Dow claws back 1,049 points as Fed, Treasury move to restore investor confidence

U.S. equity markets opened higher Tuesday as investors tried to claw back some of their losses from the steepest one-day slide since the Black Monday crash of 1987.

Gold's Gym closing locations in U.S., including Texas

The closures are effective at 8 p.m. local time Monday, March 16 and will affect all company-owned locations in the U.S.

U.S. now in recession expected to last until September, UCLA forecasts

The U.S. economy is in a recession expected to last through September, according to a revised forecast released Monday by UCLA that reflects rapid changes brought on by the coronavirus.

Amazon looks to hire 100,000 to keep up with surge in orders

Amazon said Monday that it needs to hire 100,000 people across the U.S. to keep up with a crush of orders as the coronavirus spreads and keeps more people at home, shopping online.

Financial markets in turmoil over fear of coronavirus lockdowns

JPMorgan Chase now is forecasting the U.S. economy will shrink at a 2% annual rate in the current quarter and 3% in the April-June quarter.

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.

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.

Valley reacts to coronavirus' impact on various events

Fans, businesses and workers in various parts of the Valley are reacting to the COVID-19 coronavirus' impact on various cultural and sporting events.

Anaheim officials shut down convention center through end of month

Anaheim officials announced on Thursday that gatherings at the Anaheim Convention Center have been postponed through the end of the month to comply with a state directive to cancel events with 250 or more people during the coronavirus outbreak.

Princess Cruises will stop all operations for 2 months due to the coronavirus

The cruise line said that due to the unpredictable circumstances evolving from the spread of COVID-19 and in an abundance of caution, the cruise line will voluntarily pause global operations of its 18 ships for 60 days.

Stocks recoup most big losses as investors await virus aid

Stocks, Treasury yields and oil are clawing back some of the plunge they took a day before, when the S&P 500 had its worst drop in more than a decade.