Take a look at some of the biggest movers in the premarket: Merck (MRK) – The drugmaker announced the acquisition of privately held Themis, whose Covid-19 vaccine candidate is approaching human trials. It is also striking a vaccine partnership with non-profit vaccine researcher IAVI, as well as a collaboration with privately held Ridgeback Biotherapeutics to
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U.S. President Donald Trump speaks to reporters as he departs the White House for travel to Michigan during the coronavirus disease (COVID-19) outbreak in Washington, U.S. May 21, 2020. Jonathan Ernst | Reuters President Donald Trump said he had “just finished” taking a two-week course of the antimalarial drug hydroxychloroquine, the medication he has vigorously promoted
Vote-by-mail processors work to check mail-in ballots the day before election day at the Orange County Registrar’s office in Santa Ana, CA, on Monday, March 2, 2020. Jeff Gritchen | Orange County Register | MediaNews Group | Getty Images The Republican National Committee and other GOP groups filed a lawsuit against California Gov. Gavin Newsom
There are two sides to the story of 3D printing stocks. Shares of industry stalwarts Stratasys and 3D Systems have fallen around 90% from their 2014 highs, struggling to hang onto gains as the coronavirus pandemic put a strain on consumer demand. In the meantime, competitors Proto Labs and Materialise NV have seen their stocks soar,
Two staff members wheel Amwell telemedicine carts into the entrance of the University of California San Francisco (UCSF) Benioff Children’s Hospital in Mission Bay, San Francisco, California during an outbreak of the COVID-19 coronavirus, March 16, 2020. Smith Collection | Gado | Getty Images As companies across the U.S. see plunging demand from two months
Sir Ian McKellen has said he was “miserable” while filming “The Hobbit,” compared to playing Gandalf in “Lord of the Rings,” because of too much virtual production, but the technology could become more common in filmmaking in a post-Covid-19 world. New Line | WireImage | Getty Images With marquee blockbusters like Warner Bros.’ “The Batman”
John Malone, Liberty Media Scott Eells | Bloomberg | Getty Images The coronavirus pandemic has pushed events online by necessity. But Liberty Media Chairman John Malone is still bullish about the future of live events. “I think the thesis of live events is still a good one,” Malone said during Liberty Media’s annual meeting of stockholders
Actress Lori Loughlin and her husband Mossimo Giannulli, wearing green tie at left, leave the John Joseph Moakley United States Courthouse in Boston on April 3, 2019. Pat Greenhouse | Boston Globe | Getty Images Actress Lori Loughlin and her fashion designer husband Mossimo Giannulli both pleaded guilty Friday to charges stemming from the U.S. college admissions
A U.S.P.S mailman wearing a protective mask and gloves walks near a sign thanking frontline workers amid the coronavirus pandemic on April 30, 2020 in New York City. COVID-19 has spread to most countries around the world, claiming over 230,000 lives with over 3.2 million cases. Alexi Rosenfeld | Getty Images As the coronavirus pandemic
U.S. Navy Security Forces, Naval Criminal Investigative Service, and Texas Department of Safety personnel discuss details of an investigation after a vehicle unlawfully entered the base, Feb. 14, 2019 at Naval Air Station Corpus Christi, Texas. Anne Owens | U.S. Navy photo WASHINGTON — The FBI said the Thursday morning shooting at U.S. Naval Air
U.S. government debt prices were higher Thursday morning as investors tried to gauge the likelihood of a sharp rebound ahead of a slew of economic data. At around 4:55 a.m. ET, the yield on the benchmark 10-year Treasury note was lower at 0.6688% and the yield on the 30-year Treasury bond was down at 1.3828%. Yields
Facebook COO Sheryl Sandberg on Wednesday said the company is giving $20 million to small businesses owned by women, minorities and veterans in the U.S. “We know when crises hit the most vulnerable get hit the hardest,” Sandberg told CNBC’s Jim Cramer on “Mad Money.” The $20 million is coming from Facebook’s $100 million small
A pedestrian walks past a Target store in Chicago, Illinois. Scott Olson | Getty Images Target will report its first-quarter earnings Wednesday before the bell. The big-box retailer’s stores have remained open across the country during the coronavirus pandemic, but the crisis has cut into its profits as Target’s labor expenses jumped and sales of
Senator Elizabeth Warren speaks at a campaign rally at the Seattle Center Armory in Seattle, Washington, February 22, 2020. Jason Redmond | Reuters Sen. Elizabeth Warren on Tuesday urged the Senate to pass $4 billion in the next coronavirus relief package to allow states to expand their vote-by-mail services for the general election. “2020 is
U.S. government debt prices were higher Tuesday morning, coming off a surge during the previous session following news of promising early testing of an experimental coronavirus vaccine. At around 2:10 a.m. ET, the yield on the benchmark 10-year Treasury note was down at 0.7094% and the yield on the 30-year Treasury bond slipped to 1.4273%. Yields
Moderna in Cambridge, MA is pictured on Feb. 28, 2020. David L. Ryan | The Boston Globe via Getty Images Biotech company Moderna, which is testing one of the leading coronavirus vaccine candidates, plans to issue at least $1.25 billion in fresh stock after releasing the results of its phase 1 trial, the company said Monday. The announcement comes
Workers who can do their jobs from home are being forced to do so by the coronavirus, and many of these workers feel fortunate, even if they feel that they are working harder. Miguel Pereira | Getty Images Since Covid-19 shelter-in-place orders came into effect in the U.S. in mid-March, the workforce has undergone a
White House Trade and Manufacturing Policy Director Peter Navarro speaks during a briefing on the coronavirus pandemic in the press briefing room of the White House on March 27, 2020 in Washington, DC. Drew Angerer | Getty Images The U.S. Centers for Disease Control and Prevention “let the country down” early in the nation’s response