What's News: Business & Finance -- WSJ
2020年3月5日 - 5:02PM
Dow Jones News
This article is being republished as part of our daily
reproduction of WSJ.com articles that also appeared in the U.S.
print edition of The Wall Street Journal (March 5, 2020).
U.S. stocks surged as a strong Super Tuesday performance by
Biden and growing signs of a coordinated response to the
coronavirus reassured investors. The Dow, S&P 500 and Nasdaq
rose 4.5%, 4.2% and 3.8% respectively.
France's highest appeals court ruled that a former Uber driver
should be recognized as an employee rather than as an independent
contractor.
ViacomCBS is looking to sell Simon & Schuster, a deal that
would provide it with more cash to spend on video-streaming
efforts.
The Fed's rate cut puts the ECB under pressure to act as the
eurozone's already lethargic economy creaks amid the coronavirus
epidemic.
A sharp economic slowdown in China caused by the coronavirus's
spread is putting new pressure on the country's labor market.
Another Carnival cruise ship became embroiled in an outbreak of
Covid-19 and was ordered to return to port.
United Airlines said it would cut domestic flights as the
spreading coronavirus depresses bookings.
The Fed retooled capital rules for the largest U.S. banks, in a
change to the postcrisis rulebook.
GM executives detailed their electric-vehicle strategy,
including plans for new battery technology.
Sanofi said the price it received for its drugs fell on average
just over 11% in 2019, including rebates it pays insurers and
PBMs.
(END) Dow Jones Newswires
March 05, 2020 02:47 ET (07:47 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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