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Tesla said it will produce ventilators at its Gigafactory in Buffalo, New York to support the city's hospitals amid the coronavirus pandemic. New York is the worst affected state in the U.S. "Giga New York will reopen for ventilator production as soon...

consumer sentiment 032720 lg

Consumer sentiment in the U.S. deteriorated by much more than initially estimated in the month of March, according to revised data released by the University of Michigan on Friday.

uscapitol 100318 27mar20 lg

Despite some last-minute drama, the House voted Friday to approve a massive $2 trillion stimulus bill designed to respond to the economic fallout from the coronavirus pandemic. The House eventually voted to approve the legislation by a voice vote,...

wallstreet sept27 27mar20 lg

Stocks staged a recovery attempt in afternoon trading on Friday after coming under pressure early in the session but pulled back sharply going into the close. The Dow posted a steep loss after recording its biggest three-day spike since 1931.

harveyweinstein march23 lg

Disgraced former Hollywood mogul Harvey Weinstein has tested positive for coronavirus. He was infected with the deadly virus while in prison, reports quoting Michael Powers, president of the New York State Correctional Officers and Police Benevolent...

amazon2 22mar20 Amazon is temporarily boosting overtime pay for hourly workers in its U.S. warehouse to tackle an increasing number of orders due to coronavirus. Meanwhile, Amazon founder Jeff Bezos warned employees that the coronavirus outbreak will likely get worse before it gets better.
asiancommentary jan03 22mar20 Asian stock markets are sharply lower on Monday amid growing worries about the impact of the coronavirus pandemic on the global economy. More countries and regions are resorting to shutdowns and border closures to prevent the spread of COVID-19, raising concerns about their impact on economic activity. The coronavirus pandemic continues to spread rapidly across the world.
newzealandcentralbank sept25 22mar20 The New Zealand government on Monday announced further support for the economy as the country prepares for the Alert Level 4 in the fight against covid-19. The central bank has decided to implement NZ$30 billion asset purchase programme as the negative economic implications of the coronavirus outbreak continued to intensify.
asian market down 23mar20 European stocks set to open sharply lower on Monday to extend recent losses as countries around the world race to contain the ballooning coronavirus outbreak by imposing unprecedented lockdown measures. As the global death toll exceeded over 14,000...
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uscapitol 100318 27mar20 Despite some last-minute drama, the House voted Friday to approve a massive $2 trillion stimulus bill designed to respond to the economic fallout from the coronavirus pandemic. The House eventually voted to approve the legislation by a voice vote, overcoming an objection by Republican Congressman Thomas Massie of Kentucky.
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tesla 032720
Tesla said it will produce ventilators at its Gigafactory in Buffalo, New York to support the city's hospitals amid the coronavirus pandemic. New York is the worst affected state in the U.S. Last Saturday, Musk tweeted that he "had a long engineering discussion with Medtronic about state-of-the-art ventilators.
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The Canadian stock market ended sharply lower on Friday as fears of a global recession and rising worries about the coronavirus pandemic outweighed massive stimulus measures from central banks and governments, and prompted investors to cut down positions.
gm march27
General Motors Co. is delaying work on new vehicle models and is cutting pay for its executives as part of efforts to conserve cash amid the coronavirus or Covid-19 pandemic. The automotive giant also extended the shutdown of North American plants indefinitely. Multiple reports cited an internal memo that salaried workforce will have 20 percent of pay deferred starting April 1.
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Tech Mahindra Ltd. joined the Marco Polo trade finance network to use the platform's distributed ledger technology (DLT) for developing improved international trade finance solutions for its customers. Singapore-based DBS Bank acted as Tech Mahindra's leading trade bank. The Marco Polo Network allows members to offer and access a complete suite of trade and working capital solutions. Read More
While the governments, researchers, companies among others are in search of one or more treatments that can help address the deadly Coronavirus, investors are in search of investment opportunities in biotech and pharmaceutical stocks. The following are some of the companies developing drugs/vaccines for COVID-19. Read More
Dr. Reddy's Laboratories Ltd. is recalling four lots of Phytonadione Injectable Emulsion Ampules, the U.S. Food and Drug Administration said in a statement. The recall was initiated after receiving complaints of ampules breaking and shattering, upon opening, during compounding. Dr. Reddy's said it has received reports of cuts in skin and lacerations to health care professionals. Read More
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Economic Calendar
DateIndicatorPeriodCountry
03/27/20 13:0Baker Hughes - Rig CountMAR 27 United States
03/27/20 10:0Univ. of Mich. Consumer Confidence IndexMAR United States
03/27/20 9:0Interest Rate Decision- Canada
03/27/20 8:30Non-Farm Payroll (M-o-M)JAN Canada
03/27/20 8:30Avg Weekly EarningsJAN Canada
03/27/20 8:30Core PCE Deflator (Y-o-Y)FEB United States
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FDA Calendar
Event DateSymbolDrug NameEvent Name
06/26/20HRTXHTX-011 (Resubmitted NDA)FDA decision on HTX-011 for the management of postoperative pain
06/26/20ICPTObeticholic acid (NDA)FDA decision on obeticholic acid for fibrosis due to nonalcoholic steatohepatitis
06/25/20ZGNXFINTEPLA (NDA)FDA decision on FINTEPLA for the treatment of seizures associated with Dravet syndrome
06/23/20TKPHF.PK, TAKALUNBRIG (NDA)FDA decision on ALUNBRIG as first-line treatment for patients with anaplastic lymphoma kinase-positive (ALK+) metastatic NSCLC
06/19/20GSK.L, GSKBelantamab mafodotin (BLA)FDA decision on Belantamab mafodotin for the treatment of patients with relapsed or refractory multiple myeloma
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