KRTL BioTech

Latest News on private equity markets

UAE's flydubai to cut salaries for three months due to coronavirus

United Arab Emirates' airline flydubai will cut salaries for three months from April due to the impact of the global coronavirus pandemic on its business, a spokeswoman said on Monday.



5 years ago

Lockdown set to stymie Fiat attempt to restart some Italian production

A probable extension of Italy's lockdown could frustrate an attempt by Fiat Chrysler to resume some vehicle production at three Italian plants next week, a union representative said on Monday.



5 years ago

Tap your health savings account first for medical costs during the coronavirus outbreak

Health savings accounts, or HSAs, allow you to use tax-free money towards medical expenses. Here's how to use it during the coronavirus pandemic.

5 years ago

Facebook commits $100 million to support news media hurt by virus crisis

Facebook Inc on Monday pledged $100 million in financing and advertising spending to support news organizations, including local publishers in the United States, reeling from pressure due to the coronavirus pandemic.



5 years ago

Mylan offers concessions to address EU concerns about Pfizer deal

Generic drugmaker Mylan NV has offered concessions to address European Union antitrust concerns about its bid for Pfizer's off-patent branded drugs business Upjohn, a filing on the European Commission site showed on Monday.



5 years ago

Neobanks Can’t Fight the COVID-19 “Flight to Quality”

Linkedin | Richard Turrin | March 29, 2020 Neobanks are caught in the middle of a coronavirus induced "flight to quality" that they may not be able to fight. Investors are moving capital away from risk and toward the safety of larger incumbents. Preliminary figures from the Federal reserve show large cash movements into the larger incumbent

5 years ago

J&J, U.S. government plan one billion doses of coronavirus vaccine

Johnson & Johnson said on Monday it made a $1 billion deal with the U.S. government to create enough manufacturing capacity for more than 1 billion doses of a vaccine it is testing to fight the new coronavirus that has killed more than 34,000 people around the world.



5 years ago

New Orleans doctors scramble as coronavirus deaths, cases soar

Emergency room doctor Thomas Krajewski stopped at the hospital room door at 2 a.m. to glance at the chart. He knew instantly the long odds faced by the patient inside: A man in his 70s, with a fever, short of breath.



5 years ago

The U.S. weighs the grim math of death vs. the economy

Hollstadt Consulting CEO Molly Jungbauer has had to let go 30 of the 150 employees at her St. Paul, Minnesota firm to weather the drop in revenue from travel industry clients because of the coronavirus.



5 years ago

Partisan divide returns in U.S. Congress on coronavirus next steps

Fresh partisan divisions flared on Sunday on the next steps for the U.S. Congress in dealing with the coronavirus crisis, with the top House of Representatives Republican casting doubt on the need for more economic stimulus legislation while House Speaker Nancy Pelosi signaled she plans to move forward with it.



5 years ago

Spread of coronavirus accelerates in U.S. jails and prisons

Sean Hernandez says he covers his mouth and nose with a t-shirt or towel when he leaves his cell, the only defense he can improvise against the coronavirus outbreak now sweeping through New York’s Rikers Island jail system.



5 years ago

France's Renault puts Paris white collar staff on partial unemployment

French carmaker Renault put most of its white collar staff in the Ile-de-France region around Paris on partial unemployment on Monday as the lockdown imposed due to the coronavirus outbreak lowered activity.



5 years ago

Cramer warns stock market short sellers about betting against science in coronavirus crisis

"This is a day where you say, if I'm short I'm betting against science, not betting against the lackadaisical attitude of many people in the country," CNBC's Jim Cramer said Monday.

5 years ago

Coronavirus could disrupt how you handle your credit card debt

A survey finds that 110 million adults entered the sudden downturn prompted by the coronavirus with credit card debts. But the traditional thinking of how to prioritize those debts among all of your expenses may need to be reexamined during this emergency time.

5 years ago

Wall St. gains as investors weigh stimulus against shutdown

Wall Street rose on Monday as President Donald Trump followed last week's massive fiscal stimulus package by extending his stay-at-home guidelines, leaving investors hopeful that the economic impact of the coronavirus could still be contained.



5 years ago