Business

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Investors eye bleach, food and tissues as virus fears intensify

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(Reuters) - While Wall Street’s broader indexes fell sharply on Monday on concerns about coronavirus, investors turned to some consumer companies as they bet on stock-piling of products such as disinfectants and shelf-stable foods. FILE PHOTO: A Wall Street sign is seen outside of the New York Stock Exchange September 19, 2008. REUTERS/Lucas Jackson/File PhotoWith…
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bank-of-america-names-new-french-investment-banking-boss-memo

Bank of America names new French investment banking boss: memo

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LONDON (Reuters) - Bank of America (BAC.N) has appointed Jérôme Morisseau as its head of investment banking for France as it seeks to bolster its Paris franchise and win more business from large French clients, a memo seen by Reuters said. FILE PHOTO: A Bank of America logo is pictured in the Manhattan borough of…
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Virus fears rise: Investors worry about supply chain and pandemic-type spread

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NEW YORK (Reuters) - As fears about the coronavirus catch up to U.S. markets, investors are watching closely to see if the outbreak freezes global supply chains and spreads far enough to be called a pandemic. FILE PHOTO: A street sign for Wall Street hangs in front of the New York Stock Exchange May 8,…
health-insurer-shares-pummeled-by-sanders-surge-virus-worries

Health insurer shares pummeled by Sanders surge, virus worries

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NEW YORK (Reuters) - As concerns over the spreading coronavirus outbreak hammered U.S. stocks, one corner of the market was confronted with another potentially game-changing prospect: a Bernie Sanders nomination. FILE PHOTO: U.S. presidential candidate Senator Bernie Sanders (I-VT) delivers a speech to defend his support for a sweeping "Medicare for All" healthcare plan at…