The euro zone economy contracted by 12.1% in the second quarter of 2020, compared to the first three months of the year, according to preliminary data from the region's statistics office.
As air carriers worldwide are caught in a "race against time" while trying to stay afloat as global travel is nearly completely wiped out, Singapore Airlines appears to be better positioned than its peers, says Brendan Sobie of Sobie Aviation.
The company was profitable, reported less operational losses than expected and has already started repaying credits lines it drew down earlier this year to manage through the coronavirus pandemic.
"If you're in the business of serving people food in a brick and mortar setting, all I can say is stick a fork in it, because that business is done," the "Mad Money" host said.
"Keeping them out of school and keeping work closed is causing death also. Economic harm, but it's causing death for different reasons, but death. Probably more death," President Donald Trump said.
"These big tech stocks have been roaring because they either benefit directly from the pandemic or they've figured out how to thrive in spite of it," the "Mad Money" host said.
Gilead Sciences' sales fell 10% in the second quarter from a year earlier as the coronavirus pandemic weakened demand for some of its drugs, including some of its core hepatitis treatments.
More than 150,000 reservations have been made for the upcoming two- or four-door SUV, far surpassing Ford's initial expectations, according to executives.
Dr. Elizabeth "Betsy" Nabel is leaving effective immediately after sitting on the company's board of directors for five years, Moderna said in a statement.
Democrats in the California state legislature this week proposed a tax hike on the state's highest earners to help pay for schools and services hurt by the pandemic.