CHICAGO (Reuters) – Scientists are only beginning to understand the wide variety of health problems caused by the new coronavirus, some of which may have persistent effects on patients and health systems for years to come, according to doctors and experts. in infectious diseases. FILE PHOTO: A health worker attends …
Read More »Nike slips on Covid-related surprise loss
Text size Gross margins fell 8.20 percentage points, even with fewer discounts, due to supply chain disruptions and related costs. Timothy A. Clary / AFP via Getty Images Nike shares fell after hours as the sporting goods retailer lost a surprise in its fiscal fourth quarter amid store closings as …
Read More »Fed bans share buyback, limits dividend payments for big banks after stress tests
On Thursday, the Federal Reserve banned more than 30 large US banks from repurchasing its shares and limited the size of dividends they could pay to shareholders due to the financial stress of the coronavirus recession. The Fed’s announcement came when the central bank released the results of the 2020 …
Read More »Public officials concerned about COVID-19 spike, UPMC is not
Allegheny County continued its surge in new coronavirus infections, with 45 other cases reported Wednesday. This follows Monday’s count of 45 cases, which was the highest daily total in more than a month. But UPMC, the state’s largest medical system, says it is important to have a broader view of …
Read More »Stock Market Today: Dow, S&P Live Updates for June 26, 2020
European stocks rose as the Netherlands promised new support for airlines and the German infection rate decreased. US stock futures fell, while the dollar stabilized. Trading volumes were light at the end of a hot summer week in Europe. Air France-KLM rose after securing a bailout from the Dutch government. …
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