Abbott gets second EUA for COVID-19 antibody test

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Abbott gets second EUA for COVID-19 antibody test

Shares of Abbott Laboratories ABT, +0.45% were up 0.1% in trading on Monday after the company announced that it received its second authorization from the Food and Drug Administration to market a COVID-19 antibody test. The newest test is similar to the …
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JC Penney may close more stores, report indicates

J.C. Penney Co. may be about to file for bankruptcy protection and to close permanently a quarter of its 850 stores, according to a published report. Reuters quoted “people familiar with the matter” about the prospect of a bankruptcy filing that “would cap a long …
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With debt due and no money to pay, GNC is searching for options, including bankruptcy

Pittsburgh-based health supplement retailer GNC Holdings Inc. told investors that it may have to file for Chapter 11 bankruptcy protection if it cannot secure an agreement with its lenders or otherwise refinance more than $700 million in debt due by the end of …
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Frito-Lay Launches Direct-To-Consumer Sites Amid Pandemic Snacking Surge

As Americans seek comforts amid the coronavirus pandemic, snacking is experiencing a boon. And Frito-Lay’s new direct-to-consumer sites are launching just in time to meet this sea change. Today the snacking giant that already has a presence in 94% of …
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US gas prices rise for second week as demand begins comeback

Gasoline prices nationally climbed for the second straight week as the lifting of stay-at-home orders across the country boosted demand, according to the fuel-tracking website GasBuddy. In Houston, average gasoline prices were unchanged at $1.51 a gallon …
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