Trump threatens new tariffs on China in retaliation for coronavirus

WASHINGTON (Reuters) – U.S. President Donald Trump said on Thursday his hard-fought trade deal with China was now of secondary importance to the coronavirus pandemic and he threatened new tariffs on Beijing, as his administration crafted retaliatory measures over the outbreak. FILE PHOTO: U.S. President Donald Trump speaks about the coronavirus response during a meeting […]

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ISS gives ‘cautionary’ backing for JPMorgan lead director Raymond

FILE PHOTO: A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segar BOSTON (Reuters) – Institutional Shareholder Services (ISS) recommended on Thursday that investors vote in favor of all board nominees at JPMorgan Chase & Co (JPM.N) but called its support for […]

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Floridians Left Frustrated by Town Hall Addressing State’s Unemployment System

STATEWIDE — Two Florida state lawmakers held a Facebook Live Q&A session about Florida’s unemployment system. Spectrum News for weeks has been covering the troubles people have had trying to file for benefits. Jennifer Whitten is one of those people. She was just about to celebrate her three year anniversary at her office manager job, […]

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Boeing raises $25 billion in blowout debt sale

(Reuters) – Boeing Co (BA.N) raised $25 billion in a bond offering on Thursday, a blowout result for the planemaker, which is shoring up its finances during the coronavirus-induced travel downturn. FILE PHOTO: A Boeing logo is seen at the company’s facility in Everett after it was announced that their 777X model will make its […]

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Boeing says will not seek further funds from U.S. govt

(Reuters) – Boeing Co (BA.N) has no plans to seek additional funding through the capital markets or from the U.S. government at this time, the planemaker said in a statement on Thursday. The company raised $25 billion in a bond offering on Thursday in a bid to shore up its finances during the coronavirus-induced travel […]

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Trump threatens new tariffs on China as U.S. mulls retaliatory action over virus

WASHINGTON (Reuters) – U.S. President Donald Trump said on Thursday his hard-fought trade deal with China was now of secondary importance to the coronavirus pandemic and he threatened new tariffs on Beijing, as his administration crafted retaliatory measures over the outbreak. FILE PHOTO: U.S. President Donald Trump speaks about the coronavirus response during a meeting […]

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Amazon sees possible second-quarter loss as it forecasts $4 billion in COVID-19-related costs

(Reuters) – Amazon.com Inc (AMZN.O) on Thursday said it could post its first quarterly loss in five years because it is spending at least $4 billion in response to the coronavirus pandemic, including plans to test its workers for COVID-19, providing staff with protective gear and raising hourly wages. FILE PHOTO: The logo of Amazon […]

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Apple sales inch higher despite coronavirus but CEO Tim Cook sees uncertain future

(Reuters) – Apple Inc reported sales and profits that beat Wall Street expectations Thursday, with Chief Executive Officer Tim Cook saying China sales were “headed in the right direction” as that country reopens from the novel coronavirus. FILE PHOTO: A municipal policeman wearing a protective face mask walks past the closed Apple store on the […]

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Amgen studying Otezla for coronavirus, first-quarter results beat Street estimates

(Reuters) – Amgen Inc (AMGN.O) on Thursday reported better-than-expected first-quarter results and said it plans to study psoriasis drug Otezla as a potential treatment for COVID-19, the respiratory disease caused by the new coronavirus. FILE PHOTO: An Amgen sign is seen at the company’s office in South San Francisco, California October 21, 2013. REUTERS/Robert Galbraith/File […]

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Gilead to work with partners to ramp up production of potential coronavirus treatment

(Reuters) – Gilead Sciences Inc, maker of the experimental coronavirus drug remdesivir, on Thursday said it will work with international partners to expand production of the potential COVID-19 treatment. FILE PHOTO: Gilead Sciences Inc pharmaceutical company is seen after they announced a Phase 3 Trial of the investigational antiviral drug Remdesivir in patients with severe […]

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