Members of the medical personnel move a patient suffering from the coronavirus disease (COVID-19) at the CHR Centre Hospitalier Regional de la Citadelle hospital, in Liege, Belgium October 20, 2020. Yves Herman | Reuters The coronavirus pandemic is accelerating across the globe as U.S. cases climb and at least 10 other countries, half in Europe,
Business
Would you talk differently if you knew a machine was listening to you and grading you based on what you were saying, or based on whether you were using positive or negative words, or even if the sound of your voice was optimistic or pessimistic? Apparently, Wall Street executives are talking differently. They are trying to
High earners in New York and California could face combined federal and state tax rates of 62% under Democratic presidential nominee Joe Biden’s tax plan, according to tax experts. While Americans earning less than $400,000 would, on average, receive tax cuts under Biden’s plan, the highest earners would face double-digit increases in their official tax
The Federal Reserve’s intention to leave interest rates alone may get sidetracked. According to Wall Street forecaster James Bianco, the backdrop is conducive for an inflation comeback that would force the Fed’s hand to tighten and upset the stock market. He sees two major factors sparking inflation: A smaller economy than last year due to
Dr. Scott Gottlieb warned on Monday that the U.S. is likely to face even bigger challenges from the coronavirus pandemic as cases rise this fall without widely available treatments or a vaccine. “We’re going to get through it. We’re probably in the 7th inning of the acute phase of this pandemic right now, but the
The Ant Group Co. logo and the Alibaba Group Holding Ltd. logo are displayed behind a reception desk at the company’s headquarters in Hangzhou, China, on Monday, Sept. 28, 2020. Qilai Shen | Bloomberg | Getty Images GUANGZHOU, China — Ant Group has won approval from the Chinese securities regulator for the Hong Kong leg
Ford is beginning production on the latest version of its F-150 full-size pickup truck, which is the bestselling vehicle in the United States and a crucial product for the automaker. Ford’s F-Series lineup of full-size trucks is the industry’s leading truck brand, and the F-150 makes up the lion’s share of sales. It has been
United Airlines’ Boeing 747-400 aircraft performed its last passenger flight on November 7, 2017. NurPhoto Check out the companies making headlines in midday trading. Boeing — Shares popped more than 3% after Patrick Ky, the head of Europe’s aviation regulator, said the company’s beleaguered 737 Max jet is safe to fly again. He added the
ByteDance Ltd.’s TikTok website is displayed on a smartphone in an arranged photograph. Andrew Harrer | Bloomberg | Getty Images Social media has long been used by toy companies to reach kids, but as the coronavirus pandemic has taken play dates and recess off the table, apps like TikTok have become more important than ever.
Integrated circuits on a circuit board. The semiconductor industry has been in focus during the U.S.-China trade war. filonmar | E+ | Getty Images Company: ON Semiconductor Corp (ON) Business: A premier semiconductor company that focuses on power and sensor products. ON Semi’s segments include (i) Power Solutions Group, which offers a range of discrete,
Adrees Latif | Reuters Friday marks the deadline for state health officials across the U.S. to submit plans to the federal government on how they will inoculate hundreds of millions of Americans against Covid-19 once a vaccine is approved. States have about two weeks to set up distribution centers across the country to meet the
Descendants of Standard Oil founder John D. Rockefeller are calling on the major banks to put an end to fossil fuel financing. Daniel Growald, Peter Gill Case and Valerie Rockefeller — fifth-generation members of the famed family — have launched BankFWD, which is a network of powerful individuals and institutions aimed at persuading banks to
Iconic Fashion Designer Sue Wong has just launched her new venture, SUE WONG DESIGNER SIGNATURE HOMES. Sue Wong is a Chinese-born American fashion designer best known worldwide for her gown designs with a contemporary twist based on old Hollywood glamour style. Next up on the designer’s immediate agenda is the restoration work on the new
A volunteer is injected with a vaccine as he participates in a coronavirus disease (COVID-19) vaccination study at the Research Centers of America, in Hollywood, Florida, U.S., September 24, 2020. Marco Bello | Reuters The Trump administration on Friday announced a deal with CVS Health and Walgreens to administer coronavirus vaccines to the elderly and
People wait in their cars as they line up to collect unemployment forms in Hialeah, Florida. CHANDAN KHANNA/AFP via Getty Images Millions of workers have lost their jobs — and their employer-sponsored health insurance — due to the coronavirus pandemic. But other options are available to those who lose health coverage. These include Medicaid, an
U.S. Democratic presidential candidate Joe Biden speaks during a campaign event in Toledo, Ohio, October 12, 2020. Rebecca Cook | Reuters Democratic presidential candidate Joe Biden’s tax plan would give an average tax cut of $620 to middle income earners, according to a new analysis, while top earners would face a steep increase. The analysis,
A man walks a dog in the shade away from the midday sun past the New York Stock Exchange (NYSE) building in Manhattan, during hot weather in New York City, New York, U.S., August 11, 2020. Mike Segar | Reuters Stock futures were flat in overnight trading on Thursday as investors await the latest retail
Coronavirus clinical trials from drug giants Johnson & Johnson and Eli Lilly hit a snag this week after safety monitors halted them over bad reactions from participants. J&J said Monday it paused the late-stage trial of its coronavirus vaccine candidate after a participant reported an “adverse event.” Less than 24 hours later, Eli Lilly said its