U.S. Stocks Continue To Show A Lack Of Direction

After showing a lack of direction earlier in the session, stocks continue to turn in a lackluster performance in afternoon trading on Tuesday. The major averages have spent the day bouncing back and forth across the unchanged line. In recent trading, the major averages showed a notable move to the downside, although the Nasdaq has subsequently bounced back above the […]

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Pizza Express to reopen 13 London restaurants for delivery

Pizza Express is to reopen 13 London restaurants for delivery only in the next 10 days as it tests the water for a national return to business. Zoe Bowley, the managing director of Pizza Express for the UK and Ireland, said the casual dining chain would begin with an edited menu from restaurants in “London villages”, including Balham, Fulham and […]

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Warren Buffett Cuts Crisis-Era Bet on Goldman

Warren Buffett was willing to stand by Goldman Sachs Group Inc.’s side during the last economic crisis, at least for the right price. Now, he’s bailing out just as the pandemic throws the U.S. economy onto uncertain terrain. Berkshire Hathaway Inc. sold 84% of its Goldman Sachs stock in the first quarter, marking a reversal for an investor who generally […]

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Moderna Prices Its $1.3 Billion Share Sale to Fund Virus Vaccine

Moderna Inc. plans to raise as much as $1.3 billion through a sale of shares to fund manufacturing of a coronavirus vaccine seen as one of the frontrunners in the race for immunization against the widening pandemic. The U.S. biotechnology firm will sell 17.6 million shares priced at $76 a piece, according to a statement Tuesday. The price represents a […]

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Berlin EFM Director Matthijs Wouter Knol Leaving To Run European Film Academy

Matthijs Wouter Knol, the long-serving director of the Berlin International Film Festival’s European Film Market (EFM), is leaving his post to take the reins at the European Film Academy. Wouter Knol will remain in situ until October 31, with Berlinale management exploring options for his succession. Next year’s EFM is due to take place February 11-18. The Berlin-based European Film […]

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Asian Shares Slide On Jitters Over New Virus Outbreaks

Asian stocks declined on Tuesday as tensions soared between Beijing and Washington, and concerns grew regarding a potential second wave of the coronavirus as several countries start to emerge from lockdowns. China, Germany and South Korea have reported new clusters of coronavirus cases, highlighting the potential threat of reopening economies too quickly. Chinese shares ended slightly lower as inflation data […]

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Delta Resumes Paris, Cancun Flights in Hint of Improving Demand

Delta Air Lines Inc. plans to restore 100 flights in June, providing a hint that travel demand may be poised to inch up after almost disappearing because of the coronavirus pandemic. The additions — including flights from New York to Paris, and from Atlanta to Cancun — are based on “customer demand,” federal health guidelines and government travel restrictions, Delta […]

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Summitt Labs Recalls Kore Organic Watermelon CBD Oil

Summitt Labs voluntarily recalled one lot of Kore Organic Watermelon CBD oil tincture to the consumer level after the product was found to contain high levels of lead. Ingestion of the oil tincture containing lead could result in high lead exposure and acute lead poisoning. The company issued the nationwide recall for Batch#730 Lot#K018 of the Kore organic watermelon CBD […]

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