More from Danica Kirka
Shell to Start Eliminating Refineries
The company plans to close seven refineries and reduce production of gasoline and diesel fuel by 55% over the next decade.
Feb 11th, 2021
Virus Haunts New Year
January is looking grim as virus cases outpace vaccinations.
Jan 5th, 2021
UK Authorizes Pfizer Coronavirus Vaccine for Emergency Use
The company's shot is the first to be backed up by rigorous scientific review.
Dec 2nd, 2020
3rd Major COVID-19 Vaccine Shown to Be Effective and Cheaper
The results come as a second wave of COVID-19 hits many countries.
Nov 23rd, 2020
British Airways CEO Replaced
BA's passenger traffic dropped 95% from a year earlier in the second quarter.
Oct 12th, 2020
Drugmaker Novavax Begins Late-Stage Vaccine Trial in UK
The trial will involve 10,000 people between the ages of 18 and 84.
Sep 25th, 2020
Virgin Atlantic Completes Rescue Plan; 1,150 Jobs Lost
The deal was was formally recognized by a U.S. court — the last step in the legal process.
Sep 4th, 2020
US Sinks Another $2.1B Into Potential Vaccine
In addition to 100 million doses of the experimental vaccine, the funds will also cover “clinical trials, manufacturing, scale-up and delivery."
Jul 31st, 2020
AstraZeneca Agrees to Make COVID-19 Vaccine for Europe
The drugmaker plans to begin delivering the vaccine by the end of 2020.
Jun 15th, 2020
BP Takes $17.5B Hit
The pandemic has accelerated emissions cuts.
Jun 15th, 2020
BP to Cut 10,000 Jobs Worldwide
The company also plans to slash capital expenditures by 25%.
Jun 8th, 2020
Nearly 39 Million Have Lost Jobs in US
More than 2.4 million people filed for unemployment last week.
May 22nd, 2020