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NEW YORK/LONDON/HONG KONG (Reuters Breakingviews) - Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights. Alongside entrepreneur Nat Turner and D1 Capital Partners, he is using his private capital to take Collectors Universe private for roughly $700 million. But like the gum that used to come with baseball cards, market bubbles have been known to pop. One reason is that private investors refused to participate in the programme. Next year Sunak will need to raise taxes to start addressing the 400 billion pounds Britain borrowed this year.
Persons: Steven Cohen, Nat Turner, Mike Trout, Anna Szymanski, Refinitiv, Tryg, Liam Proud, Ed Cropley, George Hay, Nomura, Kentaro Okuda, Brian Moynihan, Katrina Hamlin, Rishi Sunak’s, Boris Johnson Organizations: Reuters, Corona, Point72 Asset Management, Milken Institute Global Conference, TOPPS, New York Mets, D1 Capital Partners, Sports, ESPN, PNC Financial Services, BBVA’s, RSA Insurance, Danish, Exxon Mobil, Royal, Shell, Bank of America, THE, Nationwide Locations: HONG KONG, Beverly Hills , California, U.S, BBVA’s U.S, Nigeria, Kenya, France, Britain, Mozambique, Angola, Zambia, Japan, Tokyo, London, Covid
Breakingviews - Corona Capital: Bitcoin, Lonely Planet
  + stars: | 2020-12-01 | by ( Breakingviews Columnists | ) www.reuters.com + 0.00   time to read: +9 min
NEW YORK/LONDON/HONG KONG (Reuters Breakingviews) - Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights. Unforeseen side effects of the Covid-19 pandemic include a firmer belief on the part of investors in the potential of bitcoin. The company that also owns The Points Guy has bought Lonely Planet, the online guide for travel information, for an undisclosed sum. Alongside entrepreneur Nat Turner and D1 Capital Partners, he is using his private capital to take Collectors Universe private for roughly $700 million. One reason is that private investors refused to participate in the programme.
Persons: Dado Ruvic, Alliance Bernstein, Paul Tudor Jones, bitcoin, John Foley, Guy, Ric Elias, Airbnb, Lauren Silva Laughlin, Steven Cohen, Nat Turner, Mike Trout, Anna Szymanski, Refinitiv, Tryg, Liam Proud, Ed Cropley, George Hay, Nomura, Kentaro Okuda, Brian Moynihan, Katrina Hamlin, Rishi Sunak’s, Boris Johnson Organizations: Reuters, Corona, REUTERS, U.S ., U.S . Centers for Disease Control, Red Ventures, Lonely, BBC, Media, TOPPS, New York Mets, D1 Capital Partners, Sports, ESPN, PNC Financial Services, BBVA’s, RSA Insurance, Danish, Exxon Mobil, Royal, Shell, Bank of America, THE, Nationwide Locations: HONG KONG, Tennessee, BBVA’s U.S, Nigeria, Kenya, France, Britain, Mozambique, Angola, Zambia, Japan, Tokyo, London, Covid
LONDON/HONG KONG (Reuters Breakingviews) - Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights. LATEST- Exxon write-down- Nomura home-working- UK property marketEXX-GROWTH. The $161 billion U.S. driller is writing down the value of gas assets by $17 billion to $20 billion, its biggest ever impairment. Before the crisis, soaring property prices, especially around London, were a key reason for the regional inequality that Prime Minister Boris Johnson promised to tackle. Next year Sunak will need to raise taxes to start addressing the 400 billion pounds Britain borrowed this year.
Persons: Nomura, George Hay, Kentaro Okuda, Brian Moynihan, Katrina Hamlin, Rishi Sunak’s, Boris Johnson, Ed Cropley Organizations: Reuters, Corona, Blackburn, Darwen, Exxon, Exxon Mobil, Royal, Shell, BP, Bank of America, THE, Nationwide Locations: HONG KONG, Blackburn, Britain, Japan, Tokyo, London, Covid
Mamdani is one of three South Asian members of the Democratic Socialists of America who won historic down-ballot races earlier this month. Their wins point to the growing prominence of young South Asians on the left, many of whom, in the past half-decade, have transitioned from community activism to electoral politics. This year wasn’t the first time South Asian socialists found success in local elections. Some South Asian Democratic Socialists of America candidates pitched long-shot bids this year, and even in defeat, they’re laying the groundwork for the future. A win would have made the Sri Lankan immigrant the first Muslim and South Asian woman elected to the lower chamber.
