Business
S&P 500, Nasdaq Retreat As Tech Stocks Lose Favor
The S&P 500 and the Nasdaq fell on Tuesday as excitement over signs of a first successful latestage COVID19 vaccine trial faded, while investors continued to pull money out of some Big Tech companies that have benefited most from the pandemic.
S&P 500, Nasdaq Drop As Investors Ditch Heavyweight Tech Stocks
The S&P 500 dropped on Tuesday as excitement over signs of a first successful latestage COVID19 vaccine trial faded, while investors continued to pull money out of the big tech companies that have benefited most from the pandemic.
Walmart Teams With GM To Test Autonomous Deliveries
Walmart is teaming up with the General Motors' autonomous vehicle unit to test driverless delivery in Arizona.
Ford Adding 350 Jobs At 2 Plants To Make Electric Vehicles
Ford plans to add 350 jobs at two factories to meet expected demand for electric vehicles that haven't gone on sale yet.
Millennial Money: What New Debt Collector Rules Mean For You
Working with third-party debt collectors can be confusing and scary. For the more than 68 million U.S. adults with debt in collections, knowing their legal rights is crucial.
Behind Pfizer's Vaccine, An Understated Husband-and-wife 'Dream Team'
Positive data on BioNTech and U.S. partner Pfizer Inc's COVID19 vaccine is an unlikely success for the married couple behind the German biotech firm, who have devoted their lives to harnessing the immune system against cancer.Pfizer said on Monday said it...
EU Agrees On Tighter Rules For Surveillance Tech Exports
The European Union on Monday agreed to tighten up rules for the sale and export of cybersurveillance technology.
Gold Retreats Over 2% On Pfizer Vaccine Optimism
Gold beat a sharp retreat on Monday, sliding 2% after Pfizer said its vaccine was more than 90% effective in preventing COVID19 based on initial data from a large study, sending stock markets soaring and denting safehaven bullion's appeal.
BioNTech Hopes Immunisation Effect Of COVID-19 Vaccine Will Last At Least A Year
BioNTech's cofounder and chief executive said he was optimistic that the protective effect of its experimental COVID19 vaccine, codeveloped with Pfizer, would last for at least a year.
Expert Views: Pfizer, BioNTech Say Their COVID-19 Vaccine Is More Than 90% Effective
Pfizer Inc said on Monday its experimental vaccine was more than 90% effective in preventing COVID19 based on initial data from a large study, a major victory in the fight against the pandemic.
Debt-laden China Evergrande Ends Shenzhen Listing Plan, Some Investors To Stay On
Debtladen China Evergrande Group said it has decided to terminate a reorganisation plan with Shenzhen Special Economic Zone Real Estate & Properties Group Co Ltd , ending a longawaited backdoor listing plan in Shenzhen.
Volvo Recalls 54,000 U.S. Vehicles For Air Bag Defect After One Death
Volvo Cars is recalling 54,000 U.S. vehicles for an air bag defect after one crash death tied to the issue, according to a filing with U.S. regulators.
Incendiary Texts Traced To Outfit Run By Top Trump Aide
A texting company run by one of President Donald Trumps top campaign officials sent out thousands of targeted, anonymous text messages urging supporters to rally where votes were being counted in Philadelphia on Thursday, falsely claiming Democrats were t...
Qualcomm, Upwork Rise; Hanesbrands, Incyte Fall
Stocks that moved heavily or traded substantially Thursday:
Airbnb To Make IPO Filing Next Week, Braving COVID-19 Surge: Source
U.S. home rental company Airbnb Inc plans to make its initial public offering (IPO) registration public as early next week, setting course for a stock market debut next month even as the COVID19 pandemic intensifies, two people familiar with the matter sa...
Saudi Arabia's Public Investment Fund to Buy 2.04% in Reliance Retail for Rs 9,555 Crore
The investment in RRVL follows PIF's earlier acquisition of a 2.32 percent stake in Jio Platforms, the digital services subsidiary of RIL. Reliance Industries has so far sold 10.09 percent in RRVL for a combined Rs 47,265 crore.
