Sources tell FOX Business’ Charlie Gasparino SoftBank is looking to raise capital and will likely slash dividends. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below Southern fast-food chain Krystal announced it’s been acquired by Fortress Investment Group, owned by […]
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Grimes says she and Elon Musk changed baby’s name
A few weeks after Elon Musk and Grimes revealed their baby’s confusing name, the couple has apparently altered the unique moniker. In an Instagram comment, a fan asked Grimes if the couple changed the name of their newborn son due to California laws that require only alphabetical letters. The singer replied, […]
Small Business Administration won’t name PPP borrowers
A small, overlooked federal agency is shouldering a massive relief effort for the nation’s small businesses and their workers left reeling by the novel coronavirus. The U.S. Small Business Administration has committed to auditing every sizable emergency loan it approves, yet nearly two months since the $660 billion Paycheck Protection Program was […]
WHO pauses trial of hydroxychloroquine as coronavirus treatment amid safety concerns
Director General of the World Health Organization (WHO) Tedros Adhanom Ghebreyesus speaks during a news conference on the situation of the coronavirus (COVID-2019), in Geneva, Switzerland, February 28, 2020. Denis Balibouse | Reuters The World Health Organization on Monday temporarily suspended its trial of hydroxycholoroquine, the drug backed by President […]
UN virus therapy trial pauses hydroxychloroquine testing
The World Health Organization says it will temporarily drop hydroxychloroquine from its global study into experimental COVID-19 treatments because its experts need to review all available evidence By MARIA CHENG and JAMEY KEATEN Associated Press May 25, 2020, 5:53 PM 3 min read 3 min read Share to Facebook Share […]
US coronavirus drugmaker Regeneron to buy back $5B stake held by Sanofi
Regeneron CEO Dr. Leonard Schleifer discusses his company’s approach in treating the coronavirus. PARIS – U.S. company Regeneron Pharmaceuticals said it had agreed to repurchase approximately $5 billion of its shares directly from French drugmaker Sanofi. Continue Reading Below Ticker Security Last Change Change % REGN REGENERON PHARMACEUTICALS INC. 569.91 […]
Uzbekistan may hand over state airline to foreign firm
FILE PHOTO: An Airbus A320-200 plane of National air company “Uzbekistan Airways” takes off at the National Airport Minsk, Belarus April 19, 2018. REUTERS/Vasily Fedosenko May 25, 2020 TASHKENT (Reuters) – Uzbekistan is considering letting a reputable foreign company manage Uzbekistan Airways, its flagship carrier which has been hit hard […]
Out of the house: Democrat Biden makes first campaign stop in weeks
Democratic U.S. presidential candidate and former Vice President Joe Biden arrives at War Memorial Plaza during Memorial Day, amid the outbreak of the coronavirus disease (COVID-19), in New Castle, Delaware, U.S. May 25, 2020. REUTERS/Carlos Barria May 25, 2020 By Trevor Hunnicutt NEW CASTLE, Delaware (Reuters) – Former Vice President […]
Lufthansa and German government agree on $9.8 billion rescue package
Ralph Orlowski | Bloomberg | Getty Images The German government and Lufthansa, which has been hit hard by the coronavirus pandemic, have reached a preliminary deal on a 9 billion euro ($9.8 billion) bailout. The airline has been in talks with Berlin for weeks over aid to help it to […]
Italy coalition squabbles over recruiting volunteers to enforce distancing
FILE PHOTO: People sit at a reopened restaurant on the waterfront, as Italy eases some of the lockdown measures put in place during the coronavirus disease (COVID-19) outbreak, in Naples, Italy May 21, 2020. REUTERS/Ciro De Luca/File Photo May 25, 2020 ROME (Reuters) – Italy’s coalition partners quarrelled on Monday […]