Persons: Zohran, , , people’s, they’ve, Mamdani, he’ll, Nikil Saval, Nithya Raman, ” Abdullah Younus, Sangay Mishra, Kamala Harris, we’ve, Saval, who’s, Sen, Bernie Sanders, Kshama, Bhaskar Sunkara, Saikat Chakrabarti, Alexandria Ocasio, Faiz Shakir, Sanders, Ro Khanna, Pramila Jayapal, Khanna, Sanders ’, Fatima Iqbal, Nabilah Islam, Islam Organizations: South, Democratic Socialists of America, Asian, Democratic, Green New, Democratic Socialists, America's, Drew University, South Asian, , Socialist, Young, Jacobin Magazine, Justice Democrats, Rep, Progressive, Congressional Progressive Caucus, South Asian Democratic Socialists of, Assembly, Sri, Metro Atlanta, Democratic Socialists of Locations: New York, Ugandan, Queens, Astoria, Chhaya, Pennsylvania, Los Angeles, Asian, India, New Jersey, Philadelphia, Seattle, Alexandria, Cortez, American, California, South Los Angeles, Sri Lankan, South, Georgia, Democratic Socialists of America, Gwinnett County, Ocasio
Pfizer, BioNTech apply for coronavirus vaccine approval in Europe
  + stars: | 2020-12-01 | by ( Holly Ellyatt | ) www.cnbc.com + 0.00   time to read: +2 min
U.S. pharmaceutical giant Pfizer and its German partner BioNTech said they have applied to the European Medicines Agency for the conditional marketing authorization of their coronavirus vaccine. If the authorization is granted, it could potentially enable use of Pfizer and BioNTech's vaccine in Europe before the end of 2020, BioNTech said in a press release. "We have known since the beginning of this journey that patients are waiting, and we stand ready to ship Covid-19 vaccine doses as soon as potential authorizations will allow us." The news comes almost two weeks after Pfizer and BioNTech said that final data analysis from the late-stage clinical trial of their coronavirus vaccine showed it was 95% effective in preventing Covid-19 infection. Rival drugmaker Moderna said Monday it will request emergency clearance from the FDA for its coronavirus vaccine after new data confirmed the vaccine was more than 94% effective in preventing Covid-19 and was safe.
Persons: BioNTech, Dr, Albert Bourla, drugmaker Moderna, CNBC's Berkeley Lovelace Organizations: Research Centers of America, Pfizer, European Medicines Agency, CMA, U.S . Food, Drug Administration, FDA, drugmaker Locations: Hollywood , Florida, U.S, Europe, Covid
REUTERS/Rick WilkingWarren Buffett's Berkshire Hathaway announced more than $35 billion of investments last quarter. The billionaire investor's company spent almost $18 billion on stocks, repurchased a record $9 billion of its shares, and struck about $10 billion worth of deals. The famed investor's company responded to the backlash by announcing more than $35 billion worth of stock purchases, buybacks, and deals last quarter. They repurchased $9 billion worth in the three-month period, smashing their previous quarterly buyback record of $5.1 billion. Buying and sellingBuffett's company spent nearly $18 billion on stocks last quarter, but it also sold $12.8 billion worth.
Persons: Rick Wilking Warren, Berkshire Hathaway, Buffett, Warren Buffett, Read, Goldman Sachs Organizations: Bank of America, Dominion, Scripps, ION Media, Berkshire, Bristol Myers Squibb, Merck, Pfizer, Read, RBC, Goldman, JPMorgan, Costco Locations: Snowflake, Berkshire, AbbVie, COVID, Wells Fargo
Gen C, short for "Generation Covid," is the generation behind Gen Z, according to a Bank of America Research report. Most of Gen C's members are toddlers right now, but the report states they'll grow up to differ from Gen Z in four key ways. This new generation also won't remember the pandemic, setting it apart from Gen Z. Say hello to Gen C.Short for "Generation Covid," Gen C is the burgeoning generation following in Gen Z's footsteps — but it's expected to differ from the older generation in three key ways, according to a new Bank of America research report. "COVID-19 is looking to be the dividing line between Gen Z and the beginning of the next generation," he said, adding that generations have historically been divided by impactful events.
