With American pharmaceutical corporation Pfizer expected to release a coronavirus vaccine as early as the start of 2021, the company is currently in talks with the government of Brazil to supply its potential vaccine in the first quarter of the new year.
Carlos Murillo, the head of Pfizer Inc in...
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...
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...
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...
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...
With Amazon Prime generating a jaw-dropping $7.16 billion in sales revenue during its two-day Amazon Prime Day last year, the eCommerce giant is expected to increase its revenue to $10 billion this year.
As such, Amazon’s offering is expected to cripple the sales generated by brick-and-mortar stores on Black Friday...
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...
Within days of releasing their Q3 financial results, Tesla Inc. announced on Tuesday that it would be reducing the price of the Model S “Long Range” sedan by 4% in the United States. This news comes after the electric car manufacturer reported record quarterly deliveries.
With their third-quarter results scheduled...