Stocks veered lower Friday, as the Dow industrials and S&P 500 moved to snap their three-day rebounds. $2.2 trillion in federal support for the coronavirus crisis, scheduled for a Friday morning vote in the U.S. House of Representatives, ran into a possib…
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Month: March 2020
Tesla email reveals two employees have tested positive for COVID-19
Two Tesla employees, who had been working at home for nearly two weeks, have tested positive for COVID-19, according to an internal email sent Thursday morning by the company’s head of environmental, health, and safety department and viewed by TechCrunch . T…
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The uncertain future for China’s electric car makers
Choosing an electric car was an easy decision for Shenzhen resident Han Zhu Han Zhu is on a mission to go green. The 29-year-old data analyst wants her next car to be electric. But her reasons for buying an electric vehicle are in part practical. In the sou…
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Spain Deaths Surge; Trump and Xi Vow to Cooperate: Virus Update
(Bloomberg) — Spain had its deadliest day of the outbreak so far, while European leaders struggled to agree on a strategy. U.S. President Donald Trump and Chinas Xi Jinping pledged to cooperate in the fight against the pandemic after weeks of rising tension…
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U.S. Stocks Revival Fakes Out with 1929-Esque Bull Trap Warning
The U.S. stock market is set to open with a 2% drop after a strong day of recovery on Thursday.Analysts believe the recent upsurge resembles the 1929 Great Depression bull trap.The number of coronavirus cases is still rapidly increas…
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