Persons: Gen Z, Gen C's, they'll, Gen, Gen Z's, Gen Cers, C, Jason Dorsey, Will, Dorsey Organizations: Bank of America Research, Bank of America, Business, Gen Locations: Gen
The affidavit says that President-elect Joe Biden won "more than 100% of the votes" in a county that doesn't exist. Keshavarz-Nia also said he hasn't actually analyzed the voting machines used in the 2020 election. There's no evidence of the claim, and the companies named in Powell's lawsuits have debunked the arguments made in her lawsuits. In another part of the affidavit, Keshavarz-Nia writes that President Donald Trump's lead in Pennsylvania dropped at a rate faster than votes can be counted. Gretchen Whitmer to ignore voters and "transmit certified election results that state that President Donald Trump is the winner of the election."
Persons: Donald Trump, Navid Keshavarz, Nia, Joe Biden, hasn't, Sidney Powell, Jonathan Oosting, Powell, Hugo Chávez, Nia sais, It's, Donald Trump's, Jenna Ellis, Jacquelyn Martin, Powell's, Trump, Biden, Gretchen Whitmer, Nia couldn't Organizations: Detroit Free Press, Trump, Michigan, USA, Reuters, Republican National Committee, AP, Republican Locations: Michigan, Edison County, Edison, United States of America, Pennsylvania, Washington
Thanks to that strategy, I've maxed out my retirement savings every year since 2014, and they're still a top priority. But what I haven't gotten into yet is exactly how I do that myself: the strategy I use to max out my Roth IRA every year, even when I'm barely keeping my head above water. I completely stopped saving money, and kept blowing my dad off when he asked whether I'd started a Roth yet. The next year, I made my retirement savings top priorityWith the money out of sight and out of mind, I didn't find myself missing it much. Every payday, as soon as the money hit my Bank of America checking account, I'd zip $230 out of it and over to a high-yield savings account at Ally.
Persons: I've, they're, Roth, I'm, I'd, Organizations: of America
A contrarian indicator from Bank of America that measures investor bullishness jumped in November as vaccine progress sparked optimism on Wall Street. The firm's equity strategists said the SSI indicates a 10% total return in the S&P 500 over the next 12 months. A Bank of America contrarian indicator measuring investor bullishness jumped in November as vaccine progress sparked optimism on Wall Street. In fact, the strategists said this signal indicates a 10% total return in the benchmark S&P 500 over the next 12 months. "It has been a bullish signal when Wall Street was extremely bearish, and vice versa," they said.
Persons: bullishness, Wall, Savita Subramanian, Shelby Osborne, BofA Organizations: Bank of America, SSI, HSBC Locations: Bank
USAA offers the most sought-after mobile banking tools among the largest US financial institutions in 2020, according to Insider Intelligence's fourth annual US Mobile Banking Competitive Edge Study. USAA has the most desirable mobile banking features. Insider Intelligence forecasts that for the first time, more than half (55.1%) of the US population will use mobile banking this year. And for many, it's more than a stop-gap measure for traditional in-branch or call center tasks: 79.5% of mobile banking users who responded to Insider Intelligence's 2020 US Mobile Banking Competitive survey say that mobile is their primary banking channel. USAA offers the most sought-after mobile banking tools.
