WASHINGTON – The signal was not subtle. While China practiced amphibious landings in a disputed area of the South China Sea earlier this month, the US Navy sent two aircraft carriers to the area “to support a free and open Indo-Pacific,” the Navy said in a statement. It is unclear …
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What happened Actions of Wells Fargo (NYSE: WFC) It fell 4.6% on Tuesday, after the financial services company’s second-quarter results were released. And that Wells Fargo’s second-quarter report was disappointing, to say the least. The bank’s revenue fell 18% to $ 17.8 billion, in part due to losses related to …
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President Donald Trump on Tuesday ordered the end of Hong Kong’s special status under US law to punish China for what he called “aggressive actions” against the former British colony. Citing China’s decision to enact a new national security law for Hong Kong, Trump said he signed an executive order …
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Citigroup (NYSE: C) It posted $ 1.3 billion profit in the second quarter, a 73% drop from the second quarter of 2019 and 48% from the first quarter. Earnings per share fell 74% to $ 0.50. Despite the precipitous drop, the bank outperformed analyst estimates with higher-than-expected business income. Overall, …
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Former Secretary of Health and Human Services Tom Price shares ideas about developing a coronavirus vaccine and what society must do until a vaccine is created. Moderna’s shares rose more than 14 percent in trading after hours after the positive results of the company’s “Phase 1” study of its vaccine …
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