It is absolutely amazing in the world of business what an endorsement can do. It is especially so when that endorsement is from the President of The United States. The two drug companies involved that he mentioned had and immediate lift in their share prices. The president was given their drugs recently as a result of contracting the virus. There are issues that have surfaced as he was a previous owner of the stock of one of the companies. He is also a friend of the companies CEO and has other ties to him through golf. However, it is his statement that he wanted all patients of the virus to get the drugs free. Which was a shot in the arm for both companies share prices.

The potential contracts if this happens is a huge win for both the companies involved. It will most definitely affect the profit they will generate as a result very positively. Both companies have filed for authorization for emergency use.

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Mike is our Business Reporter who also used to make pop-up adaptations of Plato’s work. Mike strongly believes that Business should be recognized as an independent category of philosophy. That’s probably because he actually attended the IE University and double-majored in Philosophy and Business Analytics, so it’s hard to dispute. Growing up in a household of university professors, Mike has always been innovative with the knowledge that the world offered to him. He covered subjects such as finance, money, economic issues, stock market data for The Vault, Money Aim, RIS Media, and The Realtor. We were, however, surprised when Mike agreed to be our independent Business Reporter, since he used to claim he didn’t know what to do in media. This was false, he's just too humble.


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