Culture > Markets

10 things you need to know before the opening bell

1 month ago   |   By Business Insider

Here's what you need to know before the markets open.
1. A shipping titan, a global airline, and Apple's main iPhone supplier just sounded the alarm on the coronavirus. AP Moller-Maersk, Air France-KLM, and Foxconn issued dire warnings Thursday about the rampaging epidemic.
2. 'We were kings of the world': WeWork's Adam Neumann fostered a culture of superiority at the troubled coworking startup. "He wanted everyone to know he was God," a SoftBank executive told the Financial Times.
3. A former LVMH executive says the coronavirus outbreak is a 'disaster' for luxury brands. Industry expert...
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A shipping titan, a global airline, and Apple's main iPhone supplier just sounded the alarm on coronavirus

A shipping titan, a global airline, and Apple's main iPhone supplier just sounded the alarm on coronavirus

1 month ago   |   By Business Insider

AP Moller-Maersk, Air France-KLM, and Foxconn issued dire warnings about Wuhan coronavirus on Thursday.
Shipping giant Maersk said the epidemic has "significantly lowered visibility" and anticipates a 4% drop in profits this year.
Global airline Air-France KLM expects the outbreak to slash its operating profits by up to $216 million between February and April.
Foxconn, Apple's main iPhone supplier, predicts the virus will hit its annual revenues.
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