4:36 p.m. Dec. 8, 2020
- By Ciara Linnane
U.S. suffers deadliest week from coronavirus since pandemic broke out A group of doctors and scientists urge leaders to follow the science and stop the misinformation that has undermined the U.S. response to the crisisThe U.S. has set another grim milestone in the coronavirus pandemic, averaging the most deaths from COVID-19 in a week since the start of the outbreak, as cases continue to rise across the country and hospitals fill with patients
2:30 a.m. July 14, 2020
- By Steve Goldstein
Virgin Atlantic to unveil £1.2 billion rescue package: reportVirgin Atlantic Airways is close to unveiling a £1.2 billion ($1.5 billion) rescue package, . Richard Branson's Virgin Group will inject £200 million in cash, while Davidson Kempner, a hedge fund, will lend the company £170 million, the report said. Virgin Group and Delta Air Lines , Virgin Atlantic's two shareholders, will collectively defer approximately £400 million of fees.
2:45 p.m. May 7, 2020
- By Emily Bary
Fiserv says CEO Yabuki will depart in July as First Data executive steps into the top roleFiserv Inc. shares dropped 2% in after-hours trading Thursday after the company announced that Chief Executive Jeffery Yabuki will be stepping down from his post on July 1. He'll be succeeded by Frank Bisignano, who's currently the president and chief operating officer of Fiserv. He joined the company from First Data, which Fiserv acquired in July. Yabuki is the chairman of Fiserv's board and will stay on as executive chairman for the duration of 2020. The company also posted first-quarter results Thursday. It reported net income of $392 million, or 57 cents a share, up from $225 million, or 56 cents a share, in the year-prior quarter. Adjusted earnings per share rose to 99 cents from 85 cents and came in even with the FactSet consensus. Revenue rose to $3.77 billion from $1.5 billion and included $1.4 billion from the businesses acquired in the First Data deal. Fiserv shares have lost 12% in the past three months as the S&P 500 has declined 13%.
1:08 p.m. April 27, 2020
- By Jon Swartz
This contact tracing technology of COVID-19 in over a dozen jurisdictions could assist companies as they reopenCongress would need to allocate about $3.6 billion in emergency funding, including the hiring of 100,000 contact tracers, to identify who has tested positive for COVID-19 and find out from them where they have gone and whom they’ve come in contact with.