A man armed with a high-powered assault fired multiple rounds at the Cuban embassy in Washington early Thursday, authorities said, damaging the building but without causing any injuries. Police arrested the suspect, identified as 42-year-old Alexander Alazo of Aubrey, Texas. “This morning at approximately 2:15 am, US Secret Service officers responded to the Embassy of […]
(Bloomberg) — Freddie Mac’s first-quarter net income plunged 88% to $173 million due to higher expected credit losses on loans amid the coronavirus pandemic.The mortgage giant booked $1.1 billion of credit-related expenses in the quarter ended March 31, according to a statement released Thursday. Freddie said the earnings decline was also driven by losses on […]
COVID-19 killed the bull market in stocks this year, but at least one stock hasn't been fazed by the virus. To the contrary, Gilead Sciences (GILD), maker of the Ebola drug-turned-coronavirus drug remdesivir, is enjoying its own private bull market, with its shares up 27% since the year began.On Wednesday, Gilead shared some of its […]
Exxon Mobil Corp (XOM) announced that it is maintaining its quarterly dividend even as the spread of the coronavirus pandemic curtails energy demand and pushes oil prices down.The U.S. oil producer’s Board of Directors declared a cash dividend of $0.87 cents per share on the common stock, payable on June 10 to shareholders of record […]
(Bloomberg) — David Einhorn, the president of hedge fund Greenlight Capital, questioned Tesla Inc.’s billing practices again in his latest repartee with the electric-car maker’s chief executive officer, Elon Musk.“I guess the offer of a factory tour was never serious,” Einhorn said in a tweet, referring to an invitation Musk extended last year for the […]
Another 3.84 million Americans filed for unemployment benefits last week. The report comes on the heels of worse-than-expected GDP data for the first quarter. Allianz Chief Economic Adviser Mohamed El-Erian joins Yahoo Finance’s On The Move panel to weigh in on why he says there is more pain to come and how the U.S. can […]
Karl Molyneaux (left inset), 52, of South Shields, South Tyneside, fled his girlfriend’s (right inset) house and CCTV shows him calling 999 at a petrol station (main). WARNING GRAPHIC CONTENT.
Having chaired Cabinet this morning, Boris Johnson said on Twitter that he ‘understands the impatience’ of people to end the draconian restrictions crippling the economy.
The DIY store, which shut its doors on March 25, said its 288 outlets were now open to the public in an effort to ‘enable the repair and maintenance of houses and gardens across the UK’.
Mr Hancock announced on April 2 he would achieve six-figure daily testing by close of play today but the latest numbers show 52,429 tests were carried out in the 24 hours to 9am yesterday.