Tata Power to sell ships for $212.76 million
The objective of the transaction is to have an asset-light model for the shipping requirements of the company and the sale proceeds will be used towards reducing the debt as … Read More
Author: mediabest
Biocon, Mylan get U.S. FDA approval for insulin glargine injection
It will increase access and affordability of insulin for millions of Americans with diabetes. Semglee, a drug for diabetics, co-developed by Mylan and Biocon Biologics, has secured U.S. FDA approval … Read More
Morgan Stanley Quants See Gains In Rolling China Stock Futures
An unusual bout of backwardation in Chinese equity futures has created an opportunity for traders and suggests sentiment among investors is overly bearish, according to quantitative strategists at Morgan Stanley. … Read More
Trump may suspend H1B, other visas to stem unemployment
US President Donald Trump is considering suspending a number of employment visas including the H-1B, most sought-after among Indian IT professionals, in view of the massive unemployment in America due … Read More
Hertz files for bankruptcy
New York (CNN)With travelers staying close to home and airports turned into virtual ghost towns, rental car companies have taken a huge hit during the coronavirus pandemic. On Friday Hertz, … Read More
Hertz Proposes $1 Billion Stock Sale to Capitalize on Odd Rally
Hertz Global Holdings Inc. is asking a bankruptcy judge to let it take advantage of the quixotic surge in its stock by selling up to $1 billion of new shares. … Read More
Barbra Streisand, At Joe Biden Fundraiser, Says Donald Trump “Is Dangerous To Our Health”
Joe Biden raised money at a star-filled virtual fundraiser on Thursday that included performances by Jennifer Hudson, John Legend and Andra Day, jokes from Jay Leno, and a scathing rebuke … Read More
Nike declares Juneteenth a company holiday
Nike: Michael Jordan, Jordan brand donating $100M to racial equality orgs Nike says Michael Jordan and the Jordan brand will donate $100 million to organizations ensuring racial equality over the … Read More
L.A. County Coronavirus Update: Highest Single-Day Total of New Cases Since Pandemic Began
As film and TV production begins to restart tomorrow, Los Angeles County has reported the highest single-day total of new cases of COVID-19 since the outbreak began. The county Department … Read More
SAG-AFTRA Leaders Call On Police Unions To Change “Or Lose All Support”
SAG-AFTRA leaders today called upon police unions to change with the times “or lose all support from their fellow labor organizations and the public at large.” In a joint statement, … Read More