Top Headlines

National Headlines

Republican voters are slowly chipping away at what has been a large Democratic edge in early voting.

The court, on a 5-3 vote, left in place a lower court’s decision that blocked a ruling that would have let officials count ballots that were postmarked on Nov. 3…

Trump drew thousands of largely mask-less supporters, while Biden, taking a more cautious approach because, you know, there's damned pandemic, greeted a few dozen supporters outside a campaign field office.

The 52-48 vote on Monday was the first in modern times with no support from the minority party.

Business

Europe's largest bank is seeking to flip its main source of income from interest rate to fee-based businesses.

Weak fuel demand continued to weigh on refining profit margins, with BP refineries operating at only 80% of capacity.

Sales of its blockbuster Keytruda cancer drug rose 21% to $3.7 billion, driving total revenue of $12.6 billion. Adjusted earnings were $1.74 per share, and Merck now expects 2020 adjusted…

AMD will intensify its battle with Intel in the data center chip market.

Coronavirus — COVID-19

U.S. government officials are putting an early end to a study testing an Eli Lilly antibody drug for people hospitalized with COVID-19 because it doesn’t seem to be helping them.

Over 5,600 people died of the virus in the seven days ended Oct. 25. Deaths have risen for at least two weeks straight in 16 states, compared with nine states…

So far in October, 29 states have set records for increases in new cases, including five key election battleground states: Michigan, North Carolina, Pennsylvania and Wisconsin.

Each company had a study volunteer develop a serious health issue, requiring a review of safety data.

Economy

While sales are up significantly from last year, the pandemic may start to weigh on this market as winter approaches and the virus continues to surge nationwide.

"It is important to take time to reflect and assess if lessons can be learned that could make the Treasury market even more resilient to future shocks."

With several states reporting a record number of coronavirus infections, many employers are continuing to cut jobs as consumers are staying home.

Housing market has been lifted by record-low mortgage rates and a migration to suburbs and low-density areas.

Media, Arts and Entertainment

The company enjoyed a quarter's results of stuck-at-home parents looking to keep their kids entertained.

Unions representing over 10,000 Disney theme park workers have told Gov. Newsom that Disneyland can safely reopen when its location moves into the state’s “orange tier” of COVID-19 test positivity…

“It appears that – prior to, and during the pandemic – Disney took good care of its top executives and shareholders – and now is hanging its front-line workers out…

The move came days after activist investor Daniel Loeb urged Disney to forgo a dividend payment and double its programming investment in streaming.

Contributor Commentary

Industry and wireless analyst Jeff Kagan comments on AT&T and where it is heading. He looks at the strengths and weaknesses of the company both long term and short term.

Are you paying attention to bond yields?

I recently had the chance to speak with John W. Dean, former White House counsel for President Richard Nixon, who testified before Congress during the Watergate scandal and pleaded guilty…

Apple just introduced the iPhone 12. What will investors and users think? Will this be a good year for Apple? There are many things to consider like 5G, camera, MagSafe…

Markets

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IBM

     
BA

     
WMT

     
DIS

     
GOOG

     
XOM