Novavax, a small biotechnology company based in Maryland, announced on Monday that its Covid-19 vaccine was found to be safe and up to 90.4% effective in its Phase 3 clinical trial involving nearly 30...
Hundreds of flights were canceled or delayed on Wednesday from Southwest airlines as the carrier struggles to recover from its second technical problem in less than a week. On Tuesday, the airline ann...
Shares of Moderna Inc. surged to a record high as concerns about the even-more contagious delta variant of Covid-19 spread.The shares went up as high as as 6.9% to $238.40, breaking through the prior ...
Banking giant Wells Fargo wrote to customers on Thursday that it was shuttering all personal lines of credit in the coming weeks, and will no longer offer the product.The news sparked mixed feelings a...
The People’s Bank of China said on Friday that it would cut the reserve requirement ratio (RRR) by 50 basis points for all banks. The new order is set to take effect from July 15.“We think this br...
In just reported second-quarter results, JPMorgan posted a $2.3 billion benefit from releasing $3 billion in loan loss reserves after the bank took $734 million in charge-offs. In the first quarter, t...
Author of ‘Black Swan’ Nassim Taleb says Bitcoin’s worth is equal to zero and has failed as a currency and a hedge against inflation.The author who spoke in favor of bitcoin before has now rever...
Target on Wednesday announced new strategy to attract workers through a new educational program that will cover the full cost of undergraduate degrees at select schools. The company developed the pr...
The UK has reported a significant increase in covid cases since the pandemic began and this means that the country may be forced to shut down again. The U.K reported 78,600 new covid-19 cases an...
The Pandemic continues to rage through the country, hospitals are overwhelmed and businesses are planning to shut doors due to the new rise in covid cases, but the stock market is doing fine so far. T...