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The U.S. dollar was higher against its major counterparts in the European session on Wednesday, as the nation's service sector activity improved in June and investors awaited the release of the minutes of the Federal Reserve's June policy meeting for clues about the future path of monetary tightening. The...

uscoronavirus july06 With a whopping 179507 new cases reporting on Tuesday, the total number of people infected with coronavirus in the United States has risen to 88,067,242, as per Johns Hopkins University's latest data. 434 additional deaths on the same day took the total U.S. Covid casualties increased to 1,018,364. Florida reported the most number of cases - 32,328 - and deaths - 140. Covid deaths have increase

usstudents july06 In collaboration with leading organizations, the Biden Administration has launched the National Partnership for Student Success (NPSS) to provide students with an additional 250,000 tutors and mentors over the next three years. Under the American Rescue Plan, the administration has earmarked $122 billion in funding to help schools safely reopen and stay open, help students make up for lost learni

reliefforunionworkers july6 President Joe Biden will today announce the final rule implementing the American Rescue Plan's Special Financial Assistance program. The President will address union workers and retirees at the Max S. Hayes High School in Cleveland, Ohio, at 3:15 PM ET announcing the final rule. The American Rescue Plan provided critical assistance to working families and helped the country's economic recovery,

Metro (MTTWF.PK) said it raised its outlook for fiscal year 2021/22 due to rising inflation and better than expected business development. The company now expects annual adjusted EBITDA to grow by approximately 150 million euros - 230 million euros from the previous year. Previously it was expected...

Rivian Automotive, Inc. (RIVN) said on Wednesday that it has produced 4,401 vehicles at its facility in Normal, Illinois for the second quarter ended in June, and delivered 4,467 vehicles. For the March quarter, produced 2,553 vehicles and delivered 1,227 vehicles. Rivian added that the figures...

Applied Molecular Transport Inc. (AMTI) reported top-line phase 2 results from the MARKET combination trial for AMT-101 in biologic-naïve patients with moderate-to-severe ulcerative colitis. The company said these data suggest that combination treatment with AMT-101 earlier in the course of ulcerative...

Graham Holdings Company (GHC) said Wednesday that it has acquired a Toyota dealership and a Chrysler-Dodge-Jeep-Ram dealership in Woodbridge, from Lustine Automotive Group. The financial terms of the transaction were not disclosed. Christopher Ourisman, a member of the Ourisman Automotive Group family...

Medical technology company Inspire Medical Systems, Inc. (INSP) announced Wednesday that the U.S. Food and Drug Administration (FDA) has approved additional magnetic resonance imaging (MRI) scan conditions for use with Inspire therapy. This full-body MRI approval expands the Inspire use labeling that...

Truist Financial Corp. (TFC) announced the company will boost minimum U.S. hourly pay rate to $22 effective Oct. 1. Previously, the company's minimum wage ranged from $15-$18 per hour. The company said the new wage will positively impact approximately 14,000 Truist teammates, including 81% in client-facing...

Immunome Inc. (IMNM) said Wednesday that its COVID-19 cocktail (IMM-BCP-01) retains neutralizing activity against the most prevalent omicron subvariants in the U.S, BA.4/5 and BA.2.12.1. IMM-BCP-01 is a three-antibody cocktail targeting non-overlapping regions of the Spike protein of SARS-CoV-2, including...

Catalyst Biosciences, Inc. (CBIO) announced Wednesday that the Delaware Court of Chancery has denied the motion for expedited proceedings in the action brought by the plaintiff, JDS1, LLC. In making its determination, the Court ruled that it "[did] not view [JDS1's disclosure] claim as colorable"...

Shaw Communications Inc. (SJR) announced the early mediation between Rogers Communications Inc. (RCI.TO, RCI), Shaw, and the Commissioner of Competition did not result in a resolution of the Commissioner's objections to the proposed merger. The review process will continue as previously announced. Rogers...

Coherus BioSciences, Inc. (CHRS) and Shanghai Junshi Biosciences Co., Ltd. announced Wednesday that the U.S. Food and Drug Administration (FDA) has accepted for review the Biologics License Application (BLA) resubmission for toripalimab in combination with gemcitabine and cisplatin as first-line treatment...

The Bank of New York Mellon Corporation (BK) said on Wednesday that it has appointed Dermot McDonogh as Chief Financial Officer with effect from February 1, 2023. McDonogh will join the company on November 1. He joins BNY Mellon from Goldman Sachs, where he has worked for over 25 years, most recently...

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