Quest Diagnostics Launches Coronavirus Disease 2019 (COVID-19) Test. Started Receiving Specimens March 9th

Quest Diagnostics Launches Coronavirus Disease 2019 (COVID-19) Test.  Started Receiving Specimens March 9th

Secaucus, NJ…Quest Diagnostics (NYSE: DGX), the world’s leading provider of diagnostic information services, has launched a coronavirus (COVID-19) test service. The new test service aids the presumptive detection of nucleic acid in respiratory specimens of patients meeting CDC’s clinical criteria for COVID-19 testing. Quest was in position to receive specimens for testing, and begin to […]

Jobs Numbers Roar Ahead in February with 273,000 Jobs Added

Jobs Numbers Roar Ahead in February with 273,000 Jobs Added

Washington, DC…Total nonfarm payroll employment rose by 273,000 in February, and the unemployment rate was little changed at 3.5 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in health care and social assistance, food services and drinking places, government, construction, professional and technical services, and financial activities. This news release […]

Federal Reserve FOMC On Dropping Interest Rates Due to Coronavirus

Federal Reserve FOMC On Dropping Interest Rates Due to Coronavirus

Washington, DC…The fundamentals of the U.S. economy remain strong. However, the coronavirus poses evolving risks to economic activity. In light of these risks and in support of achieving its maximum employment and price stability goals, the Federal Open Market Committee decided today to lower the target range for the federal funds rate by 1/2 percentage […]

Dow Opens Up Modestly in Early Trading

Dow Opens Up Modestly in Early Trading

New York, NY…The financial markets have opened up slightly this morning in early trading. Traders are looking for profit opportunities and the Fed was active in repos overnight as well. Have we found the bottom? Who knows but aggressive searching for footing is underway…

Breakthrough From Israel’s MIGAL Research Institute in Development of Corona virus (COVID-19) Vaccine

Breakthrough From Israel’s MIGAL Research Institute in Development of Corona virus (COVID-19) Vaccine

Kiryat Shmona, Israel…After 4 years of research funded by Israel’s Ministry of Science & Technology, MIGAL’s researchers have developed an effective vaccine against avian coronavirus Infectious Bronchitis Virus (IBV), to be adapted soon and create a human vaccine against COVID-19. Israel’s Minister of Science and Technology, Mr. Ofir Akunis, commented: “Congratulations to MIGAL on this […]

Bob Chapek Named Chief Executive Officer of The Walt Disney Company Robert A. Iger Assumes Role of Executive Chairman through 2021

Bob Chapek Named Chief Executive Officer of The Walt Disney Company Robert A. Iger Assumes Role of Executive Chairman through 2021

Burbank, CA…The Walt Disney Company (NYSE: DIS) Board of Directors announced today that Bob Chapek has been named Chief Executive Officer, The Walt Disney Company, effective immediately. Mr. Chapek most recently served as Chairman of Disney Parks, Experiences and Products. Robert A. Iger assumes the role of Executive Chairman and will direct the Company’s creative […]

Boy Scouts of America Files for Chapter 11 Bankruptcy to Equitably Compensate Victims While Ensuring Scouting Continues

Boy Scouts of America Files for Chapter 11 Bankruptcy to Equitably Compensate Victims While Ensuring Scouting Continues

Irving, TX…The Boy Scouts of America (BSA) today announced that the national organization has filed for bankruptcy under Chapter 11 of the U.S. Bankruptcy Code to achieve two key objectives: equitably compensate victims who were harmed during their time in Scouting and continue carrying out its mission for years to come. The BSA intends to […]