Persons: USAA, BofA, Intelligence BofA, , NFCU, Chase Organizations: Mobile Banking, Intelligence, ., Banking, Money Management, Service, USAA, U.S . Bank, Citi, Bank of America, BBVA, . Bank, holdovers, Security, Control, Insider Intelligence Navy Federal Credit Union, Digital, Management, Insider Intelligence Citi, Insider Intelligence, Bank, US Mobile Banking, Ally, Bank of, BBVA USA, BMO Harris, Citizens, Fifth Third, HSBC, Navy Federal Credit Union, Regions, TD Bank, Union Bank Locations: — Wells Fargo, NFCU, Wells, Huntington, KeyBank, PNC, Santander, SunTrust, Wells Fargo
He could have quit but instead he pushed people to vote," Tanden tweeted at the time in response to what appeared to be a Sanders supporter. Another CAP board member from the finance community is Donald Sussman, a Democratic megadonor and hedge fund manager. CAP Action doubled its overall fundraising last year to $16 million, and over $8 million partially went toward its now defunct news organization ThinkProgress. It also came during the Democratic presidential primaries and while CAP Action continued to target Trump. Tanden insisted at the time that the news group is editorially independent of CAP, and CAP Action and called the video "overly harsh."
Persons: Joe Biden's, Neera Tanden, John Podesta, Hillary Clinton's, Donald Trump, Sen, Bernie Sanders, Tanden, Sanders, Biden, Hillary Clinton, Barack Obama, Kathleen Sebelius, Obama, Clinton, Ronald Reagan, Bill Kristol, Orin Kramer, CAP's, Jonathan Lavine, juggernaut Bain, Jonathan, Mitt Romney, Romney's, Eric Mindich, Stewart Bainum Jr, Goldman Sachs, Lawrence Linden, Kohlberg Kravis Roberts, Donald Sussman, Emily Sussman, ThinkProgress Organizations: Management, Democratic Party, OMB, Center for American Progress, Center for American Progress Action, Republican, Democratic, CAP, Health, Human Services, Trump, U.S . Senate, CNBC, Wall, Media, Bain, Choice Hotels, Golden West Financial Corp, Bank of America, Facebook, The, American Progress Action, Daily Locations: India, Washington, United States, Georgia, Tanden, Silicon Valley, R, Utah, BlackRock
The best banks and credit unions in Florida for 2020
  + stars: | 2020-12-01 | by ( Laura Grace Tarpley | ) www.businessinsider.com + 0.00   time to read: +19 min
The best banks in Florida for December 2020Bank Category Savings APY No. Below you'll find more about our top picks for the best banks and credit unions in Florida. Cash sign-up bonuses can be good tools to earn money even if a checking account doesn't pay a good rate. You can choose between three checking accounts: Chase Total Checking®, Chase Premier Plus Checking℠, and Chase Sapphire℠ Checking . Is it pretty easy to sync a brick-and-mortar checking account to this particular high-yield savings account?"
Persons: didn't, Ally Ally, Ally, Chase, Chase reimburses, VyStar, Wells Fargo, you'll, Banks, Mykail James, Laura Grace Tarpley, Tania Brown, Roger Ma, James Organizations: Savings, of America, Credit, Chase, Bank of America, Bank of America Bank of America, Chase Mobile, locator.chase.com, Retail, Chase Savings, Chase Premier, Citibank, Vystar Credit Union, SunCoast Credit Union, VyStar, Finance, Federal Deposit Insurance Corporation, National Credit Union Administration, MasterCard Locations: Florida, Alaska, Hawaii, Puerto Rico, Georgia, Canada, Mexico, America
The coronavirus pandemic took a $13 billion-wrecking ball to big media, according to an analysis of earnings reports and transcripts by Business Insider using Sentieo Inc. The last time the media business was hit this hard was during the financial recession of 2008, when the media industry culled 28,803 jobs. At Comcast, the pandemic's $1.8 billion impact was mainly reflected in year-over-year adjusted EBITDA declines at subsidiary NBCUniversal's theme parks and revenue declines at the filmed entertainment unit. Now these are just divisions of big companies. Disney Plus also reported 73.7 million global subscribers — partly driven by Verizon distribution, an impressive milestone for a one-year service.
