The Federal Reserve requires banks to resubmit their capital return plans in light of the tensions the coronavirus places on the financial system. Olivier Douliery / AFP / Getty Images Text size The banks’ shares sank in the post-market, after the Federal Reserve took a tougher-than-expected stance on payments to …
Read More »White House games on annexation of Israel; more planned conversations
President Donald Trump’s top national security advisers have been unable to make a decision on whether to support an Israeli plan to annex important parts of the land that the Palestinians claim for a future state. By MATTHEW LEE AP Diplomatic Writer June 25, 2020 6:40 PM 5 min read …
Read More »Coronavirus Live News: Cases on the Rise in 27 US States as CDC Estimates 20 Million Americans Could Have Been Infected | World News
1:00 am BST01:00 Brazil confirms 39,483 new cases, as Bolsonaro says he may have had Covid-19 Brazilian President Jair Bolsonaro said Thursday that he could have contracted the new coronavirus previously and could do another test to detect the disease, having already tested negative for the virus several times before. …
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 »American Airlines Stocks Suffer Sales Wave As COVID-19 Cases Increase
Shares of American Airlines Group Inc. sank to a seventh consecutive loss on Thursday, triggering a rebound in the broader airline sector, as continued improvement in travel demand collides with an increase in new COVID-19 cases to keep Wall Street sentiment under control. American Airlines USA Shares: AAL It plunged …
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