Bloomberg Johnson & Johnson (J&J) surged after the company said it would begin a $1-billion-plus effort with the US government to develop and manufacture a vaccine against the new coronavirus. J&J will work with Biomedical Advanced Research and Development Authority (BARDA) an arm of US Department of Health and Human Services, to further develop a vaccine the company said it’s ...

Bloomberg Ford Motor Co. is speeding up plans to produce ventilators in cooperation with General Electric Co. by selecting a simpler design of the medical devices and will aim to churn out 50,000 units in the next 100 days. The automaker will convert an auto-parts plant in Michigan to make breathing machines designed by Airon Corp. and licensed by GE ...

Bloomberg A Russian military plane loaded with medical equipment took off from outside of Moscow on Wednesday after President Vladimir Putin offered Donald Trump help for the US battle with coronavirus. “The Russian side offered assistance amid the dire epidemiological situation in America,” Kremlin spokesman Dmitry Peskov told state-run Channel One. “Trump gratefully accepted this humanitarian aid.” After his comments, ...