India's Biocon secures approval use drug on coronavirus patients
India’s Biocon Ltd has received regulatory approval for its drug Itolizumab to be used on coronavirus infected patients suffering from moderate to severe respiratory distress, the biopharmaceutical company said in a statement on Saturday.
Coronavirus vaccine could tilt election toward Trump by energizing stock market
The S&P 500 has rallied 42 percent from its March 23 low, but the momentum has stalled over the past week as the number of daily COVID-19 infections reached the highest level on record.
Chinese banks must brace for surge in bad loans, regulator says
China’s banks should brace for a big jump in bad loans due to coronavirus-induced economic pain, the financial regulator said on Saturday, noting the deterioration of asset quality at some small and mid-sized financial institutions was accelerating.
Bill Gates calls for COVID-19 meds to go to people who need them, not 'highest bidder'
Billionaire philanthropist Bill Gates called for COVID-19 drugs and an eventual vaccine to be made available to countries and people that need them most, not to the “highest bidder,” saying relying on market forces would prolong the deadly pandemic.
U.S. sets record for new COVID cases third day in a row at over 69,000
A total of nine U.S. states - Alaska, Georgia, Idaho, Iowa, Louisiana, Montana, Ohio, Utah and Wisconsin - also reached records for single-day infections.
Here’s why some people received stimulus cash on prepaid debit cards
Millions of individuals received debit cards instead of paper checks.
AMC Theaters ink deal to help it survive pandemic
AMC Entertainment Holdings Inc. has reached a deal with investors who will pump $300 million of new money into the company, as the nation's largest theater chain looks to restart its business and fill seats with moviegoers still wary of the coronavirus pandemic.
What is the Fed's Main Street Lending Program?
The Federal Reserve aims to help U.S. businesses access loan money.
Soap makers are cleaning up amid the pandemic, but can't get enough hand pumps
Demand for soap during the coronavirus pandemic has resulted in a shortage of hand pump soap dispensers.
Here’s what Trump’s back-to-work bonus could look like
The administration confirmed a bonus for returning to work is under consideration.
Turning 60 this year? Here's how it could result in lower Social Security benefits
If you're currently 60, or are turning 60 in 2020, you may need to brace for smaller Social Security benefits than you'd expect.
Less than half of older Americans can work from home: Here's why that's a problem
While the current state of the economy puts all workers in a potentially precarious employment position, older workers may be more worried than others for one simple reason: Most of their jobs can't be done remotely.
Nasdaq grabs new record as stocks post weekly gains
US stocks end week on a positive note ahead of earnings season.
American Airlines might cancel Boeing 737 MAX orders
The carrier has struggled to secure financing for 17 jets it had expected Boeing to deliver.
Second stimulus check would be smaller: Larry Kudlow
The White House is also pushing bonus for returning to work, Trump economic adviser Larry Kudlow says.
Who might be eligible for a second stimulus check and for how much money?
Lawmakers and the administration have recently advocated for another direct payment.
No longer Dana White's dream, UFC's Fight Island is real
The UFC went only eight weeks without competition before staging eight events in Jacksonville and Las Vegas, but Dana White knew he would quickly run out of U.S.-based fighters if he couldn't find a venue less encumbered by travel restrictions. White partnered with his longtime friends in Abu Dhabi's government to create a fight oasis.
Eiffel Tower's terrace reopens for post-coronavirus lockdown partying
The Eiffel Tower reopened this week after undergoing its longest period out of action since World War Two.
‘Extreme delays,’ backlogged tax returns: When will your refund arrive?
The IRS has resumed processing paper returns as millions wait for their money.
Trump asks Treasury to review colleges' tax-exempt statuses, threatens to revoke funding
President Trump on Friday said he would direct the Treasury Department to review the tax-exempt statuses of some universities.


















