Speculative stocks Virgin Galactic, Tesla and Plug Power are cratering
Shares of Virgin Galactic and Tesla tanked on Thursday, reversing course after an especially strong period for the stocks.
Shares of Virgin Galactic and Tesla tanked on Thursday, reversing course after an especially strong period for the stocks.
BCSC | Release | Feb 27, 2020 Vancouver – The Canadian Securities Administrators (CSA) is seeking comment on proposed harmonized rules for start-up securities crowdfunding. Proposed National Instrument 45-110 Start-up Crowdfunding Registration and Prospectus Exemptions would replace and enhance the requirements currently in effect in British Columbia, Alberta, Saskatchewan, Manitoba, Québec, New Brunswick and Nova
Wall Street's main indexes tumbled on Thursday, putting them more than 10% below record highs set earlier this month and indicating that they then entered an intraday correction, as the rapid spread of the coronavirus globally deepened worries about growth and corporate earnings.
DoorDash Inc, the loss-making U.S. food delivery startup backed by SoftBank Group Corp , said on Thursday it has filed for an initial public offering (IPO), setting it up to be one of the most high-profile listings of 2020.
International grains trader and processor Cargill Inc has banned all non-essential travel for its employees for the next two weeks due to the coronavirus outbreak, company spokeswoman April Nelson told Reuters on Thursday.
Huawei will build its first European manufacturing plant in France, the chairman said on Thursday, as the Chinese telecom giant seeks to ease worldwide concerns stoked by U.S. charges that Beijing could use its equipment for spying.
Stocks across the globe and oil prices continued to tumble on Thursday and U.S. Treasury yields hit record lows as traders fretted over the economic impact of the spreading coronavirus.
Facebook Inc said on Thursday it would cancel its annual developer conference, F8 2020, amid rising concerns of the coronavirus outbreak.
Thyssenkrupp on Thursday said it agreed to sell its prized elevator division to a private equity consortium including Advent, Cinven and Germany's RAG foundation for 17.2 billion euros ($18.7 billion).
Chicago Federal Reserve Bank President Charles Evans on Thursday suggested that "extraordinary accommodation" and a period of elevated inflation will be integral to the U.S. central bank's approach to fighting the next severe economic downturn.
Chicago Federal Reserve Bank President Charles Evans said on Thursday it was too soon to say if the U.S. growth forecast would be lowered due to the coronavirus outbreak, and that the Fed was first looking for any declines in economic activity.
France's Vivendi has filed an appeal against a decision by a Milan judge to clear the way for a planned reorganization at Mediaset , Italy's biggest commercial broadcaster said on Thursday.
Stocks across the globe and oil prices continued to tumble on Thursday and U.S. Treasury yields hit record lows as traders fretted over the economic impact of the spreading coronavirus.
Johnson & Johnson and other drug companies facing thousands of lawsuits over their role in the opioid epidemic have warned that settlement talks will be "severely" jeopardized if plaintiffs' lawyers are allowed to assess a fee payment worth billions of dollars.
Thyssenkrupp has agreed to sell its elevators division to a consortium of Advent, Cinven [CINV.UL] and Germany's RAG foundation, three sources close to the matter told Reuters.