Month: April 2022
Stocks making the biggest moves midday: JetBlue, Eli Lilly, Occidental Petroleum and more
A JetBlue passenger jet (Embraer 190) taxis at LaGuardia Airport in New York, New York. Robert Alexander | Archive Photos | Getty Images Check out the companies making headlines in midday trading Wednesday. JetBlue — Shares of JetBlue fell another 7.6% on Wednesday, as investors weighed the airline’s $3.6 billion cash takeover offer to take […]
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U.S. charges Russian oligarch with Ukraine-related sanction violations
U.S. Attorney General Merrick Garland announces a federal investigation of the City of Phoenix and the Phoenix Police Department during a news conference at the Department of Justice on August 05, 2021 in Washington, DC. Kevin Dietsch | Getty Images WASHINGTON — The Justice Department on Wednesday announced the first known criminal charge against a Russian […]
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Scientists divided on need for 4th Covid shot after FDA quietly approved another round of boosters
Cathy Dozal gets her second booster shot against COVID-19 from Vocational nursing student, Patricia Lizardo, at Long Beach City College in Long Beach on Wednesday, March 30, 2022. Brittany Murray | Medianews Group | Getty Images Leading U.S. scientists and physicians worry that the FDA and CDC are moving too fast in approving a fourth […]
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LinkedIn says Amazon is the top U.S. company to work for if you want career growth
Amazon fulfillment center in Eastvale, California on Tuesday, Aug. 31, 2021. MediaNews Group | The Riverside Press-Enterprise via Getty Images LinkedIn on Wednesday named Amazon the top U.S. company to work for if you’re seeking career growth. It’s the second year Amazon has topped the list. LinkedIn’s 2022 Top Companies list tracks seven pillars focused […]
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Yellen warns that war in Ukraine will have ‘enormous’ global economic impact
U.S. Treasury Secretary Janet Yellen testifies before a House Financial Services Committee hearing on “the State of the International Financial System,” on Capitol Hill in Washington, U.S., April 6, 2022. Tom Brenner | Reuters Treasury Secretary Janet Yellen cautioned Wednesday that Russia’s attack on Ukraine could cause a major hit to the global economy. “Russia’s […]
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U.S. sanctions Putin’s adult children, bans all new investment in Russia
Russian President Vladimir Putin chairs a meeting on agriculture via a video link at the Novo-Ogaryovo state residence outside Moscow on April 5, 2022. Mikhail Klimentyev | AFP | Getty Images WASHINGTON — The United States on Wednesday announced it would impose a new slate of sanctions on Russia that includes first-time sanctions on the […]
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Porsche ups its investment in ‘e-fuels’ for the EV transition with a stake in a manufacturer in Chile
A Porsche 911 Carrera 4S stands in the evening light in a drive-in cinema on the circuit of the Leipzig Porsche factory. Jan Woitas | picture alliance via Getty Images DETROIT — Porsche is upping its investment in the development of climate-neutral “e-fuels” made to replace gasoline in traditional combustion engines. The German automaker, owned […]
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Commerce Secretary Gina Raimondo tests positive for Covid after attending politician-packed D.C. Gridiron dinner
Commerce Secretary Gina Raimondo testifies before a Senate Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies hearing on Capitol Hill in Washington, D.C., U.S., February 1, 2022. Andrew Harnik | Reuters Commerce Secretary Gina Raimondo tested positive for Covid on Wednesday, making her the latest official to catch the virus after attending a swanky […]
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Watch Treasury Secretary Janet Yellen speak live on the global financial system
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Treasury Secretary Janet Yellen testifies Wednesday before the House Financial Services Committee on the state of international finance. In remarks prepared for the hearing, Yellen in particular noted the impact […]
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We’re trimming tech stocks and an automaker because it never pays to fight the Fed
We’re making several more trims, targeting tech and an economically sensitive automaker due to our concerns about an aggressively hawkish Fed. Source
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