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How NASA and China Missions Will Search for Life on Mars

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    Wall Street Moves Into China, Despite Tech and Trade Battles Wall Street Moves Into China, Despite Tech and Trade Battles 5:16
6:59 a.m. Jan. 21, 2021 - By Michael Ashbaugh
Bull trend confirmed, Nasdaq Composite gaps to record highs Focus: Communications services sector takes flight, XLC, EA, BBBY, ANF, PVHU.S. stocks are mixed early Thursday, largely treading water amid otherwise constructive January price action. Against this backdrop, the S&P 500 and Nasdaq Composite are digesting respectable bull-flag breakouts, their latest rallies to all-time highs.
3:30 a.m. Jan. 4, 2021 - By Ciara Linnane
Genworth shares slide 34% premarket as China Oceanwide deal faces further delayShares of insurer Genworth Financial Inc. slid 34% in premarket trade Monday, after the company and China Oceanwide Holdings Group Co. Ltd provided an update on their merger agreement. "Given uncertainty around the completion and timing of the remaining steps required to close the transaction, Genworth and Oceanwide have not extended the current December 31, 2020 "end date" under the merger agreement," the companies said in a joint statement. The delay since the two companies last agreed to extend the agreement on Nov. 30 is due to the COVID-19 pandemic and related restrictions as well as the need to finalize financing terms with Hony Capital, said Oceanwide. The merger agreement remains in effect, but either party can terminated it at any time. "Oceanwide has shared that it will continue to work towards closing the transaction, and Genworth remains open to completing the transaction if Oceanwide completes the remaining steps," said the statement. In the meantime, Genworth is focused on executing its contingency plan, which includes a potential partial initial public offering of its U.S. mortgage insurance business, which seeks to meet near-term liabilities of about $1 billion o f debt that comes due in 2021. Genworth has already sold its Canadian mortgage insurance business for about $1.8 billion in December of 2019 and raised $750 million in debt at the U.S. MI holding company level in August of 2020. The company now has about $1 billion in cash and liquid assets as of Dec. 31, about $340 million of which is ringfenced to cover February 2021 senior notes at maturity. "When we considered our most recent extensions of the merger agreement, Genworth's Board of Directors believed we were on a path to a near-term closing based on the information we were provided," non-executive Chairman James Riepe said in a statement. "Given the most recent update, we do not believe a closing can occur in the near term." Shares have fallen 13.5% in the last 12 months, while the S&P 500 has gained 16%.
9:55 a.m. Nov. 25, 2020 - By Ciara Linnane
Hospital workers called exhausted as U.S. records highest number of COVID deaths since May Parts of Europe are reporting declining cases and Sicily has asked Cuba to send doctors and nursesThe U.S. recorded the highest number of deaths from the coronavirus illness COVID-19 since May on Tuesday, and continues to average close to 200,000 new cases a day, with hospitals across the nation reporting exhausted health care workers and steadily filling intensive care units.
6:57 a.m. Nov. 9, 2020 - By Michael Ashbaugh
Bullish momentum accelerates, S&P 500 extends to uncharted territory Focus: 10-year yield takes flight amid risk-on trade, TNX, NSC, TXN, SNAP, FLEX, FIVNU.S. stocks have taken flight early Monday, rising amid optimism over a successful final-phase coronavirus vaccine trial. Against this backdrop, the major U.S. benchmarks have extended an already-aggressive November rally, rising early Monday to tag record highs.
7:37 a.m. Nov. 3, 2020 - By Michael Ashbaugh
Charting a bullish reversal, S&P 500 spikes from key support amid election overhang Focus: Europe digests technical breakdown, Emerging markets maintain key support, IEV, EEM, COST, PINS, SNE, EGHTTechnically speaking, the S&P 500 is off to a strong November start, rising within striking distance of a key bull-bear test closely matching the 50-day moving average, writes Michael Ashbaugh.
1:17 a.m. Oct. 28, 2020 - By Ciara Linnane
Coronavirus update: U.S. case tally tops 8.7 million and marks seven-day record, with more than 20 states seeing most new cases since start of the outbreak Dr. Birx says North Dakotans’ failure to wear face masks is ‘deeply unfortunate’ as the Dakotas suffer worst case numbers measured per capitaThe U.S. case tally for the coronavirus illness COVID-19 climbed above 8.7 million on Tuesday, with more than 20 states counting record numbers of new infections, as more business curfews were announced to combat the spread.
