U.S. stock futures surged on Tuesday as business restarts and optimism about a potential coronavirus vaccine helped investors returning from a long weekend to overlook Sino-U.S. tensions.
Shares in Sanofi fell on Tuesday despite the French drugmaker’s impending $13 billion payday from selling most of its 20.6% stake in U.S. partner Regeneron .
The New York Stock Exchange will partially reopen the trading floors at its iconic 11 Wall Street building on Tuesday for the first time since March 20 when the bourse was forced to go all-electronic due to the coronavirus pandemic.
A cluster of big name hedge funds have started betting against French companies, moving in after the lifting of a short-selling ban imposed earlier this year to calm financial markets, an analysis of regulatory filings showed.
As U.S. businesses reopen, worried workers and their advocates are borrowing a legal strategy commonly used to shut down rowdy topless bars to try and force employers to strengthen protection against further spread of the coronavirus.
The novel coronavirus outbreak and economic fallout is proving to be a bonanza for whistleblower lawyers as the U.S. securities regulator cracks down on a range of related misconduct from companies touting sham cures to misuse of federal aid.
Norway’s Equinor ASA and Anglo-French firm Perenco are among at least five oil producers that have registered coronavirus cases among employees or contractors at facilities off the coast of Brazil, according to industry and regulatory sources.
LATAM Airlines Group SA filed for U.S. bankruptcy protection on Tuesday, becoming the largest carrier to seek an emergency reorganization amid the coronavirus crisis.
President Trump and presumptive Democratic nominee Joe Biden approach Memorial Day differently; Pharmaceutical giant Merck makes deals for vaccines; Wuhan, China, says it has tested more than nine million people in 10 days. WSJ’s Shelby Holliday has the latest on the pandemic. Photos: Evan Vucci and Patrick Semansky/Associated Press …read more […]
Editor’s Note: Last week we shared the exciting news that Joel’s new book, Beyond Labels, is available for pre-order. Today you can learn more about what went into creating it… and why its message could not be coming at a more crucial time. Check it out below.
Have you ever looked at a label or website and wondered what certain phrases or ingredients mean?
What is “all natural”?
Or “organic certified”?
How about a label that seems obvious, like “Product of the USA”? That only means it was packaged here. It might be beef from Paraguay and rice from Vietnam, but as long as …read more […]
U.S. stock futures rose 2% and breached a major chart barrier on Tuesday as global easing of lockdowns and business restarts boosted optimism about economic recovery among investors returning from a long weekend.
Ryanair will contest a 9 billion-euro ($9.9 billion) German aid package for Lufthansa, the budget airline’s Chief Executive Michael O’Leary said in a statement on Tuesday.
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