Tag Archives: business-fox

Stock futures head lower to end the week 

Forecasters warn the recent rise in stocks might be too big and too fast

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Stocks fight for gains as coronavirus treatment shows promise 

A study found Gilead Science’s drug remdesivir reduced the risk of death for COVID-19 patients by 62 percent.

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New OECD data sheds light on multinationals profit-shifting to cut taxes 

Data indicates corporations tend to book profits in low tax financial hubs rather than where they really do much of their business

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Deutsche Bank penalized $150M for Jeffrey Epstein relationship 

The bank, which is said to have had a major role in Epstein’s financial affairs, previously said it regretted its ties to the deceased, accused sex-trafficker.

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Regeneron begins COVID-19 antibody cocktail late-stage trial, shares rise 

Regeneron said it began late-stage clinical trials to assess the effectiveness of its antibody cocktail.

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Texas oil industry crafts plan for students to graduate debt free with 6-figure job 

The program would help fill the hundreds of thousands of positions that will be needed in the coming years to develop the massive 2016 oil discovery in the Permian Basin, located in West Texas and New Mexico.

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Germany finalizing plan to phase out coal energy 

The vote provides a roadmap that envisions the phase-out of coal between now and 2038

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Apple, AT&T, Jack Daniel’s: Fed issues details on bond buys 

The Federal Reserve will purchase corporate bonds from roughly 750 companies in the coming months to keep borrowing costs low and smooth credit flow.

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Pepsi quietly joining Facebook ad boycott: sources 

PepsiCo, Inc. is quietly joining the growing number of companies pulling ad dollars from Facebook, people close to the matter tell FOX Business.

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Oil giants may face job cuts as coronavirus threatens recovery 

ExxonMobil denied speculation that it is planning on cutting 5-10 percent of its workforce this year.

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California considers 1st-in-US electric truck sales rule 

California is expected to approve new rules Thursday to sell more electric trucks and delivery vans.

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California considers 1st-in-US electric truck sales rule 

California is expected to approve new rules Thursday to sell more electric trucks and delivery vans.

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Al Gore, UN Secretary-General, others now demanding ‘Great Reset’ of global capitalism 

During COVID and protests a growing movement among the world’s most powerful leaders has slipped beneath the radar.

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