Avie Schneider
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Stock indexes rose nearly 5% after the market's worst day since 2008. The jump followed President Trump's call for a payroll tax cut and other steps to help the economy amid the coronavirus epidemic.
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Trading on the New York Stock Exchange was halted briefly Monday morning when the S&P 500 index fell 7%. Here's how these automatic circuit breakers work.
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Stock indexes tumbled so fast Monday that marketwide trading was halted temporarily for the first time since October 1997. The Dow Jones Industrial Average fell 2,013 points, or nearly 8%.
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Oil prices dropped as much as 30% following the unexpected Saudi decision to cut prices and boost production. The move reflects the uncertainty surrounding the coronavirus and its economic effects.
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Welch, dubbed "manager of the century" in 1999 by Fortune magazine, grew GE into an industrial powerhouse. During his reign, the company's market value skyrocketed to $410 billion from $12 billion.
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The company, which operates 30 newsrooms in 14 states, announced a Chapter 11 restructuring. Saddled with debt and pension obligations, McClatchy said it will operate as normal during the process.
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Iowa Democratic Party officials said a new smartphone app designed to speed the results actually ended up delaying them. Last month, NPR reported on security and other concerns with the app.
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U.N. human rights experts said they were gravely concerned by reports that a WhatsApp account held by Saudi Crown Prince Mohammed bin Salman was used to hack The Washington Post owner's phone.
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Ending an era at the Internet's biggest search company, Google co-founders Sergey Brin and Larry Page end their leadership roles. Sundar Pichai will become CEO of Google and its parent, Alphabet.
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CEO Jack Dorsey announced that Twitter will stop running political ads, citing online ads' "significant risks to politics." Facebook has been criticized for allowing deceptive political ads.