from Yahoo Finance https://ift.tt/2YAH53h

Yahoo Finance’s Alexis Christoforous, Brian Sozzi, and Andy Serwer discuss the cost of developing a COVID-19 vaccine in such a short time, and why that money is worthwhile.

from Yahoo Finance https://ift.tt/37wHU0U

GE said last month it was planning to cut the global workforce of its aviation unit this year by as much as 25%, or up to 13,000 jobs. GE Aviation had previously issued furloughs impacting about 50% of its U.S. maintenance, repair and overhaul employees and new engine manufacturing. Slattery will assume the role of president and CEO of GE Aviation on Sept. 1, and Joyce will transition to non-executive chair of GE Aviation through December 31.

from Yahoo Finance https://ift.tt/2C9ELsp