The cost to U.S. and European companies to relocate production from China could reach $ 1 trillion over five years, according to new research from Bank of America. The survey of the bank’s global analysts found that companies in more than 80% of the global sectors experienced supply chain disruptions …
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Text size The Food and Drug Administration on Tuesday rejected Gilead Science’s application for a will-be blockbuster arthritis medicine, blind investors. One analyst called the development a ‘near-worst-case scenario’ and a ‘shock’. Dreamstime The Food and Drug Administration’s decision to deny Gilead Science’s application for a wild medicine for blockbuster …
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While Uber Technologies Inc. and Lyft Inc. prepared this week to close on riding dogs in California, alternative modes of transportation on-demand say they are ready to pick up the slack. Uber UBER, -0.54% and Lift LIFT, + 1.43% must obey a San Francisco Superior Court judge’s order by midnight …
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Despite the urgency of beating COVID-19, health officials may delay the development of an effective vaccine. Authorities in the U.S. and elsewhere have yet to authorize an ethical charge investigation procedure called “trials with human challenge.” Challenge tests deliberately involve volunteers with the disease – which explains the official retention …
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WASHINGTON – The United States and China have agreed to double the number of airlines’ flights that the airlines can operate between countries, from four to eight a week. The deal marks a further narrowing of a distance between the world’s two largest economies over travel restrictions imposed during the …
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