Restaurant executives expect Michigan to keep indoor meals closed

[ad_1] Governor Gretchen Whitmer is expected to announce an extension of Michigan’s partial shutdown at a press conference Wednesday afternoon, according to several Michigan business leaders. Michigan’s most recent closure expires at 11:59 p.m. on Friday, Jan.15, and includes a ban on in-person eating at restaurants. The Michigan Department of Health and Human Services COVID-19 … Read more

Oil prices rally with strong consumption

[ad_1] The American Petroleum Institute (API) on Tuesday reported a decline in crude oil inventories of 5.821 million barrels for the week ending Jan.8. Analysts had predicted an inventory drawdown of 2.266 million barrels for the week. The previous week, API reported an oil inventory drawdown of 1.663 million barrels, after analysts predicted a drawdown … Read more

Tesla Inc. stock outperforms the market on a good day

[ad_1] Shares of Tesla Inc. TSLA, + 4.72% rallied 4.72% to $ 849.44 on Tuesday, on what turned out to be a positive trading session for the stock market, with the NASDAQ COMP Composite Index + 0.28% up 0.28% to 13,072.43 and the Dow Jones Industrial Average DJIA index, + 0.19% up 0.19% to 31,068.69. … Read more

US stocks end slightly higher

[ad_1] Major U.S. stock indexes edged up Tuesday, although weakness in tech and social media companies’ shares capped their gains. The Dow Jones Industrial Average rose 60.00 points, or 0.2%, to close at 31,068.69, after fluctuating between small gains and losses throughout the day. The broad-based S&P 500 rose 1.58 points, or less than 0.1%, … Read more

Urban Outfitters, KB Home, Repay Holdings and more

[ad_1] Find out which companies are making headlines after hours. Urban Outfitters – Shares of the retailer slipped more than 11% after Urban Outfitters said net sales for the two months ending Dec. 31 fell 8.4% year-over-year. The company also announced that CEO Trish Donnelly will be leaving at the end of the month. KB … Read more

Moderna: Winning the Vaccine Game – Finding the Alpha

[ad_1] Moderna: winning the vaccine gameSeeking Alpha Moderna Uses mRNA Technology to Create Vaccines for Seasonal Flu, HIV and Nipah Virus, Company SaysFox News Moderna (MRNA) Stock up on Vaccine Pipeline Expansion PlanYahoo finance Moderna develops three new mRNA-based vaccines for seasonal influenza, HIV and Nipah virusTechCrunch Moderna Uses COVID-19 Vaccine Technology to Make Flu … Read more

What hit us might affect others – Krebs on security

[ad_1] New research into malware that paved the way for mega-reach at an IT vendor SolarWinds shows that the authors spent months in the company’s software development labs perfecting their attack before inserting malicious code into updates that SolarWinds then sent to thousands of customers. More worryingly, research suggests that the insidious methods used by … Read more

Oil producers pledge to provide sidewalks and keep prices rising

[ad_1] Oil extends a steady recovery until 2021, helped by new signals that the world’s largest producers will not turn on the taps and flood the market. U.S. crude futures recently surpassed $ 50 a barrel for the first time since February, the latest milestone in a rebound fueled by higher travel and economic activity … Read more