Senate Majority Leader Mitch McConnell (R) (R-KY) with House Minority Leader Rep. Nancy Pelosi (L) (D-CA). Getty Images Senate Majority Leader Mitch McConnell and House Speaker Nancy Pelosi will receive Pfizer’s Covid vaccine in the coming days, after the attending physician in Congress urged lawmakers to sign up for the […]
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Google’s antitrust mess: Here are all the major cases it’s facing in the U.S. and Europe
Sundar Pichai, chief executive officer of Alphabet Inc., gestures while speaking during a discussion on artificial intelligence at the Bruegel European economic think tank in Brussels, Belgium, on Monday, Jan. 20, 2020. Pichai urged the U.S. and European Union to coordinate regulatory approaches on artificial intelligence, calling their alignment critical. […]
FDA pushes back on Trump tweet suggesting Moderna’s Covid vaccine won emergency-use approval
U.S. President Donald Trump delivers remarks at an Operation Warp Speed Vaccine Summit at the White House in Washington, U.S., December 8, 2020. Tom Brenner | Reuters The Food and Drug Administration on Friday pushed back on a tweet from President Donald Trump that suggested Moderna‘s coronavirus vaccine had won […]
Traders brace for wild action and historic volume ahead of Tesla’s entry into the S&P 500
Traders work on the floor of the New York Stock Exchange. NYSE Electric vehicle maker Tesla is poised to enter the S&P 500 in what will be the largest rebalancing in the history of that index. The new index with Tesla in it begins trading on Monday, but all the […]
Suspected Russian hack is much worse than first feared: Here’s what you need to know
eclipse_images LONDON — The scale of a sophisticated cyberattack on the U.S. government that was unearthed this week is much bigger than first anticipated. The Cybersecurity and Infrastructure Security Agency said in a summary Thursday that the threat “poses a grave risk to the federal government.” It added that “state, […]
Olive Garden parent’s revenue falls 19% as new dining restrictions hit same-store sales
Customers arrive at an Olive Garden location in San Antonio, Texas. Callaghan O’Hare | Bloomberg | Getty Images Darden Restaurants on Friday reported quarterly revenue that fell short of analysts’ expectations as another wave of pandemic-related dining restrictions weighed on its same-store sales. Next quarter, the Olive Garden parent expects sales […]
CVS Health, Walgreens start providing Covid vaccines at thousands of hard-hit nursing homes
A healthcare worker at the Portland Veterans Affairs Medical Center receives COVID-19 a vaccination on December 16, 2020 in Portland, Oregon. The first rounds of Pfizer’s vaccine were administered in Oregon on Wednesday. Nathan Howard | Getty Images For nursing homes across the country, the coronavirus pandemic has been especially […]
Sony pulls Cyberpunk 2077 from PlayStation store after backlash; developer’s shares tumble 16%
A box with the Sony PlayStation 4 Cyberpunk 2077 Collector’s Edition on the counter. Alexander Sayganov | SOPA Images | LightRocket via Getty Images LONDON — Sony has removed the video game Cyberpunk 2077 from its PlayStation Store, in a move that has shocked industry analysts and added to the […]
Just ‘a few hours’ left to agree a Brexit trade deal, top EU negotiator says
European Commissions UK Task Force Chief Negotiator, Michel Barnier. Thierry Monasse | Getty Images News | Getty Images LONDON – The U.K. and the European Union are running out of time to agree terms on a post-Brexit trading arrangement, EU Chief Negotiator Michel Barnier has warned. Both sides have offered […]
China-based companies raised $11.7 billion through U.S. IPOs this year, the most since 2014
A Lufax flag on display during an event in Shanghai, China to launch the company’s initial public offering on the New York Stock Exchange. Arjun Kharpal | CNBC BEIJING — Investor appetite for Chinese companies in U.S. stock markets rose to a six-year high in 2020 despite tensions between the […]