Business

LIVE UPDATES: Pfizer to file emergency coronavirus vaccine approval with FDA on Friday

by

[ad_1] Pfizer and its partner BioNTech plan to file for emergency FDA approval for its coronavirus vaccine on Friday. The two companies confirmed their intention to file on Friday in a statement released Friday morning. Pfizer and BioNTech are currently in Phase 3 trials of the vaccine, as are its fellow pharmaceutical giant, Moderna. Follow … Read more

Mnuchin says he and GOP leaders will discuss plan to adopt targeted stimulus with help from Democrats

by

[ad_1] Treasury Secretary Steven Mnuchin said on Friday that he and key GOP lawmakers would try to craft a targeted stimulus package with Democrats in the coming weeks. Mnuchin explained that he and White House Chief of Staff Mark Meadows will meet later Friday with Senate Majority Leader Mitch McConnell, R-Ky., And House Minority Leader, … Read more

Shelby County mayors push back on possibility of closing gyms, ending indoor dining – Reuters

by

[ad_1] Shelby County mayors push back against possibility of closing gyms and ending indoor diningWREG NewsChannel 3 Local mayors say restaurants in Shelby County, maybe gyms could be closed soonFOX13 Memphis Health department official: “ We have to hide to stay open ”News WREG Channel 3 Department of Health promises new directive by Monday – … Read more

Mnuchin says people misunderstand the Fed financing decision, there is much firepower

by

[ad_1] Treasury Secretary Steven Mnuchin on Friday decided to downplay his department’s decision to end several Federal Reserve programs, saying there was still plenty of money to provide funds where they are needed . “It was a very simple thing. We are following the intention of Congress,” Mnuchin told CNBC’s Jim Cramer in a “Squawk … Read more

Crypto Will Help But Bitcoin Is Hard To Understand, Says SoftBank CEO

by

[ad_1] While the ongoing cryptocurrency bull run is boosting crypto adoption, some billionaire investors still find Bitcoin (BTC) a distraction. Masayoshi Son, a billionaire tech entrepreneur and CEO of Japanese conglomerate SoftBank, claimed he “doesn’t understand” Bitcoin amid cryptocurrency surpassing its three-year highs. Speaking at the New York Times DealBook conference, Son said he found … Read more

U.S. equity futures rally set to end this week

by

[ad_1] US equity futures faltered on Friday, putting Wall Street on track to end a turbulent week with muted losses. S&P 500-linked futures fell 0.2%, suggesting that the general market gauge may pull off some of Thursday’s gains after the opening bell. Nasdaq-100 contracts faltered, while Dow Jones Industrial Average futures fell 0.3%. Inventories have … Read more

Tesla Motors, Inc. (NASDAQ: TSLA), Facebook, Inc. (NASDAQ: FB) – ‘Wild Times’ Says Elon Musk As Tesla, SpaceX Combined Valuation Exceeds $ 500 Billion

by

[ad_1] Tesla Inc (NASDAQ: TSLA) and SpaceX CEO Elon Musk reacted to a social media post, referring to the two companies’ value now exceeding $ 500 billion. What happened: “Wild times!” said Musk to Twitter user and magician Aaron Levie who referred to Musk’s accomplishments on earth and in space. Wild times! – Elon Musk … Read more