U.S. Treasury Secretary Steven Mnuchin said on Thursday that key pandemic lending programs at the Federal Reserve would expire on Dec. 31, putting the outgoing Trump administration at odds with the central bank and potentially adding stress to the economy as President-elect Joe Biden organizes his administration.
Pfizer and partner BioNTech confirmed they will seek approval from the Food and Drug Administration on Friday for emergency usage of their new COVID-19 vaccine, a major step forward in a fight against a pandemic that has killed more people in the U.S. than any other nation.
Pfizer and BioNTech are currently in Phase 3 trials on the vaccine as is fellow pharmaceutical giant, Moderna.
The company also has cash flow problems and payment difficulties.
Help generate insights into how advancing technology has changed and will change the workforce, and what policies would create opportunity for more Americans in the digital economy.
General Motors is putting its foot on the accelerator to speed up its rollout of electric vehicles.
Brilliance Auto Group Holdings Co. Ltd., parent of German car giant BMW AG’s main Chinese joint-venture partner, faces an arbitration filed by one of its creditors, as Brilliance has transferred some valuable assets amid massive debt defaults.
…the emphasis from the prime minister was on how software and emerging technologies would mean big cost savings in military hardware. Boris Johnson spoke on Thursday about how tech would make the returns…
German steel giant Thyssenkrupp said on Thursday that it recorded a net loss of 5.5 billion euros (6.5 billion U.S. dollars) in the company’s fiscal year 2019/2020, after a net loss of 1.1 billion euros last year.
In October 2020, The Slovak Spectator published its Business Focus on Innovations.