Wall Street's major averages tumbled more than 1% on Friday as the spreading coronavirus outbreak along with sluggish U.S. economic data and a mixed batch of corporate earnings fueled concerns about global growth.
Concerns over how the spreading coronavirus outbreak will impact growth in the U.S. and abroad is hitting stocks and pushing investors into haven assets.
Another pivotal Republican announced opposition on Friday to calling witnesses in President Donald Trump's U.S. Senate impeachment trial, appearing to doom a bid by Democrats to permit testimony and paving the way for his expected acquittal.
Germany on Friday confirmed a seventh case of coronavirus, identifying the victim as a man who works at a company in Bavaria where five other workers had earlier tested positive.
U.S. President Donald Trump's task force on coronavirus will hold a public briefing on at 3:30 p.m. (2030 GMT), the White House said in a statement on Friday.
Boeing Co on Friday disclosed it was being investigated by the Securities and Exchange Commission over the 737 MAX accidents.
German car parts supplier Webasto said on Friday that two more of its employees have tested positive for the coronavirus, bringing the total to seven.
Airbus bribed public officials and hid the payments as part of a pattern of worldwide corruption, prosecutors said on Friday as the European planemaker agreed a record $4 billion settlement with France, Britain and the United States.
A future U.S.-UK trade agreement must incorporate strong provisions on worker rights, environmental protection, and enforcement to ensure bipartisan support, U.S. House Ways and Means Committee Chairman Richard Neal said on Friday.
The Trump administration on Friday declared a public health emergency over the coronavirus outbreak and said it would take the extraordinary step of barring entry to the United States of foreign nationals who have traveled to China.
Global equity markets posted their biggest weekly and monthly loss since August on Friday as growing concerns about the economic impact of the coronavirus outbreak in China sapped risk appetite and lifted the safe-haven Japanese yen and Swiss franc.
Germany on Friday confirmed a seventh case of coronavirus, identifying the victim as a man who works at a company in Bavaria where five other workers had earlier tested positive.
Wall Street's major averages tumbled more than 1.5% on Friday, sealing its worst week in six months, as the spreading coronavirus outbreak, coupled with sluggish U.S. economic data and a mixed batch of corporate earnings, fueled concerns about global growth.
Deere & Co. said on Friday it has temporarily closed its facilities in China because of the coronavirus outbreak until the company determines it appropriate to reopen.
Reuters) - Nearly 200 Americans evacuated from China and voluntarily confined to a California air base for 72 hours of coronavirus screenings were placed under a mandatory 14-day quarantine on Friday, as U.S. health officials intensified precautions against spread of the disease.