Text size (Photo by Drew Angerer / Getty Images) Getty Images Investors bet that Joe Biden will win the presidential election buying shares for clean energy, sending some companies’ share prices soaring. The WilderHill Clean Energy Index, a compilation of green power companies listed on U.S. exchanges, rose to a …
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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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Text size Getty Images Vestas Wind Systems‘s stock hit record highs on Tuesday as strong demand in the US for wind turbines in the second quarter drove upward sales. The world’s largest wind turbine manufacturer restored its lead year-on-year as sales rose to € 3.5 billion – a 67% increase …
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The numbers: The number of Americans applying for unemployment benefits increased for the second consecutive week, a sign that economic growth may be stagnant in late July. Claims had declined steadily after peaking in late March. Initial jobless claims rose by 12,000 to 1,434 million in the week ending July …
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Shares in General Electric Co. sank into volatile operations on Wednesday after the diversified industrial conglomerate said it suffered “general” weakness in the second quarter and indicated that its aviation business could take years to recover from the effects of the pandemic. COVID-19. The GE stock, -4.35% It took a …
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