Nasdaq News

British investor Legal & General said on Wednesday it would vote against re-electing the chair of Exxon Mobil at a shareholder meeting on May 27, saying the U.S. oil giant had not done enough to tackle climate change.

Investments banks cut jobs at the fastest pace in six years during a first quarter in 2020 even though the coronavirus pandemic triggered a surge in volatility and boosted revenues to a five-year high, data published on Wednesday by research firm Coalition showed.

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U.S. Senator Ted Cruz introduced legislation on Tuesday to help revive the U.S. rare earths industry with tax breaks for mine developers and manufacturers who buy their products, the latest attempt by Washington to break China's control over the strategic sector.

(RTTNews) - The South Korea stock market has finished lower in two straight sessions, sliding almost 25 points or 1.2 percent along the way. The KOSPI now rests just above the 1,920-point plateau and it may extend its losses on Wednesday.

British researchers will study the genes of thousands of ill COVID-19 patients to try to crack one of the most puzzling riddles of the novel coronavirus: why does it kill some people but give others not even a mild headache?

In the global hunt for coronavirus treatments, a Japanese antiviral medicine known as Avigan has won plaudits from Prime Minister Shinzo Abe and $128 million in government funding.

U.S. businesses and households are going to need more fiscal support to get through what will likely be a longer period of recovery from the coronavirus shutdown than initially expected, Federal Reserve policymakers said on Tuesday.

Colombia's commerce regulator said on Tuesday it would look into whether Chinese-owned social media app TikTok complies with laws on the collection and treatment of children's and adolescents' personal data.

Commonwealth Bank of Australia said on Wednesday that it set aside A$1.5 billion ($971.25 million) to cover expected loan losses caused by the COVID-19 pandemic, while third-quarter cash profit fell 23.5%.

The S&P 500 dipped in choppy trading on Tuesday as the top U.S. infectious disease expert warned Congress that a premature opening of the nation's economy could lead to additional outbreaks of the novel coronavirus.

Twitter Inc on Tuesday became the first major tech company to allow employees who can work remotely to do so indefinitely, as the coronavirus outbreak forces unprecedented changes in work culture across the world.

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Chile is set to face the worst of the novel coronavirus outbreak in the coming weeks, President Sebastián Piñera said on Tuesday, as a sharp spike in cases and the southern hemisphere winter push its healthcare system to the limit.

China's CanSino Biologics Inc, the company behind one of the few coronavirus vaccine candidates already in clinical trials, is collaborating with Canada's National Research Council to "pave the way" for future trials in Canada, the research council said on Tuesday.

What happened Shares of Durect (NASDAQ: DRRX) were up 23% at 1:53 p.m. EDT on Tuesday. The gains followed the release of first-quarter results after the closing bell Monday and disappointing trial results for Genfit (NASDAQ: GNFT), a fellow biotech developing a potential compe

What happened Shares of Uniti Group (NASDAQ: UNIT) surged on Tuesday after the communications infrastructure real estate investment trust reported its first-quarter results. The company beat analyst expectations across the board, updated investors on the sale of its U.S. towers,

Facebook Inc on Tuesday reported a sharp increase in the number of posts it removed for promoting violence and hate speech across its apps, which it attributed to improvements made to its technology for automatically identifying text and images.

In trading on Tuesday, shares of Bank of America Corp's Floating Rate Non-Cumulative Preferred Stock, Series 4 (Symbol: BML.PRJ) were yielding above the 4.5% mark based on its quarterly dividend (annualized to $1.00), with shares changing hands as low as $22.12 on the day.

Looking to expand in China to confront Starbucks' (NASDAQ: SBUX) growth directly, Restaurant Brands International's (NYSE: QSR) coffeehouse Tim Hortons said it has secured financing for the strategy from Chinese conglomerate Tencent (OTC: TCEHY).