logo

TODAY'S TOP STORIES

Share

uscoronavirus april20 24may20 As the companies race against time to develop antibiotics or vaccines against the novel coronavirus, here's what happened in the COVID-19 drug/vaccine development space in the week that went by.

wallstreet aug14 22may20 Stocks showed a lack of direction over the course of the trading session on Friday before ending the day little changed. The major averages spent much of the day bouncing back and forth across the unchanged line before closing mixed.

ecbank sep12 22may20 Policymakers are ready to boost stimulus measures as early as June after the coronavirus, or Covid-19, pandemic hurt the euro area economy severely and cast a pall over the near term outlook, minutes of the April 29-30 policy session signaled Friday.

wallstreet oct10 22may20 Selling pressure has remained relatively subdued, but stocks continue to see modest weakness in mid-day trading on Friday. With the drop on the day, the major averages are extending the pullback seen in the previous session.

drug vessel 052220 In a rare operation in the high sees, a guided missile destroyer of the U.S. Navy intercepted a drug vessel in the eastern Pacific Ocean, and seized an estimated 3,000 pounds of cocaine, worth more than $28 million in international market. The USS Pinckney, with an embarked Coast Guard law enforcement team on board, conducted the successful operation on May 14. A patrol aircraft assigned to the

jetblue may22 JetBlue Airways said it will continue to block middle seats in rows where passengers are not traveling together through the July 4 holiday. JetBue will block middle seats on its Airbus aircraft, while it will block aisle seats on its smaller Embraer 190 aircraft. Customers traveling together will be allowed to sit in the middle and aisle seats.

dojcoronavirus may22 An employee in Atlanta has been charged with fraud after falsely telling his Fortune 500 employer that he had tested positive for coronavirus, causing a loss of more than $100,000 to the company. According to the charges, Santwon Antonio Davis submitted to his employer a fake medical excuse letter to prove he was infected with the deadly disease. In concern for its employees and customers, the c

wallstreet aug20 22may20 Stocks are turning in a relatively lackluster performance during trading on Friday after ending the previous session mostly lower. The major averages have all dipped into negative territory, although selling pressure has remained subdued.

crypto com 052220 Payments startup Crypto.com is set to expand its MCO Visa Card program in Canada. The program was launched in Singapore in October 2018, in the United States in July 2019, and in Europe in April 2020. Hong Kong-based Crypto.com's MCO Visa card was one of the first on the market when it launched in Singapore, and is now the most widely available card in the world.

currypowder may22 The U.S. Food and Drug Administration or FDA announced on its website that New Hoque and Sons, Inc. is recalling Radhuni Curry Powder distributed in New York City, New York due to potential Salmonella contamination. The recall was made after it was found that the finished products contained several strains of Salmonella, the company said.

ukpublicfinancedata july19 22may20 The stimulus measures taken by the British government to shield the economy from the downturn posed by the coronavirus, or Covid-19, have pushed the budget deficit to a record high in April, data published by the Office for National Statistics showed on Friday. Another report from the ONS showed that high street sales declined at a record pace in April as many stores were temporarily closed.

gmplants may22 General Motors is reopening its plants in Mexico after it received approval from the Mexican government to restart operations in the country, according to reports. The automaker had suspended its operations in Mexico in the third week of March due to the coronavirus pandemic. GM's Mexican manufacturing facilities are important as they supply critical parts for its plants in the U.S.

lbrands may22 Fashion retailer L Brands Co. plans to close around 250 Victoria's Secret stores in North America over the next several months, executives said in its first-quarter earnings call. The company expects to close more stores in 2021 and beyond. Further, it plans to close 50 Bath & Body Works stores in the U.S. and one in Canada.

wallstreet3 22may20 Following the weakness seen in the previous session, stocks may show a lack of direction in early trading on Friday. The major index futures are currently pointing to a mixed open for the markets, as the Dow futures are up by 19 points but the Nasdaq futures are down by 6.25 points.

facebook may22 Social media giant Facebook will eventually have at least half of its employees working remotely from home on a permanent basis by the end of 2030, Facebook CEO Mark Zuckerberg said. This will be applicable to existing employees who opt to work from home and have demonstrated good performance and are capable of working remotely.

Follow RTT