Moderna Shares of the biotechnology company fell more than 4% as investors took profits after a key panel advised the Food and Drug Administration to grant the company s coronavirus vaccine emergency use authorization. Despite investors move to take profits on Friday, Moderna shares have more than doubled in value over the last six months as it became clear its vaccine could be approved for widespread use
FedEx Shares of the shipping company slipped more than 4% after FedEx failed to give 2021 guidance during its quarterly update. The company did, however, beat top and bottom line estimates during the second quarter, earning an adjusted $4.83 per share on $20.56 billion in revenue. Analysts surveyed by Refinitiv expected $4.01 per share and $19.46 billion in revenue.
A Very Short History of Pittsburgh
For Pittsburgh, geography and geology have been destiny. August 25, 2008
Geography comes first. Close upon the confluence of the Allegheny and Monongahela rivers, one gets a sense of westward flowing waters, but a map of Western Pennsylvania shows the Allegheny flowing south and the Monongahela north, almost at right angles to the Ohio.
A fourth river, the Potomac, comes into play by bringing the coast of Virginia close to the Monongahela and allowing for some tough navigation to connect Pittsburgh with the Atlantic Ocean. Lastly the mountains. The western slope of the Alleghenies lies some 40 miles from the Point. From there, it’s a straight 1,500-mile shot to the Rockies. Pittsburgh not only faces but opens the great heartland of America. Before the canals and railroads, the Ohio and Mississippi river systems were the interstate highways of their day.
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A group of visitors begins a tour at the Lorain Lighthouse on July 3, 2020. The Lorain Lighthouse Foundation has announced a $25,000 donation dedicated to James and Phyllis Mahony, from their son and daughter-in-law, Patrick and Susan Mahony. The Lighthouse represented the strength, determination and a welcoming beacon of the community they loved and were proud of, Patrick Mahony said.