Elon Musk, co-founder and chief executive officer of Tesla Inc., speaks during an unveiling event for the Boring Co. Hawthorne test tunnel in Hawthorne, California, U.S., on Tuesday, Dec. 18, 2018.
Robyn Beck | Bloomberg | Getty Images
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12:08 pm: Coffee futures pacing for first positive week of 2020
Coffee futures are up nearly 10% this week, putting the commodity on track for its first positive week of the year, and its best week since May. Weather and crop concerns in Brazil and Uganda are fueling the gains, although for the year coffee is still down 15% due to a fall in demand in China as the coronavirus outbreak continues. – Francolla,…