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June 11, 2020 in Indian Business News

Dow plunges 1861 points

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Business Posted Wall Street plummeted Thursday as investors reacted to renewed fears of a pandemic resurgence and digested dour economic forecasts from the U.S. Federal Reserve. Fred Katayama reports ...

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June 11, 2020 in Indian Business News

Amazon pauses police use of facial recognition

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Business Posted Amazon.com Inc on Wednesday said it was implementing a one-year moratorium on police use of its facial recognition software, reversing its long-time support of selling the technology ...

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June 9, 2020 in Indian Business News

Dow, S&P pull back, Nasdaq sets record

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Business Posted The S&P 500 and Dow fell Tuesday after recent strong gains, while the Nasdaq ended at an all-time high for a second straight day after briefly rising above the 10,000 mark for the ...

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June 8, 2020 in Indian Business News

Market’s next big move is likely down: Ball

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Business Posted SMH Group CEO George Ball sees the S&P 500 theoretically falling to as low as 2250. He tells Reuters' Fred Katayama corporate earnings next year will likely be much lower than Wal ...

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June 6, 2020 in Indian Business News

Facebook’s Zuckerberg to review content policies after backlash

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Business Posted Facebook CEO Mark Zuckerberg on Friday said he would consider changes to the policy that led the company to leave up controversial posts by President Donald Trump during recent demons ...

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June 6, 2020 in Indian Business News

Stocks surge on strong jobs report

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Business Posted Wall Street surged on Friday after a strikingly upbeat May jobs report unexpectedly provided the clearest evidence yet that the U.S. economy is headed for a quicker-than-anticipated r ...

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