Thomson Reuters Kodak’s shares rose 200% on Tuesday after the camera company obtained a $ 765 million government loan to manufacture drug ingredients in response to the pandemic. The group plans to launch a pharmaceutical division that will produce essential drug components currently in “chronic national shortage.” President Trump touted …
Read More »Royal Caribbean, Norwegian Cruise Line recruits health experts to shape security protocols for cruise ships in the pandemic era
Former FDA chief Scott Gottlieb, left, and former Secretary of Health and Human Services Michael Leavitt, center, are advising Royal Caribbean and Norwegian on security protocols for navigating the pandemic era. Royal Caribbean CEO Richard Fain says the findings will be made public. Getty Images (1); Bloomberg (2) Text size …
Read More »Chesapeake Energy filed for bankruptcy. Other oil and gas stocks could also be at risk.
Text size Paul Ratje / Getty Images Bond Investors Should Not Be Overly Surprised With Chesapeake Energy‘s bankruptcy. The oil and gas producer filed for Chapter 11 bankruptcy protection in a South Texas court on Sunday, after the company and its creditors agreed to the guidelines of a restructuring plan …
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