Shares of Novacyt SA surged 17% on Wednesday, after news that a rapid test for coronavirus that has been developed by its U.K. division has been fast-tracked for emergency use by the World Health Organization. Novacyt ALNOV, +18.69% , which lists on …
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Shares of FedEx (NYSE:FDX) were up more than 6% on Wednesday morning on reports that Amazon.com (NASDAQ:AMZN) is at least temporarily scaling back its shipping ambitions. FedEx shares were punished in 2019 in part because of the threat of new …
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(CNN) — Dick’s Sporting Goods is finding it difficult to operate without any sports, gyms or basically any other physical activity. The sporting goods retailer that it’s furloughing a “significant number” of its roughly 40,000 employees beginning Sunday. Affected …
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America’s food supply chain has been turned upside down. Before the arrival of the coronavirus, statistics website Statista.com estimated that nearly half of all money Americans spent on food was spent at restaurants — $0.48 out of each $1, to be precise. Now …
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(Reuters) – U.S. crude stocks soared by more than 15 million barrels, most in one week in history, and gasoline stocks increased by more than 10 million barrels, the Energy Information Administration said on Wednesday. Crude inventories rose by 15.2 million …
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