2021-09-03 14:24:55
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A summary of the most interesting news: September 3. Investors are taking a wait-and-see attitude ahead of the Labor Department's jobs report, which could influence the Fed's decision to tighten monetary policy. Unemployment claims were released yesterday, recording an all-time low since the start of the pandemic, suggesting a steady labor market recovery.
"Employment data could have a significant impact on the stock market, primarily because it can move the timing of the reduction of the QE program.
Earlier, Federal Reserve Chairman Jerome Powell stressed the need to achieve a stronger labor market recovery before the central bank begins winding down its massive bond-buying program.
The top managers of hedge fund Renaissance Technologies will pay $7 billion to settle a tax claim.
$LLY U.S. health officials plan to resume Eli Lilly antibody combination therapy for a new variant of the coronavirus nationwide because the treatment appears to be working against the delta variant.
$SUPN Supernus has announced that the U.S. FDA has confirmed receipt of a supplemental application for its new drug Qelbree for the treatment of attention deficit hyperactivity disorder in adult patients. The sNDA application is now considered filed, with a user fee introduction date set for April 29, 2022.
$AMZN Amazon plans to release its own Amazon-branded television. The U.S. launch is scheduled for October. Work on it has been going on for almost two years.
$JNJ In a new court filing, women who believe Johnson & Johnson and its baby powder company are responsible for causing ovarian cancer are seeking an injunction to prevent J&J or its affiliates from transferring assets to a subsidiary and bankrupting it.
$BYND Chief Operating Officer Sanjay Shah resigns. The decision is effective immediately.
Nornickel will likely calculate an interim dividend in 2021 using the formula, a new Buyback is not discussed.
Amazon is close to launching its own television in the United States.
WhatsApp is fined 225 million euros in Ireland for violating data protection rules.
Apple is being sued, claiming that Siri violates user privacy by "eavesdropping" on conversations.
The shares of Virgin Galactic collapsed after a temporary flight ban.
U.S. to resume use of Eli Lilly antibody therapy - Bloomberg.
The Central Bank of the Russian Federation announced the threat of a global financial crisis in 2023.
A shares of Alibaba are down 3.39% on the Hong Kong stock exchange due to concerns that massive donations to the government as part of the "Shared Prosperity" initiative will hit profits in the coming years.
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