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Novavax to settle Gavi arbitration over canceled Covid shot purchase

A health worker prepares a dose of the Novavax vaccine as the Dutch Health Service Organization starts with the Novavax vaccination program on March 21, 2022 in The Hague, Netherlands. Patrick Van Katwijk | Getty Images Shares of Novavax closed more than 20% higher on Thursday after the company said it will settle a bitter […]

Novavax to settle Gavi arbitration over canceled Covid shot purchase

A health worker prepares a dose of the Novavax vaccine as the Dutch Health Service Organization starts with the Novavax vaccination program on March 21, 2022 in The Hague, Netherlands. Patrick Van Katwijk | Getty Images Shares of Novavax closed more than 20% higher on Thursday after the company said it will settle a bitter […]

Sickle cell disease gene therapies Casgevy Lyfgenia insurance cost issues

The approval of two gene therapies to treat sickle cell disease has given hope to patients who suffer from the debilitating disease, which overwhelmingly affects Black people and people of color. Health officials now face a challenge in finding a way to provide equitable access to the costly treatments. The crippling episodes of pain from […]

Intuitive Machines’ stock sinks 32% after Odysseus moon lander falls on its side

Intuitive Machines’ stock fell more than 30% after hours Friday after the space-exploration company said that its Odysseus lunar lander had fallen on its side while landing near the moon’s south pole, hampering its communications with Earth. Intuitive Machines LUNR, +15.82% Chief Executive Steve Altemus said Friday that Odysseus “caught a foot in the surface […]

Warner Bros. Discovery hypes free cash flow. Investors don’t buy it

The “Bobs” from the film Office Space Source: 20th Century Fox | YouTube Listening to Warner Bros. Discovery Chief Executive Officer David Zaslav speak on Friday’s fourth-quarter earnings calls, I couldn’t help but think of a scene in the movie “Office Space.” An employee named Tom meets with two consultants, both named Bob (together, The […]

Intuitive Machines stock (LUNR) jumps after Odysseus moon landing

Intuitive Machines’ Nova-C lunar lander on display at NASA’s Marshall Space Flight Center. NASA Shares of Intuitive Machines jumped 16% in trading Friday after the company’s successful first moon landing. Intuitive Machines’ Nova-C cargo moon lander known as “Odysseus” on Thursday became the first privately developed spacecraft to land on the lunar surface — as well as the first […]

H&R Block’s online tax prep tricked customers into paying more money, FTC claims

H&R Block made it too hard for taxpayers to opt out of pricier tax-preparation plans and tricked customers about what types of taxes could be done for free, according to allegations in a new complaint by federal regulators. The Federal Trade Commission said Friday that H&R Block’s HRB, +2.57% online filing process pressured users with […]

United Airlines raises checked bag fee $5, following American

United Airlines planes at Denver International Airport. Leslie Josephs | CNBC United Airlines is raising the price to check bags, becoming the latest carrier this year to hike a fee that generated more than $5 billion for airlines in the first nine months of 2023 alone. United economy passengers who book domestic tickets starting Feb. […]

Block’s stock shows new shine as it heads for best day in two years

Judging by the sharp rally in Block Inc. shares, you could say it was a blockbuster quarter for the Square and Cash App parent company. Block’s stock SQ, +19.31% was ahead nearly 20% in afternoon trading Friday and would log its best day in over 15 months — since it rose 26.1% on Feb. 25, […]

Source: CurrencyRate