Stocks slide after Fed rate cut fails to stem market's dread as coronavirus spreads

Stocks fell sharply on Wall Street Tuesday after an emergency interest-rate cut by the Federal Reserve failed to reassure markets racked by worries that a fast-spreading virus outbreak could lead to a recession.

What to make of the stock market's recent plunge
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Phil Flynn from Price Futures Group joins Good Day Chicago to provide his analysis on the struggling stock market in lieu of the coronavirus outbreak.

Coronavirus fears shove stocks toward worst week since financial crisis

The Dow Jones Industrial fell by as much as 808 points, or 3.1 percent, in the opening minutes of trading while the S&P 500 and Nasdaq Composite each dropped more than 3 percent.

Dow sinks nearly 1,200 points in record drop as coronavirus worries spread

The Dow Jones Industrial Average sank nearly 1,200 points Thursday, deepening a weeklong global market rout caused by worries that the coronavirus outbreak will wreak havoc on the global economy.

Coronavirus could affect Coca-Cola's supply of artificial sweetener

Coca-Cola recently announced that, while they have contingency plans in place, the situation may impact their long-term supplies of artificial sweeteners.

Bolingbrook opposes Amazon distribution center that would add 1,500 jobs

When e-commerce giant Amazon wanted to buy a suburban Chicago-area property with the goal to build a giant fulfillment center there, the mayor answered heck no.

Victoria's Secret is being sold

The company's owner, L Brands, said that the private-equity firm Sycamore Brands will buy 55% of Victoria's Secret for about $525 million.

Boy Scouts of America files for bankruptcy due to sex-abuse lawsuits

Barraged by hundreds of sex-abuse lawsuits, the Boy Scouts of America filed for bankruptcy protection Tuesday in hopes of working out a potentially mammoth victim compensation plan that will allow the hallowed, 110-year-old organization to carry on.

Pier 1 files for bankruptcy protection

Home goods retailer Pier 1 Imports Inc. is filing for bankruptcy protection.