Tag Archives: Breaking News: Business

U.S. stock futures little changed after major averages snap four-day winning streak

U.S. stock futures little changed after major averages snap four-day winning streak Search quotes, news & videos Source link

U.S. pauses Eli Lilly’s trial of a coronavirus antibody treatment over safety concerns

In this May 2020 photo provided by Eli Lilly, researchers prepare mammalian cells to produce possible COVID-19 antibodies for testing in a laboratory in Indianapolis. David Morrison | Eli Lilly via AP Eli Lilly’s late-stage trial of its leading monoclonal antibody treatment for the coronavirus has been paused by U.S. health regulators over potential safety… Read More »

Johnson & Johnson’s coronavirus vaccine trial is paused after ‘adverse event’ in a participant

Johnson & Johnson’s late-stage coronavirus vaccine was paused after a participant reported an “adverse event” about 36 hours earlier, the company’s chief financial officer said Tuesday. The pause will allow the data and safety monitoring board to thoroughly investigate the unexplained illness, CFO Joseph Wolk said in an interview on CNBC’s “Squawk Box.” “We’re letting… Read More »

Coronavirus response can ‘reshape the future of energy,’ IEA says in annual report

Peter Cade | Stone | Getty Images The world’s response to Covid-19 can “reshape the future of energy” for years to come, the International Energy Agency said Tuesday in its annual World Energy Outlook report. The IEA report underscored that most important of all is how the crisis will ultimately affect the transition to clean… Read More »

Dr. Fauci says U.S. faces ‘a whole lot of trouble’ as coronavirus cases rise heading into winter

The United States is “facing a whole lot of trouble” as coronavirus cases continue to surge across the country heading into the cold winter months, Dr. Anthony Fauci, the nation’s top infectious disease expert, told CNBC on Monday.  The U.S. reported more than 44,600 new cases on Sunday and the seven-day average rose to over… Read More »

Disney says its ‘primary focus’ for entertainment is streaming — announces a major reorg

Bob Chapek Jeff Gritchen | MediaNews Group | Orange County Register via Getty Images Disney is restructuring its media and entertainment divisions, as streaming becomes the most important facet of the company’s business. On Monday, the company revealed that in order to further accelerate its direct-to-consumer strategy, it would be centralizing its media businesses into… Read More »

American economists awarded Nobel Prize in economics for work on auction theory

(LtoR) Chairman of the committee for the Nobel Economics Prize Per Stromberg, Secretary General of the Royal Swedish Academy of Sciences Goran Hansson and member of the committee for the Nobel Economics Prize Peter Gardenfors speak as they announce last year’sNobel Economics Prize. AFP Contributor | AFP | Getty Images The 2020 Nobel Prize in… Read More »