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Cuomo: New York protests could lead to coronavirus rise New York Daily NewsGov. Andrew Cuomo orders curfew for New York City New York Post New York's Cuomo calls for police reforms in wake of George Floyd's death ReutersN.Y.C. Protests Turn Violent The New York Times
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Employees are publicly criticizing CEO Mark Zuckerberg and organizing a virtual walkout amid a growing internal backlash over the company's tolerance of the president's posts.
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"We're talking about roepening in one week in New York City and now we're seeing these mass gatherings over the past several nights that could in fact exacerbate the Covid-19 spread," Cuomo said at a news briefing Monday.
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 Latin American stocks rose on Monday,
tracking their global peers amid some relief over Sino-U.S.
tensions, while Brazil's real fell on further concerns over the
country's economic outlook.
The MSCI's index of regional shares rose
2.6
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Cities across America are reeling from a weekend of unrest after widespread protests erupted after George Floyd died during an arrest in Minneapolis.
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Floyd's death has everything to do with women's sports because Floyd, Staley, Cloud and as many black female athletes as you can mention are all subject to the same thankless system of American oppression and racism.
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 The Dow Jones Industrial booked its first gain of the past three sessions on Monday to start trading for the week and month of June. Markets appeared to be heartened by upbeat data from the Institute for Supply Management, whose manufacturing index for May rose to 43.1 from an 11-year low of 41.5 in April. A reading above 50.0 indicates an increase in activity, while a one below that level indicates contraction. The report indicated to many investors that the worst of the economic problems from closures induced by COVID-19 may be reaching a peak. The Dow rose nearly 92 points, or 0.4%, at 25,475, the S&P 500 index climbed 0.4% at about 3,056, while Nasdaq Composite Index advanced 0.7% at around 9,552. Markets appeared to focus on reopenings from the lockdowns that were intended to limit the spread of the novel strain of coronavirus, which appeared to overshadow protests over the weekend centered on the death of George Floyd, a black man who died under the knee of a white police officer last week in Minnesota. On the international front, Chinese government officials told major state-run agricultural companies to pause purchases of some American farm goods, including pork and soybeans, Reuters and Bloomberg News reported on Monday, citing people familiar with the matter. In corporate news, Pfizer shares fell 7.2% after the drugmaker said it would halt a study on a potential breast-cancer treatment.
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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U.S. oil futures settled lower on Monday, as U.S. tensions with China following Beijing's new national security law on Hong Kong raised concerns over the prospects for crude demand. Reuters reported Monday, however, that the Organization of the Petroleum Exporting Countries and its allies may move their meeting to this week, from a previously scheduled June 9 to June 10 gathering, and discuss an extension of current output cuts by one to two months. July West Texas Intermediate crude fell by 5 cents, or 0.1%, to settle at $35.44 a barrel on the New York Mercantile Exchange.
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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 U.S. stocks posted gains on Monday as signs of U.S. economic recovery helped offset jitters over increasingly violent social unrest amid an ongoing pandemic and rising U.S.-China tensions.
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A conversation about the latest market-moving news.
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SpaceX Makes Tesla Stock Look Even Better. Just Ask Wall Street. Barron'sElon Musk demands justice for George Floyd: ‘Definitely not right' that just one Minneapolis officer has been charged MarketWatchTo cap off his amazing week, Elon Musk just made $770 million CNNTesla's Biggest Enemy: The Spread of Misinformation from the Misinformed TeslaratiWhy should we care about SpaceX? | Start Here
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China uses U.S. protests to cry hypocrisy amid Hong Kong standoff CBS NewsChina gifted propaganda win as Trump's protest response undermines US efforts to protect Hong Kong CNNTiananmen: Police ban Hong Kong vigil for victims of 1989 crackdown BBC NewsThe US needs to stand up for Hong Kong to deter China's crackdowns The Guardian
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Gilead Sciences Inc on Monday
reported that its antiviral drug remdesivir provided a modest
benefit in patients with moderate COVID-19 given a five-day
course of the treatment, while those who received the medicine
for 10 days in the study did not fare as well.
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The coronavirus has infected more than 6.19 million people around the world as of Monday, killing at least 372,479 people.
