Coronavirus hits Wall Street"s bonus pool, layoffs on the table

The biggest U.S. airlines reached an agreement in principle with the federal government on financial assistance aimed at preventing layoffs in an industry hit hard by the coronavirus pandemic, people familiar with the matter said......»»

Rick Bowmer/ AP US jobless claims increased by 70,000 to 281,000 for the week ending Ma.....»»

Win McNam.....»»

Strategists debate how long it will take to contain the coronavirus outbreak as it hits the United States and roils markets......»»

The growing spread of the coronavirus last week sent the U.S. stock market to its steepest plunge since the 2008 financial crisis, and Greater Washington companies felt the pinch. The Dow suffered a 12.4% drop for the week, while S&P 500 decline.....»»

Wall Street set record-closing highs for the Dow, Nasdaq and S&P 500 as investors cheered signs that the worst of China's coronavirus scare could be behind us. Conway G. Gittens has the market action......»»

Wall Street's main indexes hit record highs on Wednesday on optimism that the coronavirus epidemic will be contained and as Bernie Sanders cemented his front-runner status in the race of the Democratic nomination......»»

U.S. stocks rose and the Nasdaq hit a record high on Monday, as a recent set of strong domestic economic data and largely upbeat fourth-quarter earnings tempered worries about the impact of the coronavirus outbreak on global growth......»»

Wall Street bonuses fell last year, though it's unlikely any of the lucky recipients complained, considering their average check was $153,700, according to data Tuesday from the state comptroller's... To view the full story, click the title link......»»

Fears of layoffs at Tesla had been building along with Wall Street's growing concerns. Smith Collection/Gad.....»»

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The battering to Wall Street banks from Archegos Capital Management topped $10 billion after UBS Group AG and Nomura Holdings Inc. reported fresh hits caused by the fund’s collapse......»»

Investors cheered Latham Group Inc.'s Wall Street debut, as in-ground residential swimming pool company's st.....»»

Many on Wall Street are pounding the table on the energy sector as a go-to trade and place to be for 2021. These five stocks offer aggressive investors a way to play the sector plus get some solid........»»

Average Wall Street Bonus Rises 10% To $184,000 Thanks To 2020 Recession The average Wall Street bonus rose b.....»»

The Oakland company's IPO makes it the third Bay Area company to go public in the online consignment marketplace......»»

Hopes that economies will regain ground lost since last year's first outbreaks of coronavirus thanks to COVID-19 vaccinations and huge amounts of government have helped support stocks......»»

U.S. equity futures are trading higher ahead of the Tuesday Wall Street session as optimism grows about President Biden's $1.9-trillion-dollar coronavirus relief package passing in the Democratic-controlled Congress......»»

New York state lawmakers on Friday moved to curtail management powers granted to Gov. Andrew Cuomo during the coronavirus pandemic, as he faced bipartisan rebuke over changes his administration made to a report on COVID-19 nursing home deaths......»»

A side effect of coronavirus stimulus? Bubbly markets, warned China's top banking regulator who said Beijing is trying to figure out how to mitigate those risks......»»