‘He financed a brand-new car in his name for me — it cost over $45,000. I made aggressive payments every month and even took money from my 401(k) to pay off the car.’
Novavax Inc. has delayed plans to seek regulatory clearances for its COVID-19 vaccine, while shortages in raw materials are slowing the ramp-up of production of doses, the company said.
Epic’s main economic expert, David Evans, chairman of Global Economics Group, detailed Apple’s monopoly in smartphone operating systems as the relevant market in question.
There is now an authorized COVID-19 vaccine for younger teens, paving the way for immunizations to begin to reach a broader group of Americans at a time when the pace of vaccinations is slowing.
The U.S. economy may be seeing a powerful restart as the pandemic subsides, but the world’s largest asset manager sees pitfalls in underestimating just how slow the Federal Reserve can go in tightening monetary policy.
Chip stocks posted their worst day in two months Monday, falling into correction territory, as the tech sector retreated with the broader market trading.
The Dow Jones Industrial Average tumbled 350 points intraday from its all-time high above 35,000 Monday, while shares of highflying technology companies swooned, pulling the Nasdaq Composite sharply lower.
Shares in BioNTech surged 7% on Monday, after the German biotech’s first-quarter earnings revealed a windfall of revenue and profit amid the global push to vaccinate against COVID-19.
The Biden administration on Monday said it hasn’t offered advice to Colonial Pipeline about paying a ransom after it was victimized by an attack over the weekend.