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Business

Inovio shares fall 33% after waiting for COVID-19 vaccine trial

Shares of Inovio Pharmaceuticals Inc. INO, + 10.21% were suspended and then fell 33.6% when they resumed market trading on Monday, when the company said the Phase 2/3 clinical trial for its COVID-19 applicant was in “partial clinical detention” while answering additional questions. from Food and Drug Administration. The detention was not due to an adverse event that paused the …

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Uber can continue to operate in London, judge rules

LONDON – Uber achieved an important victory on Monday when a judge reinstated the company’s license to transport London, one of its most important markets in the world, where regulators threatened to ban its cars from driving on the road due to safety concerns. Deputy Chief Magistrate Tan Tan Ikram said Uber had met the “fit and appropriate” standard to …

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Oil is falling as growing cases of viruses in the cloud

Merrill Lynch Wealth Management President Andy Zig discusses his market prospects. Oil prices fell on Monday as rising coronavirus cases raised demand concerns, with key crude oil criteria on track for the first monthly declines in April. Raw Brent LCOc1 fell 32 cents, or 0.7 percent, to $ 41.60 a barrel to 9,915 GMT. The US intermediate CLc1 in West …

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5 reports from the NY Times on Trump’s tax returns

Paul Wiseman and Christopher Rugaber, writers of Ap Economics Updated 11:20 PM PDT, Sunday, September 27, 2020 President Donald Trump pauses as he speaks during a press conference at the White House on Sunday, September 27, 2020, in Washington. President Donald Trump pauses as he speaks during a press conference at the White House on Sunday, September 27, 2020, in …

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Uber wins a legal battle to recover London’s license

A man holding a smartphone with the Uber transport app visible on the screen while the tail of the taxi is in the background, on June 4, 2019 (Photo: Olly Curtis / Future via Getty Images) Olly Curtis Future Getty Images Uber won its legal battle to resume operations in London on Monday as a judge lifted a ban on …

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Oil fell nearly $ 40 amid precarious demand as supply increased in Libya

(Bloomberg) – Oil slipped close to $ 40 a barrel in New York, as the Vitol Group saw precarious global demand and Libyan production rose after the blockade of energy facilities was partially lifted. Prices have little room to gain in the fourth quarter as demand recovery slows amid new coronavirus restrictions, Vitol executive committee member Chris Bake said. In …

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