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Coronavirus update: Group of ex-FDA commissioners slam political interference at FDA and CDC; U.S....
on September 30, 2020 at 2:52 pm
The global death toll from the coronavirus-borne illness COVID-19 climbed to 1.008 million on Wednesday, while the U.S. death toll rose above 206,000, and the first presidential debate found […]
How Trump and Biden tax policies could affect your paycheck, tax return, investment portfolio and...
on September 30, 2020 at 2:48 pm
The economy is a very important issue for nearly 80% of voters in this presidential election.
The Supreme Court’s Obamacare case was high stakes before Ruth Bader Ginsburg’s death. Here’s...
on September 30, 2020 at 2:47 pm
Democrats have said that Amy Coney Barrett’s nomination to the court could mean the end of the Affordable Care Act.
Economic Report: Business in Chicago region surges in September, adds to evidence of steadily...
on September 30, 2020 at 2:38 pm
A measure of business conditions in the Chicago region surged in September to the highest level since the end of 2018, a stronger than expected reading that reflects improvement in manufacturing and […]
Economic Report: Private sector job growth in September is strongest in three months: ADP
on September 30, 2020 at 2:37 pm
U.S. firms add 749,000 jobs in September, above Wall Street estimates, ADP said Wednesday.
Market Snapshot: Dow adds over 300 points on strong jobs data, promising vaccine news
on September 30, 2020 at 2:34 pm
U.S. stock indexes open higher Wednesday as investors focused on brighter economic data and some promising signs from companies working on COVID-19 treatments, instead of a rancorous first […]
Metals Stocks: Gold prices head south as U.S. dollar perks up
on September 30, 2020 at 2:33 pm
Gold futures trade lower Wednesday, contributing to a loss for the month as prices respond to a strengthening U.S. dollar that is weighing on commodity prices.
: Pressure grows for U.K. to intervene in Nvidia’s $40 billion Arm takeover
on September 30, 2020 at 2:30 pm
The U.K. government is assessing the impact of Nvidia's $40 billion takeover of Arm, as pressure for it to intervene and protect the Cambridge-based chip manufacturer grows.
Governments are at a loss to deal with protests against new coronavirus restrictions, as lockdown...
on September 30, 2020 at 2:28 pm
The coronavirus dilemma — protect the economy, or protect the population — is becoming tougher to manage in Europe.
Economic Report: Pending home sales soar to new record high in August — but headwinds remain for...
on September 30, 2020 at 2:27 pm
For four straight months now, the number of contracts signed to purchase a home has increased.
EIA reports a third straight weekly decline in U.S. crude supplies
on September 30, 2020 at 2:39 pm
The Energy Information Administration reported Wednesday that U.S. crude inventories fell for a third straight week, down by 2 million barrels for the week ended Sept. 25. That compared with an […]
Stocks open higher as investors shrug off presidential debate
on September 30, 2020 at 1:40 pm
U.S. stocks rose Wednesday after trading initially lower in pre-market hours as analysts said the first presidential election debate didn't provide much of an outlook on the coming November election. […]
Quest's stock gains after announcing diagnostics that test for both COVID-19 and the flu
on September 30, 2020 at 1:12 pm
Shares of Quest Diagnostics Inc. gained 3.1% in premarket trading on Wednesday after the company said it is now offering three panel tests that can detect COVID-19 as well as other respiratory […]
Yalla Group prices IPO at $7.50 per ADS
on September 30, 2020 at 12:53 pm
Yalla Group Ltd. , a social networking and entertainment platform active in the Middle East and North Africa, priced its initial public offering at $7.50 per American Depositary Share on Wednesday, […]
ConocoPhillips to resume share buybacks in Q4 with plans to repurchase $1 billion of its own stock
on September 30, 2020 at 12:41 pm
ConocoPhillips said Wednesday it is planning to resume share buybacks in the fourth quarter with plans to repurchase $1 billion worth. The Houston-based oil and gas company made the announcement as […]
NYSE sets $7.25 reference price for Palantir's direct listing, and $21 for Asana
on September 30, 2020 at 11:52 am
The New York Stock Exchange set a so-called reference price of $7.25 a share for data-mining-software company Palantir Technologies' direct listing Wednesday. In a statement, the exchange said the […]
Elanco Animal Health to cut 900 jobs in 40 countries in restructuring following acquisition of...
on September 30, 2020 at 11:43 am
Elanco Animal Health Inc. said Wednesday it is restructuring its business just two months after closing the acquisition of Bayer Animal Health. The Greenfield, Indiana-based company said it expects […]
Dow to book Q3 restructuring charges of $500 million to $600 million as it cuts costs during...
on September 30, 2020 at 11:09 am
Dow Inc. said Wednesday it expects to book restructuring charges of $500 million to $600 million in the third quarter, as the materials science company, which makes plastics and paints among other […]
Coronavirus tally: Global cases of COVID-19 top 33.6 million, 1.008 million deaths and Trump blames...
on September 30, 2020 at 10:54 am
The global tally for confirmed cases of the coronavirus that causes COVID-19 climbed to 33.6 million on Wednesday, according to data aggregated by Johns Hopkins University, while the death toll rose […]
Oasis Petroleum files for prepackaged Chapter 11 with plan to reduce debt by $1.8 billion
on September 30, 2020 at 10:36 am
Oasis Petroleum Inc. shares slid 26% in premarket trade Wednesday, after the company said it is filing for Chapter 11 bankruptcy with a prepackaged plan with creditors, aiming to reduce its debt by […]