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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Reuters Top News

Jurors in Weinstein rape trial ask to review Rosie Perez testimony

Wed, Feb 19, 2020

Jurors in Harvey Weinstein's rape trial appeared to take a methodical approach in their deliberations on Wednesday, asking to review testimony from a former production assistant who says Weinstein raped her as well as from actress Rosie Perez. ...

Former Illinois governor Blagojevich thanks Trump for commuting sentence

Wed, Feb 19, 2020

Rod Blagojevich, a former Illinois governor forced out of office for trying to peddle Barack Obama's vacated U.S. Senate seat, thanked President Donald Trump on Wednesday for commuting his prison sentence and again proclaimed his innocence. ...

California to make state buildings available to house homeless

Wed, Feb 19, 2020

California will provide nearly 300 state properties for use as homeless shelters and should change its laws to make it easier for local officials to get the mentally ill off the streets, Governor Gavin Newsom said on Wednesday. ...

Passengers leave coronavirus cruise ship at last as Japan control efforts come under fire

Wed, Feb 19, 2020

Hundreds of passengers trundled off a cruise ship in Japan on Wednesday after being held on board in quarantine for more than two weeks, as criticism mounted of Japan's handling of the biggest coronavirus outbreak outside China. ...

Factbox: Global efforts to develop vaccines, drugs to fight the coronavirus

Wed, Feb 19, 2020

Researchers and drug companies are scrambling to develop vaccines and treatments to fight the new coronavirus that emerged in central China in December and has spread to more than two dozen countries, killing more than 2,000 people. ...

French judges step up Ghosn probe over palace party, Oman dealings

Wed, Feb 19, 2020

French prosecutors have stepped up their investigation into alleged misappropriation of funds at Renault by former boss Carlos Ghosn, saying a judge had now been assigned to the case to launch a formal investigation. ...

China to take over HNA as coronavirus hits business: Bloomberg

Wed, Feb 19, 2020

China plans to take over HNA Group Co and sell off its airline assets, as the coronavirus outbreak has hit the Chinese conglomerate's ability to meet financial obligations, Bloomberg reported https://www.bloomberg.com/news/articles/2020-02-19/china-said-to-near-takeover-of-hna-group-as-virus-hits-business?utm_content=business&utm_campaign=socialflow-organic&utm_medium=social&utm_source=twitter&...

S&P 500, Nasdaq hit record closing highs, lifted by China stimulus hopes

Wed, Feb 19, 2020

The S&P 500 and Nasdaq rose to record closing highs on Wednesday as optimism that China would take more measures to prop up its economy eased concerns about the economic impact of the coronavirus epidemic. ...

Stocks scale fresh peaks on slowing virus, dollar gains

Wed, Feb 19, 2020

The dollar gained while several U.S. and European equity indexes scaled fresh peaks on Wednesday after China reported another decline in new coronavirus cases and on expectations of Chinese stimulus to counter a slowdown in growth. ...

Japan warns of coronavirus hit on tourism but keeps 40 mln visitor target

Wed, Feb 19, 2020

The number of foreign visitors to Japan fell for the fourth month in January as the impact of a South Korean boycott weighed, with further, sharper falls expected as the coronavirus outbreak keeps away Chinese travellers. ...

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