Intel chairman announced he is considering $ 1 billion health and technology PSPC IPO

[ad_1] Photographer: Qilai Shen / Bloomberg Photographer: Qilai Shen / Bloomberg Intel Corp. chairman Omar Ishrak is planning to raise funds for a blank check company targeting deals in the health technology sector, according to people with knowledge of the matter. Ishrak, who previously ran the medical device giant Medtronic Plc, could file public registration … Read more

The stock market judgment day is only 8 days away

[ad_1] The stock market exploded in 2020, defying all expectations after a truly incredible rebound in the coronavirus bear market in February and March. The rebound was sparked by how quickly some companies shifted gears to adapt to drastic changes in economic and business conditions, as well as investor optimism to look beyond the immediate … Read more

Trump administrator revokes Intel license to supply chips to Huawei

[ad_1] The Trump administration is adopting stricter policies that will make it even more difficult for Huawei to do business with US-based companies. According to Reuters, the Trump administration has informed vendors, including chipmaker Intel, that it is revoking certain licenses to sell to Huawei. The Trump administration has also revealed its intention to reject … Read more

Anti-Vaccine Groups Get Covid PPP Loans

[ad_1] The flexible rules of the Paycheck Protection Program allowed virtually any small business or corporation in the United States to qualify for a government-guaranteed relief loan. Citizens and activist groups have criticized thousands of recipients they deem unworthy, including wealthy lawyers, politicians and political lobbyists, publicly traded companies and companies under government investigation. Now, … Read more

Chinese refiners processed record amounts of crude in 2020

[ad_1] After a slow start until 2020, hit by a pandemic, Chinese refiners increased production from April, thanks to extremely low crude oil prices and a rebound in the Chinese economy and demand for fuel, setting a new record for crude oil processing volumes. The throughput of crude oil in Chinese refineries was on average … Read more

California calls for stop of 300K vaccines after fall in illness – NBC Bay Area

[ad_1] The California state epidemiologist is calling for more than 300,000 coronavirus vaccinations to be stopped using a version of the Moderna vaccine, as some people have received medical treatment for possible serious allergic reactions. Dr Erica S. Pan on Sunday recommended that suppliers stop using Moderna vaccine lot 41L20A pending the completion of an … Read more

EU seeks to reduce reliance on US dollar after US sanctions exposed vulnerabilities in financial infrastructure – Finance Bitcoin News

[ad_1] The European Union (EU) plans to reduce its dependence on the US dollar-based financial system, after US sanctions against Iran exposed vulnerabilities in the Union’s financial infrastructure. According to officials, now determined to challenge the supremacy of the dollar, the renewed drive to strengthen the role of the euro is also partly inspired by … Read more

Tesla Motors, Inc. (NASDAQ: TSLA), Bellway PLC (OTC: BMWYY) – Tesla Starts Model Y SUV Shipments in China: What You Need to Know

[ad_1] Tesla Inc (NASDAQ: TSLA) on Monday began delivering Model Y vehicles to China. What happened: The Elon Musk-led company posted photos of customers taking deliveries of the midsize electric sport utility vehicle on its Twitter feed. 欢迎! Model Y deliveries to China officially started pic.twitter.com/fG5aax1k2b – Tesla (@Tesla) January 18, 2021 Initial deliveries to … Read more