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Here's how much Covid-19 drug remdesivir will cost Gilead Sciences, the company that makes Covid-19 drug remdesivir, announced in an open letter this morning that it has decided to set a price of $390 per vial for the US government, which would include Medicaid, and for the governments of developed ...
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Oil drops on sharp uptick in coronavirus cases globally LONDON (Reuters) - Oil prices slid on Monday as sharp spikes in new coronavirus infections around the world forced some countries to resume partial lockdowns, raising concerns about the pace of economic recovery and fuel demand. FILE PHOTO: The sun ...
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Iraq lowers June oil exports, still pumps above OPEC+ target LONDON - Iraq's oil exports have fallen by almost 9% or 310,000 barrels per day (bpd) in June, loading data and industry sources showed, suggesting OPEC's second-largest producer has delivered about three-fifths of its pledge in an OPEC-led supply cut ...
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Two bank stocks could still be a buy after Fed exposes problem areas Banks' dividends could be at risk. Banking stocks tumbled Friday after the Federal Reserve highlighted potential vulnerabilities in the sector. The central bank suspended buybacks and capped dividends on financial institutions through the third quarter after its ...
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How Covid-19 Has Impacted The Global Startup Scene [Infographic] Even though the global startup economy remains large, generating nearly $3 trillion in value, it is being battered by the Covid-19 crisis. Even before the pandemic erupted, the situation was far from ideal with inclusion remaining a fundamental challenge, ...
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Facebook expands its fan subscription program Facebook is expanding the availability of the tools it offers to help game streamers and other online creators make money. The social network first launched fan subscriptions in early 2018, giving a small group of creators in the United States and the United ...
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China unveils cross-border wealth management scheme with Hong Kong, Macau HONG KONG/SHANGHAI (Reuters) - China announced details of a long-expected pilot scheme on Monday that links investments and financial services between the semi-autonomous economies of Hong Kong and Macau and their neighbouring cities on the ...
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Amazon gives front-line workers a $500 coronavirus bonus Amazon on Monday said it will provide warehouse, delivery, Whole Foods workers, as well as some Flex drivers, with a one-time "Thank You" bonus for working during the coronavirus pandemic. Full-time Amazon employees will receive a $500 bonus, while ...
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The Fed reveals which companies make its corporate-bonds shopping list The Federal Reserve on Sunday released a list of roughly 750 companies, including Apple, Walmart and ExxonMobil, whose corporate bonds it will purchase in the coming months in an effort to keep borrowing costs low and smooth the flow of credit.
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Beyond Meat Stock Gets a Double Downgrade, to Sell A longtime bull on Beyond Meat stock slashed his rating from the equivalent of Buy to Sell, skipping Hold and joining the majority of Wall Street analysts who are lukewarm or cold toward the faux-meat startup. Analysts don't often double-downgrade stocks.
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US FDA declines to approve Intercept's NASH therapy; shares plunge (Reuters) - The U.S. Food and Drug Administration declined to approve Intercept Pharmaceuticals Inc's therapy for a progressive liver disease, the company said on Monday, sending its shares down 37% before the bell. The agency found that the predicted ...
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China reports another plunge in tourism revenue as the recovery from the coronavirus shock drags on Roughly 48.81 million tourist trips during the latest public holiday in China brought in revenue of 12.28 billion yuan ($1.73 billion), a drop of 68.8% from the 39.33 billion yuan in tourism revenue during the festival last year, according to official data. "These data ...
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After CureVac nabs government backing, BioNTech sees $250M private investment As two of Germany's brightest COVID-19 pandemic vaccine biotechs continue to speed on with their clinical work, both have seen big cash injections to help them—but from very different sources. Two weeks ago, Germany said it was taking a 23% stake, ...
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Artlist raises $48M led by KKR for its royalty-free music, video and sound effect library Like it or loathe it, video has proven to be the most engaging of all mediums across the web, and today a company out of Israel called Artlist -- which provides royalty-free libraries of music, sound effects and even video itself to enhance video content -- is ...
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PRECIOUS-Gold holds close to near 8-year peak as virus cases spike ... * Gold on track for third straight monthly gain and biggest quarterly rise in over four years * Specs raise gold bullish positions in week ended June 23 - CFTC * SPDR Gold Trust holdings rise 0.3% on Friday * Spot gold set to break resistance at $1,778/oz ...
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Aurora Cannabis Announces Retirement of Terry Booth from Board of Directors NYSE | TSX: ACB. EDMONTON, AB, June 29, 2020 /PRNewswire/ - Aurora Cannabis Inc. (the "Company" or "Aurora") (NYSE: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, today announced that Co-Founder Terry ...
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Heron Therapeutics Receives Complete Response Letter for HTX-011 for the Management of Postoperative Pain SAN DIEGO, June 29, 2020 /PRNewswire/ -- Heron Therapeutics, Inc. (Nasdaq: HRTX), a commercial-stage biotechnology company focused on improving the lives of patients by developing best-in-class treatments to address some of the most important ...
