US Markets

Stock futures lower amid virus worries

U.S. equity futures are pointing to a lower open Tuesday as hours before the opening bell, the Dow, S&P 500 and tech-heavy Nasdaq were down as surging coronavirus infections in the U.S. and other countries tempered investor optimism about the development of possible vaccines.

Kodak cleared after federal loan probe, stock soars

Eastman Kodak Co. shares surged 69% Monday morning after a federal agency cleared the company of wrongdoing related to a $765 million loan that aided its pivot into drug-ingredient manufacturing.

Costco logs more than $42B in quarterly sales

Costco Wholesale Corp. on Wednesday reported $42.35 billion in sales for the first quarter, reflecting heightened consumer demand for the chain's food products and other merchandise as the coronavirus continued to spread this fall.

Cloud wars heat up as Salesforce zeros in on Slack

The battle for control of the cloud-based communication, increasingly critical as more Americans work remotely, is heating up amid reports Salesforce.com is in advanced talks to buy workspace messaging platform Slack Technologies.

Dow slides back below 30,000

U.S. equity markets opened little changed Wednesday after a mixed batch economic data dropped the Dow back below 30,000.