Month: March 2022
FDA authorizes fourth Pfizer Covid vaccine dose for people age 50 and older
The Food and Drug Administration has authorized a fourth Pfizer Covid vaccine dose for everyone age 50 and older, amid uncertainty over whether an even more contagious version omicron will cause another wave of infection in the U.S. as it has in Europe and China. Pfizer, in a statement on Tuesday, said the FDA also […]
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GM looks to increase electric Hummer production as reservations top 65,000, exceeding expectations
GMC Hummer EV pickup truck Michael Wayland / CNBC PHOENIX – General Motors has received more than 65,000 reservations for its electric GMC Hummer pickups and SUVs, as the automaker attempts to expedite production of the vehicles to meet demand. The reservations number is higher than the automaker’s initial expectations, according to Duncan Aldred, global […]
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5 things to know before the stock market opens Tuesday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stocks set to rise, with Dow, S&P 500 on winning streaks Traders on the floor of the NYSE, March 28, 2022. Source: NYSE U.S. stock futures pointed to a higher open Tuesday and a fourth straight session […]
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‘Significant’ evidence suggests Trump Organization misstated asset values for more than a decade, NY AG says
Former U.S. President Donald Trump speaks during a rally at the Iowa States Fairgrounds in Des Moines, Iowa, October 9, 2021. Rachel Mummey | Reuters The New York Attorney General Office’s probe of the Trump Organization has “uncovered significant evidence” suggesting that the company’s financial statements for more than a decade relied on misleading valuations […]
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Robinhood adds four additional hours to extended trading for clients
Vlad Tenev, co-founder and CEO of Robinhood rings the opening bell at the Nasdaq on July 29th, 2021. Source: The Nasdaq As some Robinhood clients head back to the office following the pandemic, the stock trading app — which has experienced a slowdown in volume this year — is now offering extra hours in the […]
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Fortinet shares could gain 17% from here as cyber threats mount, Barclays says
Fortinet could strong gains from here, as cyber attacks continue to rise around the world, according to Barclays. Source
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Stocks making the biggest moves in the premarket: Nielsen Holdings, FedEx, LHC Group and more
Take a look at some of the biggest movers in the premarket: Nielsen Holdings (NLSN) – The TV ratings company’s stock surged 20.9% in the premarket after it agreed to be acquired by a private-equity consortium for $28 per share. The deal is worth $16 billion, including assumed debt. FedEx (FDX) – FedEx CEO Fred […]
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UAE energy minister warns of poverty and economic stagnation if energy affordability isn’t tackled
United Arab Emirates’ Energy Minister Suhail Mohamed al-Mazrouei at a press conference in January, 2018. MOHAMMED MAHJOUB/AFP/Getty Images Failure to address energy affordability risks casting significant portions of the world into poverty and stagnating the global economy, according to the United Arab Emirates Energy Minister Suhail Al Mazrouei. Soaring energy prices have caused inflation to spike […]
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Vice President Kamala Harris set to tout corporate giants’ $4.7 billion pledge to minority-owned businesses based near Washington D.C.
Vice President Kamala Harris on Wednesday will join a group that includes leaders of corporate giants to promote a $4.7 billion commitment to boosting minority-owned businesses and underrepresented communities in Washington, D.C., and surrounding areas. Harris will speak at an event at Howard University where the Greater Washington Partnership, a nonprofit civic alliance, will unveil […]
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Sony launches new PlayStation gaming subscription service to take on Microsoft
In this photo illustration a PlayStation 5 logo seen displayed on a smartphone. Mateusz Slodkowski | SOPA Images | LightRocket via Getty Images Sony is set to launch a new video game subscription service this summer, seeking to drive sales of its PlayStation consoles and compete with a similar offering from Microsoft. The company said […]
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