Realtime Business News, Economic News, Breaking News and Forex News – RTTNews

Time 2020-11-15 01:04:49

Web Name: Realtime Business News, Economic News, Breaking News and Forex News – RTTNews

WebSite: http://www.rttnews.com

ID:116284

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News,Economic,Realtime,

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JetBlue To Phase Out Seat Blocks By Early 2021 JetBlue Airways Corp. is planning to phase out seat blocks by early 2021, citing scientific studies that validates the safety of the aircraft cabin from the spread of coronavirus.In a blog post, JetBlue President and COO Joanna Geraghty said the low... U.S. Consumer Sentiment Unexpectedly Deteriorates In November Reflecting a less favorable assessment of future economic prospects, the University of Michigan released a report on Friday showing an unexpected decrease in U.S. consumer sentiment in the month of November. Trump Bans Americans From Investing In Cos. Controlled By Chinese Military The U.S. Government prohibited American firms and citizens from investing in a set of listed Chinese companies linked to its military.An Executive Order that President Donald Trump signed Thursday prohibits U.S. investors from buying the securities... S&P 500 Jumps To Record Closing High Amid Rebound On Wall Street Stocks moved sharply higher over the course of the trading session on Friday, offsetting the weakness seen in the previous session. With the strong upward move, the S&P 500 reached a new record closing high. Joe Biden Vows To Unite US; Calls For Healing Wounds In Victory Speech President-elect Joe Biden sought to unify the nation in his victory speech Saturday night after defeating President Donald Trump with the highest number of popular votes in the history of U.S. presidential elections. After four days of cliff-hanger vote count, with Trump resisting with a barrage of allegations and claims that the Democratic candidate is trying to steal the election, Biden won the Week Ahead In Pharma: FDA Decisions, SITC Presentations, 13D SEC Filing During the week ended November 6, two healthcare stocks generated triple-digit gains - Aptevo Therapeutics Inc. (APVO) was up over 266% and Oncternal Therapeutics Inc. (ONCT ) returned more than 152%.Let's take a look at some of the stocks that merit attention in the week ahead. Asian Markets Notably Higher After Biden Wins U.S. Presidential Race Asian stock markets are notably higher on Monday after Democratic candidate Joe Biden defeated incumbent Donald Trump and removed uncertainty regarding the U.S. presidential race from the markets. A divided government with a Joe Biden presidency and Republican-controlled Senate is seen as unlikely to raise taxes and also imply a more predictable approach to trade policy. European Economics Preview: Germany's Foreign Trade Data Due Foreign trade data from Germany and investor confidence from euro area are due on Monday, headlining a light day for the European economic news. At 1.45 am ET, the State Secretariat for Economic Affairs is set to release Swiss unemployment data for October. The jobless rate is forecast to rise to 3.4 percent from 3.3 percent in September. Economy Hong Kong GDP To Contract 6.1% In 2020 Hong Kong's economy is projected to contract at the lower range of the August forecast this year, following the moderate improvement in the fourth quarter.Gross domestic product contracted 3.5 percent on a yearly basis in the third quarter but much slower than the 9 percent decline seen in the second quarter, the Census and Statistics Department reported Friday. The third quarter rate was revis US COVID Cases Skyrocketing To 1.50k-plus COVID-19 infections in the United States are skyrocketing to new heights, crossing the 1,50,000 mark. 1,53,861 new cases recorded in the last 24 hours was the worst daily toll in the country since the pandemic began.With this, the country's total number of COVID-19 infections increased to 10554804, as per latest data from the Johns Hopkins University Center for Systems Science and Engineering. The Canadian stock market opened on a firm note on Friday, and despite paring some gains past mid afternoon, ended the day with a fairly decent gain, as optimism about a virus vaccine helped keep sentiment positive. Apple's IPhone 12 Pro Max And IPhone Mini On Sale From Friday Apple Inc.'s iPhone 12 Pro Max and iPhone 12 mini are going on sale across the globe from today. The latest additions to the iPhone family are available from stores or online from apple.com, the Apple Store app, and through Apple Authorized Resellers and select carriers. The U.S. customers can get carrier offers for iPhone from AT&T, T-Mobile/Sprint, and Verizon. Cryptocurrency U.S. Law Firm Warns Coinbase Users Of Crypto-related Tax Evasion The Tax Law Offices of David W. Klasing warned investors of U.S.-based cryptocurrency exchange Coinbase that the U.S. Internal Revenue Service (IRS) is coming after them for failure to report virtual currency holdings. They have knowledge of increased IRS enforcement activity involving Coinbase. This information is based on first-ever transparency report released by Coinbase in October. Read More Biotech Stocks Facing FDA Decision In November 2020 On October 22, the FDA approved Gilead's (GILD) Veklury (remdesivir), the first drug for use in adult and pediatric patients 12 years of age and older and weighing at least 40 kilograms (about 88 pounds) for the treatment of COVID-19 requiring hospitalization. Let's take a look at the companies that await a ruling from the FDA in November. Read More Lohxa Recalls Of Chlorhexidine Gluconate Oral Rinse USP Lohxa LLC recalled certain lots of germicidal mouthwash Chlorhexidine Gluconate Oral Rinse USP, 0.12% due to potential microbial contamination, the U.S. Food and Drug Administration said in a statement. The pharmaceutical repackaging company is calling back five lots of Chlorhexidine Gluconate Oral Rinse USP, 0.12% alcohol free. Read More 02/02/21MNKStrataGraft (BLA)FDA decision on StrataGraft for the treatment of adult patients with deep partial-thickness thermal burns. 02/01/21ADMSGOCOVRI (sNDA)FDA decision on GOCOVRI as treatment for OFF episodes in Parkinson’s disease patients receiving levodopa-based therapy 02/01/21ADMSGOCOVRI (sNDA)FDA decision on GOCOVRI as a treatment for OFF episodes in Parkinson’s disease patients receiving levodopa-based therapy 01/27/21PLXPRX–102 (BLA)FDA decision on PRX–102 for the treatment of Fabry disease 01/22/21AUPH, AUP.VVoclosporin (NDA)FDA decision on Voclosporin for the treatment of lupus nephritis

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