Month: April 2022
Philadelphia keeps indoor mask mandate in place despite Florida judge ruling against CDC
A shopper wearing a protective mask as a precaution against the spread of the coronavirus selects fruit at the Reading Terminal Market in Philadelphia. Matt Rourke | AP Philadelphia health officials are keeping the city’s newly reinstated indoor mask mandate in place despite a federal judge’s ruling in Florida that struck down a federal requirement […]
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Energy giants Siemens Gamesa and SSE agree $628 million deal amid rising costs and profit warnings
Details of the agreement between SSE and SGRE were announced on the same day the latter released preliminary results for the second quarter, reporting revenue of around 2.2 billion euros and an operating loss of roughly 304 million euros. Paul Ellis | AFP | Getty Images Siemens Gamesa Renewable Energy has agreed to sell assets […]
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Here’s what the analyst who predicted Netflix’s struggles says is next for the stock
Needham’s Laura Martin downgraded Netflix more than two years ago, and her predictions have proved prescient. Source
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‘Tesla is bigger than Musk’: Jefferies says investors shouldn’t be shaken by Twitter ‘distraction’
Tesla can continue executing on its plans even if Elon Musk ends up buying Twitter, Jefferies autos analyst Philippe Houchois says. Source
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Op-ed: U.S. Democrats press Congress to pass China tech competition bill to create jobs and shore up supply chain
Sen. Sherrod Brown, D-Ohio, and Rep. Ro Khanna, D-Calif., both sponsored legislation that promises to invest billions of dollars in technology, strengthen the U.S. supply chain and make America’s tech sector competitive with China. They both sit on the conference committee charged with combining different versions of the bill, which separately passed the U.S. House […]
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Stocks making the biggest moves premarket: Netflix, Procter & Gamble, Baker Hughes and more
Check out the companies making headlines before the bell: Netflix (NFLX) – Netflix plummeted 26.8% in the premarket after reporting it lost 200,000 subscribers during the first quarter. The streaming service had projected subscriber additions of 2.5 million. Netflix also said it was exploring an ad-supported version. Walt Disney (DIS), Roku (ROKU), Warner Brothers Discovery […]
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There’s more upside ahead for Costco and BJ’s Wholesale thanks to their lower prices, Loop says
Rising prices could drive consumers to club retail stores, according to Loop Capital Markets. Source
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Citi adds Amazon to its focus list, says stock can rise 30%
Amazon is well positioned across multiple industries and the stock should jump, according to Citi. Source
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Here’s how to choose a health insurance plan that fits your budget and life
Most Americans struggle to figure out which health insurance plan will save them money. It is a process that can be confusing, time-consuming and costly. A study of almost 24,000 employees at a major Fortune 100 company found that 61% of them chose the wrong plan for their needs. The average employee could have saved […]
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UK judge sends extradition case of Wikileaks’ Assange to interior minister Patel
WikiLeaks founder Julian Assange arrives at court in London on May 1, 2019 to be sentenced for bail violation. Daniel Leal-Olivas | AFP | Getty Images A British judge on Wednesday sent the case of Julian Assange to interior minister Priti Patel who will decide whether the Wikileaks founder should be extradited to the United States […]
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