The Bank of England decided on Thursday to leave its key rate unchanged at 0.1% and keep the ceiling of its government bond-buying program at £875 billion ($ 1.1 trillion), as it noted that the U.K. economy is currently developing in line with its expectations. The British central bank, after …
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Pfizer’s coronavirus vaccine could be approved by the FDA as soon as this week. AFP/Getty Images Trump administration officials on Monday denied a New York Times report that said they passed when Pfizer offered in late summer to sell the U.S. government additional doses of its COVID-19 vaccine candidate. Now …
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Hi there, MarketWatchers. Don’t miss these top stories: Personal Finance Why Major Biden becoming the first shelter dog in the White House is a big deal 2020 has seen a ‘massive surge’ in animal fosters and adoptions, and a rescued First Pet could inspire even more. Yankees legend Andy Pettitte …
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Just three months after taking the job, TikTok Chief Executive Officer Kevin Mayer announced his resignation in an internal memo to employees late Thursday, where he spoke of a changing political landscape. “ “In recent weeks, as the political environment has sharply changed, I have done significant reflection on what …
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Dominic Raab, the U.K. foreign secretary, has been criticized after saying that taking the knee comes from the “Game of Thrones” TV series. Raab, who led the country while Prime Minister Boris Johnson was hospitalized with COVID-19, also said the gesture “feels to me like a symbol of subjugation, subordination.” …
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Warren Buffett says Berkshire Hathaway dumped all of its holdings in the airline sector, painting a grim picture of the industry that has been badly hurt by the COVID-19 pandemic. “I was wrong about that business,” Buffett said, speaking on Saturday in Omaha, Neb., at Berkshire’s annual shareholder meeting, which …
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Boris Johnson declared on Thursday that Britain was “past the peak” of the coronavirus outbreak and was now on a downward slope. The Tory prime minister used his first appearance at the government’s daily pandemic briefing since leaving hospital to give more details about the five conditions he says must …
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Skyworks Solutions Inc. became the latest Apple Inc. supplier to warn of negative impacts from the novel coronavirus epidemic Wednesday, joining the smartphone giant itself and a number of other supply-chain partners. Semiconductor company Skyworks SWKS, +3.74%, based in California, lowered its revenue and earnings forecast Wednesday as the company now …
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COVID-19, the disease caused by the new coronavirus that was first identified late last year in Wuhan, China, has been a dominant theme in the earnings releases and conference calls of S&P 500 companies as investors press for answers on how it will impact their financials. A FactSet search of …
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