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 Urban Forage Winery & Cider House owners Jeff and Gita Rijal Zeitler join Yahoo FInance's Zack Guzman to discuss how their business was among those damaged in Minneapolis in the wake of protests over George Floyd's death.
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 Trying to peg the U.S. unemployment rate during the coronavirus pandemic is like hitting a fast-moving target, but a Goldman Sachs "real-time" estimate put it at 21.5% in May — and it may be falling.
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Who was David McAtee? Community praises Louisville business owner killed Monday by authorities USA TODAYOne dead in Louisville after police and National Guard 'return fire' on crowd NBC NewsViral photo shows Louisville cop protected by black protesters when separated from squad during riot Fox News'My son didn't hurt nobody:' David McAtee, Louisville business owner, killed by authorities Courier JournalChief: Man shot, killed by police as LMPD, National Guard were breaking up protesters
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The White House has decided not to put out its own economic projections this summer.
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Get Ready For The MLB Trade Rumors Mock Expansion Draft! MLB Trade RumorsMeet the 2020 MLB draft's man of mystery -- A 17-year-old pitcher with enormous upside ESPN2020 MLB Mock Draft: Tigers hold steady at No. 1; high school outfielder jumps into top five CBS Sports2020 MLB Draft: Nick Gonzales has No. 7 floor, which should thrill Pittsburgh Pirates DKPittsburghSports.com2020 MLB Mock Draft: Predictions for Each First-Round Pick
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Late Sunday, Zuckerberg announced an additional $10 million to racial justice organizations.
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 Shares of the hotel operator, which owns the Ritz-Carlton and St. Regis luxury brands, rose as much as 8.1% to $95.64 in afternoon trading after Sorenson said the occupancy rate in China was 40% currently, up from 7% to 8% in February, when COVID-19 started spreading. In the United States, Marriott's hotels that remained open crossed the 20% occupancy threshold and continue to see an improvement, Sorenson said.
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 Camden County Police Chief Joseph Wysocki joins Yahoo Finance's Anjalee Khemlani and Zack Guzman to discuss the latest developments as protests erupt across the U.S. in response to the death of George Floyd.
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There has been significant divergence between individual stock prices and their expected earnings next year, presenting some buying and selling opportunities for investors
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Youth television channel MTV and other
stablemate channels said they will go dark around the world on
Monday to mark the death in police custody of George Floyd,
joining other U.S. entertainment outlets in condemning racial
inequality.
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 Investors who owned stocks in the 2010s generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return for the decade was 250.5%. But there's no question some big-name stocks did much better than others along the way.Southwest's Difficult DecadeOne underperformer of the last decade was U.S. airline Southwest Airlines Co (NYSE: LUV).The big news of the past decade for Southwest was its $3.2 billion acquisition of AirTran Airways. The merger was announced in September 2010 and added 25 additional destinations to Southwest's routes, including AirTran hub Atlanta, Georgia.The deal was ultimately approved by shareholders and regulators, and Southwest closed the deal on May 2, 2011.Southwest shares started the 2010s trading at around $11.18 but hit their decade low of $6.65 by late 2011. Southwest shares went on a tear in 2013 and 2014, eventually peaking at $48.99 in late 2015.The rally resumed in late 2016 when Warren Buffett's Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) took a new stake in Southwest. That momentum ultimately pushed the stock to its all-time high of $65.12 at the very end of 2017.2020 And BeyondFrom early 2017 to early 2020, Southwest shares traded mostly sideways in a range between $45 and $65 before the bottom fell out during the COVID-19 outbreak. In March, Southwest traded to a more than five-year low of $22.47 before bouncing back to around $34 today.Despite the bid 2020 hit, investors have still made d
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 (Bloomberg) -- Wuhan's push to break hidden coronavirus transmission chains through aggressive testing appears to have succeeded, as no new asymptomatic cases were found for the first time in two months. Protests spread across the U.S., fueling concerns of a renewed spike in infections and more economic pain.Hong Kong recorded three cases linked to a local cluster, a setback for the city that has reported few local infections over the past two months. Apple Inc. is poised to reopen its biggest stores in Japan as the country emerges in stages from a state of emergency.Asia's factory managers remained downbeat about the world's trade engines in May even as economies started to reopen. Gauges of manufacturing activity across the euro area pointed to a noticeable easing in the downturn, though output and orders continued to decline.Key Developments:Virus Tracker: Cases near 6.2 million; deaths exceed 372,000Trump invokes law-and-order to put protests over pandemicHow China tested 11 million people in just two weeksBodies left on hospital beds as virus overwhelms MumbaiS. Korea unveils economic plan; Australia plans fresh stimulusSubscribe to a daily update on the virus from Bloomberg's Prognosis team here. Click VRUS on the terminal for news and data on the coronavirus. For a look back at this week's top stories from QuickTake, click here.Vestager Says Lufthansa Deal Sets Precedent (5:29 p.m. HK)The European Union's antitrust chief Margrethe Vestager said its preliminary agreement with Germany's Lufthansa se
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2020-06-01 0001752724-20-114002 931 KB
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U.S. public companies sold more than $60 billion in shares in May, the biggest monthly haul ever, as they capitalized on a stock market rally fueled by hopes that the COVID-19 pandemic is subsiding.
