Text size Illustration by Mike Haddad. Investors analyzed concerns about the virus midday Thursday, taking advantage of some early gains even amid mixed data. The Dow Jones Industrial Average and S&P 500 rose 0.2% in recent trade, while the Nasdaq Composite rose 0.4%. The latest unemployment figures show that while …
Read More »Unemployment claims remain stubbornly high as Covid-19 Spike scares employers
Hundreds of unemployed Kentucky residents wait outside the Kentucky Career Center for help with their unemployment claims late last week in Frankfort. John Sommers II / Getty Images Text size A downward trend in first-time unemployment insurance claims stagnated in the past week, showing how long it will take for …
Read More »Moderna targets third quarter for first doses of possible COVID-19 vaccine with Catalent deal
(Reuters) – Moderna Inc (MRNA.O) said Thursday that it was partnering with contract pharmacist Catalent Inc (CTLT.N) to prepare 100 million initial doses of its coronavirus vaccine for the United States, starting in the third quarter of this year. FILE PHOTO: A sign marks the headquarters of Moderna Therapeutics, which …
Read More »Gilead’s remdesivir to become Europe’s first COVID-19 therapy
(Reuters) – Doctors in Europe will soon be able to treat COVID-19 patients with Gilead (GILD.O), antiviral drug, remdesivir, after the support of the health regulator set it on the path to becoming the first therapy for the disease on the continent. FILE PHOTO: Pharmaceutical company Gilead Sciences Inc is …
Read More »US orders for high-priced factory products increased 15.8% in May
Orders to US factories for high-value products recovered last month from a disastrous April and March when the US economy slowly began to reopen By PAUL WISEMAN AP Economics Writer June 25, 2020 1:46 PM 2 min read 2 min read Share on FacebookShare on TwitterEmail this article WASHINGTON – …
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