Month: January 2023
The Covid pandemic drives Pfizer’s 2022 revenue to a record $100 billion
Empty vials of Pfizer-BioNTech coronavirus disease (COVID-19) children’s vaccines are pictured at Skippack Pharmacy in Schwenksville, Pennsylvania, U.S., May 19, 2022. Hannah Beier | Reuters The ongoing Covid-19 pandemic propelled pharmaceutical company Pfizer’s earnings to a record $100 billion last year, almost $57 billion of which was driven by its vaccine and antiviral pill Paxlovid, […]
Read MoreThe end of the Covid health emergency won’t slow FDA clearance of shots and treatments
Vials and a medical syringe seen displayed in front of the Food and Drug Administration (FDA) of the United States logo. FDA finds the COVID-19 vaccine. Pavlo Gonchar | LightRocket | Getty Images The Food and Drug Administration on Tuesday said its emergency authorizations of Covid vaccines, tests and treatments will not be impacted by […]
Read MoreJim Cramer’s Investing Club meeting Tuesday: Caterpillar, J&J, Humana
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. Opportunity to buy Caterpillar Confident in decision to buy Johnson & Johnson Why buy ahead of an overhang? 1. Opportunity to buy Caterpillar Shares of Caterpillar (CAT) were down 4.2% […]
Read MorePfizer expects 2023 sales to decline as much as 33% compared with record-breaking 2022
Vials containing the Pfizer/BioNtech vaccine against the coronavirus disease (COVID-19) are displayed before being used at a mobile vaccine clinic, in Valparaiso, Chile, January 3, 2022. Rodrigo Garrido | Reuters Pfizer on Tuesday issued sales guidance of $67 billion to $71 billion for 2023, a decline from its record-breaking 2022 results. The pharmaceutical company booked […]
Read MoreStocks making the biggest moves premarket: McDonald’s, UPS, General Motors and more
In this article IP XOM GM CAT Follow your favorite stocksCREATE FREE ACCOUNT Nathan Stirk | Getty Images News | Getty Images Check out the companies making headlines before the bell. McDonald’s — Shares dipped more than 1% after McDonald’s reported its latest quarterly results. The fast food giant topped earnings and revenue estimates, saying […]
Read MoreManhattan grand jury commences to hear proof in Trump hush funds case: report
Previous U.S. President Donald Trump speaks in the course of a marketing campaign cease to unveil his management crew, at the South Carolina State Property in Columbia, South Carolina, U.S., January 28, 2023. Shannon Stapleton | Reuters A Manhattan grand jury commenced hearing evidence Monday in a prison probe of a 2016 hush income payment […]
Read MoreGoogle’s ex-CEO Eric Schmidt tapped for federal biotech commission that allows members to keep biotech investments
On Dec. 30, leaders of the House and Senate Armed Services committees announced the selection of former Google CEO Eric Schmidt and 11 others to serve on a new federal commission on biotechnology. Tasked with reviewing the biotech industry and suggesting investments that would benefit U.S. security, the National Security Commission on Emerging Biotechnology is […]
Read MoreTrump sues Bob Woodward and publisher for $50 million about use of his job interview recordings
Previous President Donald Trump speaks on May possibly 28, 2022 in Casper, Wyoming. The rally is getting held to assist Harriet Hageman, Rep. Liz Cheneys major challenger in Wyoming. Chet Odd | Getty Pictures Previous President Donald Trump sued famed journalist Bob Woodward on Monday above the release of audio recordings of his interviews with […]
Read MoreBiden administration plans to end Covid public health emergency in May
U.S. President Joe Biden delivers remarks on the coronavirus disease (COVID-19) before receiving a second COVID-19 booster vaccination in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, U.S., March 30, 2022. Kevin Lamarque | Reuters The Biden administration plans to end the Covid public health emergency this spring, as […]
Read MoreTop U.S., Chinese and Russian officers tour Africa as international allure offensive gathers rate
Janet Yellen, US Treasury secretary, in the course of a information convention with Enoch Godongwana, South Africa’s finance minister, at the Countrywide Treasury in Pretoria, South Africa, on Thursday, Jan. 26, 2023. Waldo Swiegers | Bloomberg | Getty Images Russian Overseas Minister Sergei Lavrov, new Chinese International Minister Qin Gang and U.S. Treasury Secretary Janet […]
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