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Google Business NewsJan 29, 2020
World Health Organization Provides Update On Coronavirus | NBC News (Live Stream) - NBC News
World Health Organization Provides Update On Coronavirus | NBC News (Live Stream)  NBC NewsView full coverage on Google News

Reuters BusinessJan 29, 2020
McDonald's sees 2020 spending on tech after sales beat; breakfast competition looms
McDonald's Corp beat quarterly sales forecasts on Wednesday and said it would spend more on technology and research in 2020, as the world's largest burger chain bets on revamped stores and menu additions to lure diners and gain market share.

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UPDATE 3-McDonald's sees 2020 spending on tech after sales beat; breakfast competition looms (Reuters Company News)
McDonald's sees higher 2020 spending on tech, R&D after sales beat (Reuters Business)

MarketWatchJan 29, 2020
‘This is a novel coronavirus.' As infections reach 6,000, here's how the illness has spread across the world so rapidly
‘From observations, the virus is capable of transmission even during incubation period,' says Ma Xiaowei, the director of China's National Health Commission.

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This is where Wuhan coronavirus cases have been confirmed worldwide - CNN (Google Business News)

Washington Post BusinessJan 29, 2020
Facebook will now show you exactly how it stalks you — even when you're not using Facebook
The new 'Off-Facebook Activity' tool, available around the world Tuesday, reminds us we're living in a reality TV program where we forget the cameras are always on. Here are the privacy settings to change right now.

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Facebook's Newest Privacy Tool Will Help Limit Creepy Ad Tracking (The Motley Fool)

Yahoo BusinessJan 29, 2020
Warren Buffett gives up on newspapers; Berkshire sells unit to Lee Enterprises
The transaction includes 31 daily newspapers and 49 weeklies including the daily Omaha World-Herald in Berkshire's hometown in Nebraska, Buffalo News in New York, Richmond Times-Dispatch in Virginia and Tulsa World in Oklahoma. Lee owns 50 daily newspapers including the St. Louis Post-Dispatch, and has since July 2018 managed Berkshire's papers other than the Buffalo News, which Berkshire bought in 1977.


MarketWatch MarketPulseJan 29, 2020
Dow opens 200 points higher as coming Fed policy update and corporate earnings overshadows coronavirus spread
U.S. stock indexes opened solidly higher Wednesday morning as investors awaited a fresh update from the Federal Reserve and pushed concerns about a fast-moving Asian influenza to the back burner. The Dow Jones Industrial Average climbed 208 points, or 0.7%, at 28,933, powered partially by solid earnings from the likes of Apple Inc. and Boeing Co. , which delivered their quarterly results within the past 24 hours. The S&P 500 index was up 15 points, or 0.5%, at 3,291, while the Nasdaq Composite Index advanced 47 points, or 0.5%, at 9,315. The rate-setting Federal Open Market Committee is set to issue a policy statement at 2 p.m., with a news conference from Fed Chairman Jerome Powell to follow a half-hour later. Investors aren't expecting any moves at key interest rates, which stand at a 1.50-1.75% range, but will be eager to here the central bank's outlook for the domestic economy and the potential impact of coronavirus. According to reports the novel coronavirus, which has drawn comparisons with SARS, severe acute respiratory syndrome, has claimed 132 lives, with more than 5,300 infected, according to some reports. The illness comes at a crucial holiday time for China, the Lunar New Year, and is expected to dent growth in the world's second-largest economy. In company news, shares of Boeing were higher even as the aeronautics and defense contractor swung to a loss of $2.33 per share, excluding non-recurring items, versus the FactSet consensus of $1.32 earnings per share, due to its problems with the 737 MAX jet. Apple Inc.'s shares, meanwhile, were headed higher after reporting better-than-expected results.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


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