April 30, 2020

Amgen studying Otezla for coronavirus, looking into other treatments

Amgen Inc 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 […]
April 30, 2020

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

Gilead Sciences Inc, maker of the closely-watched experimental coronavirus drug remdesivir, on Thursday said it will work with international partners to expand production of the potential […]
April 30, 2020

Biggest U.S. banks says they submitted $45.8 billion in loans for emergency aid program

The two largest U.S. banks, JPMorgan Chase & Co and Bank of America , said on Thursday that they submitted almost half a million applications worth […]
April 30, 2020

Amazon’s second-quarter forecast weighed down by $4 billion in COVID-19 related costs, shares fall

Amazon.com Inc on Thursday warned that it could post a loss in the second quarter as it tacked on about $4 billion in costs related to […]
April 30, 2020

Gilead aims to expand remdesivir output for COVID-19, posts flat 1st-quarter results

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 […]
April 30, 2020

Apple reports higher sales as China reopens after coronavirus but gives no forecast

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 […]
April 30, 2020

Buffett likely to finally address pandemic at Berkshire Hathaway meeting

Berkshire Hathaway Inc’s annual meeting will be nothing like the extravaganzas of years past, but will give Warren Buffett a chance to show how resilient his […]
April 30, 2020

Ford Motor steps up campaign to convince union workers to restart U.S. output

Ford Motor Co on Thursday outlined the safety measures it will institute to restart its most profitable U.S. plants, expanding on similar efforts by General Motors […]
April 30, 2020

Wall St. slides on grim jobless data, set for best month in decades

Wall Street’s main indexes fell on Thursday after a strong month of gains as millions of more Americans applied for jobless claims, taking the shine off […]
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