 | | | | Major global stock indexes scaled new peaks on Wednesday before shedding gains that anticipated a strong recovery from the coronavirus pandemic, while the dollar dipped to three-week lows as Treasury yields held below recent highs. | | | | | | (Reuters) -CBS News executive Kimberly Godwin has been named president of Walt Disney Co's ABC News, the media company said on Wednesday, becoming the first Black woman to lead the news division of a major broadcast television network. | | | | | | (Corrects first paragraph to "last seven sessions" from "six out of the last seven sessions") | | | | | | JPMorgan Chase & Co, the largest U.S. bank and often heralded as a bellwether for the economy, on Wednesday reported an eye-popping increase in its profit for the first quarter. | | | | | | Moderna Inc, looking to boost production of its COVID-19 vaccine, met with Nexus Pharmaceuticals to discuss manufacturing the shot at the company's new plant in Wisconsin, which has the capacity to process and fill 30 million doses a month, sources with knowledge of the matter said. | | | | | | Wall Street indexes closed mixed on Wednesday, with the Nasdaq Composite and S&P 500 falling despite another record intraday high for the latter and big banks' stellar results on the first day of earnings season. | | | | | | DETROIT (Reuters) -Ford Motor Co on Wednesday outlined another series of plant shutdowns due to the global semiconductor chip shortage, with five facilities in the United States and one in Turkey affected. | | | | | | Bernard Madoff, who for decades masqueraded as a successful and trustworthy Wall Street kingpin before admitting to running the largest known Ponzi scheme in history, died on Wednesday in prison where he was serving a 150-year sentence. He was 82. | | | | | | (Reuters) -Shares in Coinbase Global Inc had a choppy Nasdaq debut on Wednesday, with the cryptocurrency exchange's valuation swinging from as high as $112 billion to as low as $83 billion. | | | | | | The dollar dipped to three-week lows on Wednesday as Treasury yields held below recent highs, reducing the relative attractiveness of the U.S. currency. | | | | | |
