Business

Singapore Airlines (SIA) welcomes the world’s first Boeing 787-10 aircraft (in the air) as it approaches after its flight from Boeing’s production facility in North Charleston, South Carolina at Singapore Changi Airport on March 28, 2018. ROSLAN RAHMAN | AFP | Getty Images As air carriers worldwide are caught in a “race against time” while
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Moderna in Cambridge, MA is pictured on Feb. 28, 2020. David L. Ryan | The Boston Globe via Getty Images A member of Moderna’s board of directors resigned to avoid any “potential or even apparent conflict of interest” during the company’s phase three trial for its potential coronavirus vaccine, the company announced Thursday.  Dr. Elizabeth
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New U.S. coronavirus cases increasingly look to have peaked, but Covid-19 hospitalizations and deaths continue to rise as they lag behind the surge in confirmed cases. Eight states, including California, Florida and Texas, all hit record-high average daily deaths on Wednesday, according to data from John Hopkins University. Wall Street received more pandemic-era economic data
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President Donald Trump continues to publicly tout the anti-malarial drug hydroxychloroquine as a Covid-19 treatment, despite scientific research that has shown no benefit of the drug for coronavirus patients. Across the country, cases are still increasing by the tens of thousands and the U.S. reports nearly 1,000 deaths, on average, every day. California, Florida, Texas and several
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Senate Republicans have unveiled their $1 trillion coronavirus relief plan as the virus continues to infect tens of thousands across the country everyday. The bill includes another round of stimulus paychecks for Americans and also sets aside funding for small businesses, Covid-19 testing capacity and schools. Two companies have now began the phase three trials
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Albert Bourla, Pfizer Gian Ehrenzeller | Keystone | AP President Donald Trump‘s executive orders aimed at lowering U.S. prescription drug costs will cause “enormous destruction” as the pharmaceutical industry races to develop vaccines and treatments for the coronavirus, Pfizer CEO Albert Bourla told investors Tuesday. Trump on Friday signed four executive orders designed to bring U.S. drug prices
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Congressional Republicans are expected to introduce their latest piece of coronavirus relief legislation on Monday, as economic benefits for many Americans run out. Treasury Secretary Steve Mnuchin said Sunday the administration could “move quickly” to implement any relief — the Treasury Department is responsible for sending stimulus checks out to Americans. On the vaccine front, the
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U.S. President Donald Trump speaks during a news conference about his administration’s response to the ongoing coronavirus pandemic at the White House on July 23, 2020 in Washington, DC. Drew Angerer | Getty Images President Donald Trump announced on Monday announced that the U.S. government has awarded Fujifilm a $265 million contract to expand the
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An Under Armour store front is seen on November 04, 2019 in Sunrise, Florida. Joe Raedle | Getty Images Under Armour shares tumbled Monday after the company disclosed it received notice of a possible enforcement action from the Securities and Exchange Commission related to the accounting treatment of sales it booked between the third quarter of
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President Donald Trump announced he was canceling the Jacksonville, Florida, portions of the Republican National Convention, scheduled for August, as the coronavirus continues to spread throughout the United States. The World Health Organization warned there’s no going back to the “old normal.” Meanwhile, Senate Majority Leader Mitch McConnell said Republicans will delay the release of their coronavirus
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