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: AstraZeneca sold its stake in Moderna for more than $1 billion, as it looks to develop its own pipeline of drugs

ByadminMarch 1, 2021

2021-03-01 20:41:00 {widget1} AstraZeneca AZN, + 0.50% sold its entire 7.7% stake in US biotech company Moderna for more than $ 1 billion. The money from the sale of AstraZeneca's stake will help support the UK-Swedish pharmaceutical company's finances as it develops

Business

Peter Morici: Raise the minimum wage to $12 an hour

ByadminMarch 1, 2021

2021-03-01 11:00:00 {widget1} Democrats want increase the minimum wage to $ 15 an hour to tackle inequality, but that may not be the best way to solve that problem. Conservative – and many politically moderate – economists don't like governments setting

Business

Europe Markets: Travel and leisure stocks surge in standout trading as European markets stall

ByadminFebruary 23, 2021

2021-02-23 10:16:00 {widget1} Optimism about an end to social constraints is pushing travel and leisure stocks up, driving European markets on Tuesday as indices across the continent flat or fell. Commodity prices at multi-year highs have also strengthened the markets. The

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Capitol Report: Biden says he’s open to making his $1.9 trillion aid plan ‘cheaper’

ByadminFebruary 20, 2021

2021-02-19 21:54:00 {widget1} President Joe Biden suggested Friday that he was willing to cut back on his big COVID-19 contingency plan, with his comments as the Democrat-led House and Senate work to implement it without any Republican backing. "I am grateful that the

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The Fed: Fed’s Williams downplays risks to economy from excessive fiscal stimulus or high asset prices

ByadminFebruary 19, 2021

2021-02-19 19:27:00 {widget1} A top Federal Reserve official on Friday pushed back ongoing concerns that the economy's recovery from the pandemic recession could be derailed this year by excessive fiscal stimulus from Washington or a sudden reversal in ever-rising asset