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Northern Star

Northern Illinois University’s student media since 1899

 

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The Student News Site of Northern Illinois University

Northern Star

The Student News Site of Northern Illinois University

Northern Star

World markets tumble as fears over virus outbreak spread

By ELAINE KURTENBACH | January 30, 2020

Shares tumbled in Europe and Asia on Thursday as the impact of the virus outbreak in China expanded to include flight cancellations and other wider precautions to help stop its spread.Taiwan's benchmark dived 5.8% as its market reopened after the Lunar...

Deutsche Bank loss widens in Q4 on restructuring costs

January 30, 2020

BERLIN (AP) — Germany's Deutsche Bank said Thursday that its net loss widened in the fourth quarter as a result of charges related to a sweeping restructuring program.Germany's biggest bank reported a net loss of 1.48 billion euros ($1.6 billion) for...

Asian markets tumble as fears over virus outbreak spread

By ELAINE KURTENBACH | January 29, 2020

Shares tumbled in Asia on Thursday as concern over the impact of the virus outbreak in China deepened.Taiwan's benchmark dived 5.3% as its market reopened after the Lunar New Year. Japan's Nikkei 225 index sank 1.9% to 22,935.20, while Hong Kong's Hang...

Facebook reports 4Q profit, user growth despite challenges

By BARBARA ORTUTAY | January 29, 2020

SAN FRANCISCO (AP) — Facebook had a strong fourth quarter, making more money on advertising and adding more users despite challenges around regulation, privacy and efforts to fight election interference.Its profit and revenue both handily surpassed...

Grounded jet sends Boeing to first annual loss in 2 decades

By DAVID KOENIG | January 29, 2020

Boeing, an icon of American manufacturing, suffered its first annual financial loss in more than two decades while the cost of fixing its marquee aircraft after two deadly crashes soared to more than $18 billion.New CEO David Calhoun on Wednesday stood...

Asian shares mostly higher after rebound on Wall Street

By ELAINE KURTENBACH | January 28, 2020

Shares advanced in most Asian markets on Wednesday after a rebound on Wall Street that reversed most losses from a sell-off the day before.Hong Kong's Hang Seng dropped 2.4%, to 27,289.55 after reopening from Lunar New Year holidays, while other Chinese...