Pandemic fears grip Wall Street, Dow dives 800 points
(Reuters) – The Dow Jones Industrials fell more than 800 points and the S&P 500 as well as the Nasdaq hit three-week lows on Monday as a surge in coronavirus…
Exclusive: U.S. sees no material impact from virus on U.S.-China trade deal – for now
RIYADH (Reuters) – U.S. Treasury Secretary Steven Mnuchin told Reuters he does not expect the coronavirus outbreak to have a material impact on the Phase 1 U.S.-China trade deal, although…
Futures plummet as investors dump stocks on fears of pandemic
(Reuters) – U.S. stock index futures tumbled on Monday as investors scurried to perceived safe-haven assets after a surge in coronavirus cases outside China stoked fears of a bigger impact…
U.S. mulls cutting Huawei off from global chip suppliers, with TSMC in crosshairs
WASHINGTON (Reuters) – The Trump administration is considering changing U.S. regulations to allow it to block shipments of chips to Huawei Technologies from companies such as Taiwan’s TSMC (2330.TW), the…
U.S. expands use of coronavirus diagnostic test
(Reuters) – The U.S. Food and Drug Administration on Tuesday granted emergency use approval for state public health laboratories to start testing for the new flu-like coronavirus from China using…
Former executive of Taro Pharmaceutical indicted in U.S. for price-fixing
WASHINGTON (Reuters) – A former sales and marketing executive of Taro Pharmaceutical Industries Ltd, Ara Aprahamian, has been indicted for price-fixing and bid-rigging, among other charges. The Justice Department said…
U.S. declares coronavirus health emergency, bars foreign nationals who visited China
WASHINGTON Reuters) – The Trump administration, while insisting the risk to Americans from coronavirus is low, nevertheless declared a public health emergency on Friday and announced the extraordinary step of…
Earnings volatility set to kick in as coronavirus worries mount
NEW YORK (Reuters) – Concerns over the outbreak of coronavirus from China have largely overshadowed corporate results, but the back half of the earnings season could hold greater sway over…
U.S. Supreme Court lets Flint, Michigan residents sue over water contamination
WASHINGTON (Reuters) – The U.S. Supreme Court on Tuesday let residents of Flint, Michigan pursue a civil rights lawsuit against the city and government officials that accused them of knowingly…
U.S. Supreme Court declines to fast-track Obamacare appeal
FILE PHOTO: The U.S. Supreme Court in Washington, D.C., U.S., June 17, 2019. REUTERS/Leah Millis/File Photo WASHINGTON (Reuters) – The U.S. Supreme Court on Tuesday rejected a bid by the…