×

Money & Markets

Pfizer: COVID-19 shot 95 percent effective, seeking clearance soon

Pfizer said Wednesday that new test results show its coronavirus vaccine is 95 percent effective, is safe and also protects older people most at risk of dying — the last data needed to seek emergency use of limited shot supplies as the catastrophic outbreak worsens across the globe. The ...

Twitter, Facebook CEOs vow election action

WASHINGTON — As the CEOs of Twitter and Facebook gave assurances of vigorous action against election disinformation, Republicans at a Senate hearing Tuesday pounded the social media companies over political bias, business practices and market dominance, laying the ground for curbs on their ...

States plead for more federal help as outbreak worsens

With more shutdowns looming and a vaccine months away from wide distribution, governors across the U.S. are pleading for more help from Washington ahead of what is shaping up to be a bleak winter. Renewed restrictions on indoor businesses, overloaded hospitals and the coming end of ...

Airbnb details years of losses ahead of planned IPO

Airbnb was losing money even before the pandemic struck and cut its revenue by almost a third, the home-sharing company revealed in documents filed Monday ahead of a planned initial public offering of its stock. The San Francisco-based company has yet to set a date for the IPO but it is ...

New device puts music in your head — no headphones required

LONDON — Imagine a world where you move around in your own personal sound bubble. You listen to your favorite tunes, play loud computer games, watch a movie or get navigation directions in your car — all without disturbing those around you. That’s the possibility presented by “sound ...

Bidenomics: More stimulus, tougher regulation, and gridlock

WASHINGTON — President-elect Joe Biden will inherit a vulnerable economic recovery under threat from a resurgent virus, likely with a divided Congress that will hinder his ability to address the challenges. Yet despite the obstacles, the former vice president and senator will pursue a ...