Kudlow says US economy could 'snap back' from coronavirus crisis

Kudlow: Economy will ‘snapback’ if coronavirus stabilizes soon National Economic Council Director Larry Kudlow argues the U.S. economy will see a ‘good snapback’ due to coronavirus assistance package. President Trump's chief economic adviser Larry Kudlow suggested Monday the U.S. economy could bounce back from the coronavirus pandemic within four to eight weeks, as the federal government commits trillions of dollars to protect […]

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FDA Launches Effort To Develop Blood-related Therapies For COVID-19

The U.S. Food and Drug Administration (FDA) launched a national effort to facilitate the development of blood-related therapies to combat the ongoing coronavirus (COVID-19) pandemic. The FDA is focused on two investigational therapies derived from human blood called convalescent plasma and hyperimmune globulin, which are antibody-rich blood products made from blood donated by people who have recovered from COVID-19. Hyperimmune […]

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Starbucks Stock Could Prosper After the Pandemic

Starbucks Corporation (SBUX) is better positioned than most rivals to survive and prosper once the coronavirus pandemic runs its course. Many stores in China have reopened, giving the company a steady income stream while U.S. and European stores without drive-thru or delivery capacity have closed. It's likely that revenues at coffee houses that are still open have taken a big […]

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Gasping for Air, Delusional and All Alone: One Survivor’s Story

I wasn’t scared. Until I started gasping for breath. I took deep gulps, trying desperately to get some air. When that made it feel like I was breathing fire, I knew the pathogen had gone for my asthma-weakened lungs. The coronavirus came after me with a vengeance. And I beat it. Now I’m fully recovered, after going through hell and […]

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INOVIO Plans First Dose In Phase 1 Clinical Trial Of Its COVID-19 Vaccine Today

INOVIO Pharmaceuticals, Inc. (INO) announced Monday that it plans the first dose of its COVID-19 vaccine today as it initiates Phase 1 clinical efficacy trial of INO-4800, its DNA vaccine candidate, in healthy volunteers. This follows the U.S. Food and Drug Administration’s acceptance of the company’s Investigational New Drug (IND) application for INO-4800 designed to prevent COVID-19 infection. The Phase […]

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Gas heat a 'huge' challenge to UK's net zero emissions goal

London (CNN Business)The United Kingdom made history last year when it became the first major economy to commit to pumping no more greenhouse gases into the atmosphere than it removes by 2050. Dozens of countries have since followed its lead to achieve “net zero” emissions, and with three decades to go before the deadline, Britain’s progress provides a promising blueprint. […]

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Berkshire Hathaway to Join Global Debt Bonanza

Repsol SA is the latest oil major to head to Europe’s debt market for fresh financing, with other large borrowers piling in as measures of credit stress ease for the first time in four days. Eight issuers including Sanofi and LafargeHolcim Ltd are marketing new bonds on Monday, with Repsol following BP Plc, Royal Dutch Shell Plc and OMV AG […]

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Mirror publisher to furlough almost 1,000 employees and cut pay

The publisher of the Daily Mirror, Daily Express and Daily Star newspapers is to furlough almost 1,000 employees, and its management, including the senior editorial team, will have pay slashed by a fifth. Reach, formerly known as Trinity Mirror, also owns hundreds of regional titles including the Manchester Evening News, as well as the Scottish Daily Record and the celebrity […]

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‘Our Goal Is to Survive’: Wuhan Cautiously Emerges From Lockdown

We’re tracking the latest on the coronavirus outbreak and the global response. Sign up here for our daily newsletter on what you need to know. Wuhan businessman Li Jing is counting down the days until his city emerges from virus lockdown. The hundreds of apartments Li’s home-stay company oversees can start hosting visitors again on Wednesday — when the mass […]

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