At one point, Credit Suisse shares lost more than a quarter of their value, hitting a record low.
Nation and World
“We could be facing years, not months, of fewer home sales,” the CEO of Redfin said.
Dr. Miriam Adelson, the widow of the longtime Las Vegas Sands Corp. chairman and CEO, eulogized him as someone who was irreplaceable.
American Airlines is notifying about 25,000 workers that their jobs could be eliminated in October because of plunging demand for air travel, adding to the toll that the virus pandemic is taking on the airline industry.
The largest retailer in the nation will make it mandatory for customers to wear face coverings effective Monday.
T-Mobile became one of the country’s largest carriers, along with AT&T and Verizon, after buying rival Sprint.
Executives were upset about the newsletter’s coverage, so their employees set out to ruin the lives of the couple who ran the website.
Asian stock markets and U.S. futures fell Monday after the Federal Reserve slashed its key interest rate to shore up economic growth in the face of mounting global anti-virus controls that are shutting down business and travel.
Starbucks says it’s moving to a to-go model for all its stores in the U.S. and Canada for at least two weeks over concern about the new coronavirus.
China on Thursday threatened retaliation if Washington steps up its war over trade and technology by going ahead with planned Sept. 1 tariff hikes on additional Chinese imports.
Amazon’s Prime Day is coming with a wave of deals — and protests.
China’s economic growth sank to its lowest level in at least 26 years in the quarter ending in June, adding to pressure on Chinese leaders as they fight a tariff war with Washington.
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