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The coronavirus pandemic is a 'defining moment' for Gen Z — Here's how it's impacting their future

Generation Z's future looked bright just a few months ago. Now, with the coronavirus pandemic upending the economy, the future looks a lot more uncertain.

5 years ago
5 years ago

Eli Lilly starts human study of potential COVID-19 antibody treatment

Eli Lilly and Co said on Monday it had started an early-stage trial to test its potential treatment for COVID-19, in the world's first study of an antibody treatment against the disease.



5 years ago

Facebook's Zuckerberg faces employee blowback over ruling on Trump comments

Facebook employees critical of CEO Mark Zuckerberg's decision not to remove an inflammatory comment from U.S. President Donald Trump took their dissent public over the weekend on Twitter, praising the rival social media firm for taking action and rebuking their own employer.



5 years ago

U.S. Supreme Court rebuffs investors' bid to block Madoff trustee lawsuits

The U.S. Supreme Court on Monday refused to hear a bid by major banks and companies including Koch Industries Inc to prevent a trustee chasing money for victims of imprisoned Ponzi scheme swindler Bernard Madoff from recouping funds that were transferred overseas.



5 years ago

Oil falls as U.S.-China tension escalates

Oil fell on Monday on worries about renewed tensions between the United States and China, although reports that OPEC and Russia were closer to a deal on extending oil output cuts lent some support to prices.



5 years ago

Lufthansa supervisory board rubber stamps $10 billion state bailout

Lufthansa's supervisory board said on Monday it had approved a 9 billion euro ($10 billion) government bailout that will force the German airline to give some of its prized landing slots to rivals.



5 years ago

Wall St. dips amid U.S. protests, China tensions

U.S. stocks opened lower on Monday after a strong showing last month, as investors turned cautious amid country-wide protests over race and a flare-up in tensions between Washington and Beijing.



5 years ago

Facebook, Snapchat join chorus of companies condemning George Floyd death, racism

Facebook Inc and Snap Inc became the latest U.S. companies condemning racial inequality in the United States as violent protests flared up across major cities over the death of George Floyd, an unarmed black man who died while in police custody in Minneapolis last week.



5 years ago

Fiat Chrysler to list robot-making unit Comau

Fiat Chrysler said on Monday it planned to list its robot-making unit Comau and had appointed Paolo Carmassi as the company's new chief executive for the purpose.



5 years ago

Embraer open to new partnerships after Boeing deal collapses

Brazilian planemaker Embraer SA said on Monday that it expects to sign new strategic partnerships in the future, after Boeing Co abruptly canceled a deal in April to take over the company's commercial jet division.



5 years ago

How the coronavirus pandemic is shaking retirement confidence across generations

The recent economic downturn has prompted more workers to question whether they will retire comfortably, according to a survey. And they're more likely to dip into those savings to cover near-term expenses.

5 years ago

Aircraft makers go digital to fight coronavirus delivery logjam

Helicopter and jet makers are turning to digital technology so customers can inspect their big-ticket purchases remotely before taking delivery, as they strive to push through deals paralyzed by the coronavirus pandemic and bring in much needed cash.



5 years ago

Nasdaq postpones Philadelphia trading floor reopening due to protests

Nasdaq Inc said it postponed Monday's planned reopening of its PHLX options trading floor in Philadelphia, which had been closed because of the coronavirus pandemic, due to the demonstrations over the death of a black man, George Floyd, in police custody.



5 years ago

Embraer says China, India are potential partners after failed Boeing deal

Brazil's Embraer SA said on Monday that China and India could be potential new partners, following a Reuters report last week that said those two countries as well as Russia were interested in the planemaker's commercial jets division.



5 years ago