Plus, weekly jobless claims hit their lowest level in the pandemic era but still came in above 1 million, White House and congressional Democratic negotiators have a self-imposed deadline of Friday to come to agreement on a relief package, and Bausch Health is spinning off is eye care business.
Read MorePlus, White House and Democratic negotiators made progress toward a deal on a new relief bill, ADP reported a sharp decrease in job creation in July, and Square’s earnings release was leaked ahead of schedule.
Read MorePlus, democrat and republican negotiators made some progress on the next coronavirus relief bill, Ford’s Hackett is out as CEO, and Take-Two Interactive reported strong earnings results.
Read MorePlus, stimulus stocks continue to sputter, Eli Lilly is beginning a late stage trial of its experimental coronavirus antibody treatment in nursing homes, Microsoft has 45 days to finalize a deal to buy TikTok, and another electric vehicle maker is going public via a merger with a blank-check SPAC.
Read MorePlus, big tech stocks crushed earnings, $600-a-week unemployment benefits are set to expire with no agreement on a new stimulus bill in Congress, Merck is preparing to launch a large study of its experimental coronavirus treatment, and Pinterest is on the rise.
Read MorePlus, jobless claims rose to 1.43 million last week, Johnson & Johnson said its coronavirus vaccine candidate protected moneys from the virus with a single shot, and big tech reports earnings after the bell.
Read MorePlus, the Fed wraps up its two-day meeting today, Sorrento Therapeutics has licensed a rapid coronavirus test, Boeing reported a loss in the second quarter, and L Brands announced it’s laying off 15% of its corporate workforce.
Read MorePlus, negotiations have begun on Republicans’ new coronavirus relief bill, McDonald’s said second quarter revenue dropped 30%, and DraftKings inked a new deal with the PGA Tour.
Read MorePlus, Republicans are expected to release the details of their coronavirus relief bill today, Hasbro shares are down after a 29% drop in revenue in the second quarter, and Target will be closed on Thanksgiving.
Read MorePlus, gold traded above $1,900 an ounce for the first time since 2011, Goldman Sachs is one step closer to resolving the 1MDB scandal in a settlement with Malaysia, and Intel shares are down sharply after its earnings beat was overshadowed by production delays.
Read MorePlus, coronavirus cases in the U.S. rose to 4 million, Senate Republicans have come to agreement with the White House on how to proceed with a new coronavirus relief bill, Tesla smashed earnings estimates, and another retailer declared bankruptcy.
Read MorePlus, the U.S. ordered China to close its consulate in Houston, Nike announced a leadership shake-up, Slack filed a complaint against Microsoft with the European Commission, and United Airlines reported earnings.
Read MorePlus, it’s looking unlikely Congress will pass another coronavirus relief bill before the end of July, IBM reported an earnings beat, eBay sold its classified ads unit, and Men’s Wearhouse-parent Tailored Brands is laying off 20% of its workforce and considering closing up to 500 stores.
Read MorePlus, AstraZeneca said its coronavirus vaccine developed with Oxford University showed a promising immune response in an early study, airline stocks are down after TSA said air travel is down for the first time since April, and Amazon is up after two bullish upgrades.
Read MorePlus, cruise stocks are down after the CDC officially halts the summer sailing season, Netflix reported disappointing earnings and subscriber growth guidance, and British Airways is grounding its fleet of Boeing 747 jumbo jets ahead of schedule.
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