Text size Joseph Prezioso / Getty Images Shares of Modern biotechnology fell 6.2% on Thursday afternoon after health news website Stat reported that the company was delaying the start of a Phase 3 trial of its experimental Covid-19 vaccine. The report, based on quotes from unidentified sources described as “investigators,” …
Read More »Florida Registers 10,000 New Coronavirus Cases, Largest Daily Rise Since Pandemic Started
Florida has just set a new record in the uphill battle against COVID-19. Florida reported more than 10,000 new cases Thursday, its highest number of new cases daily since the COVID-19 pandemic began. It also reported about 169,100 cases, most of which do not represent those who are asymptomatic or …
Read More »European stocks could be ready for a comeback. Where investors can find signs of a recovery.
Europe has increased the stimulus, with countries like France launching larger-than-expected packages to boost the economy. Philippe Lopez / Getty Images Text size While the state of the Covid-19 pandemic in the US and China has been largely focused, Europe has quietly progressed. Policy makers have come together and worked …
Read More »Here’s why America’s struggles with the coronavirus could lead to Europe’s stock market taking the lead.
A growing number of prominent Wall Street institutions are making the prediction that 2020 will be the year for Europe’s stock market to overshadow its American counterpart as the coronavirus takes divergent paths across the two economic powers. Despite the United States struggling to curb the deadly COVID-19 disease, the …
Read More »Airlines are taking new bailout cash as prospects worsen
Text size Daniel Slim / AFP via Getty Images American Airlines Group and other companies are queuing for more rescue funds under the Care Act, as the industry faces an increasingly precarious situation due to an increase in coronavirus cases. Five major airlines signed a letter of intent with the …
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