Coronavirus update: 101,733 cases, 3,460 deaths, U.S. grocers see sales jump as Americans prepare

The number of COVID-19 cases has crossed the 100,000 mark, as case counts in Iran and Italy continue to increase and Americans, worried about a cluster of infections in Washington state, begin preparing for the possibility of disruption. source https://finance.yahoo.com/m/4efdfb1f-8070-3647-912b-e179f4516da9/coronavirus-update%3A-101%2C733.html?.tsrc=rss

Elon Musk says ‘coronavirus panic is dumb’ as other Silicon Valley execs tell workers to stay home

Tesla Inc. Chief Executive Elon Musk surfaces on Twitter Friday to call the ‘panic’ over the novel coronavirus outbreak ‘dumb.’ source https://finance.yahoo.com/m/a58428ac-2cb8-3139-83d3-1f9a889a1e00/elon-musk-says-%E2%80%98coronavirus.html?.tsrc=rss

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Southwest Airlines Company of Class Action Lawsuit and Upcoming Deadline – LUV

NEW YORK, NY / ACCESSWIRE / March 7, 2020 / Pomerantz LLP announces that a class action lawsuit has been filed against Southwest Airlines Company (“Southwest” or the “Company”) (NYSE:LUV) … source https://finance.yahoo.com/news/shareholder-alert-pomerantz-law-firm-153500054.html?.tsrc=rss

Burlington Stores is shutting down its e-commerce site to focus on bricks-and-mortar stores

While many retailers are adding to their e-commerce capabilities, Burlington Stores has decided to shut down its digital shopping site. source https://finance.yahoo.com/m/2b323725-182b-3f7f-ba45-9e6c728231c4/burlington-stores-is-shutting.html?.tsrc=rss

Health insurers could raise premiums next year if coronavirus costs hit financial performance

The cost of health insurance premiums may increase in 2021 if insurers face unexpected costs for treating people with COVID-19, the novel coronavirus that has sickened more than 250 people in the U.S. and killed at least 14 others. source https://finance.yahoo.com/m/514af18c-be7a-3a92-98d0-7bc5e0c65134/health-insurers-could-raise.html?.tsrc=rss

Zoom Communications stock climbs as analysts cheer earnings and predict coronavirus boost

Zoom Video Communications Inc.‘s shares reversed early losses to gain more than 9% Thursday, as analysts welcomed better-than-expected fourth-quarter earnings and forecast that the coronavirus will drive strong demand for the company’s remote-work tools. source https://finance.yahoo.com/m/d0d11174-cf8d-3421-80d5-d06c76ca4a75/zoom-communications-stock.html?.tsrc=rss

AMD shows that it’s not resting on its laurels with ambitious road map

Advanced Micro Devices Inc. showed investors at its big yearly analyst meeting Thursday that it’s not resting on its laurels that made it the best performer in the S&P 500 last year, and presented a convincing case to continue to trust Chief Executive Lisa Su. source https://finance.yahoo.com/m/e3c127a9-6ca7-328d-bddb-2d6eb13845d4/amd-shows-that-it%E2%80%99s-not.html?.tsrc=rss

Coronavirus Outbreak Could Disrupt Drug Companies’ Clinical Trials

It could develop into a serious long-term problem for the pharmaceutical industry, which relies on clinical trials to get new drugs to the market. source https://finance.yahoo.com/m/de13dbe3-482c-3f64-a202-946d536bc25f/coronavirus-outbreak-could.html?.tsrc=rss

These nine companies are working on coronavirus treatments or vaccines — here’s where things stand

A mix of legacy drugmakers and small startups have stepped forward with plans to develop vaccines or treatments that target the infection caused by the novel coronavirus. source https://finance.yahoo.com/m/537101ec-b3b0-30ac-a547-ccf61053c2b5/these-nine-companies-are.html?.tsrc=rss

Costco, BJ’s and Kroger sales boosted by demand for coronavirus-related items

A steep increase in demand for hand sanitizer, cleaning and disinfecting materials, canned and dry grocery items and other products associated with the coronavirus that causes COVID-19 spurred a surge in sales at Costco Wholesale Corp. in the last week of February. source https://finance.yahoo.com/m/e2a23f91-7098-3e57-8ba7-b69b0ab6d92b/costco%2C-bj%E2%80%99s-and-kroger-sales.html?.tsrc=rss