coronavirus briefings  CNNJustice Department investigates lawmakers who dumped stock: CNN - Business Insider  Business InsiderDoJ reviews stock trades by lawmakers after coronavirus briefings: CNN  

RELATED ARTICLES
Social Media Reveals Even COVID-19 Crisis Fails To Bridge Political Divide (Forbes Headlines)

Google Business NewsMar 29, 2020
Mount Airy nursing home where one is dead in coronavirus outbreak rated ‘much below average' by Medicare - Baltimore Sun
Mount Airy nursing home where one is dead in coronavirus outbreak rated ‘much below average' by Medicare  Baltimore SunMaryland nursing home hit with 'tragic' coronavirus outbreak, as 66 test positive, 11 hospitalized, governor says  Fox NewsOne Dead In Nursing Home COVID-19 Outbreak  WBAL RadioParade celebrates Millersville girl's 6th birthday  WBAL TV Baltimore

Google Market NewsMar 29, 2020
With Profound Sadness, Jefferies Announces Death of Jefferies Group LLC CFO, Peg Broadbent - Business Wire
With Profound Sadness, Jefferies Announces Death of Jefferies Group LLC CFO, Peg Broadbent  Business WireJefferies Group CFO dies of coronavirus complications  CNNJefferies Group CFO Dies From Coronavirus Complications  BloombergJefferies Group CFO Peg Broadbent died from coronavirus complications - Business Insider  Business Insider

RELATED ARTICLES
UPDATE 1-South Africa announces tax relief for business hit by coronavirus (Reuters Company News)
South Africa's treasury announces tax relief for business hit by coronavirus (Reuters Company News)

Google Business NewsMar 29, 2020
Live Coronavirus News Coverage and Updates - The New York Times
Live Coronavirus News Coverage and Updates  The New York TimesThe Latest: New York state surpasses 1,000 deaths  The Mercury NewsCoronavirus live updates: Trump extends social distancing guidelines to April 30  ABC NewsTrump's quarantine con should be the breaking point  The Washington Post

Google Business NewsMar 29, 2020
"We never thought we would be in a position like this": Coronavirus outbreak hits Maryland nursing home - CBS News
"We never thought we would be in a position like this": Coronavirus outbreak hits Maryland nursing home  CBS NewsMaryland nursing home hit with 'tragic' coronavirus outbreak, as 66 test positive, 11 hospitalized, governor says  Fox NewsMaryland Gov. Hogan on the coronavirus: ‘In two weeks around Easter, we are going to be looking more like New  Baltimore SunParade celebrates Millersville girl's 6th birthday  

Google Market NewsMar 29, 2020
'This is not a reality TV show': Trump criticized for tweets on TV ratings as coronavirus death toll rises - USA TODAY
'This is not a reality TV show': Trump criticized for tweets on TV ratings as coronavirus death toll rises  USA TODAYTrump extends social distancing guidelines through April 30 as coronavirus outbreak escalates  CNBCHealth officials paint stark image of coronavirus' impact on the U.S.  CBS Evening NewsTrump ignores science at our peril | TheHill  The Hill

The Motley FoolMar 29, 2020
My Top Healthcare Stocks to Buy in the Market Crash
Profitable. Great revenue and earnings growth. Strong market potential. These stocks check off all the boxes.

RELATED ARTICLES
15 Stocks I Bought During the Coronavirus Crash (The Motley Fool)

AdWeek NewsMar 25, 2020
Which TV Shows Are Twitter Users Binge-Watching During the Coronavirus Crisis?
The combination of social distancing, the lack of live sports and the suspension of production on some television shows has led to binge-watching of other shows that have already been released. Twitter shared some data on what users have been watching and tweeting about over the past 10 days, saying that there were 2.25 times...
TRENDING TAGS
Coronaviruscases Trump Pandemic York dies
Trumpcoronavirus extends April social distancing
FuturesStock Coronavirus investors oil Fall
MarketStock coronavirus Stocks GLOBAL Oil
PandemicCoronavirus During amid these Money
Chinacoronavirus cases none sixth day
Stockcoronavirus Buy futures Market Markets
CasesCoronavirus live deaths China COVID-19
StocksBuy Oil coronavirus Drop Crash
AprilTrump extends social distancing coronavirus

NEWS SOURCES
Top News (Business News)
Accounting Today
AdWeek News
Banking Business Review
Barron's This Week Magazine
Barron's Up and Down Wall Street Daily
Brad Ideas
Chicago Tribune Business News
CNBC Business
CNBC Economy
CNBC Finance
CNN/Money
CNN/Money Real Estate News
Dismal.com: Analysis
Dismal.com: Indicators
Enterprise Application News
Entrepreneur.com
Forbes Headlines
Forbes Social Media News
FT.com - China, Economy & Trade
FT.com - Financial Markets
FT.com - Hedge Funds
FT.com - Telecoms
FT.com - US
Google Business News
Google Market News
HBS Working Knowledge
Inc.com
INSEAD Knowledge
International Tax Review
Kiplinger
Knowledge@Wharton
L.S. Starrett News
MarketWatch
MarketWatch Breaking News
MarketWatch MarketPulse
McKinsey Quarterly
MSNBC.com: Business
Nielsen Trends
NonProfit Times
NPR Topics: Business
NYTimes Business
OpinionJournal.com
Private Equity Breaking News
Reuters Business
Reuters Company News
Reuters Money
SEC.gov Updates: News Digest
SHRM HR News
Tax Policy News
The Economist International News
The Motley Fool
USA Today Money
Wall Street Journal US Business
Wall Street Transcript
Washington Post Business
WSJ Asia
WSJ Europe
WSJ MoneyBeat
WSJ Opinion
WSJ US News
WSJ World Markets
Yahoo Business
  • CEOExpress
  • 1 Boston Place | Suite 2600
    Boston MA 02108
  • 617 482 1200
    617 299 8649 (fax)
  • Contact
  • As an Amazon Associate
    CEOExpress earns from
    qualifying purchases.

©1999-2020 CEOExpress Company LLC