10:49 a.m. Oct. 15, 2020 - By Ciara Linnane
Coronavirus update: U.S. death toll tops 217,000; the magazine Nature becomes the latest science journal to blast Trump’s pandemic management Nature joins the New England Journal of Medicine, Scientific American and Lancet Oncology in criticizing Trump’s failings and endorsing Joe Biden for presidentThe U.S. death toll from the coronavirus illness COVID-19 climbed above 217,000 on Thursday, as Nature magazine became the latest scientific journal to sharply criticize President Donald Trump’s handling of the pandemic, and endorse rival, Democrat Joe Biden, for president.
10:21 a.m. Oct. 1, 2020 - By Ciara Linnane
Coronavirus update: Global case tally above 34 million — with U.S. accounting for a fifth — as Dr. Fauci hits back at Trump’s mask claim White House has been encouraging states to enforce face-mask mandates, report says, even as Trump and Pence appear without themThe number of confirmed cases of the coronavirus that causes COVID-19 worldwide rose above 34 million on Thursday with the U.S. accounting for about a fifth of that total, as Dr. Anthony Fauci hit back at claims made by President Donald Trump during Tuesday’s presidential debate on face masks.
8:16 a.m. Sept. 18, 2020 - By Lina Saigol
How this Nasdaq-U.K.-listed Chinese biotech is revolutionizing cancer treatment Biotech company Chi-Med could list in Hong Kong as soon as 2021Chi-Med has been granted three U.S. Food and Drug Administration Fast Track Designations for its cancer drugs.
7:01 a.m. Sept. 14, 2020 - By Michael Ashbaugh
Charting another bullish reversal: S&P 500, Nasdaq rally from key support Focus: Japan’s stealth breakout attempt, Amazon narrowly holds key support, EWJ, AMZN, VFC, CROX, TMU.S. stocks are firmly higher early Monday, rising amid renewed vaccine optimism as well as merger and acquisition activity. Against this backdrop, the S&P 500 and Nasdaq Composite are concurrently rising from major support closely matching the 50-day moving average. The tandem successful retests preserve a bullish intermediate-term bias.
9:23 a.m. Sept. 10, 2020 - By Ciara Linnane
Coronavirus update: Global death toll tops 905,000, U.S. toll above 191,000 and experts slam Trump for playing down virus ‘If we’d had widespread mask-wearing mandates, we could have reduced deaths by as much as 20% to even 50%,’ says one expertThe number of global fatalities from the coronavirus that causes COVID-19 climbed above 905,000 on Thursday and the U.S. death toll rose above 191,000, amid widespread criticism of President Donald Trump’s handling of the crisis, after journalist Bob Woodward revealed that Trump admitted to him that he deliberately downplayed the virus in the early part of the outbreak.
8:04 a.m. Aug. 12, 2020 - By Ciara Linnane
Coronavirus update: Global cases top 20.3 million, U.S. tally tops 5.15 million as Florida and Georgia see record one-day deaths British economy hit the hardest of any by COVID-19 as GDP shrinks by the most on recordThe number of confirmed cases of the coronavirus illness COVID-19 worldwide climbed above 20.3 million on Wednesday and the U.S. case tally topped 5.15 million, as Florida and Georgia reported record one-day death tolls.
9:27 a.m. Aug. 1, 2020 - By Philip van Doorn
5 stocks that should thrive as the digital payments trend ramps up Gert van der Geer of Pictet Asset Management focuses on 12 long-term global trendsGert van der Geer of Pictet Asset Management focuses on 12 long-term global trends.
1:20 a.m. July 27, 2020 - By Emily Bary
Closed Apple Stores could change iPhone buying habits, but there’s reason for hope amid pandemic Apple in the age of COVID-19: Smartphone demand may be snapping back as Apple prepares for fall iPhone launch Apple in the age of COVID-19: Smartphone demand may be snapping back as Apple prepares for fall iPhone launchWhat’s normally a ho-hum quarter for iPhone sales will be interesting for Apple Inc. this year as the COVID-19 crisis prompts big changes in the way people shop for electronics.
10:10 a.m. July 24, 2020 - By Ciara Linnane
Coronavirus update: Global case tally climbs to 15.6 million and U.S. hits 4.07 million as virus spreads fast in Florida, California and Texas Three members of the Dow Jones Industrial Average — Intel, American Express and Verizon — reported earnings with mixed resultsThe number of confirmed cases of the coronavirus illness COVID-19 climbed to 15.6 million on Friday, and the U.S. case tally hit 4.07 million as the virus continued to spread in the South and West and more states reported that health care systems are steadily being overwhelmed.
7:01 a.m. July 17, 2020 - By Michael Ashbaugh
Charting a bullish holding pattern, S&P 500 traverses higher plateau Focus: VIX presses 200-day average, Home construction ETF tags four-month highs, Emerging markets sustain July breakout, ITB, EEM, ZS, PGR, LVGOU.S. stocks are mixed early Friday, largely treading water amid receding volatility. Against this backdrop, the S&P 500 has asserted a higher plateau — capped by next resistance (3,233) — while the Dow Jones Industrial Average digests a decisive early-week break atop its 200-day moving average.