Persons: Gray, Christine McCarthy, Read, Jeff Shell, Comcast's NBCUniversal, I'm, HuffPost, Andrew Essex, Brian Wieser, COVID Organizations: Business, Sentieo Inc, Comcast, Disney, AT, Fox, AMC Networks, Discovery, Lionsgate, Bank of America, Netflix Disney, ESPN, Warner Media, IPIC Entertainment, Netflix, Verizon, Network Locations: COVID, Disney's, California, NBCUniversal, Essex
The Rich, Literary Life of the Creator of America’s Favorite Girl Spy
  + stars: | 2020-12-01 | by ( Liesl Schillinger | ) www.nytimes.com sentiment -0.96   time to read: +2 min
SOMETIMES YOU HAVE TO LIEThe Life and Times of Louise Fitzhugh, Renegade Author of ‘Harriet the Spy’By Leslie BrodyHow would the universe address you, if it thought there was something you urgently ought to know? If you’ve ever seen the work of the conceptual artist Jenny Holzer, you get a sense of how it might work. Her project is interrupted when a classmate discovers one of the notebooks and shares it with their class. Some entries are philosophical, but her classmates mostly notice the takedowns: “JANIE GETS STRANGER EVERY YEAR”; “TODAY A NEW BOY ARRIVED. HE IS SO DULL NO ONE CAN REMEMBER HIS NAME.” They ostracize Harriet, but she refuses to end her mission of self-enlightenment.
Persons: Louise Fitzhugh, ‘ Harriet, Leslie Brody, Jenny Holzer, Stark, Truisms ”, Harriet, James Merrill, ” Fitzhugh’s Harriet, Ole Golly, Harriet winkled, JANIE, Ole, , Locations: New York City, American
ABIDJAN/LONDON (Reuters) - Ivory Coast and Ghana are cancelling all cocoa sustainability schemes that U.S.-based Hershey runs in their countries, accusing the chocolatemaker of trying to avoid paying a cocoa premium aimed at combating farmer poverty. FILE PHOTO: A farmer opens a cocoa pod at a cocoa farm in Bobia, Gagnoa, Ivory Coast, December 6, 2019. Ivory Coast and Ghana, which produce two-thirds of the world’s cocoa, said they are also barring third party companies from running sustainability schemes in the west African nations on behalf of Hershey. The schemes certify cocoa as sustainably sourced, allowing companies to market their chocolate as ethical and charge a premium for it. Ivory Coast and Ghana also said they are reviewing their membership of the Federation of Cocoa Commerce (FCC), a UK-based international organisation that aims to promote, protect and regulate the cocoa trade.
Persons: Thierry Gouegnon, Hershey, Blommer, condoning Organizations: Hershey, REUTERS, Reuters, Fuji Oil Holdings, Blommer, ICE, Cocoa Merchants Association of America, Ivorian, Federation of Cocoa Commerce Locations: ABIDJAN, LONDON, Ivory Coast, Ghana, Bobia, Gagnoa, Hershey, West Africa, U.S
HOUSTON/NEW YORK (Reuters) - Higher natural gas futures prices for 2021 and a continued glut of crude oil are prodding U.S. shale firms to boost gas drilling and production. REUTERS/Shannon Stapleton/File PhotoShale producers are increasing spending on natural gas, a change from the past, amid forecasts for a 45% jump in gas prices next year compared to a 15% gain for Brent prices. The number of U.S. rigs drilling for natural gas, an indicator of future output, has climbed 13% to 77 since July. Natural gas “has not been hit as hard as crude,” by the COVID-19 pandemic, said Bernadette Johnson, a vice president at data provider Enverus. GAS SHARES CLIMBGas prices are benefiting in part from oil drilling cutbacks that reduced associated gas, or gas produced as a byproduct of oil output.
Persons: Shannon Stapleton, Brent, , Christopher Kalnin, Banpu Kalnin, Baker Hughes, Marcellus, Raymond James, Bernadette Johnson, Ken Boedeker, Eugene Kim, Wood Mackenzie Organizations: HOUSTON, REUTERS, Organization of, Petroleum, Continental Resources, Oklahoma . Apache Corp, Denver, Kalnin Ventures, Devon Energy, Bank of America, U.S . Energy, Administration, Wood, Resources, Southwestern Energy Co, P Oil & Gas Exploration Locations: Western Pennsylvania, Union City , Pennsylvania, U.S, OPEC, Oklahoma, Texas, Louisiana, Raymond James .
