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American Airlines said on Friday it expects to halt its daily cash burn by the end of 2020 thanks to cost-cutting measures and an improvement in travel demand, easing concerns about its short-term liquidity. Fred Katayama reports. Read more at : http://www.reuters.com/video/2020/06/12/american-airlines-sees-end-to-cash-burn?videoId=714204605&feedType=VideoRSS&feedName=Business&videoChannel=5
As stocks plunged Thursday, National Securities' Art Hogan said the S&P 500 was overvalued at the 3200 level. He tells Reuters' Fred Katayama that investors might consider getting back into the market at 2900. Read more at : http://www.reuters.com/video/2020/06/11/sp-500-rebounded-too-much-strategist?videoId=714163233&feedType=VideoRSS&feedName=Business&videoChannel=5
Gerber Kawasaki's Ross Gerber says Fed Chair Jerome Powell is doing an A+ job, but he fears that Powell's pledge to keep rates low will further fan speculation in stocks. Gerber tells Reuters' Fred Katayama he has lowered his stock allocation to the lowest it has ever been. Read...
The New York Stock Exchange observed a moment of silence for eight minutes and 46 seconds to express "support for equality, justice and human rights" in the wake of widespread protests against police brutality and the death of George Floyd while in custody of Minneapolis police. Read more at...
SMH Group CEO George Ball sees the S&P 500 theoretically falling to as low as 2250. He tells Reuters' Fred Katayama corporate earnings next year will likely be much lower than Wall Street expects. Read more at : http://www.reuters.com/video/2020/06/08/markets-next-big-move-is-likely-down-bal?videoId=714016203&feedType=VideoRSS&feedName=Business&videoChannel=5
Facebook CEO Mark Zuckerberg on Friday said he would consider changes to the policy that led the company to leave up controversial posts by President Donald Trump during recent demonstrations protesting the death of an unarmed black man while in police custody, a partial concession to critics. Conway G....

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