Stock futures plunge after Fed takes emergency action

U.S. stock futures fell sharply after the Federal Reserve slashed interest rates and more companies and governments took action over the weekend to shut down European and American society in the face of the growing virus outbreak.

California governor calls for closure of all bars and wineries

California Governor Gavin Newsom has called for the temporary closure of all bars and wineries throughout the state. As well as suggested home isolation of everyone 65 and older due to the coronavirus.

Bill Gates steps down from Microsoft, Berkshire Hathaway boards

Gates also stepped down from the board of Warren Buffett’s Berkshire Hathaway Inc, where he has served since 2004.

Mass crowds rush to local stores to stockpile goods amid coronavirus concerns

President Trump's address to the nation Wednesday about U.S. efforts to control the coronavirus spread was supposed to calm the public. Instead, crowds rushed to local stores looking to stockpile thinks like soup, paper towels, and toilet paper. 

Dow drops 7.8% as free-fall in oil, virus fears slam markets

The Dow Jones Industrial Average sank 7.8%, its steepest drop since the financial crisis of 2008, as a free-fall in oil prices and worsening fears of fallout from the spreading coronavirus outbreak seize markets.

Former General Electric CEO Jack Welch dies at 84

Jack Welch led General Electric Co. through two decades of unparalleled growth and transformation, with a brash style that single-handedly remade the conglomerate and changed the landscape of American corporations. He died Sunday at age 84.

Dunkin’ rolls out Snackin’ Bacon nationwide

Dunkin's new "Snackin' Bacon" comes with eight half-slices of bacon, glazed with sweet black pepper seasoning and served in a french fry sleeve.

Coronavirus could affect Coca-Cola's supply of artificial sweetener

Coca-Cola recently announced that, while they have contingency plans in place, the situation may impact their long-term supplies of artificial sweeteners.

Delta reduces flights to Korea as virus outbreak spreads

Delta Air Lines is sharply cutting back on flights between the U.S. and Seoul, South Korea due to the coronavirus outbreak.

Microsoft says virus hurting supply chain more than expected

In particular, Microsoft said revenue from Windows licenses and its Surface devices “are more negatively impacted than previously anticipated.”

Costco seeks court help in controlling signature solicitors

In response to individuals soliciting signatures at the front entrance of its Marina del Rey, Costco is asking a Los Angeles judge to find that its policy banning the use of its property for public expression is lawful.  

Krispy Kreme to deliver doughnuts from almost all locations starting Feb. 29

Krispy Kreme will begin nationwide delivery services on Feb. 29, and to commemorate Leap Day, the doughnut company will surprise hospital staff and parents with goodies for any Leap Babies.