#Coronavirus treatment with umbilical cord-derived stem cells shows promise

#Coronavirus treatment with umbilical cord-derived stem cells shows promise

“#Coronavirus treatment with umbilical cord-derived stem cells shows promise” After a small study suggested stem cells from umbilical cords offered coronavirus patients a safe treatment, boosting survival rates and fast-tracking recovery, outside experts are echoing calls for large, multicenter clinical trials to conclude efficacy. The anti-inflammatory effects from so-called mesenchymal stem cells have sparked interest among some…

Read More
#Wells Fargo records rare profit beat as credit costs fall

#Wells Fargo records rare profit beat as credit costs fall

“#Wells Fargo records rare profit beat as credit costs fall” Wells Fargo posted a small rise in quarterly profit Friday that beat Wall Street estimates, as stabilizing credit costs helped buffer historic near-zero interest rates meant to prop up the ailing economy during the COVID-19 pandemic. The country’s fourth-largest bank, which has been plagued by hefty…

Read More
#Retail sales fell in December amid COVID-19 surge

#Retail sales fell in December amid COVID-19 surge

“#Retail sales fell in December amid COVID-19 surge” US retail sales fell for the third straight month in December as the coronavirus pandemic led shoppers to pinch pennies and hunker down at home. Retailers and food-service merchants raked in just under $541 billion last month — the lowest level since July — following decreases of…

Read More
#More people would get them under Biden plan

#More people would get them under Biden plan

“#More people would get them under Biden plan“ Joe Biden wants to send millions of Americans their third stimulus check — and give others their first. The president-elect’s $1.9 trillion economic relief plan calls for yet another round of direct payments to help people pay bills and support their families during the coronavirus pandemic. The proposal would…

Read More
#WWD loses two top editors amid COVID pandemic woes

#WWD loses two top editors amid COVID pandemic woes

“#WWD loses two top editors amid COVID pandemic woes” Fashion “bible” Women’s Wear Daily continues to slim down even as its owner, Penske Media, beefs up via a $225 million merger with the publisher of The Hollywood Reporter. Two top editorial executives quietly departed the trade publication at the end of the year, including one…

Read More
#Biden to unveil sweeping economic rescue package

#Biden to unveil sweeping economic rescue package

“#Biden to unveil sweeping economic rescue package” President-elect Joe Biden will outline his sweeping economic rescue package in a prime-time speech in Wilmington, Del., on Thursday evening. The package, which will be at the top of Biden’s legislative agenda as he takes office amid an ongoing pandemic, includes a commitment to $1,400 direct stimulus checks…

Read More
#Poshmark more than doubles its value in blockbuster Nasdaq debut

#Poshmark more than doubles its value in blockbuster Nasdaq debut

“#Poshmark more than doubles its value in blockbuster Nasdaq debut” Shares of Poshmark soared more than 130 percent in their stock market debut on Thursday, valuing the online fashion marketplace at $7.15 billion, highlighting investor optimism for online shopping that has surged during the COVID-19 pandemic. Shares opened at $97.50 on the Nasdaq, well above the…

Read More