The move shows a star of Australian consumer exports to China rewriting its strategy almost overnight as a 5-year-old free trade agreement between the countries — which had eliminated wine tariffs — gives way to strained diplomatic relations. Australia's Treasury Wine Estates said on Monday it would divert hundreds of thousands of cases of China-bound wine to other countries to avoid hefty tariffs, battering its shares as it acknowledged its future in its biggest market was unclear. A quarter of the company's upper-range Penfolds wine would be affected by the about-face, added the company, which makes about a third of its profit in China. Treasury shares fell as much as 12% in early trade on Monday, against a slightly weaker broader market. Ford said in a statement that Treasury would cooperate with the China investigation but "we call for strong leadership from governments to find a pathway forward."
Persons: Australia's, Julia Gillard, Tim Ford, Ford, David Errington, Errington, Simon Birmingham Organizations: of, Wine Estates, Treasury, China, TWE, of America, Ford, World Trade Organization, Trade, Canberra, Beijing Locations: Beijing, China, U.S, Europe, Asia, Shanghai, South America
Lloyds Bank named Charlie Nunn, head of wealth and personal banking at rival HSBC, as its next CEO on Monday. If Horta-Osorio leaves first, CFO William Chalmers could step in as interim CEO, Lloyds said. Nunn has agreed to a lower pay package than his predecessor, with his potential pay set at around £5 million ($6.7 million). Britain's biggest domestic lender Lloyds Banking Group has named Charlie Nunn, currently head of wealth and personal banking at rival HSBC, as its next chief executive. Pay cutAt Lloyds, Nunn will receive a lower pay package than his predecessor.
Persons: Charlie Nunn, Antonio Horta, Osorio, Nunn, William Chalmers, Read, KBW, Colin Jackson, Noel Quinn, Nuno Matos, Robin Budenberg, Morgan Stanley, JPMorgan, Goldman Sachs Organizations: Lloyds Bank, HSBC, Lloyds, Lloyds Banking Group, COVID, McKinsey, Accenture, ISS, Osorio, JPMorgan Chase, Bank of America, Citigroup, Goldman, Goldman Sachs Lloyds Locations: Horta
The Wall Street firm downgraded Bank of America and JPMorgan from to "underweight" from "overweight" and Goldman Sachs to "underweight" from "equal weight." Shares of messaging platform Slack (WORK) fell in premarket trading after Barclays downgraded the stock to "equal weight" from "overweight." The Wall Street firm said an acquisition from Salesforce (CRM) would cause limited upside for Slack shares. Shares of United Airlines (UAL) rose in premarket trading after Raymond James upgraded the stocks to "outperform" from "market perform." The Wall Street firm said United is taking a different approach than its peers, which could lead to market share gains when the economic recovery occurs.
Persons: Goldman Sachs, Morgan Stanley, Slack, Raymond James, Morgan Stanley's Katy Huberty, Palantir Organizations: Bank of America, JPMorgan, Barclays, Salesforce, United Airlines, Apple, Loop, General Electric, GE
A health worker injects a person during clinical trials for a Covid-19 vaccine at Research Centers of America in Hollywood, Florida. Investment bank Goldman Sachs has forecast that more than 70% of people in developed markets will be vaccinated against the coronavirus by fall 2021. They said they expected the first doses of coronavirus vaccines to go to the most high-risk groups of people in the U.S. from mid-December onwards. Goldman expects the U.S. Food and Drug Administration to approve the Pfizer-BioNTech and Moderna vaccines in the coming weeks, with an FDA advisory committee meeting on Dec. 10 and possibly Dec. 17. On Friday, Dr. Slaoui told CNBC that Americans could expect to get "substantially back to normal" by summer 2021.
