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Finance and Banking News

Thu, Jul 29th, 2021
Biden orders tough new vaccination rules for federal workers

WASHINGTON (AP) — President Joe Biden on Thursday announced sweeping new pandemic requirements aimed at boosting vaccination rates for millions of federal workers and contractors as he lamented the “American...

DAL : 41.23 (-0.17%)
UAL : 48.49 (-1.32%)
MS : 96.28 (+0.22%)
The Latest: US health officials to release new COVID-19 data

NEW YORK -- U.S. health officials are expected to release new data about the spread of COVID-19 on Friday that led to their decision to recommend that vaccinated people wear masks in some situations, a...

JNJ : 172.18 (unch)
ADBE : 621.70 (+0.13%)
KR : 40.72 (+1.72%)
Flight attendants report high frequency of unruly passengers

DALLAS (AP) — Nearly one in five flight attendants say they have witnessed physical incidents involving passengers this year, and their union is calling for criminal prosecution of people who act up...

Nikola founder Milton freed on $100M bail after fraud arrest

NEW YORK (AP) — The founder and one-time executive chair of Nikola Corp. was freed on $100 million bail Thursday after pleading not guilty to charges alleging he lied about the electric and hydrogen-powered...

NKLA : 12.03 (-15.22%)
In Robinhood's stock debut, a tumble and then sharp swings

NEW YORK (AP) — Wall Street gave Robinhood a cool reception Thursday in the online broker's debut in the stock market that it helped reshape by bringing millions of new investors.

Robinhood CEO tells AP it's eyeing expansion beyond trading

NEW YORK (AP) — Robinhood has already changed how people trade stocks and who's doing it. Now its sights are on the rest of the financial industry.

Heartbroken parents to sue a year after 9 troops died at sea

OCEANSIDE, Calif. (AP) — The families of eight Marines and one sailor who died when their amphibious assault vehicle sank off the Southern California coast last summer plan to sue the manufacturer of...

Names of 2 killed in Texas chemical plant leak released

HOUSTON (AP) — Authorities on Thursday released the names of two workers who died in a chemical leak at a Houston-area plant that also injured dozens of others.

Wall Street pushes broadly higher after two days of losses

Stocks on Wall Street bounced back from a two-day slide Thursday, placing the S&P 500 on pace for its second straight weekly gain.

PFE : 42.79 (-1.52%)
BA : 231.63 (+0.03%)
BIDU : 167.06 (+0.17%)
F : 14.39 (+3.82%)
YUM : 130.31 (+6.28%)
FDA allows automatic 'generic' swap for brand-name insulin

U.S. regulators took action Wednesday that will make it easier to get a cheaper, near-copy of a brand-name insulin at the drugstore.

MYL : 15.85 (+1.96%)
How major US stock indexes fared Thursday

Stocks pushed broadly higher on Wall Street Thursday, helping the S&P 500 claw back the ground it lost over the previous two days and turn slightly higher for the week.

Homes lose water as wells run dry in drought-ravaged basin

MALIN, Ore. (AP) — Judy and Jim Shanks know the exact date their home’s well went dry — June 24.

US average mortgage rates mixed; 30-year loan rises to 2.80%

WASHINGTON (AP) — Mortgage rates were mixed last week. The key 30-year home loan remained below 3% for the fifth straight week amid continued concern over the surging delta coronavirus variant and the...

Emergent: FDA letting troubled COVID vaccine factory restart

The U.S. Food and Drug Administration is allowing the problem-plagued factory of contract manufacturer Emergent BioSolutions to resume production of COVID-19 vaccine, the company said Thursday.

JNJ : 172.18 (unch)
Why it's so hard and expensive to plug an abandoned well

An estimated 2 million abandoned oil and gas wells across the country, forgotten or ignored by the energy companies that drilled them, are believed to be leaking toxic chemicals. Many of the wells are...

Merck weighed down by charges in Q2, but drug sales rebound

Merck’s second-quarter profit dove 49%, mainly due to a big charge for an acquisition and a higher tax rate, though sales of its vaccines and medicines used in hospitals rebounded from the pandemic's...

MRK : 76.93 (-1.79%)
American plans to invest in a budget airline based in Chile

DALLAS (AP) — American Airlines plans to invest in a Chilean budget airline and sell seats on each other's flights to help American extend its reach in South America.

DAL : 41.23 (-0.17%)
Forgotten oil and gas wells linger, leaking toxic chemicals

CRANE, Texas (AP) — Rusted pipes litter the sandy fields of Ashley Williams Watt’s cattle ranch in windswept West Texas. The corroded skeletons are all that remain of hundreds of abandoned oil wells...

CVX : 102.57 (+1.37%)
Forgotten oil and gas wells linger, leaking toxic chemicals

CRANE, Texas (AP) — Rusted pipes litter the sandy fields of Ashley Williams Watt’s cattle ranch in windswept West Texas. Corroded skeletons are all that remain of hundreds of abandoned oil wells. Unable...

CVX : 102.57 (+1.37%)
Bayer takes additional $4.5 billion charge for Roundup suits

FRANKFURT, Germany (AP) — German pharmaceutical and chemical company Bayer said Thursday it would take a provision of $4.5 billion against second-quarter earnings to put the company on what it said would...

MON : 9.67 (-0.21%)

Chart of the Day

Waters Corp (WAT)

The Barchart Chart of the Day belongs to the analytical instruments company Waters Corp (NYSE: WAT ). I sorted Barchart's All Time High list first by the highest number of new highs in the last month, then used the Flipchart function to review the charts for consistent price appreciation. Since...
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