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Officials gave too little attention to the impact of the economic calamity of their sweeping lockdowns. A vast body of evidence about COVID-19 suggests that policymakers should instead target interventions to vulnerable populations and infection hotspots.
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Executives from Citigroup, Apple, Goldman Sachs and Uber speak up over death of George Floyd
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So-called responsible investing can take many forms - as many forms as there are values to stand behind. Are you concerned about reducing fossil fuels? What about promoting women in the workplace? Whether you care about those issues or others, there's likely an ESG (environmental, social and corporate governance) fund for you.
You're not alone, either. Investors' hunger for ESG funds and stocks is growing at a rapid clip. According to Deloitte, the percentage of investors who applied ESG principles to at least a quarter of their portfolios grew from 48% in 2017 to 75% in 2019.
There are two main approaches to responsible investing: negative screening and positive screening. In the former, you try to avoid the bad by excluding companies whose values you disagree with; the "sin" industries of tobacco, gambling and guns are frequently separated from the herd. This is how socially responsible investing (SRI) got its start, and it's still a common approach.
Positive screening tries to maximize exposure to companies doing good. This is primarily the realm of ESG funds, which aim to hold stocks with good environmental, social and governance practices. The theory is that ESG-friendly companies won't just make you feel better - they'll perform better, too, thanks to benefits such as cost savings from energy efficiency or better management driven by more diverse leadership.
Here are 15 of the best ESG funds for investors looking to put their money where their values are. Most of these picks, which include mutual funds and exchange-traded funds (ETFs) alike, use a combination of SRI exclusion and ESG inclusion. And they cover the gamut, from global large-cap stocks to small American companies to even bonds that are backed by ESG-friendly companies.
In other words: There's something for just about every need.
SEE ALSO: The 30 Best Mutual Funds in 401(k) Retirement Plans
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American Seafood trawler on lockdown after 85 crew members test positive for COVID-19 KOMO News86 crew members of trawler that docked in Bellingham test positive for COVID-19 Bellingham Herald86 crew members on an American Seafoods trawler test positive for COVID-19 KTOOAmerican Seafoods factory trawler returns to Seattle after 85 crew members test positive for COVID-19 Seattle Times
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* Indexes up: Dow 0.35%, S&P 0.48%, Nasdaq 0.73%
(Updates to late afternoon, changes dateline, byline)
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Minnesota Governor Holds Briefing On George Floyd Unrest | NBC News NBC NewsView Full Coverage on Google News
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New York City Mayor Bill de Blasio called for an immediate investigation on reports of police misconduct during the weekend's violent protests over the cop killing of George Floyd, an unarmed black man — although he defended a "vast majority" of NYPD officers.
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Wall St. flat as recovery hopes offset U.S. protests, China tensions Investing.comView Full Coverage on Google News
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 Facebook CEO Mark Zuckerberg said Friday the company would leave up a post by President Trump which appeared to threaten U.S. protesters. Twitter placed the same post behind a block for "glorifying violence."
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 Sunday marked the sixth consecutive night of demonstrations in at least 75 cities across the country. At least eight U.S. auto dealerships suffered damages amid the conflict.
