May 4, 2020
Stock futures opened slightly higher Monday evening after a choppy session during the regular trading day, as investors weighed a plethora of developments impacting the health, economic, corporate profitability and geopolitical implications of the coronavirus pandemic. June crude oil futures (CL=F) extended gains, after settling higher for a fourth straight session and above $20 per […]
May 4, 2020
The marathon performance of Berkshire Hathaway’s (BRK-A, BRK-B) Chairman and CEO Warren Buffett during the company’s annual shareholder meeting over the weekend drew accolades from one longtime Buffett watcher. “The single biggest takeaway from the meeting for me was,...
May 4, 2020
Shake Shack (SHAK) first-quarter earnings beat expectations, but sales fell short of estimates. Shares fell 1.5% in after-hours trading following the results. Here were the main numbers for Shake Shack’s first quarter, compared to Bloomberg-compiled estimates:...
May 4, 2020
Relaxing business closures and stay-at-home rules could cost 13,000 lives in Texas and 12,000 lives in Georgia by September 1. But it will also preserve $3.4 billion in statewide income in Texas, and $1.7 billion in Georgia. New York’s tougher restrictions will save...
May 4, 2020
Amazon (AMZN) vice president and engineer Tim Bray announced on Monday that he had resigned over the company’s firing of workers who’ve spoken out about coronavirus fears — among them former warehouse worker Chris Smalls, who has helped organized a series of strikes...
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