Month: August 2020

Trump adviser Peter Navarro, seeking to jump-start U.S. drug manufacturing, spearheaded the idea and then used his sway within the administration to help Kodak navigate the bureaucracy to be first in line for the potential contract, which has since fallen apart.

Airbnb confidentially filed paperwork for an initial public offering, marking a surprising turnaround for a company whose business was initially ravaged by the coronavirus pandemic.

The president responded on Twitter to reports that the tire company prohibited workers from wearing politically affiliated slogans at work, including his re-election campaign’s “Make America Great Again” message.

Nvidia continued its run of strong financial performance during the pandemic, posting record sales in the latest quarter propelled by strong demand for online gaming and remote computing services.

Shares of the technology giant eclipsed the $467.77 mark needed to become the first U.S. public company to hit $2 trillion in market capitalization. The stock has more than doubled from its March 23 low, boosted by steady demand for the company’s devices.

A key decision in the debate over how to classify drivers is expected this week, and the ramifications could be global.

Roche has agreed to help manufacture and distribute a promising investigational drug—code named REGN-COV2—being developed by Regeneron, a pairing of rivals that could more than triple supplies of the medicine if it is authorized by regulators.