J&J, after surprisingly strong 2Q, ups outlook for the year

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J&J, after surprisingly strong 2Q, ups outlook for the year

Johnson & Johnson had a surprisingly strong second quarter and bumped up its 2020 forecast even after COVID-19 contributed to a 40% chop to revenue from medical device sales. Growing U.S. pharmaceutical sales helped the world’s biggest health …
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Treasure hunt! MI man buries $1M worth of jewelry

About a million dollars’ worth of gold and jewelry are up for grabs! The pandemic is forcing Johnny and Amy Perri to close their family jewelry store in Washington Township, Michigan. So, they decided to make a real-life treasure hunt with most of the store’s …
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Bank of America profit more than halves as threat of bad loans looms

(Reuters) – Bank of America Corp (BAC.N) saw its profit more than halve in the second quarter as it set aside $5 billion against future loan losses in what its top boss called the “most tumultuous period since the Great Depression”. FILE PHOTO: A Bank of …
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ECB takes policy pause even as pandemic worries rise

FRANKFURT (Reuters) – The European Central Bank kept policy unchanged as expected on Thursday, taking a pause after a string of extraordinary moves that pushed out the boundaries of monetary policy and helped the euro zone stay afloat during a …
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Emirates Airline increases its passenger network to 62 destinations

Passengers will soon have more destinations to travel to via Emirates later this month and in August. The UAE’s national airline has announced four additional cities for passenger travel, within the Middle East, Asia Pacific, Africa, and Europe. This takes …
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