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Wall Street Drops As Tech Stocks Tumble
The Nasdaq ended sharply lower on Wednesday after investors sold high-flying technology shares and pivoted to sectors viewed as more likely to benefit from an economic recovery on the back of fiscal stimulus and vaccination programs.
Explainer: Bats and the Origin of Outbreaks
Molecular studies have demonstrated that bats are natural reservoirs to many different viruses, some of which have led to disease outbreaks, such as COVID-19.
Boeing Raises Concern About Airbus Jet
Boeing has raised concerns over the design of arch-rival Airbus' newest narrow-body jet, the A321XLR, saying a novel type of fuel tank could pose fire risks.
India Woos Tesla With Offer of Lower Costs
India is ready to offer incentives to ensure Tesla Inc's cost of production would be less than in China if the carmaker commits to making its electric vehicles in the south Asian country.
Wall Street ended lower on Tuesday, pulled down by Apple and Tesla, while materials stocks climbed as investors waited for the U.S. Congress to approve another stimulus package.
Europe Launches Unprecedented Vaccination Campaign
Countries across Europe on Sunday launched a massive, cross-border vaccination campaign in a coordinated attempt to see of the coronavirus pandemic. David Doyle reports.
Consumers Cut Back on Spending As Income Drops
Consumer spending dropped in November for the first time since the recovery from the recession started in May, weighed down by a plunge in income.