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Some Facebook Inc. employees have been taking to Twitter to criticize the company's decision to leave up President Donald Trump's post saying that "when the looting starts, the shooting starts," in response to widespread protests of police killings. "I work at Facebook and I am not proud of how we're showing up," wrote Jason Toff, Facebook's director of product management, in a tweet. "The majority of coworkers I've spoken to feel the same way. We are making our voice heard." Trevor Phillippi, a product designer for Facebook's Messenger app, wrote on Twitter that "FB's position is wrong and an insult to black people." Nate Butler, a product designer, put out a tweet saying that "FB is on the wrong side of this and I can't support their stance. Doing nothing isn't Being Bold. Many of us feel this way." Facebook didn't immediately respond to a request for comment from MarketWatch. Facebook shares are down 0.4% in premarket trading Monday. They've added 17% over the past three months as archrival Twitter has seen its stock fall 11%; the S&P 500 has gained 3.1%.
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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 Social game developer Zynga (ZNGA) has announced that it has entered into a definitive agreement to acquire Peak, one of the most globally successful mobile gaming companies, for $1.8 billion. Shares are rising 7% in Monday's pre-market trading.Istanbul-based Peak brings two Forever Franchises to Zynga, Toon Blast and Toy Blast, that have consistently ranked in the top 10 and top 20 U.S. iPhone grossing games for over two years, respectively. Indeed, Peak is expected to grow Zynga's average mobile DAUs by more than 60% while strengthening the company's international audience."Peak is one of the world's best puzzle game makers and we could not be more excited… With the addition of Toon Blast and Toy Blast, we are expanding our live services portfolio to eight forever franchises, meaningfully increasing our global audience base and adding to our exciting new game pipeline" cheered Zynga CEO Frank Gibeau.Zynga will acquire 100% of Peak for $1.8 billion, with $900 million in cash and $900 million of Zynga common stock (issued at the volume-weighted average closing price per share over the thirty-day trading period ended May 29, 2020). The deal is expected to close in the third quarter of 2020.At the same time, based on strength across its live services portfolio, Zynga updated its Q2 and Full Year 2020 financial guidance (without including any contributions from Peak).The company now anticipates Q2 revenue of $430M vs. $400M previously, with bookings of $500M vs. $460M previously and $465M consensus
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High performing loans discounted due to volatility from the coronavirus crisis are in the sights of Investcorp as it closes a new €318m credit fund.
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The CBO says it expects real gross domestic product to be about 3% smaller over the 2020 to 2030 period than it had projected in January.
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Even as major chains boarded up stores and halted operations, they largely sought to convey empathy for demonstrators and did not condemn the damage to their businesses.
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The automaker has had to wait to restart its plant in Puebla, one of its biggest worldwide, due to a decree from the state government, which said conditions were not yet right.
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Business may not reach previous levels for several years, however.
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Meatpacker Marfrig Global
Foods has signed a settlement with labor prosecutors
in Brazil to improve protections for workers amid outbreaks of
COVID-19 cases in food plants, labor prosecutors said in a
statement on Monday.
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 Coronavirus update: Global cases top 6 million; U.S. spike feared amid protests
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The Mexican border city of Ciudad Juarez remains in the throes of the pandemic as it mourns the deaths of numerous factory workers, including 20 from Lear's Rio Bravo plant.
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Global stocks buoyant, dollar slips as economies start to unlock Investing.comStocks Mixed With Economy Reopening Amid Unrest: Markets Wrap Yahoo FinanceWhy the US dollar remains crucial for Hong Kong's economic prosperity The Conversation USChina's NetEase targets global expansion with $2.6 billion HK listing Investing.comDollar feels the pinch to start the week ForexLive
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Live George Floyd Protest Updates and Video The New York TimesTanker Truck Speeds Into Thousands of George Floyd Protesters on Minneapolis Bridge SlateEscalating Protests Nationwide Over Death Of George Floyd | NBC Nightly News NBC NewsNationwide George Floyd riots are the price of liberalism: Devine New York Post Destructive Power of Despair The New York Times
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 Americans laid off because of the coronavirus are scrambling for part-time jobs and new business ventures to make some extra money and survive.
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 In an update, Target announced it would close six locations in the U.S. until further notice.
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Small cluster of women-run funds avoided some of the broader losses
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Private Label