WASHINGTON / CHICAGO (Reuters) – CEOs of major US airlines will hold a meeting on Friday to discuss various travel issues related to the coronavirus, including a push to convince the federal government to order temperature controls for passengers, three people They reported on the matter, he said. FILE PHOTO: …
Read More »Gilead’s remdesivir to become Europe’s first COVID-19 therapy
(Reuters) – Doctors in Europe will soon be able to treat COVID-19 patients with Gilead (GILD.O), antiviral drug, remdesivir, after the support of the health regulator set it on the path to becoming the first therapy for the disease on the continent. FILE PHOTO: Pharmaceutical company Gilead Sciences Inc is …
Read More »Top CEOs of American airlines to hold meeting at White House on Friday
WASHINGTON / CHICAGO (Reuters) – CEOs of major US airlines will hold a meeting on Friday to discuss various travel issues related to the coronavirus, including a push to convince the federal government to order temperature controls for passengers, three people They reported on the matter, he said. FILE PHOTO: …
Read More »Bank regulators ease with Volcker rule
Text size JPMorgan Chase shares rose in response to the news. Spencer Platt / Getty Images Bank investors who braced themselves for the bad news on Thursday got at least one dose of something positive: regulators eased the risk-taking restrictions imposed after the 2008-09 financial crisis. The Federal Deposit Insurance …
Read More »The Fed limits bank dividend payments and suspends share buybacks for the third quarter after stress tests
On Thursday, the Federal Reserve voted in favor of requiring large banks to preserve capital by suspending share buybacks and dividend payments in the third quarter. In a 4-to-1 vote, the Fed will tie dividend distribution to a formula based on recent earnings. The formula establishes the third quarter dividends …
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