Stock price movements

FILE - In this Monday, April 27, 2020. file photo, Volkswagen CEO Herbert Diess wears a face mask as he attends the restart of the production at the VW headquarters plant in Wolfsburg, Germany. Volkswagen is gradually launch the production at important plants after the corona lockdown. (Swen Pfoertner/dpa via AP)
May 20, 2020 - 3:37 am

Securities Case Ended Against Volkswagen Ceo, Board Chairman

FRANKFURT, Germany (AP) — Volkswagen said charges of securities-law violations against its CEO and board chairman are to be dropped in return for a 9 million-euro ($10 million) payment, removing a potential distraction for the company's management team as it copes with the virus crisis and oversees...
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A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, May 1, 2020. Shares have dropped in Asia after Wall Street ended its best month in 33 years with losses on fresh news of economic carnage from the coronavirus pandemic. (AP Photo/Eugene Hoshiko)
May 01, 2020 - 12:44 pm

Wall Street Pulls Back After Companies Detail Virus Fallout

Stocks headed broadly lower on Wall Street Friday after Amazon and other big companies reported disappointing results, the latest evidence of how the coronavirus pandemic is hobbling the economy and hurting corporate earnings. A day after closing out its best month since 1987, the S&P 500 was...
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Exterior photo of the MGM Grand Hotel/Casino June 30, 2005 in Las Vegas, Nevada
Ethan Miller/Getty Images
Associated Press
May 01, 2020 - 5:23 am

MGM Earnings Plummet In 1st Quarter

MGM Resorts International (MGM) on Thursday reported first-quarter earnings of $806.9 million.
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FILE - In this Feb. 22, 2018, file photo Airbnb co-founder and CEO Brian Chesky speaks during an event in San Francisco. Just as the coronavirus outbreak has boxed in society, it’s also squeezed high-flying tech companies reliant on people’s freedom to move around and get together. Airbnb, which just weeks ago was planning for a bombshell initial public offering, is reportedly shedding millions of dollars and facing harsh blowback from hosts who relied on its platform for income. (AP Photo/Eric Risberg, File)
April 09, 2020 - 10:08 am

Virus Outbreak Delivers Tech Darlings A Harsh Reality Check

Just as the coronavirus outbreak has boxed in society, it’s also squeezed high-flying tech companies reliant on people’s freedom to move around and get together. Since the beginning of March, for instance, Uber shares have lost a quarter of their value. Rival Lyft is down 28 percent. Over the same...
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Sen. Kelly Loeffler, R-Ga., waits to speak during a television interview on Capitol Hill in Washington, Friday, March 20, 2020. (AP Photo/Susan Walsh)
April 08, 2020 - 2:05 pm

Sen. Loeffler To Sell Stock Holdings After Trading Scrutiny

WASHINGTON (AP) — Republican Sen. Kelly Loeffler of Georgia said Wednesday that she will liquidate her stock portfolio and move the money to investment funds after coming under scrutiny for transactions she and her husband made just before the coronavirus sent markets reeling. Loeffler and her...
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FILE - This Wednesday, March 18, 2020, file photo, shows a Tesla charging station for automobiles in Port Huron, Mich. Tesla's sales of its increasingly popular electric cars got off to a fast start in the year, even though the company had to slam the brakes along with other major automakers in March 2020 because of worldwide efforts to contain the worst pandemic in a century. (AP Photo/Paul Sancya, File)
April 02, 2020 - 4:51 pm

Tesla's 1Q Car Sales Surged Before Pandemic Shut Things Down

BERKELEY, Calif. (AP) — Tesla's sales of its increasingly popular electric cars got off to fast start this year, even though the company had to slam the brakes along with other major automakers last month because of worldwide efforts to contain the worst pandemic in a century. The Palo Alto,...
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FILE - This Oct. 15, 2019, file photo shows a WeWork logo at the entrance to one of their office spaces in the SoHo neighborhood of New York. Japanese technology company SoftBank Group Corp. ended on Thursday, April 2, 2020, its tender offer of up to $3 billion worth of shares in office-space rental venture WeWork. (AP Photo/Mary Altaffer, File)
April 02, 2020 - 12:38 am

Japan's Softbank Ends Wework Tender, Remains Behind Bailout

TOKYO (AP) — Japanese technology company SoftBank Group Corp. called off its offering of up to $3 billion worth of shares in office-space rental venture WeWork, though it remains committed to its $5 billion bailout of the financially troubled company. The main loser in the offer's failure is WeWork...
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March 25, 2020 - 1:16 pm

Pg&e's Falling Stock Price Worries Fire Victims Eyeing Deal

BERKELEY, Calif. (AP) — The stock market turmoil triggered by the coronavirus pandemic is raising worries that Pacific Gas & Electric's $13.5 billion settlement with victims of catastrophic wildfires may be worth far less by the time the beleaguered company emerges from bankruptcy. A lawyer who...
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A sign notifying the availability of pasta in the wake of the coronavirus outbreak, outside Warwick Way Food & Wine in Victoria, London, Thursday March 19, 2020. For most people, the new coronavirus causes only mild or moderate symptoms. For some it can cause more severe illness. (Yui Mok/PA via AP)
Associated Press
March 19, 2020 - 2:31 pm

Central Banks Deploy Trillions To Keep Economy Running

It was less than 11 weeks ago that the first cases of pneumonia were detected in Wuhan, China. The speed at which what would soon be named COVID-19, the disease caused by the new coronavirus, knocked the global economy askew is unparalleled in our lifetimes. Following are developments Thursday...
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Traders at the New York Stock Exchange work as the market closes, Wednesday, March 18, 2020 in New York. (AP Photo/Mark Lennihan)
March 18, 2020 - 7:20 pm

The Latest: Asian Shares Log Early Losses, Tokyo Down 0.8%

NEW YORK (AP) — The Latest on action in the financial markets (all times local): 10:20 p.m. Shares in Asia have fallen, with Japan's benchmark failing to hold onto early gains as investors scrounged for cash amid recession fears. Tokyo's Nikkei 225 fell 0.2% to 16,691.45 while the Kospi in South...
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