All Vail Resorts Will Close from March 15 – March 22 Says CEO Rob Katz

All Vail Resorts Will Close from March 15 – March 22 Says CEO Rob Katz

Broomfield, CO…This has no doubt been an incredibly challenging time. With 37 resorts spread across 15 states and three countries, we – like the rest of the world – have been closely tracking every new development related to coronavirus (COVID-19) and have been in constant contact with local health officials for guidance. Without question, our […]

Roche’s Rapid Test to Detect Novel Coronavirus Receives FDA Emergency Use Authorization

Roche’s Rapid Test to Detect Novel Coronavirus Receives FDA Emergency Use Authorization

Basel, Switzerland…Roche today announced that the U.S. Food and Drug Administration (FDA) has issued an Emergency Use Authorization (EUA) for the cobas® SARS-CoV-2 Test. It is intended for the qualitative detection of SARS-CoV-2, the virus that causes COVID-19 disease, in nasopharyngeal and oropharyngeal swab samples from patients who meet COVID-19 clinical and/or epidemiological criteria for […]

Quest Diagnostics Launches Coronavirus Disease 2019 (COVID-19) Test. Started Receiving Specimens March 9th

Quest Diagnostics Launches Coronavirus Disease 2019 (COVID-19) Test.  Started Receiving Specimens March 9th

Secaucus, NJ…Quest Diagnostics (NYSE: DGX), the world’s leading provider of diagnostic information services, has launched a coronavirus (COVID-19) test service. The new test service aids the presumptive detection of nucleic acid in respiratory specimens of patients meeting CDC’s clinical criteria for COVID-19 testing. Quest was in position to receive specimens for testing, and begin to […]

Jobs Numbers Roar Ahead in February with 273,000 Jobs Added

Jobs Numbers Roar Ahead in February with 273,000 Jobs Added

Washington, DC…Total nonfarm payroll employment rose by 273,000 in February, and the unemployment rate was little changed at 3.5 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in health care and social assistance, food services and drinking places, government, construction, professional and technical services, and financial activities. This news release […]

Federal Reserve FOMC On Dropping Interest Rates Due to Coronavirus

Federal Reserve FOMC On Dropping Interest Rates Due to Coronavirus

Washington, DC…The fundamentals of the U.S. economy remain strong. However, the coronavirus poses evolving risks to economic activity. In light of these risks and in support of achieving its maximum employment and price stability goals, the Federal Open Market Committee decided today to lower the target range for the federal funds rate by 1/2 percentage […]

Dow Opens Up Modestly in Early Trading

Dow Opens Up Modestly in Early Trading

New York, NY…The financial markets have opened up slightly this morning in early trading. Traders are looking for profit opportunities and the Fed was active in repos overnight as well. Have we found the bottom? Who knows but aggressive searching for footing is underway…

Breakthrough From Israel’s MIGAL Research Institute in Development of Corona virus (COVID-19) Vaccine

Breakthrough From Israel’s MIGAL Research Institute in Development of Corona virus (COVID-19) Vaccine

Kiryat Shmona, Israel…After 4 years of research funded by Israel’s Ministry of Science & Technology, MIGAL’s researchers have developed an effective vaccine against avian coronavirus Infectious Bronchitis Virus (IBV), to be adapted soon and create a human vaccine against COVID-19. Israel’s Minister of Science and Technology, Mr. Ofir Akunis, commented: “Congratulations to MIGAL on this […]