The U.S. Securities and Exchange Commission said on Thursday it has charged two companies and a chief executive officer with making misleading claims related to COVID-19, the disease caused by the novel coronavirus.
Nearly three million Americans filed for unemployment benefits in the week ending May 9th. Yahoo Finance’s Editor-in-Chief Andy Serwer, Alexis Christoforous and Brian Sozzi discuss. …read more […]
U.S. President Donald Trump on Thursday said he was very disappointed in China over its failure to contain the novel coronavirus, saying the worldwide pandemic cast a pall over his U.S.-China trade deal.
U.S. stocks opened lower on Thursday as investors grappled with the possibility of prolonged economic weakness due to the coronavirus outbreak, while the threat of a renewed Sino-U.S. trade war also added pressure.
Delta Air Lines said on Thursday it would no longer fly Boeing Co’s wide-body 777 aircraft and some of the other older high-maintenance jets, as the U.S. carrier looks to cut costs amid a steep fall in bookings due to travel restrictions around the world.
The U.S. Securities and Exchange Commission said on Thursday it has charged two companies for allegedly providing misleading claims related to COVID-19, the disease caused by the novel coronavirus, after previously suspending trading of both.
The notion behind what the Santa Clara, California-based company calls its A100 chip is simple: Help the owners of data centers get every bit of computing power possible out of the physical chips they purchase by ensuring the chip never sits idle. The same principle helped power the rise of cloud computing over the past two decades and helped Intel build a massive data center business. When software developers turn to a cloud computing provider such as Amazon.com or Microsoft Corp for computing power, they do not rent a full physical server inside a data center. …read more […]
Nvidia Corp, whose semiconductors power data centers, autonomous cars and robots, said on Thursday it plans to enter the market for technology that helps cars with automated lane-keeping, cruise control and other driver-assistance features.
Delta Air Lines said on Thursday it would retire Boeing Co’s wide-body 777 aircraft from its fleet and remove them from service by the end of 2020.
Renault is preparing to substantially trim down its vehicle range, withdrawing well-known but ailing models like the Espace minivans, as part of looming cost cutting plans, four sources in the industry and close to the French carmaker said.
Wall Street’s main indexes were set to extend declines on Thursday, following two prior sessions of losses, as investors worried the current economic downturn might be here for longer than initially presumed.
Many struggling homeowners who delay mortgage payments through forbearance plans will be allowed to make missed payments when the home is sold or the loan term is over, the Federal Housing Finance Agency said. …read more […]
Acquisitions will play a “major role” in Deutsche Boerse’s strategy update later this year, the chief of the stock exchange said.
French drugmaker Sanofi (SNY) said that the U.S. would likely get its Covid-19 vaccine first once it is available.“The U.S. government has the right to the largest pre-order because it’s invested in taking the risk,” Sanofi CEO Paul Hudson said in an interview with Bloomberg News. The U.S., which expanded a vaccine partnership with the company in February, expects “that if we’ve helped you manufacture the doses at risk, we expect to get the doses first.”Hudson cautioned that Europe needs to step up efforts to find protection against the pandemic if it doesn’t want to fall behind.Last month Sanofi entered …read more […]
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