Selling accelerated in late afternoon trading on Wednesday as investors took in conflicting news on Covid-19 and tech stocks tumbled.
SAN FRANCISCO - Facebook Inc (NASDAQ:FB) will not accept political ads that seek to claim victory before the results of the 2020 U.S. election are declared, a company spokesman tweeted on Wednesday.
WASHINGTON - Gilead Sciences Inc (NASDAQ:GILD) has agreed to pay $97 million to resolve U.S. government claims it used a purportedly independent charity to pay illegal kickbacks to cover Medicare patients' out-of-pocket costs for its pulmonary arterial hypertension drug Letairis.
BUENOS AIRES - Argentina's unemployment rate jumped to 13.1% in the second quarter of the year as the country was swiped by the coronavirus pandemic, the official statistics agency said on Wednesday, the highest since 2004 and up from 10.4% in the previous quarter.
WASHINGTON - U.S. President Donald Trump on Wednesday said he thinks the 2020 election will end up at the U.S. Supreme Court, adding that he thinks that is why it is important to have nine justices.