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Ten Years After IPO, a Look Back at Tesla's Extraordinary Decade Tesla Inc. has grown from Silicon Valley gadfly to the world's second-largest automaker by market capitalization in the decade since its initial public offering. It's been a roller-coaster ride for the electric-car maker's shareholders, who have experienced ...
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Waiting for Another Stimulus Check? Here Are 5 Things You Need to Know For the millions of American families whose first COVID-19 stimulus payment has already been spent, the wait is on for a second check. But if you've got your eyes on Washington, D.C., and are hoping lawmakers will come through to provide the funds you ...
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Burger King Gets Back to Pre-COVID Sales It's been 18 months since Jose Cil, after 18 years with Burger King, took the reins at parent company Restaurant Brands International. The fast-food giant's former president rolled right into a refresh, with a focus on guest experience, employee engagement, ...
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Lookers fraud probe reveals £19m hole in accounts Car dealership Lookers has agreed to correct its accounts after auditors found it overstated profitability by a total of £19m over several years. Auditors Grant Thornton have been investigating potential fraud at the Altrincham-based firm. Their draft report found ...
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Nissan Officials Face Angry Shareholders on Red Ink, Scandal TOKYO — Nissan Chief Executive Makoto Uchida told shareholders Monday he is giving up half his pay after the Japanese automaker sank into the red amid plunging sales and plant closures in Spain and Indonesia. Uchida apologized for the poor results ...
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Shaquille O'Neal Unveils 'Shaq-Sized Pizza' at Papa John's With Double the Cheese and Pepperoni Proceeds from each Shaq-A-Roni pizza will benefit the Papa John's Foundation. By Mary Honkus. June 29, 2020 08:00 AM. Advertisement. FB Tweet More. Pinterest Email Send Text Message Print. Video Player is loading. Play Video. Play. Mute.
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Tim Hortons® US Celebrates 4th of July with Patriotic DIY Donut Kit NEW YORK--(BUSINESS WIRE)--Jun 29, 2020--. Tim Hortons ® U.S. is celebrating Independence Day on July 4 by offering a themed DIY donut kit for guests to decorate their own red, white and blue patriotic treats. Also for July 4 th, get your taste buds ready ...
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Ohio couple finds swastika of pepperoni on their take-home pizza BROOK PARK, Ohio (WJW)– One of Little Caesars' Hot N' Ready Pizzas recently left a customer near Cleveland fuming. "She turned and asked me 'Babe, did you order this, did they make it for you?' And I turned around and looked at it and I could see the ...
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Lansing gas prices rise 11 cents per gallon LANSING, MI (WILX) -- Gas prices in Lansing average $2.17 per gallon Monday, as gas prices rise 11 cents per gallon in the past week, according to a report from GasBuddy. Prices in Lansing are 19.6 cents per gallon higher than a month ago and are 55.7 ...
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Musical instrument firms Roland and Korg fined £5.5m over UK price fixing The keyboard and electric drum kit makers Roland and Korg have been fined a combined total of £5.5m, as part of the UK competition watchdog's crackdown on price fixing across the musical instrument industry. The Competition and Markets Authority (CMA) ...
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Bagged salad recall expands to Walmart amid cyclospora outbreak (CNN/Gray News) - The Food and Drug Administration has linked more items to a multi-state outbreak of cyclospora infections that has hospitalized 23 people. Walmart is recalling 12-and 24-ounce bags of Marketside Classic Iceberg Salad. The items have ...
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Airbus sees output down 40% for two years as job cuts loom The sources have predicted phased cuts of between 14,000 and 20,000 jobs based on the production targets. Facebook; Twitter; Print; Email. Reuters. close. Fox Business Flash top headlines are here. Check out what's clicking on FoxBusiness.com video ...
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Japan's NTT to build renewable energy business, says Nikkei TOKYO: Japan's Nippon Telegraph and Telephone (NTT) will develop a renewable energy business with its own electricity grid and is likely to invest over 1 trillion yen ($9.3 billion) by fiscal 2030, Nikkei reported on Monday. The move by the ...
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Financial, energy stocks drag Indian shares as virus spread weighs BENGALURU, June 29 (Reuters) - Indian shares closed lower on Monday, dragged by financial and energy stocks, as a jump in coronavirus cases at home and around the world stoked fears of renewed restrictions, dimming hopes of a quick economic ...
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Vocal for local: Here is how many Indians care about 'country of origin' while buying online Most Indians buying online are more interested in price, delivery date, ratings, and reviews, than the 'country of origin' information about the products they are looking to purchase, according to a survey asking consumers "what all information do they generally ...
