Narrator: Jack Ma is China's richest man, with an estimated worth of $38 billion. The 55-year-old is the cofounder of the e-commerce giant Alibaba. It's China's biggest digital marketplace, responsible
New York (CNN Business) — It was a terrible week for the US stock market. The three major stock indexes posted their worst weekly percentage drops since the financial crisis, as coronavirus fears mount.
Apple CEO Tim Cook said today that factories in China that manufacture the company’s products are reopening as “China is getting the coronavirus under control.” The comments came from a preview of an interview
The old saying is that “when America sneezes, the world gets a cold,” but based on trading in global markets on Monday, maybe it should be re-stated as “when Italy gets coronavirus, the world’s big airlines
London (CNN Business) — A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here. Markets closed out last week on an anxious note.
Credit card giant Visa has granted its principal membership to a cryptocurrency company for the first time. Officially awarded to cryptocurrency exchange Coinbase in December, but not revealed to the until
Elon Musk’s Boring Company lands $48.7M contract for underground “people mover” in Las Vegas – TechCrunch
The Boring Company, Elon Musk’s tunneling and transportation startup, has landed a $48.7 million project to shuttle people in an underground Loop system around the Las Vegas Convention Center. The initial
In an earlier piece on the COVID-19 (Wuhan Coronavirus), I talked about how supply chain disruptions seemed to be occurring in slow-motion. A recent report from the Journal of Commerce warned of an imminent