British scientist Dr. Robin Shattock told CNBC on Tuesday the public shouldn’t expect a coronavirus vaccine to hit the market until early next year, despite recent advances. “The closest we’ll get to making this available will be early next year, or later,” Shattock, head of mucosal infection and immunity at the Department of Medicine at […]
Tag: business news
Trump ally Roger Stone should go to prison for up to 9 years, prosecutors say
President Donald Trump early Tuesday blasted federal prosecutors for seeking a prison term of between seven and nine years for his longtime ally Roger Stone, a Republican political operative convicted of lying to Congress in the Russian election meddling probe. Prosecutors on Monday had called for that long prison term by citing the seriousness of […]
What to look for when Fed Chair Powell meets with Congress this week
Federal Reserve Chairman Jerome Powell heads to Capitol Hill on Tuesday at a touchy juncture: The world is awash in fear from a deadly virus outbreak, lawmakers are just getting over a historically bruising political battle, and the central bank continues to fight against the perceived evil of low inflation. In his semiannual remarks to […]
Amazon wants to question President Trump over JEDI cloud contract loss
WASHINGTON — Amazon is seeking to depose President Donald Trump, Defense Secretary Mark Esper and former Defense Secretary James Mattis over a $10 billion Pentagon cloud contract awarded to Microsoft. In court documents unsealed and filed Monday, Amazon’s cloud computing arm said it’s looking to depose seven “individuals who were instrumental” in the JEDI source […]
First-quarter US GDP may be as low as 1.2% because of coronavirus, but stocks don’t seem to care
A volunteer measures a passenger’s body temperature. In light of a coronavirus outbreak in China, Hong Kong district councillors and residents formed makeshift quarantine stations, screening passengers arriving from China, Feb. 4, 2020. Willie Siau | SOPA Images | LightRocket | Getty Images Concern about the coronavirus is weighing heavily on the outlook for first-quarter […]
WeWork closes 100 buildings, UK confirms new cases
This is a live blog. Please check back for updates. All times below are in Eastern time. Total confirmed cases: More than 40,000 Total deaths: At least 910 9 am:Â Inflation in China runs rampant because of the outbreak Inflation in China hit its highest level in more than eight years last month as the outbreak […]
Bloomberg only Democrat to top Trump in Gallup poll of small business owners
Democratic U.S. presidential candidate Michael Bloomberg addresses a news conference after launching his presidential bid in Norfolk, Virginia, U.S., November 25, 2019. Joshua Roberts | Reuters Mike Bloomberg is the only Democrat to top President Donald Trump in a Gallup poll of small business owners. Fifty-two percent said they favored the former New York mayor […]
The ‘storm has not receded’ for Credit Suisse ahead of Thiam’s swan song
Tidjane Thiam, chief executive officer of Credit Suisse, speaks during an earnings news conference in Zurich, Switzerland, on April 24, 2019. Stefan Wermuth | Bloomberg | Getty Images Credit Suisse CEO Tidjane Thiam will deliver his final earnings report at the helm of the Swiss lender on Thursday, less than a week after his resignation […]
Amazon Flex drivers use bots to get more work
Contractors working for the Amazon Inc. Flex program load packages into vehicles to deliver to customers in San Francisco. David Paul Morris | Bloomberg | Getty Images Like many gig economy workers, Amazon Flex drivers start off their day by opening an app. The Flex app is where drivers find package delivery jobs in their […]
AnitaB.org CEO Brenda Wilkerson interview
AnitaB.org CEO Brenda Wilkerson is trying a different approach to diversity in Silicon Valley. Brenda Wilkerson is disappointed with Silicon Valley’s repeated diversity failures, and says time is running out. Nearly two years ago, the former computer programmer and entrepreneur took the CEO role at AnitaB.org, a non-profit organization named after famed computer scientist Anita […]
