Tri-county public companies ended the worst week for Wall Street since 2008 with a 5 percent drop March 20, as the threat of a recession loomed larger in the wake of the coronavirus outbreak. Stocks had a mixed close, with losses among several biotech firms, including regional biotech giant Amgen. Shares fell another 5.3 percent Read More →
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Conventional wisdom holds there’s not much correlation between a short-term jump in stock prices and impact on the real economy. But this time may be different. It may mark a rare moment when developments on Wall Street have a profound impact on what happens along the Highway 101 corridor. Three announcements made during an eight Read More →