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The long-term prospects for these businesses — and the safety of their workers and customers — is uncertain.
The long-term prospects for these businesses—and the safety of their workers and customers—is uncertain.
Oil futures climb on Friday, but U.S. prices finish lower for the week as a report from the International Energy Agency cautioned that weaker demand caused by the coronavirus pandemic will linger, even if the worst of the hit to economies has subsided.
Shares of Gilead Sciences Inc. gained 2.0% on Friday after the drugmaker shared potentially promising data about remdesivir that indicates the experimental COVID-19 drug may reduce deaths, though it noted the findings need to be confirmed.
Gold futures end lower on Friday, but hold ground above $1,800 an ounce to score a fifth weekly gain in a row as the spread of coronavirus continued to feed expectations for an economic slowdown, boosting the metal’s investment-haven appeal.
U.S. stocks trade mostly higher Friday.
Treasury Secretary Steven Mnuchin says the Trump administration’s policies gave ‘hard-working Americans’ a chance to give back to their communities.
Philip Morris is encouraging stakeholders to work with them to move smokers to cigarette alternatives at a time with cigarette consumption is declining.
The two leading superpowers could help heal the world as the coronavirus has damaged global economies.
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