The top Republicans in the U.S. Congress displayed a united front on Friday in their drive to include coronavirus-related liability protections for businesses, saying such measures will be crucial to talks about future relief legislation.
I’m interested in growth because I’m young and my risk tolerance is higher. Companies that pay dividends don’t appeal to me because I don’t need the recurring income, as I have a job to pay my bills. I would rather see companies use that money to fuel their growth in the short and long term. […] …read more […]
Big Macs delivered on meal trolleys, hand sanitizers at the entrance and designated waiting spots to separate customers could become a feature of McDonald’s restaurants in the Netherlands when they are allowed to reopen.
(Bloomberg) — A Gilead Sciences Inc. analyst advised investors to take their profits on the company’s $26.5 billion surge amid uncertainty on how the drugmaker could generate revenue from its Covid-19 drug candidate, remdesivir.The biopharmaceutical company’s plan to make the drug “affordable” and give away free doses for the time being clouds expectations of how it can use the medicine to turn a profit, SunTrust analyst Robyn Karnauskas warned clients in a note, downgrading the stock to sell from hold.“While we commend Gilead and do believe during this pandemic the company is doing the right thing, fundamentally we find the …read more […]
U.S. stocks fell at open on Friday after President Donald Trump threatened to slap new tariffs on China over the coronavirus crisis, while Apple and Amazon became the latest companies to warn of more pain in the future.
Ryanair is laying off 15% of its staff in a cost-cutting drive as coronavirus restrictions prevent a return to normal service until 2021 and rivals receive billions in state aid to get back in the air, its chief executive said on Friday.
U.S. stock indexes were set to fall at the open on Friday after President Donald Trump threatened to slap new tariffs on China over the coronavirus crisis, while Apple and Amazon became the latest companies to warn of more pain in the future.
Cedars-Sinai is embroiled in a political battle over Trump’s remarks on a potential virus treatment. …read more […]
Chevron Corp has no plans to wind down all operations or exit Venezuela, Chief Executive Officer Mike Wirth told CNBC, days after the Trump administration barred the U.S. oil major from drilling or transporting oil in the South American nation.
Exxon Mobil Corp joined a parade of oil companies posting downbeat results as it posted a first-quarter loss after a nearly $3 billion inventory writedown on plunging oil demand and low prices. Oil giants have largely reported losses because of weaker margins and writedowns from an oil glut that has has sent prices to historic lows. Exxon said profit fell in every business apart from chemicals, which benefited from low oil and gas prices. …read more […]
Industrial conglomerate 3M Co said on Friday it sued five vendors for allegedly attempting to target government officials with fraudulent offers to sell billions of nonexistent N95 respirators.
As Democratic presidential hopefuls descended on New Hampshire prior to the state’s Feb. 11 primary, John Tackeff was busy.
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