Pfizer Inc. P.F.E. -0.84% Said it may be ready to apply for emergency-use authorization of its Covid-19 vaccine by the end of November, believing that in late-stage human trials will yield positive efficacy and safety data, the first time it or any other leading Western vaccine developer This kind of …
Read More »Royal Caribbean’s $ 1 billion stock, debt and then cruise stocks lead the decline in the S&P 500
Getty Images Shares of cruise companies tumbled on Tuesday, hitting the Royal Caribbean Group the hardest after announcing a total of વાની 1 billion in public stock and private convertible debt and giving a booking update. Royal Caribbean Stock RCL, -12.87% Pigeon 11.1% in midday trading, to accelerate the SPX …
Read More »Regulators have fined Citigroup 400 400 million over ‘serious ongoing deficiencies’
Citigroup was fined by federal banking regulators on Wednesday Inc. C 0.97% Million 400 million and ordered the country’s third-largest bank to improve its risk-management systems, citing “significant ongoing shortcomings.” The consent order, approved by the board of New York Bank, blamed Citigroup for a reduction in “various areas of …
Read More »Pope Francis says coronavirus epidemic has exposed capitalist flaws
Rome (AP) – Pope Francis says the coronavirus epidemic has proved that the “magic principles” of market capitalism have failed and the world needs a new kind of politics that promotes dialogue and unity and rejects war at all costs. Is. Francis on Sunday gave his vision for the post-covid …
Read More »Stock market leaders appear to be the most sensitive to Biden’s tax plan
Major U.S. Technologi shares are sensitive to the rise in corporate-tax, which could lead to a Democratic sweep in November, potentially reducing one of the strongest drivers of market recovery this year. Bofa Global Research estimates that the tax proposals will reduce the expected revenue of companies in the S&P …
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