Norovirus vaccine from Moderna could have Phase 3 results this year
A researcher works in the lab at the Moderna Inc. headquarters in Cambridge, Massachusetts, US, on Tuesday, March 26, 2024. Adam Glanzman | Bloomberg | Getty Images Norovirus is raging across the U.S. this winter. Moderna might soon have a vaccine for it. A large phase three trial of the shot is underway, with results […]
Trump tariff talk is heating up on Wall Street, signaling a rocky road ahead for investors
S&P 500 companies’ mentions of tariffs on earnings calls have surged, according to Citi Research.
Store closures rise, led by Party City, Big Lots, Walgreens
Shoppers seek closeout sale discounts at Party City in Stamford, Conn. July 3, 2023. Tyler Sizemore | Albany Times Union | Hearst Newspapers | Getty Images Store closures in the U.S. last year hit the highest level since the pandemic — and even more locations are expected to shutter this year, as shoppers’ dollars increasingly […]
Corporate tax cuts don’t boost the economy — despite what many investors believe
Raising corporate taxes — not cutting them — frequently delivers faster economic growth.
American Airlines (AAL) 4Q 2024 earnings
American Airlines‘ first-quarter earnings outlook on Thursday fell short of analysts’ estimates, sending its shares down nearly 9%. The carrier forecast an adjusted loss per share of 20 cents to 40 cents for the first three months of 2025 based on current demand trends and a fuel price forecast, a wider loss than the 4 […]
AmEx spending picked up at year-end, thanks to younger cardholders
Silas Stein | Picture Alliance | Getty Images American Express’ affluent cardholders got comfortable spending more freely again late last year, Chief Financial Officer Christophe Le Caillec told CNBC. Spending on AmEx cards jumped 8% year over year in the fourth quarter after slowing from a 7% growth rate early in the year to 6% […]
Target joins Walmart in pulling back on DEI. But this big retailer and its shareholders are staying the course.
Target said that it was ending its diversity, equity and inclusion goals as it tries to align itself with an “evolving external landscape.”
Target rolls back major DEI initiatives
Target on Friday said it’s rolling back diversity, equity and inclusion programs — including some that aim to make its workforce and merchandise better reflect its customers. In a memo sent to its employees, the Minneapolis-based retailer said it will end its three-year DEI goals, stop reports to external diversity-focused groups like the Human Rights […]
Beyond Oracle and Nvidia, these stocks and sectors can benefit from the Stargate AI venture
Here’s a roadmap to the next stages of the buildout of AI in the U.S.
AI-enhanced films score nods for acting, editing
Adrian Brody in “The Brutalist” Source: A24 Two films facing controversy over their use of artificial intelligence led the nominees for the Academy Awards announced Thursday. “The Brutalist,” a drama about a Hungarian-Jewish architect who survives the Holocaust and flees to the U.S., garnered 10 nominations, while “Emilia Pérez,” a musical centered on a transgender […]
