Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
Coronavirus freezing funding for space companies and more…
An Astra rocket on the launchpad in Kodiak, Alaska.Astra | John KrausYears of private funding flowing into young and growing space companies has ground to a halt during the coronavirus pandemic, in what one firm describes…
Markets will punish India for fiscal excesses, says…
By Abhishek VishnoiOpinion is unanimous that India should spend its way out of the current crisis, but it’s the question of ‘how’ that divides the room. Former central bank governor Duvvuri Subbarao is the latest…
China says it will never use its currency…
GoPro CEO: We're 'actively looking' to source outside of China The trade war between China and the United States is intensifying, but Beijing has just taken one potential weapon off the table. Premier Li Keqiang…
Goldman Sachs slants research to help Democrats, top…
The Goldman Sachs economics team "almost at times looks like the Democratic opposition," Hassett told CNN's Poppy Harlow on Tuesday.The comment came after Harlow asked Hassett about a Goldman Sachs research report warning that a…
Exxon cuts capital spending by 30%, but CEO…
Exxon is slashing its 2020 capital spending plan as depressed oil prices hammer the energy sector, but CEO Darren Woods said that the company's dividend is safe for the time being."A lot of our shareholders…
UK must bring home 'just over 50' of…
Russia has told Britain it must send home "just over 50" more of its diplomats in a worsening standoff with the West over the poisoning of a former Russian spy and his daughter in Britain.Russia…
Tesla says crashed vehicle had been on autopilot…
Tesla said on Friday that a Tesla Model X involved a fatal crash in California last week had activated its Autopilot system, raising new questions about the semi-autonomous system that handles some driving tasks.Tesla also…
Domestic politics is greatest threat to dollar’s global…
Proposed legislation currently being scrutinized by Congress poses a greater threat to the U.S. dollar's global reserve currency status than does any competing legal tender, according to ratings agency Fitch.The two pieces of draft legislation…