Persons: Goldman Sachs, Goldman, Daan Struyven, Sid Bhushan, Johnson, Moderna, Moncef Slaoui, Slaoui Organizations: Research Centers of America, Investment, Pfizer, BioNTech, AstraZeneca, Novavax, U.S . Food, Drug Administration, CNBC Locations: Hollywood , Florida, Moderna, U.S, Canada
Stocks making the biggest moves premarket: Moderna, IHS Markit, Slack & more
  + stars: | 2020-11-30 | by ( Maggie Fitzgerald | ) www.cnbc.com sentiment -1.00   time to read: +2 min
S&P Global, IHS Markit — Shares of IHS Markit rose more than 4% in premarket trading on news financial markets-data giant S&P Global agreed to buy IHS Markit for $44 billion, making it the biggest corporate deal of 2020 so far. The Wall Street firm downgraded Bank of America and JPMorgan from to "underweight" from "overweight" and Goldman Sachs to "underweight" from "equal weight." Slack — Shares of the messaging platform fell in premarket trading after Barclays downgraded the stock to "equal weight" from "overweight." The Wall Street firm said an acquisition from Salesforce would cause limited upside for Slack shares. United Airlines — Shares of the airline rose in premarket trading after Raymond James upgraded the stocks to "outperform" from "market perform."
Persons: Goldman Sachs, Morgan Stanley, Slack, Raymond James, Morgan Stanley's Katy Huberty, Palantir Organizations: Moderna, Food and Drug Administration, P Global, IHS, Bank of America, JPMorgan, Barclays, United Airlines —, Apple —, Apple, Loop Locations: Covid
Lisa Taylor receives a COVID-19 vaccination from RN Jose Muniz with the help of Karenda Palmer, a staff member, as she takes part in a vaccine study at Research Centers of America on August 07, 2020 in Hollywood, Florida. Joe Raedle/Getty Images How AstraZeneca and Oxford blew their big vaccine moment: A messy week that overshadowed what should have been a scientific victoryAstraZeneca and the University of Oxford said that their coronavirus vaccine succeeded in a trial. Buoy HealthBuoy Health in November raised $37.5 million from the likes of Cigna Ventures, Optum Ventures, and Humana. Read the full presentation here>>A 16-year-old participates in Pfizer's clinical trial to test its coronavirus vaccine candidate. Read the full story from Andrew Dunn here>>More stories we're reading:December is shaping up to be another critical month in the vaccine race.
Persons: Moderna, Lisa Taylor, Jose Muniz, Karenda Palmer, Joe Raedle, Dr, Catherine Schuster, Bruce, Andrew Dunn, Lydia Organizations: COVID, AstraZeneca, Research Centers of America, Oxford, University of Oxford, Health, Cigna Ventures, Optum Ventures, Humana, Cincinnati Children’s Hospital, Cincinnati Children’s, Business Locations: Denver, ., Hollywood , Florida, Cincinnati
Dr. Scott Gottlieb told CNBC on Monday that nearly one-third of U.S. residents could ultimately have been infected by the coronavirus by the end of 2020. "We're going to probably have by the end of this year, 30% of the U.S. population infected," Gottlieb said on "Squawk Box." There are roughly 13.4 million confirmed coronavirus infections in America so far this year, according to data compiled by Johns Hopkins University. In early November, for example, when the country's daily cases were around 121,000, Gottlieb suggested the actual case number was much higher. The country's seven-day average of new coronavirus cases is nearly 162,400, according to a CNBC analysis of Hopkins data.
Persons: Scott Gottlieb, Gottlieb, We're, Nate Rattner Organizations: CNBC, Food and Drug Administration, Johns Hopkins University . New, Hopkins, Pfizer, FDA, Moderna Locations: North Dakota, South Dakota, it's, America, U.S
S&P Global, IHS Markit — S&P Global said it would buy IHS Markit for $44 billion, including debt, in a deal that is expected to close in the second half of 2021. S&P Global investors will receive 67.75% of the combined company once the deal closes. Shares of S&P Global rose 3.2% and IHS advanced 9.4%. Under the new deal, GM will not build the truck. Carnival Corp – Shares of the cruise operator fell more than 4% amid a sell-off in companies sensitive to the economy reopening.
Persons: Douglas Peterson, Nikola —, Nikola, Morgan Stanley, Salesforce, Slack, CNBC's David Faber, Salesforce's, Raymond James, — CNBC's Pippa Stevens, Maggie Fitzgerald Organizations: , Food and Drug Administration, P Global, IHS, General Motors, GM, Apple, Wall, . Delta Air Lines, Bank of America, of, Royal, Cruise, Chevron, Exxon Locations: Covid, Royal Caribbean
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