1:08 a.m. July 15, 2020 - By Ciara Linnane
Coronavirus update: Global cases of COVID-19 climb above 13 million as California, Hong Kong and India reimpose restrictions on movement Earnings season kicks off with bank earnings showing expected boost in loan loss provisions and strong trading and investment banking resultsThe number of confirmed cases of the coronavirus illness COVID-19 climbed above 13 million on Tuesday, and the world’s eighth biggest economy, California, moved to again temporarily shut down higher-risk businesses such as bars and restaurants after a spike in hospitalizations.
6:48 a.m. July 6, 2020 - By Michael Ashbaugh
S&P 500 ventures atop key resistance (3,155), Nasdaq spikes to record high Focus: China takes flight from key support, FXI, AKAM, TEAM, SWKS, VRSKU.S. stocks are firmly higher Monday, rising after a strong batch of global economic data and following market-friendly remarks from China. Against this backdrop, the S&P 500 has ventured atop major resistance (3,155) — and is vying for its first close atop the inflection point since June 10 — while the Nasdaq Composite extends its July break to uncharted territory.
1:40 p.m. June 17, 2020 - By Joy Wiltermuth
Dow ends 170 points lower, snaps 3 days of gains, as coronavirus concerns drag indexes lower Coronvirus cases rise in at least 9 U.S. states, while Fed’s Powell tells Congress unemployment benefits should be extendedU.S. stocks slumped in the final hour of trade Wednesday to end three days of gains, as investors monitored signs of a revival of the coronavirus pandemic in some U.S. states and China, while still hoping for a quick economic recovery as business activity resumes.
3:05 a.m. June 6, 2020 - By Mark Hulbert
These Chinese stocks will be hurt the most if the U.S. forces them to delist U.S. investors will find it tougher and more expensive to buy shares in some Chinese companiesU.S. investors will find it tougher and more expensive to buy shares in some Chinese companies if delisting law is passed.
10:52 a.m. May 29, 2020 - By Sunny Oh
10-year Treasury yield falls most in three weeks as Trump draws attention to U.S.-China tensionsU.S. Treasury yields fall Friday after President Donald Trump railed against China in a news conference, but also appeared to take a less severe approach against Beijing than worried over the issue of Hong Kong.
1:53 a.m. May 29, 2020 - By Barbara Kollmeyer
HSBC and Prudential drag down London stocks as investors eye U.S.-China tensionsLondon stocks came under pressure on Friday, putting a stop to a string of winning sessions as investors waited to hear what President Donald Trump will say about China at a planned press conference later.
6:07 a.m. May 27, 2020 - By Shang-Jin Wei
America’s threat to delist Chinese companies could make everybody better off Chinese firms might submit to greater scrutiny by the U.S. auditing agency to gain credibility with investors Far from confirming fears of a widespread delisting of Chinese firms, a proposed U.S. law will likely improve the investment environment.
12:36 a.m. May 26, 2020 - By Steve Goldstein
Why one strategist says these hard-hit stocks will rebound — even if there’s a second wave to the pandemicOne strategist says the economy is better prepared for a new wave of infections — and value stocks are near a point where they will lead the market.
3:53 a.m. May 24, 2020 - By Quentin Fottrell
Is your city reopening after coronavirus lockdown? Scientists say avoid these places New peer-reviewed research says coronavirus droplets caused by talking remain in the air for 8-14 minutesNew peer-reviewed research says coronavirus droplets caused by talking remain in the air for 8-14 minutes.
6:10 a.m. May 20, 2020 - By Quentin Fottrell
‘I was punished for being responsible. I filed my 2019 taxes early — and received almost no stimulus check’ ‘Is there anything I can do? I find this very unjust and poorly thought out’‘Is there anything I can do? I find this very unjust and poorly thought out.’
3:09 p.m. May 4, 2020 - By Quentin Fottrell
Our boss quarantined for 14 days after being exposed to coronavirus, yet we’re strong-armed to return after a few days ‘People do go back to the factory floor because they’re afraid they’ll lose their jobs’‘People do go back to the factory floor because they’re afraid they’ll lose their jobs.’
12:02 p.m. May 4, 2020 - By Sunny Oh
Dow scores sharpest turnaround since March as technology, energy shares stage late-Monday surge Tesla, Amazon’s stock gains helped to power the Nasdaq’s advance on Monday; Phillips 66, Valero, Marathon shares lift S&P energy sectorStock indexes close higher Monday, reversing losses of 1% and more earlier in the session, after U.S. crude prices settle above $20 a barrel and investors look past U.S. and China tensions rekindled over Beijing’s handling of the coronavirus outbreak.
