Avie Schneider

Avie Schneider appears in the following:

Dow Bounces Back, Jumping More Than 1,100 Points After Market's Terrible Day

Tuesday, March 10, 2020

Stock indexes rose nearly 5% after the market's worst day since 2008. The jump followed President Trump's call for a payroll tax cut and other steps to help the economy amid the coronavirus epidemic.


How Stock Market Circuit Breakers Work

Monday, March 09, 2020

Trading on the New York Stock Exchange was halted briefly Monday morning when the S&P 500 index fell 7%. Here's how these automatic circuit breakers work.


Dow Dives More Than 2,000 Points; Steep Market Slide Triggered Trading Halt

Monday, March 09, 2020

Stock indexes tumbled so fast Monday that marketwide trading was halted temporarily for the first time since October 1997. The Dow Jones Industrial Average fell 2,013 points, or nearly 8%.


Oil Prices, Stocks Plunge After Saudi Arabia Stuns World With Massive Discounts

Sunday, March 08, 2020

Oil prices dropped as much as 30% following the unexpected Saudi decision to cut prices and boost production. The move reflects the uncertainty surrounding the coronavirus and its economic effects.


Jack Welch, Legendary CEO Of General Electric, Dead At 84

Monday, March 02, 2020

Welch, dubbed "manager of the century" in 1999 by Fortune magazine, grew GE into an industrial powerhouse. During his reign, the company's market value skyrocketed to $410 billion from $12 billion.


'Miami Herald,' 'Kansas City Star' Publisher McClatchy Files For Bankruptcy

Thursday, February 13, 2020

The company, which operates 30 newsrooms in 14 states, announced a Chapter 11 restructuring. Saddled with debt and pension obligations, McClatchy said it will operate as normal during the process.


What We Know About The App That Delayed Iowa's Caucus Results

Tuesday, February 04, 2020

Iowa Democratic Party officials said a new smartphone app designed to speed the results actually ended up delaying them. Last month, NPR reported on security and other concerns with the app.


U.N. Urges Probe Of Reported Hacking Of Jeff Bezos' Phone By Saudi Arabia

Wednesday, January 22, 2020

U.N. human rights experts said they were gravely concerned by reports that a WhatsApp account held by Saudi Crown Prince Mohammed bin Salman was used to hack The Washington Post owner's phone.


Google Founders Sergey Brin And Larry Page Step Down From Top Roles

Tuesday, December 03, 2019

Ending an era at the Internet's biggest search company, Google co-founders Sergey Brin and Larry Page end their leadership roles. Sundar Pichai will become CEO of Google and its parent, Alphabet.


Twitter To Halt Political Ads, In Contrast To Facebook

Wednesday, October 30, 2019

CEO Jack Dorsey announced that Twitter will stop running political ads, citing online ads' "significant risks to politics." Facebook has been criticized for allowing deceptive political ads.


23 Senators Demand Investigation Into Mismanagement Of Student Loan Program

Tuesday, October 29, 2019

The senators are calling on the nation's top consumer protection agency to investigate a loan servicer for the troubled student loan forgiveness program for public service workers.


WeWork CEO Steps Down As IPO Stalls

Tuesday, September 24, 2019

Adam Neumann, the workspace sharing company's co-founder, is quitting as CEO amid problems with WeWork's efforts to go public. The company's estimated value has dropped by more than half.


Appeals Court Reinstates Lawsuit Against Fox News Over Seth Rich Story

Friday, September 13, 2019

A federal appeals court reinstated a lawsuit against Fox News and two other defendants over its coverage of the death of Seth Rich, a 27-year-old Democratic Party aide who was murdered in July 2016.


T. Boone Pickens, Iconic Oil Tycoon, Dead At 91

Wednesday, September 11, 2019

The legendary energy executive, whose name symbolized big oil, died Wednesday at age 91. He founded the company that became Mesa Petroleum and later began a hedge fund focused on energy investments.


Apple Launches Video-Streaming Service For $4.99 A Month

Tuesday, September 10, 2019

Apple is entering the video-streaming race, taking on Netflix, Disney and others with a new monthly subscription of $4.99. The company also announced new iPhones, as their sales have been slowing.


Is Facebook Too Big? State Attorneys General Want To Know

Friday, September 06, 2019

Attorneys general from eight states and the District of Columbia have launched a probe into Facebook and its market dominance. The Justice Department has also launched an antitrust review of Big Tech.


Google, YouTube To Pay $170 Million Penalty Over Collecting Kids' Personal Info

Wednesday, September 04, 2019

Google and its YouTube subsidiary are settling allegations that YouTube collected personal information from children without their parents' consent, the Federal Trade Commission said.


More Rate Cuts? Powell Says Fed Is Ready To Help Economy Grow Amid Trade Tensions

Friday, August 23, 2019

The central bank will "act as appropriate" to sustain the economic expansion as the trade war with China takes a toll on global growth and parts of the U.S. economy, Fed Chairman Jerome Powell says.


Trump Announces Higher Tariffs On Goods From China After Dow Plunges 623 Points

Friday, August 23, 2019

President Trump's move came after Beijing announced tariffs on $75 billion worth of autos and other U.S. goods. In a tweet, he also "ordered" U.S. companies to stop doing business with China.


With Jobs Numbers Like These, It's Hard To See Why The Economy Is Slowing

Friday, August 02, 2019

The U.S. economy is slowing down, but it keeps creating jobs at a healthy pace. Employers added 164,000 jobs last month — as analysts had projected — and the unemployment rate held steady at 3.7%.