Business

[ad_1] US regulators have allowed the emergency use of the experimental drug remdesivir, which appears to help some coronavirus patients recover more quickly. It is the first drug to help fight Covid-19, which has killed more than 230,000 people worldwide. Donald Trump announced the news Friday at the White House …

[ad_1] The Food and Drug Administration has granted emergency use authorization for the drug remdesivir from Gilead Sciences to treat Covid-19, the disease caused by the coronavirus, President Donald Trump announced Friday. Trump made the announcement in the Oval Office alongside Gilead CEO Daniel O’Day. “We want to thank the …

[ad_1] The Dow Jones Industrial Average started in May on a sour note, falling as low as 2.7%, or 648 points, amid fresh concern over the state of economic relations between the United States and China. Up to 12 of Dow’s 30 industrial stocks fell 3 points or more, led …

[ad_1] Tesla shares fell as much as 12% on Friday after CEO Elon Musk tweeted that the company’s shares are priced “too high.” The company just a few days earlier reported a strong quarter, sending shares higher. Tesla shares were trading at 760.23 just before Musk tweeted and then fell …

[ad_1] Chevron’s shares fell on Friday after the company warned that results will remain depressed as oil prices remain low, and said it was further reducing its 2020 capital spending plan. For the first quarter, Chevron reported earnings per share of $ 1.93, which included $ 680 million in one-time …

[ad_1] Tesla vehicles stop outside a Brooklyn showroom and service center on August 27, 2018 in New York City. Spencer Platt | fake pictures The coronavirus pandemic could help Tesla maintain its dominance in the US all-electric vehicle market. USA As traditional automakers reevaluate their spending on emerging technology. Starting …

[ad_1] Top view of Chevron profits, but oil company announces new spending cuts Derek Brower in London Chevron, the second-largest US oil majors, reported first-quarter earnings of $ 3.6 billion on Friday, up from $ 2.6 billion a year earlier, beating analyst expectations and breaking a trend of deep losses …

[ad_1] TThe Apex was almost finished. A new cruise ship for the Celebrity Cruises line, it was an imposing 117,000-ton vessel with luxuries like a “resort deck” with martini glass hot tubs and a cantilevered side-swing platform known as “the magic carpet.” “- to be used as an open-air restaurant. …

[ad_1] The President of the European Commission supported calls for an investigation into the origin of the new coronavirus and said China should be involved in the process. Lawmakers in countries like Germany, Sweden and Australia have called for an investigation into how the virus started, which has so far …

[ad_1] A woman in a face mask passes the New York Stock Exchange (NYSE) on February 3, 2020 on Wall Street in New York City. Johannes Eisele | AFP | fake pictures Stock futures fell sharply on Thursday night as traders analyzed the latest batch of big tech gains after …