8:54 a.m. May 3, 2020 - By Quentin Fottrell
As 30 states prepare to reopen, exercise extra caution in these public spaces Is 6 feet really the ‘magic number’ in public spaces? Is 6 feet really the ‘magic number’ in public spaces?
7:25 a.m. May 2, 2020 - By Quentin Fottrell
Can you alter your 2019 taxes in order to qualify for the $1,200 stimulus check? ‘In 2019, tax-law changes made it advantageous for me to claim my oldest as a dependent. I now regret doing that’‘In 2019, tax-law changes made it advantageous for me to claim my oldest as a dependent. I now regret doing that.’
3:23 a.m. May 1, 2020 - By Quentin Fottrell
My state is reopening restaurants and movie theaters. Am I selfish if I go, or am I selfish if I stay home? ‘I am torn between supporting our town and our nation’s economy, and ensuring that I don’t contribute to an increase in coronavirus infections’‘I am torn between supporting our town and our nation’s economy, and ensuring that I don’t contribute to an increase in coronavirus infections.’
10:04 a.m. April 28, 2020 - By Ciara Linnane
Coronavirus update: German infection rate ticks higher after reopening moves, offers lesson to U.S. governors Caterpillar says 75% of facilities are operating and Merck expects virus to shave $2.1 billion off full-year revenueU.S. governors pushing to reopen their states after COVID-19-driven lockdowns may want to look to Germany on Tuesday, where early attempts to lift restrictions on movement had led to an increase in the coronavirus infection rate.
3:51 a.m. April 25, 2020 - By Quentin Fottrell
I didn’t feel well last month and asked my housekeeper to stay home. I am nervous about having her come back. She asked for ‘unpaid wages.’ What should I do? ‘I would like to help her, but I thought she was self-employed and, therefore, knew her income would fluctuate’‘I would like to help her, but I thought she was self-employed and, therefore, knew her income would fluctuate.’
2:43 a.m. April 24, 2020 - By Quentin Fottrell
Couples earning over $150K get less than $2,400 in their stimulus check. Is that unfair — or too generous? Readers weigh in ‘Kids are expensive and they eat a lot, not to mention medical and dental bills, especially now that school is out’‘Kids are expensive and they eat a lot, not to mention medical and dental bills, especially now that school is out.’
12:32 p.m. April 21, 2020 - By Satyjit Das
International business will be an early victim of coronavirus as governments take greater control of their economies COVID-19 has exposed a fundamental weakness of the U.S. and world economiesCOVID-19 has exposed a fundamental weakness of the U.S. and world economies, writes Satyajit Das.
5:42 p.m. April 19, 2020 - By Quentin Fottrell
30% of Americans say coronavirus was made in a lab, despite evidence to the contrary, Pew survey finds Younger U.S. adults were more likely than older people to say the virus was developed in a laboratoryYounger U.S. adults were more likely than older people to say the virus was developed in a laboratory.
5:40 p.m. April 19, 2020 - By Quentin Fottrell
Trump administration and Cuomo finally agree on one thing: Americans should wear face masks — a timeline of conflicting messages and policy U-turns What does the scientific evidence say? Will they really protect you from coronavirus?What does the scientific evidence say? Will they really protect you from coronavirus?
11:19 a.m. April 15, 2020 - By Quentin Fottrell
Will coronavirus survive airborne? Are young people safe? Do face masks protect me? Are men more likely to die? Burning questions on COVID-19 As stock markets leap and plunge and people around the world learn to stay home, outlandish rumors about COVID-19 persistAs stock markets leap and plunge and people around the world learn to stay home, outlandish rumors about COVID-19 persist.
6:30 a.m. April 14, 2020 - By Greg Robb
Central banks around the world have come up short in normalizing credit conditions: IMF Bank capitalizations are worse than during the 2008 financial crisis for many countries, global financial body concludesGlobal financial conditions remain much tighter compared to earlier in the year despite massive central bank intervention, according to a new report on market conditions released by the International Monetary Fund on Tuesday.
10:31 a.m. April 13, 2020 - By Ciara Linnane
Coronavirus update: 1.89 million cases worldwide, 118,304 deaths; and Trump attacks Dr. Fauci and the New York Times Amazon hiring another 75,000 workers to expand grocery delivery and Aurora Cannabis is planning a 1-for-12 reverse stock splitThe U.S. death toll from COVID-19 rose above 22,000 on Monday, as President Donald Trump railed against the nation’s top infectious disease expert for suggesting more lives could have been saved if restrictions on movement had been imposed earlier.
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