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The coronavirus triggered the sharpest economic contraction in modern history. The Commerce Department documents that damage on Thursday, when it releases its first estimate of second-quarter...
The coronavirus is an easier target for potential vaccines than other pathogens, and a prime candidate for new cutting-edge vaccine platforms.
Royal Dutch Shell avoided its first quarterly loss in recent history, helped by a booming trading business, but announced nearly $17 billion in impairment charges reflecting...
Germany recorded its worst deterioration in the economy in the second quarter since 1970, according to statistics released on Thursday.German gross domestic product fell a seasonally...
European stocks traded lower on Thursday on the busiest day of second-quarter earnings season, with concerns mounting about a sluggish economic recovery and a possible second...
Late-night host Jimmy Fallon joked about the testimonies of Apple, Amazon, Facebook and Google CEOs who spoke virtually before congress during an antitrust hearing.
Qualcomm Inc.’s (QCOM) shares spiked 12% in extended market trading after announcing a $1.8 billion settlement agreement with Huawei Technologies and providing its revenue outlook for...
Volkswagen has reported an operating loss of 800 million euros ($940 million) for the first half of 2020 and cuts its dividend as the coronavirus pandemic...
AstraZeneca PLC said Thursday that second-quarter net profit surged and that late-stage trials for the vaccine it is developing with University of Oxford researchers are under...
The drop in GDP is expected to be the biggest drop ever recorded