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With record profits on Wall Street, small bonuses will annoy bankers: experts
By Scott Murdoch, Elizabeth Dilts Marshall and Imani Moise NEW YORK (Reuters) – Most Wall Street banks announced their fourth quarter profits beat industry expectations last week. But by the end of this week, bank sources and compensation experts told Reuters, most of their staff will be underwhelmed by their bonuses. Many dealmakers, traders and […]
Coronavirus: Questions over Gilead trades that made millions on possible treatment
Questions are being asked about the trading in shares of a US pharmaceutical company ahead of good news about a possible coronavirus treatment. US based Gilead Sciences has been developing former Ebola drug remdesivir for patients with COVID-19, a disease that has killed more than 370,000 people worldwide. It announced promising results in early stages […]
Theaters offer luxury, unique experiences to draw back moviegoers
Popcorn in a movie theater. Photo: Fabian Sommer/picture alliance via Getty Images The box office is showing signs of life again after a stagnant few years due to the pandemic and patrons are returning to a revamped movie theater experience. The big picture: Hundreds of theaters have shuttered since the onset of the pandemic, but […]