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The Dow Jones Industrial Average closed down more than 800 points on Tuesday — a day after the Dow dropped more than 1,000 points in the biggest single-day loss of 2020.The Dow finished Tuesday down 878 points, marking the fourth-largest one-day drop in the market's history. Fears about the worldwide spread of COVID-19, better known as coronavirus, have prompted a slowdown in global markets. The CDC compounded fears of the spread of the disease Tuesday when it said that Americans need to prepare for "significant disruptions" to their daily lives."Ultimately we expect we will see community spread in this country," CDC Director of Immunization and Respiratory Diseases Dr. Nancy Messonier. said. "It’s not so much a question of if this will happen anymore, but rather more a question of exactly when this will happen and how many people in this country will have severe illness."The two-day drop has wiped out all year-to-date gains the Dow has made since the new year began.The loss also comes hours after President Donald Trump attempted to assuage fears of a global economic slowdown. Speaking at a press conference in India, Trump claimed that his administration would prevent the spread of the virus. "I think it's going to be under control and it's going to work out fine," Trump said. 1309

The Dow Jones Industrial Average had its largest single-day drop in the market's history on Thursday.The Dow finished the day down nearly 1,193 points. The previous largest one-day drop for the Dow was on Feb. 5, 2018, when the index lost 1,175 points.The Dow has lost more than 3,500 points since Friday, marking one of the worst weeks for the market in the last calendar year. Three of the five largest single-day drops in Dow Jones history took place this week.Stocks have been falling amid fears of a worldwide slowdown due to the spread of COVID-19, better known as the coronavirus. Though 607

The number of confirmed coronavirus infections worldwide has topped 615,000 with new cases stacking up quickly in Europe and the United States and officials digging in for a long fight against the pandemic. The latest landmark on Saturday came only two days after the world passed a half- million infections in a tally by 334

The NFL said Monday the 2020 college draft would still take place on April 23-25, but it was canceling the public events surrounding the event in Las Vegas.The league said that it still plans on televising the event, but did not go into specifics."This decision reflects our foremost priority -- the health and safety of all fans and citizens," NFL commissioner Roger Goodell in a 393

The Department of Justice announced indictments on Wednesday against four executives who were allegedly involved in a conspiracy to fix prices and rig bids for broiler chickens. Jayson Penn, Roger Austin, Mikell Fries, and Scott Brady were each charged with one antitrust charge in federal court. Penn is the President and Chief Executive Officer, and Austin is a former Vice President, of Pilgrim’s Pride, a chicken supplier headquartered in Colorado. Fries is the President and a member of the board, and Brady is a Vice President, of Claxton Poultry, a broiler chicken producer headquartered in Georgia.According to Pilgrim’s Pride, it provides 20% of all chicken consumed in the United States. Claxton Poultry says it produces 300 million pounds of poultry a year, and is a supplier for Chick-fil-A. The DOJ alleges that the foursome's actions caused chicken prices at restaurants and grocery stores to be impacted. “Particularly in times of global crisis, the division remains committed to prosecuting crimes intended to raise the prices Americans pay for food,” said Assistant Attorney General Makan Delrahim of the Department of Justice’s Antitrust Division. “Executives who cheat American consumers, restauranteurs, and grocers, and compromise the integrity of our food supply, will be held responsible for their actions.”The executives face a maximum sentence of 10 years, and a million fine, if convicted. Broiler chickens are chickens raised for human consumption and sold to grocers and restaurants. A request for comment has been left for Pilgrim’s Pride. 1584