The German state of North-Rhine Westphalia has suffered a setback in its battle against the coronavirus pandemic following delays in the delivery of vaccines from Pfizer and its German partner BioNTech. In an announcement on Wednesday, the state revealed that plans to open new vaccination centers on February 8th...
With the COVID-19 pandemic having a devastating effect on air travel since March 2020, Delta Air Lines has incurred damage as reflected in the company’s fourth-quarter earnings report. All in all, the major U.S. carrier lost $15.6 billion dollars in 2020, with its adjusted operating revenue plummeting by 69%...
In what was a first in Europe, Google and a group of French publishers agreed on Thursday to a framework over copyrights in which the multinational technology company would pay publishers for their online content. To date, Google has only signed individual agreements with a few publications such as...
The health department of California announced on Wednesday that it was safe to continue using an existing batch of the COVID-19 vaccine from Moderna Inc. after a pause was enacted on Sunday. This hiatus was enforced as a result of possible allergic reactions to the vaccine.
According to Moderna, the...
The United States has undergone an unexpected rise in unemployment in the past week, with the coronavirus pandemic still causing widespread disruptions to the economy.
This finding came on Thursday morning, when the Department of Labor (DOL) released its weekly claims report regarding joblessness. The report indicated that approximately 898,000...
While investors expected Netflix to flourish at a time when worldwide communities were confined to their homes, the company reported that it received a decelerating number of new subscribers over the course of 2020.
In the first quarter of 2020, the company managed to meet investors’ expectations, enjoying a surge...
Moderna Inc. (MRNA) shares seem to be taking an upward turn on the NASDAQ stock market index, following the company’s decision to commit to a timeline for the completion of its coronavirus vaccine. The biotechnology company also submitted an application to the United States Government for emergency use authorization.
This...
With lawmakers currently in the process of debating whether or not to pass a stimulus package later this week, the direction that stocks on the NYSE are set to take remains uncertain.
The three major indices each incurred their fairly balanced share of gains and losses on Wednesday, with several...
With Cenovus due to complete the acquisition of rival Canadian energy company Husky Energy Inc., the former is expected to significantly reduce its own costs, the company stated on Tuesday.
The cost reduction process is set to include widespread retrenchment, potentially including up to 2,150 job losses. The energy company...