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Stimulus will boost value stocks: advisor

Value stocks have long underperformed growth stocks, but Mercadien Asset Management's Ken Kamen tells Reuters' Fred Katayama it's time to consider buying hard hit financial and energy stocks......»»

Category: videoSource: REUTERSMay 15th, 2020Related News

Employers wary of "immunity" tests for workers

U.S. employers have cooled to the idea of testing workers for possible immunity to the coronavirus as they prepare to reopen factories and other workplaces......»»

Category: videoSource: REUTERSMay 15th, 2020Related News

For one CA business, coronavirus both a boost and burden

A California produce packaging supplier is experiencing the boom and burden of the novel coronavirus,with a huge increase in sales as well as expenses to keep the workplace safe. Jillian Kitchener has more......»»

Category: videoSource: REUTERSMay 15th, 2020Related News

U.S. moves to cut off Huawei from chip suppliers

The Trump administration moved Friday to block shipments of semiconductors to Huawei Technologies from global chipmakers. As Fred Katayama reports, the action is sure to ramp up tensions with China......»»

Category: videoSource: REUTERSMay 15th, 2020Related News

Fitness equipment sellers shift to home gyms

As coronavirus stay-at-home orders have shut gyms, their customers are turning to home workouts to keep in shape during the pandemic......»»

Category: videoSource: REUTERSMay 15th, 2020Related News

Retail sales drop record 16.4% in April

U.S. retail.....»»

Category: videoSource: REUTERSMay 15th, 2020Related News

Cartier-maker Richemont gloomy about next three years

Cartier maker Richemont reported a 67% fall in annual profit on Friday and said the impact of the coronavirus could last up to three years despite signs of recovery in China. Ciara Lee reports.....»»

Category: videoSource: REUTERSMay 15th, 2020Related News

As euro zone growth plunges, Germany looks least awful

Germany seems to be weathering the economic storm better than most of the euro zone, but GDP figures everywhere in the region make grim reading. Julian Satterthwaite reports......»»

Category: videoSource: REUTERSMay 15th, 2020Related News

Taiwan"s TSMC to build Arizona chip plant

Taiwa.....»»

Category: videoSource: REUTERSMay 15th, 2020Related News

Chinese factories fire up again, but shoppers stay home

Chinese industrial production rose in April, marking its first gain this year. But the service sector remains a worry, with shoppers choosing to stay home. Julian Satterthwaite reports......»»

Category: videoSource: REUTERSMay 15th, 2020Related News

Cathay Pacific loses money, flags "very bleak" outlook

Cathay Pacific Airways said on Friday it made an unaudited loss of HK$4.5 billion ($580.53 million) at its full-service airlines during January-April and flagged a "very bleak" outlook......»»

Category: videoSource: REUTERSMay 15th, 2020Related News

The Dow snaps losing streak; NYSE to re-open

Stocks ended a volatile session firmly in the green and the iconic New York Stock Exchange announced it plans to reopen immediately after the Memorial Day holiday. Conway G. Gittens has the details......»»

Category: videoSource: REUTERSMay 14th, 2020Related News

Market adopts cautious stance: strategist

National Securities' Art Hogan says investors have become cautious following a strong market rebound. He says the S&P 500 is currently a bit overvalued......»»

Category: videoSource: REUTERSMay 14th, 2020Related News

Uber, Grubhub deal talks fan fears over fees

The possibility that Uber Technologies could acquire Grubhub is reigniting some restaurants' worries over the commissions charged by the third-party delivery companies. Fred Katayama reports......»»

Category: videoSource: REUTERSMay 14th, 2020Related News

Delta wrestles with too many pilots, too many planes

Delta Air Lines expects to have 7,000 more pilots than it needs in the fall as the coronavirus pandemic weighs on its operations, according to a memo to flight operations employees seen by Reuters. Conway G. Gittens has the details......»»

Category: videoSource: REUTERSMay 14th, 2020Related News

France unveils 18 bln euro boost for tourism sector

With 95% of its hotels shut, France has unveiled an 18 billion euro boost for its tourism sector, including continued support for furloughed workers. Julian Satterthwaite reports......»»

Category: videoSource: REUTERSMay 14th, 2020Related News

France says equal access to any Sanofi virus vaccine is non-negotiable

France on Thursday said equal access to any coronavirus vaccine developed by Sanofi was non-negotiable and that no country such as the United States should have priority for financial reasons. Ciara Lee reports.....»»

Category: videoSource: REUTERSMay 14th, 2020Related News

Nearly 3 million file weekly jobless claims, above estimates

Almost 3 million workers in the U.S. filed for state unemployment benefits last week. That marked the sixth straight weekly decline, But as Fred Katayama reports, claims remain astoundingly high......»»

Category: videoSource: REUTERSMay 14th, 2020Related News

Stocks drop as virus recovery looks distant

Stock markets fell and bonds were in demand on Thursday as worries grew about a second wave of coronavirus infections......»»

Category: videoSource: REUTERSMay 14th, 2020Related News

Temperature checks, masks the new normal for air travel

As temperature checks and face masks become the new normal for airports around the world, Dubai Airport CEO Paul Griffiths warns that the new distancing measures may have a long-lasting impact on air travel -- and potentially even its prices......»»

Category: videoSource: REUTERSMay 14th, 2020Related News