NIH Panel Refutes FDA’s Claims Of The Benefits Of Coronavirus Plasma Treatment
A panel of experts convened by the National Institutes of Health said Tuesday there is “insufficient data” to show convalescent…
Day: September 1, 2020
The U.S. Dollar Could Be In A Decade-Long Decline
The dollar has entered a downward cycle it may not crawl out of for a decade. The dollar has been…
Federal Health Advisors Predict Four Coronavirus Vaccine Trials Backed By U.S. Could Fail
A top group advising U.S. health officials predicted Tuesday that four late-stage coronavirus vaccine trials backed by the United States…
GM CEO Mary Barra To Meet With Ivanka Trump On Wednesday
DETROIT – General Motors CEO Mary Barra is scheduled to meet Wednesday with White House adviser Ivanka Trump at the…
Nigerian Independents Tackle Market Volatility
Since the Federal Government of Nigeria enacted its Local Content Law in 2010, several indigenous operators – Atlas Petroleum International…
Euro Breaks Through $1.20 As Dollar Sell-Off Gathers Pace
The euro broke through the $1.20 mark for the first time since 2018 on Tuesday and the dollar slipped to…
Virgin Atlantic, Eyeing Approval Of Rescue Deal, Restarts More Routes
Virgin Atlantic will resume flying to Delhi, Tel Aviv, Atlanta, Mumbai and Lagos from London in September as travel restrictions…
The Oil Price And Production Paradox
Nigeria’s public finances work well when oil prices are above US$50.00/bbl (better still, above US$60.00/bbl). Though prices are trending in…
Nigeria Naira Firms 9.7% On Black Market On Plans To Sell FX To Currency Operators
The Nigerian currency firmed sharply on the black market on Tuesday, gaining 9.65% to 435 naira against the U.S. dollar,…
Here are Tuesday’s biggest analyst calls of the day: Apple, Zoom, Chipotle, Penn National & more
Here are the biggest calls on Wall Street on Tuesday: BTIG upgraded Zoom to buy from neutral BTIG upgraded the…
Tech Investor Who Got In Early On The Cloud Software Boom Discusses What Happens Next
A View from the Top is a Q&A series exclusively available on CNBC Pro. CNBC reporters will regularly speak with…
Analyst Raves Over Penn Gaming-Barstool, Sees 46% Upside: ‘Don’t Bet Against Portnoy’
Penn National Gaming’s investment in David Portnoy’s Barstool Sports is nothing short of brilliant, pairing one of the largest online…
Samsung’s New $1,999 Folding Phone Launches On Sept. 18
Samsung on Tuesday announced that its new folding phone launches on Sept. 18 for $1,999. It will be sold by…
Expect Trump To Talk Less And Less About The Pandemic The Closer He Gets To The Election, Political Strategists
At a daily press briefing originally designed to update the public on the coronavirus outbreak ripping through America, President Donald…
52 Former Franchisees Sue McDonald’s For Racial Discrimination
More than 50 former McDonald’s franchisees are suing the fast-food giant for racial discrimination, alleging it denied them the same…
Coronavirus Cases Are On The Rise Again Across More Than Half Of The U.S.
Coronavirus cases are rising across more than half of the nation even as the outbreak slows across former hotspots in…
Nigeria: Adesina Sworn-In For Another Term As AfDB President
Dr Akinwunmi Adesina has been sworn as President of the African Development Bank (AfDB), to serve another five-year term. The…
Delta, American Drop Domestic Change Fees, Following Move By United
Delta Air Lines and American Airlines said Monday they are dropping domestic change fees, mirroring an announcement by rival United…
House Panel Opens Probe Of White House Trade Advisor Navarro After Abrupt Cancellation Of Ventilator Contract
A House Oversight subcommittee has opened a probe of all federal contracts negotiated by White House trade advisor Peter Navarro…
Trump Heads To Politically Crucial Wisconsin Amid Violence, Racial Unrest
Despite entreaties to stay away, President Donald Trump heads to Kenosha, Wisconsin on Tuesday to highlight his “law and order”…
JPMorgan’s Tusa Gets More Negative On GE: ‘We See Little Equity Value Here’
General Electric has a bumpy road ahead and won’t be seeing a “V-shaped” recovery, JPMorgan analyst Stephen Tusa said in…