One of Gilead Sciences Inc.’s biggest bulls says the drugmaker’s experimental therapy for coronavirus has at best a 50/50 shot at success. Developing a treatment for the deadly virus “remains a somewhat risky, unclear opportunity,” RBC analyst Brian …
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Detroit (Reuters) – Former United Auto Workers (UAW) President Gary Jones was charged on Thursday with embezzling more than $1 million as part of a U.S. corruption probe that has raised the specter of the federal government taking over the labor union.
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The UK’s competition regulator has warned retailers and traders not to use coronavirus as an excuse to rip off customers and said it would consider action against companies that charge excessive prices for goods or make misleading …
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(Reuters) – HP Inc (HPQ.N) on Thursday rejected Xerox Holdings Corp’s (XRX.N) raised takeover bid of about $35 billion, saying it undervalued the personal computer maker. The U.S. printer maker last month increased its offer by $2 to $24 per share, after its …
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The U.S. dollar fell on Thursday amid expectations of the Federal Reserve will cut interest rates further, after slashing them by 50 basis points this week in an emergency move to shield the economy from the effects of coronavirus. The Fed had mentioned the …
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