Nasdaq Inc reported higher-than-expected first-quarter profits on Wednesday, benefiting from market volatility fueled by the coronavirus crisis, but the transatlantic exchange operator also warned of uncertainty ahead.
The European Commission said on Wednesday it had approved generic drugmaker Mylan NV's planned purchase of Pfizer's off-patient branded drugs business Upjohn, subject to conditions.
German immunotherapy specialist BioNTech SE (NASDAQ: BNTX), which is collaborating with Pfizer (NYSE: PFE) on a potential coronavirus vaccine, on Wednesday received regulatory permission to begin phase 1/2 clinical trials of its lead candidates in Germany.
Quest Diagnostics (NYSE: DGX) stock has held up better than many so far in 2020. Although the diagnostics-information services provider's shares sank as much as 31% in early April, the stock rebounded strongly in recent weeks.
The COVID-19 pandemic is disrupting much of the U.S. economy. The trickle-down effect is impacting almost every aspect, including demand for energy and the ability of companies to get financing. Even utilities aren't immune from this impact.
(RTTNews) - Wendy's Co. is offering free chicken nuggets on Friday to show its appreciation to people who are doing good for others across the country amid the coronavirus pandemic.
In the past few years, CVS Health (NYSE: CVS) has ambitiously sought to expand into new markets to leverage its ubiquitous retail presence and universal brand awareness. Between the $69 billion acquisition of Aetna in 2018 and its 2019 decision to expand certain retail locations
During a period of legal turbulence and a criminal investigation for British American Tobacco (NYSE: BTI), the company's U.S. biotech subsidiary says it has made a "significant breakthrough" in a potential vaccine for COVID-19 based on the development and usage of tobacco plants
While Nordstrom (NYSE: JWN) continues to make adjustments to its business operations in light of COVID-19, the company has announced a new plan for sustainability. The plan is centered around three areas: climate change, the environmental impact of its merchandise and services,
Italy's banks came under fire at a parliamentary hearing on Wednesday where they faced accusations of hampering the rollout of state-guaranteed loans to businesses hit by the coronavirus.
What happened
Shares of BioNTech (NASDAQ: BNTX) rose nearly 30% today after the company announced it will soon begin clinical trials of coronavirus vaccine candidates in Germany. The biotech and its development partner, Pfizer (NYSE: PFE), were granted permission from the Paul-E
In his annual letter to shareholders as chairman of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), Warren Buffett made some poignant observations. He wrote, "Whatever the downsides may be, strong and immediate action by government was essential ... like it or not, the inhabita
Gold prices jumped 1% on Wednesday on hopes for more fiscal and monetary stimulus measures amid massive economic damage due to stay-at-home and business shutdown orders around the world to limit the spread of the novel coronavirus.
Fiat Chrysler Automobiles (NYSE: FCAU) said on Tuesday that it has borrowed 6.25 billion euros ($6.8 billion) from a revolving line of credit in an effort to buffer its cash reserves while many of its factories remain closed amid the coronavirus pandemic.
(RTTNews) - Shares of Laboratory Corp. of America Holdings (LH) are rising more than 6 percent or $9.79 in Wednesday's trading at $157.97. The stock has traded in a range of $98.02 to $196.36 in the past 52 weeks.
Last October, the U.S. Department of Defense awarded Microsoft (NASDAQ: MSFT) its coveted Joint Enterprise Defense Infrastructure (JEDI) cloud contract. The deal, which will be worth up to $10 billion over the next 10 years, allows Microsoft to provide cloud infrastructure serv