Question

i want you find business articles from business news web-sites such as: marketwatch, CNBC,Fox Business, Bloomberg, Wall Street Journal, etc...........

Pick one article from four (4) different business web-sites, read the article and write a 1 paragraph summary on that article. So in the end you will have a short summary of 4 business article, each coming from a different source.

Answer 1

1) STOCK RALLY AS FED PLEDGES MORE SUPPORT, AFTER JOBLESS RATE HEADS INTO THE DOUBLE DIGITS.

U.S. stocks rese sharply early Thuesday after a report showed another 6.6 million Americans claimed unemployment benefits in the latest week was offset by the federal Reserve snnouncing details of its new lending program to mid-sized businesses and muncipalities.

Talks between OPEC and other key oil producers also will be watched on Thursday.

U.S. exchanges on friday will be closed in observance of Good Friday, and those in Europe will also be closed for Easter monday.

2) CORONAVIRUS: WIMBLEDON TO GET $ 141 MILLION 'PANDEMIC INSUARANCE' PAYOUT AFTER PAYING PREMIUM FOR 17 YEARS.

The All England Lawn Tennis Association, which organises Wimbeldon, was starting at a revenue loss of around 250 million pounds due to this years cancellation, but the $2 million pandemic insuarance they have been paying for the past 17 years will help them recoup some of those losses.

Wimbledon, regarded as the most prestigious tennis tournament in the world, was due to be held from June 29 to July 12 this year but the organisers' hands were forced as the pandamic continues to overwhelm authorities around the world.

Coronavirus has revaged the global sports calander this year with most sports events either cancelled or postponed. French Open, which precedes Wimbledon in the tennis calander, has been postponed to September-October.

3) CHINA'S YEAR OF THE ELECTRIC VEHICLE IS NOW YEAR OF THE SHAKEUOT.

An economic meitdown will jeopardize expansion and adoption in world's largest auto market.

This year was supposed to be a watershed for electric vehicles, with BYD, Daimler, General Motors, Tesla, and other industry titans scheduled to roll out new models and open manufacturing plants in china, the technology's largest market. Then the coronavirus came along, short-circuting demand for cars of every sort and leaving EV makers with, at best, a dream deferred.

Because of the pandemic and its accompanying economic meltdown, 2020 is on track to be the third straight year of declaining sales in the world's biggest auto market, jeopardizing multibillion- dollor expansion plans by EV makers.

4) GE WARNS OF WEAK FIRST QUARTER, PULLS FINANCIAL FORECASTS.

General Electric Co. warned its first quarter earnings would be below its prior forecasts and pulled its financial guidance for the full year, citing the disruptions and uncertainity caused by the coronavirus pandamic.

The industrial conglomerate is the latest major company, from FedEx Corp, to Starbucks Corp., to withdraw its financial forecast as the rapidly spreading illness disrupts the global economy, travel and daily life.

These four business news are from four different business news websites. The first one is depend on unemployment due to corona virus. second one is depend on pandemic insuarance, the third one is depend up on electric vehicles, and the last one is pulls financial forecasts, Most of tese are depend on coronavirus, from these articles, it is clear that, Coronavirus greately affect the bussinesses negetively in the world.