What To Know About Remdesivir, The New Coronavirus Treatment Drug
Health officials have had their eyes on the investigational anti-viral drug for the past few weeks, hoping it may prove to be an effective treatment for COVID-19, the disease caused by the new coronavirus. Given the dire need for a cure, the FDA pounced on the findings and authorized the emergency use of remdesivir in hospitalized patients who need it (specifically adults and children who need oxygen therapy ).
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Apple lost $180 billion in market value in just one day
This year Apple became the first American company to reach a market cap of $2 trillion. Yesterday, Apple captured another record, this time for its falling share price which amounted to the biggest market cap drop for a U.S. listed company ever. The stock lost over $179.92 billion in market value. That drop is larger than the individual market caps of 470 of the S&P's 500 companies.
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Best performing stock market in Asia
Best performing stock market in Asia
A New York-based financial markets research firm marketcurrentswealthnet.com termed Pakistan Stock Exchange as the best performing stock exchange in Asia and fourth-best in the world. "PSX benchmark KSE-100 index has given a return on investment of 38.5% in dollar terms as foreign capital has been flowing into the market after the yield on the nation's bond fell below double digits," the report said.
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Mother and six children removed from flight after 2-year-old wouldn't wear mask
A Brooklyn mother traveling with six children from Orlando to New York was kicked off a JetBlue flight on Wednesday because her 2-year-old would not wear a face mask as required. Get Breaking News Delivered to Your Inbox "So should I tie her hands? JetBlue said the cabin became boisterous and a decision to deboard the plan was made.
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Cbsnews
US STOCKS-Nasdaq closes at all-time high as strong tech sector offsets jobless data
Gains in Apple Inc - the only publicly listed U.S. company to cross the $2 trillion market value milestone - Amazon.com Inc and Microsoft Corp underpinned the three main indexes' gains as investors bet they would ride out the economic crisis. Separate data from the Philadelphia Fed showed a business conditions index fell more than expected in August. "
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