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Xilinx forecasts current-quarter revenue below estimates
Xilinx Inc on Wednesday forecast first-quarter revenue below estimates and refrained from providing an annual outlook, citing the uncertainty caused by the coronavirus outbreak......»»
Oil prices hit 1990s low as coronavirus outbreak sinks demand
Oil prices slumped again on Wednesday, with Brent falling to the lowest since 1999, as the market struggled with a massive crude glut amid a collapse in demand for everything from gasoline to jet fuel caused by the coronavirus outbreak......»»
Oil prices tumble on demand collapse, Brent at 1999 lows
Oil prices slumped again on Wednesday, with Brent falling to the lowest since 1999, as the market struggled with a massive crude glut amid a collapse in demand for everything from gasoline to jet fuel caused by the coronavirus outbreak......»»
China’s coal miners call for 10% production cut amid supply glut
A dozen Chinese anthracite coal miners have called on the industry to slash production by 10% from current levels amid weak demand caused by the coronavirus outbreak......»»
U.S. leading indicator points to deep economic slump
A gauge of future U.S. economic activity suffered a record decline in March, suggesting the economy could struggle to pull out of a deep slump caused by the novel coronavirus outbreak......»»
Alphabet"s CEO says the coronavirus has "absolutely" caused a mental-health crisis. Here are 5 calming podcasts you should follow if you"re feeling anxious over the pandemic.
Getty Images The global outbreak of the novel coronavirus, which causes a disease known as COVID-19, is causing pan.....»»
U.S. weekly jobless claims top 5.2 million
A record 22 million Americans have sought unemployment benefits over the past month, with millions more filing claims last week, underscoring the deepening economic slump caused by the novel coronavirus outbreak. Yahaira Jacquez reports......»»
U.S. weekly jobless claims highlight economic carnage from coronavirus
A record 22 million Americans have sought unemployment benefits over the past month, with millions more filing claims last week, underscoring the deepening economic slump caused by the novel coronavirus outbreak......»»
BlackRock"s assets under management shrink amid market turmoil
BlackRock Inc's assets under management dipped sharply in the first quarter amid turmoil in global markets caused by concerns about the economic fallout of the coronavirus outbreak......»»
VW ditches outlook after COVID-19 hammers first-quarter profit
Germany's Volkswagen Group withdrew its outlook for 2020 on Thursday due to uncertainty related to the new coronavirus outbreak which caused operating profit to drop 81% in the first quarter......»»
U.S. weekly jobless claims top 5.2 million, bringing virus-related total to 22 million
Another 5.2 million more Americans sought unemployment benefits last week, lifting total filings for claims over the past month above an astounding 20 million, which would underscore the deepening economic slump caused by the novel coronavirus outbreak......»»
U.S. weekly jobless claims top 5.2 million in latest week
Another 5.2 million more Americans sought unemployment benefits last week, lifting total filings for claims over the past month above an astounding 20 million, which would underscore the deepening economic slump caused by the novel coronavirus outbreak......»»
Volkswagen withdraws outlook after first-quarter operating profit drops 81%
Volkswagen Group on Thursday withdrew its outlook for 2020 amid uncertainty related to the coronavirus outbreak which caused operating profit to drop 81% in the first quarter......»»
Dollar extends gains as U.S. retail slump sparks flight to safety
A flight to safety bid pushed the dollar higher against its peers on Thursday after dire retail and factory data showed the severity of the collapse in U.S. economic activity caused by the novel coronavirus outbreak......»»
U.S. weekly jobless claims seen underscoring deepening economic slump
Millions more Americans likely sought unemployment benefits last week, lifting total filings for claims over the past month above an astounding 20 million, which would underscore the deepening economic slump caused by the novel coronavirus outbreak......»»
Smithfield Foods shuts U.S. bacon, ham plants as coronavirus hits meat sector
Smithfield Foods Inc, the world's largest pork processor, said on Wednesday it would shutter two U.S. plants that process bacon and ham, after closing a separate hog slaughterhouse because of an outbreak of the coronavirus among employees......»»
No, eyeglasses won’t protect you from coronavirus (and contacts won’t either)
As long as you aren’t sick, you can wear either glasses or contact lenses during the coronavirus outbreak — but don’t forget to clean both regularly......»»
News Corp sees hit to ad revenue from coronavirus pandemic
Rupert Murdoch's News Corp said on Monday its newspaper advertising revenue would take a hit from widespread business closures caused by the coronavirus outbreak, although paid digital subscriptions for the Wall Street Journal are rising......»»
Amazon stops accepting new online grocery customers amid surging demand
Amazon will begin to put new grocery delivery customers on a wait list and curtail shopping hours at some Whole Foods stores to prioritize orders from existing customers buying food online during the coronavirus outbreak, the company said on Sunday......»»
Trump"s tariffs on China could cost the US in its fight against the coronavirus
The Trump administration's tariffs on imported medical equipment, particularly from China, have added to the struggle in the U.S.'s fight against the coronavirus outbreak......»»