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The coronavirus takes a toll with tech leading losses. Earlier, apple cut its revenue guidance for the march quarter with the outbreak continuing to impact the iphone maker supply and demand. The coronavirus is impactful, but not permanently impactful. In other words, it is a temporary blip. On the demand side longer term for apple, i dont see any issues so that gives me a lot of confidence we will see a nice rebound when this is over. The bad news is, apple made a big bet on china. 20 of revenue, a huge part of the supply chain. If the virus isnt contained, this will continue to be a problem....

Back of that data. Refinery utilization was positive by 1. 4 . The market was looking for that to go into the negative by 0. 5 . Crude Oil Inventories rising by 415,000 barrels only last week. Gasoline inventories was a drawdown of nearly 2 million barrels. Lets check u. S. Markets more broadly. The major indices are really unchanged, but we have a few major movers, including viacom cbs, which disappointed in its First Quarter as a combined company. Investors are really punishing that stock. Guy a bit of breaking news, the unicredit boss looks like he is emerging as a potential hsbc ceo to get...

He testifying on ways to counter the problem. Good morning, everyone. The subcommittee on Consumer Protection and commerce will now come to order. Member will begin with member statements and i will begin by recognizing myself for five minutes. Good morning, and thank you for joining us here today. Given what is going on in the world, its really impressive to see the turnout that is here today, and i welcome everyone. In the the two plus decade since the creation of the internet we have seen life for americans and families transformed in many positive ways. The internet provides new opportunit...

Next, a look at the spread of disinformation on social media and other platforms. The subcommittee hearing included a representative from facebook and other tech experts. Testifying on ways to counter the problem. Good morning everyone. The subcommittee on Consumer Protection and commerce will now come to order. We will begin with member statements and i will begin by recognizing myself for five minutes. Good morning and thank you for joining us here today. Given what is going on in the world. esentative czajkowski owski we have seen life for americans transformed in many positive ways. The in...

Given what is going on in the world. esentative czajkowski owski we have seen life for americans transformed in many positive ways. The internet provides new opportunities for commerce, education, information and connecting people. However, along with these many new opportunities, we have seen new challenges as well. Stocking thee online marketplace using deceptive techniques to influence the consumers with deceptive designs to fool them into giving away present information, stealing their otherand engineering unfair practices. The federal trade Commission Works to protect americans from many ...