Warren Buffett: 'American magic' will overcome coronavirus
Warren Buffett says the accomplishments of the U.S. in 231 years -- just 46 years longer than the combined lifespans of himself and his longtime partner Charlie Munger -- are "beyond what anybody could have imagined."
Buffett's Berkshire Hathaway reports nearly $50B loss as investments drop
Berkshire Hathaway Inc. said it lost $49.7 billion, or $30,653 per Class A share, during the first quarter.
Stocks slump as coronavirus hits big tech, oil earnings
The month of May began on down note after the Dow and S&P 500 wrapped up their strongest months in 33 years.
Honeywell becomes latest aero supplier to pull 2020 outlook on weak demand
Honeywell withdrew its full-year outlook on weak demand Friday due to coronavirus lockdowns.
Chevron dividend 'safe and secure,' CEO promises
The oil giant entered the downturn with a strong balance sheet, CEO Michael Wirth told Maria Bartiromo.
Restaurant Brands' Popeyes sales surge; Tim Hortons misses estimates
Demand for Popeyes' chicken sandwich helped power sales, while COVID-19 stay-at-home orders dented breakfast sales at Tim Hortons.
Coronavirus ignites sales boom at Clorox
The Clorox Company reported strong sales across all four business segments.
Stock futures drop after Apple, Amazon warnings
The S&P and the Dow Jones Industrial Average wrapped their best months since 1987
Coronavirus cuts into Amazon profits despite sales gains
Amazon’s sales surged amid the coronavirus, but costs related to the pandemic ate away at the online retailer’s profits, the company told investors Thursday.
Stocks wrap best month since 1987 as coronavirus recovery continues
First-time unemployment filings totaled 3.84 million in the week ended April 25, adding to the previous total of more than 26 million in the six weeks since states adopted “stay-at-home” orders.
Blue Apron CEO banks on coronavirus cooking habits remaining post-quarantine
As restaurants across the country limit services to takeout and delivery, research shows that 54% of Americans say they’re cooking more, and 46 percent say they have baked more.
ConocoPhillips to sharply cut oil production as low prices hit earnings
The world's largest independent oil and gas producer plans to curtail output by a further 40,000 barrels per day in May and bring its total cuts to 460,000 barrels per day by June.
Coronavirus-related food stockpiling boosts Kraft Heinz
U.S. food producer Kraft Heinz Co reported higher-than-expected quarterly sales.
Marlboro cigarattes-maker abandons buybacks amid coronavirus
The company said it was withdrawing its earnings per share targets for 2020.
Comcast first-quarter broadband growth tops views, coronavirus hurts advertising
Comcast gained 477,000 broadband subscribers in the first quarter, and revenue grew 9.3 percent.
McDonald's profit sinks as coronavirus slams sales
The Chicago-based fast-food chain reported first-quarter profit fell 16 percent to $1.1 billion, or $1.47 a share, on revenue of $4.71 billion.
Twitter tops sales estimates, sees rebound from Asia's eased coronavirus rules
Twitter Inc on Thursday said that its ads sales had slightly rebounded in Asia after a plunge due to the coronavirus outbreak and that it had accelerated work on tools to attract key advertisers, becoming the latest tech company to report a lighter blow from the pandemic than forecast.
Coronavirus squashed Dunkin' first quarter US comparable-store sales
The doughnut and coffee chain withdrew its 2020 guidance and said it is suspending its quarterly dividend and share-buyback programs.
Facebook ad revenue stabilizes after coronavirus slows growth
CEO Mark Zuckerberg said Facebook has seen more engagement amid the pandemic.
Microsoft notes 'minimal' coronavirus impact as revenue tops expectations
The company said sales rose 15 percent to $35 billion in the third quarter, bolstered by strong results in its cloud-computing business.



















