First Data Merchant Services LLC and a former executive will pay nearly $40.3 million to settle U.S. civil charges they knowingly processed payments and helped launder credit card transactions in four scams that harmed hundreds of thousands of consumers.
Data from a small, early-stage safety trial testing Moderna Inc's experimental COVID-19 vaccine does not provide critical data to assess its effectiveness, Stat News reported on Tuesday, citing experts.
U.S. President Donald Trump's administration awarded a contract worth up to $812 million for a new U.S. company to manufacture drugs and drug ingredients to fight COVID-19 on American soil, aiming to end dependence on other countries.
Spotify Technology SA said on Tuesday comedian Joe Rogan's podcast will be available on the music streaming platform starting Sept. 1 and will become an exclusive later this year, sending shares 8% higher.
The S&P 500 closed lower on Tuesday, as investors focused on a report questioning Moderna's recent coronavirus vaccine early-stage trial results, wiping out modest gains on the benchmark index in the last hour of trading.
Visa Inc will allow a majority of its workforce to work from home through 2020, according to Chief Executive Officer Alfred Kelly Jr., mirroring similar moves from other fintech companies earlier in the week.
When a senior living facility in Amarillo, Texas suspected a nurse may have caught the novel coronavirus this month, it had a list within five minutes of staff and residents the nurse could have infected.
President Donald Trump said on Tuesday the United States should consider terminating trade deals under which it imports cattle as the federal government moves to help farmers hard hit by the coronavirus outbreak.
White House economic adviser Larry Kudlow said on Tuesday that President Donald Trump wants a payroll tax holiday for U.S. workers in the hopes of staunching economic pain caused by the coronavirus pandemic.
U.S. crude ended slightly higher on Tuesday, as U.S. Treasury Secretary Steven Mnuchin said he supported extending certain measures intended to bolster the economy, while Brent ended lower on concerns that output cuts might not be sufficient.
Top U.S. airlines and Air Canada on Tuesday reported slower ticket cancellations and an improvement in bookings on some routes, though executives said overall demand remained weak and changes to travel rules may force new business models.
AT&T Inc said on Tuesday it was shutting its DirecTV subscription access to Venezuela due to U.S. sanctions, cutting off a key source of entertainment for millions of people stuck in their homes under a strict coronavirus quarantine.
Lockheed Martin said on Tuesday it will slow production of its stealthy F-35 fighter jets at its Texas facility, possibly delaying delivery of between 18 and 24 jets due to a parts shortage as the coronavirus hampers production across the jet's vast supply chain.
Johnson & Johnson on Tuesday announced that it would stop selling its talc-based Johnson's Baby Powder in the United States and Canada, saying it was part of a broad reassessment of its consumer product portfolio prompted by the coronavirus pandemic.
Lockheed Martin said on Tuesday it will slow production of its stealthy F-35 fighter jets at its Texas facility, possibly delaying delivery of between 18 and 24 jets due to a parts shortage as the coronavirus hampers production across the jet's vast supply chain.