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Wednesday, February 24, 2021

Disney to lay off 28,000 due to pandemic

Disney announced Tuesday it's laying off about 28,000 employees in the United States in response to a loss of business because of the coronavirus pandemic.

3M ramps up N95 production amid shortage; surges prompt new orders in states

Manufacturer 3M said it's increasing production of N95 respirator masks as the United States experiences a shortage amid a surge of COVID-19 cases.

Dow Jones, S&P 500 and Nasdaq Composite all hit record highs Thursday

U.S. stocks closed at record highs on Thursday as investors maintained optimism over COVID-19 stimulus negotiations in Congress.

S&P 500 marks third straight day of gains, Amazon stock drags down Nasdaq

The S&P 500 climbed for the third consecutive day Wednesday as a drop inĀ AmazonĀ stocks dragged the Nasdaq Composite to slight losses.

Australia, France sign defense information-sharing treaty

Defense chiefs from France and Australia have signed an agreement to share classified information supporting work on Australia's Future Submarine Program.