Facebook, Apple, Google, and Amazon CEOS are preparing to testify before a congressional subcommittee this week. Yahoo Finance’s Alexis Christoforous, Brian Sozzi, and Andy Serwer discuss what to expect. …read more […]
(Bloomberg) — Under Armour Inc. said a pair of top executives, including founder Kevin Plank, has been named in a federal probe of the company’s accounting, sending shares of the athleticwear maker down.Plank and Chief Financial Officer David Bergman received Wells Notices informing them that the U.S. Securities and Exchange Commission is likely to “allege certain violations of the federal securities laws,” Under Armour said Monday in a regulatory filing. Under Armour also received a notice informing it that the agency may file an enforcement action against the company.The disclosure expands upon comments from the company in November, when it …read more […]
Moderna CEO Stéphane Bancel joins Yahoo Finance’s Alexis Christoforous, Brian Sozzi, and Anjalee Khemlani to discuss the company’s entry into the Phase 3 trial of its COVID-19 vaccine, and what to expect. …read more […]
VANCOUVER and Erie PA. July 27, 2020 –ImagineAR Inc. (IP:CSE) (IPNFF:OTCQB) (“ImagineAR” or “Company”) an Augmented Reality Company that enables sports teams, businesses, retailers and organizations to instantly create their own AR mobile campaigns, wishes to advise […]
Yahoo Finance’s Alexis Christoforous, Brian Sozzi, and Jessica Smith discuss the latest stimulus proposal, and the rising U.S.-China tensions. …read more […]
The so-called Wells Notices, which are not formal charges, stemmed to disclosures Under Armour made about its 2015 third quarter sales. …read more […]
Last year, the company said it was cooperating with federal investigators in connection with a probe about whether it shifted sales from quarter to quarter to meet objectives. While a Wells notice does not necessarily mean the recipients have violated any law, the SEC issues the letter to firms when it is planning to bring an enforcement action against them. A filing on Monday showed that the staff of the SEC is recommending that the regulatory body file an enforcement action against the company, founder and executive chairman Kevin Plank and Chief Financial Officer David Bergman, that would …read more […]
Business software group SAP has been selected by Moderna to help distribute the potential COVID-19 vaccine that the U.S. pharmaceuticals company is developing, CEO Christian Klein said on Monday. “Moderna just selected SAP to help with distribution of the potential vaccine it is developing,” Klein told analysts on a conference call, discussing the development of SAP’s logistics and supply-chain business. Moderna Inc said earlier it has started a U.S. government-backed late-stage trial for its vaccine candidate, the first to be implemented under the Trump administration’s Operation Warp Speed anti-coronavirus programme. …read more […]
On Monday, the U.S. lowered the American flag at its consulate in Chengdu, China, as the deadline to exit approached. WSJ’s Liza Lin describes how Beijing’s shutdown of the outpost weakens an already limited U.S. presence in China. Photo: Noel Celis/AFP via Getty Images …read more […]
AstraZeneca in June picked Emergent to help produce 300 million doses of its potential COVID-19 vaccine pledged to the United States. AstraZeneca has signed manufacturing deals globally to meet its target of making 2 billion doses of the vaccine, including with two Bill Gates-backed ventures and a $1.2 billion agreement with the U.S. government. The latest contract follows an $87 million contract in June where Emergent signed an agreement to become the development partner for AstraZeneca’s COVID-19 vaccine candidate. …read more […]
Jul.27 — Johns Hopkins Bloomberg School of Public Health Vice Dean Josh Sharfstein discusses the return of students to school and fall sports, measures to control the spread of Covid-19, and political responsibility on the virus. He speaks on “Bloomberg Surveillance.” The Bloomberg School of Public Health is supported by Michael R. Bloomberg, founder and majority owner of Bloomberg LP, the parent company of Bloomberg News. …read more […]
Tropical Storm Hanna has brought heavy rainfall and life-threatening flash floods to communities in southern Texas that are already facing a surge in new coronavirus cases. Meanwhile, Hurricane Douglas approached Hawaii. Photo Credit: Eric Gay / Associated Press …read more […]
Jul.27 — Greg Valliere, chief U.S. policy strategist at AGF Investments, examines the politics behind the next U.S. stimulus plan as Senate Majority Leader Mitch McConnell is expected to release details of a $1 trillion pandemic proposal on Monday. He speaks with Bloomberg’s Tom Keene on “Bloomberg Surveillance.” …read more […]
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