Is the coronavirus recession over? OPEC oil producers hope so, and so does Russia. Key members of OPEC today have agreed with Russia that it's safe to once again open their spigots and let the oil flow a bit more freely, The Wall Street Journal has reported.
What happened
Shares of several live event and travel booking companies have popped today on broad optimism regarding a potential coronavirus vaccine. Clinical-stage biotech Moderna (NASDAQ: MRNA) announced yesterday that it had published an interim analysis of its mRNA-1273 vac
U.S. Treasury yields rose and the yield curve steepened on Wednesday as hopes of a COVID-19 vaccine boosted risk appetite and reduced demand for safe-haven bonds.
What happened
Shares of solar power stock SunPower (NASDAQ: SPWR) are up a strong 9% in afternoon trading here at the 2:40 p.m. minute mark, EDT, after the company announced a planned partnership between its Maxeon Solar Technologies subsidiary and solar power microinverter manu
UBS will no longer be informed or be able to contest customer data the Swiss tax authorities hand over to counterparties in France investigating alleged tax avoidance, a Swiss court said on Wednesday.
China's U.S. farm product buying spree continued on Wednesday, traders said, with private importers in the Asian nation booking more U.S. soybeans as the end of Brazil's export season approached.
The combined company resulting from the merger of Italian-American carmaker Fiat Chrysler Automobiles and France's Peugeot owner PSA will be called Stellantis, the automakers said on Wednesday.
Prime Minister Benjamin Netanyahu announced on Wednesday a plan for government grants for all Israelis amid growing public anger over his handling of a coronavirus crisis that has taken a sharp turn for the worse.
(RTTNews) - Chipotle Mexican Grill Inc. (CMG) Wednesday announced that it plans to add a total of 10,000 new jobs over the next few months to meet the increasing demand as the company continues to add more drive-thru digital order pick-up lanes.
Moderna (NASDAQ: MRNA) plans to start a phase 3 clinical trial testing its mRNA-1273 coronavirus vaccine candidate in less than two weeks. But don't expect a quick turnaround of full study results. Moderna plans to follow patients for 759 days.
U.S. stocks climbed on Wednesday, with the S&P 500 approaching its highest level in more than four months after promising early data for a potential COVID-19 vaccine and a strong quarterly report from Goldman Sachs.
Plant-based meat company Beyond Meat (NASDAQ: BYND) continues its international expansion, announcing it's entering Brazil, the largest economy in South America. Starting today, the company's Beyond Burgers, Beyond Sausage, and Beyond Beef will all be available in Sao Paulo at a
While store closures around COVID-19 created a void for Nike (NYSE: NKE) last quarter, the future is in the digital sales channel. At the heart of Nike's digital marketplace is membership, which is revolving around an ecosystem of experiences including commerce apps like the Nik
The stock market has been sensitive to the ups and downs of the COVID-19 pandemic. With many businesses having remained closed for months during the second quarter, investors are understandably nervous about how the just-started earnings season will go. Yet positive news from a
(RTTNews) - After a rousing start and a subsequent move up north, Canadian stocks pared some gains Wednesday morning, but still remain firmly placed in positive territory around noon.
Zoom Video Communications (NASDAQ: ZM) will more directly embrace the "work from home" trend. Wednesday, the San Jose-based company announced the launch of Zoom for Home.
(RTTNews) - After moving sharply higher early in the session, stocks have given back some ground over the course of the trading day on Wednesday. The major averages have pulled back well off their highs, with the tech-heavy Nasdaq dipping into negative territory.
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