Markets soar as Amazon shares hit record high

Markets soar as Amazon shares hit record high

Wall Street soared on Tuesday morning on optimistic news about coronavirus testing and stabilization of the outbreak in some states. The Dow Jones Industrial Average gained around 550 points by the end of the morning session, while the S&P 500 was up by 2.7 percent. The tech-heavy Nasdaq was higher by around 3.3 percent, boosted […]

SoftBank May Not Buy $3 Billion in WeWork Shares

SoftBank May Not Buy $3 Billion in WeWork Shares

SoftBank, the Japanese conglomerate, is threatening to withdraw an offer to acquire a much larger stake in WeWork, according to a person familiar with the matter. The surprise move comes as the coronavirus outbreak diminishes demand for the troubled company’s shared...
Consumers boost shares of coronavirus essentials

Consumers boost shares of coronavirus essentials

A consumer rush to prepare for the spread of the coronavirus is creating a small class of winners in the US stock market, as makers of soup, disinfectants and video games buck overall declines in share prices.Shares in the Campbell Soup Company have experienced their...