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IHH reports lower Q1 revenue as patients defer visits due to Covid-19 KUALA LUMPUR: IHH HEALTHCARE BHD posted a weaker first quarter results as patients postponed non-urgent treatment and hospital visits due to the Covid-19 pandemic. Revenue dropped 2% to RM3.56bil in the three-month ended March 31, while ...
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Tata Steel Q4 net loss widens to ₹1236 crore on asset impairment India's largest private steel producer Tata Steel reported consolidated net loss of ₹1,236.17 crore for the March 2020 quarter a provision for impairment on asset held within the European operations, overseas mining and Indian operations. The company had ...
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L'Oreal to remove 'whitening', 'lightening' and 'fair' from skin care products Customers are boycotting French cosmetics giant L'Oreal after the brand announced it would remove the words "white" and "whitening" from its products, but would still continue selling them. The move angered activists who had already forced other big ...
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Outdoor Voices founder Tyler Haney has returned to the athletic wear brand following her abrupt departure in February Tyler Haney has returned to buzzy athletic wear brand Outdoor Voices after abruptly leaving the company in February. According to a WWD report, Haney will not resume her former CEO duties but will take an active role as a board member. The company ...
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Nikola sells US$5000 reservations for a truck with no prototype Even in the innovative world of electric vehicles, it's an unusual proposition: Plunk down as much as US$5,000 now to reserve the right in a few years to buy a battery-powered truck, before seeing a prototype or manufacturing plan to assure it'll ever be built.
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Telegram to pay fine of $18.5 million, return investor money WASHINGTON: Telegram Group Inc has agreed to return $1.2 billion (972.84 million pounds) to investors and pay an $18.5 million civil penalty to resolve charges over an unregistered digital token coin offering, the U.S. Securities and Exchange Commission ...
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Gold prices near steady as pandemic infections continue to surge Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Gold prices are trading near unchanged in early U.S. ...
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US coronavirus cases surge, worldwide death toll exceeds 500000 ROME — Another tragic milestone was passed Sunday in the coronavirus pandemic: 500,000 deaths worldwide. The reported tally comes from Johns Hopkins University researchers. About 1 in 4 of those deaths – more than 125,000 – have been reported in ...
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As India-China border tensions intensify, some key sectors are caught in the crossfire While patriotism is a virtue, jingoism is a vice," Justice Gita Mittal said during her tenure as acting Chief Justice of Delhi high court. With voices of boycotting Chinese products increasing by the day, the line where patriotism ends and jingoism starts is getting a ...
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Online used-car seller Shift to go public through reverse merger (Reuters) - Online used-car seller Shift Technologies on Monday said it plans to go public later this year through a reverse merger with a blank-check company, as U.S. capital markets rebound after the coronavirus crisis forced companies to halt new listings.
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S&P affirms China; flags risk to growth from coronavirus, tensions with US (Reuters) - Credit rating agency S&P Global Ratings on Monday affirmed China's sovereign credit ratings at 'A+/A-1' with a stable outlook, amid the ongoing coronavirus outbreak. S&P said China is likely to maintain above-average economic growth relative to ...
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Highest single-day COVID-19 spike in Windsor-Essex, including 96 in agri-farm workers WINDSOR, ONT. -- The Windsor-Essex County Health Unit is reporting 98 new cases of COVID-19, with 96 positive cases associated with one agri-farm that did asymptomotic testing this past week. "The Health Unit is working closely with the ...
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Opportune time for financial services players to embark on a cloud journey By Subram Natarajan Financial services firms are navigating a truly challenging environment. The post-COVID-19 scenario will amplify this situation and will force these organizations to differentiate themselves more deeply from their peers, as they look to ...
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What has Bain got in store for Virgin Australia? After being chosen as Virgin Australia's preferred bidder late last week, many have been wondering what Bain Capital has planned for the struggling airline. Will it inject as much as $600 million in cash to keep the airline running? Will it scrap Virgin's VIP ...
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Exicure, Inc. Added to Russell 2000® Index CHICAGO & CAMBRIDGE, Mass.--(BUSINESS WIRE)--Jun 29, 2020--. Exicure, Inc. (NASDAQ:XCUR), the pioneer in gene regulatory and immunotherapeutic drugs utilizing spherical nucleic acid (SNA™) technology, today announced that it has been added ...
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'No way' govt will switch to GApple app The government will "absolutely not" switch to the Google and Apple model for digital contact tracing, despite its own version yet to provide any useful data after more than two months. While there have been calls for the federal government to pivot its open ...
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Employer-Based Health Care, Meet Massive Unemployment In the early months of 2020, Americans were engaged in the perennial election-year debate over how best to reform the nation's health care system. As usual, the electorate was torn and confused. Polling indicated that a small majority of likely voters favored ...
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Applying for CERB? Beware the Hidden Tax Another month, another round of the Canadian Emergency Response Benefit (CERB) approved by the federal government. In fact, the benefit has even been recently extended to 24 weeks for a number of workers. While this might be seen as a positive, many ...
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