Shell Oil Refinery at Pulau Bukom off Singapore on July 16, 2020. Roslan Rahman / Agence France-Presse / Getty Images European stocks traded lower on Thursday on the busiest day of the second-quarter earnings season, with growing concerns about a slow economic recovery and a possible second wave of the …
Read More »GE shares sink as CEO Culp can’t hit bottom in aviation business
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 …
Read More »PayPal CEO: “I don’t think there will be a reversal” of e-commerce after COVID-19
Shares of PayPal Holdings Inc rose 1.5% in out-of-hours trading on Wednesday after the digital payments company showed strong growth in its business stemming from increased use of digital payments during the COVID-19 crisis. Read: PayPal Exceeds Earnings Expectations as COVID-19 Drives Ecommerce Growth Strong “The world has moved into …
Read More »Dr. Fauci recommends wearing glasses to avoid contracting the coronavirus.
Dr. Anthony Fauci says that eye protection may be recommended at some point to help prevent the spread of COVID-19. The infectious disease expert sat down for a remote Q&A with ABC News via his Instagram account on Wednesday, and his comments on the glasses raised many eyebrows on social …
Read More »Kodak’s shares triple when the company announces a pandemic plan to start manufacturing pharmaceutical ingredients.
The Trump administration’s $ 765 million loan to Eastman Kodak Co. for the launch of a business that makes pharmaceutical ingredients caused the actions of the iconic camera company to skyrocket. Kodak’s stock KODK, + 309.82% More than 200% recovered on Tuesday after the Trump administration announced the news. The …
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