J&J to start human testing of coronavirus vaccine by September
Johnson & Johnson plans to start human testing of its experimental coronavirus vaccine by September and make it ready for emergency use in early 2021, the drugmaker said on Monday.
Mylan offers concessions to address EU concerns about Pfizer deal
Generic drugmaker Mylan NV has offered concessions to address European Union antitrust concerns about its bid for Pfizer’s off-patent branded drugs business Upjohn, a filing on the European Commission site showed on Monday.
Fiat Chrysler looks to resume some Italian production next week: union
Fiat Chrysler (FCA) is looking to resume some vehicle production from next week at three plants in Italy if it gets the green light from the government, a union representative said on Monday.
BNY Mellon names interim head Gibbons as CEO
Bank of New York Mellon Corp on Monday named interim head Thomas Gibbons as chief executive officer, effective immediately.
Activist investor makes new push for HC2 board to remove chief Falcone: letter
An activist investor is stepping up calls for the board of HC2 Holdings Inc to remove Chief Executive and Chairman Philip Falcone as the former hedge fund manager faces mounting legal and financial troubles.
Goldman Sachs sees S&P 500 dividends declining 25% in 2020
Goldman Sachs said on Monday it expects S&P 500 dividends to fall by 25% in 2020 as certain large dividend-paying industries are particularly vulnerable to the economic shock of the coronavirus outbreak.
Exclusive: American Airlines in talks to hire Millstein for aid advice
American Airlines Group Inc is in advanced talks to hire Guggenheim Securities co-chairman James Millstein for advice on tapping a $50 billion industry relief package available from the U.S. Treasury Department to cope with the coronavirus pandemic, p…
Virgin Atlantic asks UK government for financial help: source
Virgin Atlantic has asked the UK government for emergency financial help in addition to the coronavirus package made available to all British companies, said a source familiar with the situation.
Futures choppy as U.S. shutdown extension weighs
U.S. stock index futures see-sawed on Monday after a strong recovery last week, as President Donald Trump extended his stay-at-home guidelines until the end of April, raising fears of a larger economic hit from the slump in business activity.
EasyJet grounds fleet as pandemic pushes airlines to the brink
British budget airline easyJet has grounded its fleet of 344 planes and has no clear idea when it might resume flights, it said on Monday, highlighting the strain on airlines trying to survive the coronavirus pandemic.
