1st Battalion, 501st Infantry Regiment, 4th Brigade Combat Team, 25th Infantry Division, watch as CH-47 Chinook helicopters circle above during a dust storm at Forward Operating Base Kushamond, Afghanistan, July 17, during preparation for an air assault mission. U.S. Army photo WASHINGTON – The Pentagon said Monday that it has not decided on whether to...
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Cathie Wood says the underlying bull market is strengthening, will benefit Ark’s strategy over time
Cathy Wood Crystal Mercedes | CNBC This is a breaking news story. Please check back for updates. Ark Investment Management founder and CEO Cathie Wood said she was not worried about the recent drop in her funds and that the bull market is simply broadening out to include more strategies like value and that over...
SpaceX wants to connect Starlink satellite internet to moving vehicles
A Starlink user terminal being set up. SpaceX SpaceX wants to begin connecting moving vehicles – from cars and trucks to jets and ships – to its Starlink satellite internet network, according to a request the company filed with the Federal Communications Commission. “This application would serve the public interest by authorizing a new class...
bonds, earnings, data, U.S. stimulus in focus
European stocks closed higher Monday, as global investors monitored progress toward a U.S. Covid relief bill against the backdrop of rising bond yields. The pan-European Stoxx 600 closed up 2.2%, with banks adding 3.7% to lead gains as almost all sectors and major indexes advanced. Germany’s DAX index rose 3.3% and hit a new intraday...
SoftBank-backed Greensill Capital reportedly files for administration
Corp. Chief Executive Officer Masayoshi Son speaks during a joint announcement with Toyota Motor Corp. to make new venture to develop mobility services in Tokyo, Japan, 04 October 2018. Alessandro Di Ciommo | NurPhoto | Getty Images LONDON — British financial services firm Greensill Capital has filed for administration, according to a report from the...
How some firms are trying to fix their gender equality issues
10’000 Hours | DigitalVision | Getty Images While progress toward gender equality may be slow and not without its shortfalls, experts say some firms have singled out their own internal issues and are trying hard to turn things around. A PwC report last week warned that women’s progress in the workplace in terms of achieving...
NHS approved a drug that costs $2.5 million
Kate Cardente holds her then 3-month-old daughter, Ainsley, as she undergoes a gene therapy for Spinal Muscular Atrophy (SMA). SMA is a disease that is the primary genetic cause of death in babies. Ainsley is getting a one-time infusion of Zolgensma. Baltimore Sun | Tribune News Service | Getty Images LONDON — A drug that...
Airbus-Boeing truce not a complete reset in US EU relations, experts
US President Joe Biden has reportedly agreed to lower the income level caps for the third round of stimulus payments. BRENDAN SMIALOWSKI | AFP | Getty Images LONDON — The U.S. and the European Union might have reached a trade truce, but some analysts have doubts over whether the two sides will be able to...
EU clears Microsoft Bethesda acquisition
Visitors queue to play the video game Fallout 76, developed and published by Bethesda Softworks, during the Paris Games Week on October 27, 2018. Chesnot | Getty Images LONDON — The European Union approved Microsoft’s $7.5 billion acquisition of ZeniMax, the parent company of iconic video game publisher Bethesda Softworks. The European Commission — the...
Treasury yields rise after Senate passes stimulus package
The 10-year U.S. Treasury yield hit 1.6% on Monday morning, after the Senate passed a $1.9 trillion coronavirus economic relief and stimulus bill on Saturday. The yield on the benchmark 10-year Treasury note climbed to 1.606% at 3:30 a.m. ET. The yield on the 30-year Treasury bond rose to 2.311%. Yields move inversely to prices....
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