Text size Justin Sullivan / Getty Images Pacific Gas and Electric shares opened higher on the first day of trading for the California utility company after emerging from bankruptcy. PG&E (ticker: PCG) requested the Chapter 11 reorganization in January 2019 after it was discovered that their team caused some of …
Read More »Mortgage rates reached a new all-time low before the weekend of July 4
Could average mortgage rates fall below 3%? If the recent trend continues, it is a clear possibility. The 30-year fixed-rate mortgage averaged 3.07% for the week ending July 2, six basis points less than the week before, Freddie Mac FMCC, + 1.59% reported Thursday. In comparison, these loans had an …
Read More »Pfizer’s shares rise as the company reveals the timeline for the coronavirus vaccine.
Text size Daniel Acker / Bloomberg Shares of the large pharmaceutical company Pfizer continue to rise one day after the company revealed promising and detailed data on a trial of its experimental vaccine Covid-19. Analysts said the highly aggressive timeline the company outlined on Wednesday was exciting, but far from …
Read More »‘All of these advertisers will be back soon’
Posted: Jul 2, 2020 at 7:50 am ET Mark Zuckerberg, CEO of Facebook Inc., speaks during the Silicon Slopes Technology Summit in Salt Lake City, Utah, on January 31. Bloomberg news Hundreds of companies around the world have joined a temporary boycott against Facebook Inc., but CEO Mark Zuckerberg says …
Read More »Zuckerberg said he said about the Facebook ad boycott: “All of these advertisers will be back soon.”
Hundreds of companies around the world have joined a temporary boycott against Facebook Inc., but CEO Mark Zuckerberg says he is not concerned and has no intention of changing his policies, according to a new report. “ “I guess all of these advertisers will be back on the platform soon …
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