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UK Authorizes Covid-19 Vaccine From Oxford and AstraZeneca

The Oxford-AstraZeneca shot is poised to become the world's dominant form of inoculation. At $3 to $4 a dose, it is a fraction of the cost of some other vaccines. It can be also shipped ...

New Train Hall Opens at Penn Station, Echoing Building's Former Glory

The Moynihan Train Hall, with glass skylights and 92-foot-high ceilings, will open Jan. 1 as an area for Amtrak and Long Island Railroad riders.

China and EU Leaders Strike Investment Deal, but Political Hurdles Await

Chinese and European Union leaders agreed on Wednesday to make it easier for companies to operate on each other's territory, a significant geopolitical victory for China when criticism of its human rights record and handling of the pandemic have left it ...

Third Point's Proposal To Intel Won't Restore American Leadership In Microelectronics Manufacturing

The proposal from hedge fund Third Point LLC for Intel to split its design and manufacturing operations could accelerate the decline of America's last best hope for microelectronics manufacturing leadership. For Intel's factories (its "fabs") to regain leadership, ...

How the pandemic drove massive stock market gains, and what happens next

The spread of Covid-19 crushed the stock market when it became clear it would cause a rapid and historic drop in economic output. As the economy bounced back, the recovery was choppy, millions remain unemployed and yet the stock market has surged to ...

Exxon signals up to $20 billion writedown to overwhelm fourth-quarter gains in oil, chemicals

HOUSTON (Reuters) - Exxon Mobil Corp signaled in a regulatory filing that higher oil and gas prices and improved chemicals margins would aid fourth quarter results, but the gains would be overshadowed by an up to $20 billion asset write down.

Asian shares set to finish 2020 at record high, riskier currencies in favor

HONG KONG/NEW YORK (Reuters) -Asian shares edged up on Thursday and were set to end a tumultuous 2020 at record highs, while growing investor hopes for a global economic recovery caused the dollar to fall further against most major currencies.

Inflation is poised to rear its head in 2021 but may not stick around long

As the economy picks up speed through 2021, investors could have to wrestle with some unexpected inflation pressures, if only for a little while. Bond market traders and Wall Street experts have been signaling rising inflation from its current dormant levels.

IBM's Stock Has More Than 10% Upside In Near Term

[Updated 12/30/2020] IBM Update. Having lost about 8% in 2020, IBM's stock has growth potential. IBM's stock has fallen from $134 to $123 in 2020 compared to the S&P 500 which moved 15% in the same period. The company has seen a revenue fall over ...

Coinbase Sued Over Crypto XRP Commissions After SEC Pursues Ripple

Bloomberg

Bloomberg

Coinbase Inc. knew cryptocurrency XRP was a security rather than a commodity and "illegally" sold Ripple Labs Inc.'s tokens anyway, a customer argues in a proposed class-action lawsuit over the commissions the crypto exchange collected. Coinbase said ...