Day: July 21, 2023
Morgan Stanley credits Bidenomics for ‘much stronger’ than anticipated GDP growth
U.S. President Joe Biden provides a thumbs up as he walks with very first lady Jill Biden to Maritime Just one on the South Garden of the White Residence July 14, 2023 in Washington, DC. Drew Angerer | Getty Images WASHINGTON — Morgan Stanley is crediting President Joe Biden’s financial policies with driving an unforeseen […]
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Pfizer says no major tornado damage to drug manufacturing areas of North Carolina facility
In this aerial image, damage is seen to a Pfizer pharmaceutical factory after a tornado hit the facility two days earlier, on July 21, 2023 in Rocky Mount, North Carolina. Sean Rayford | Getty Images Pfizer on Friday said there does not appear to be major damage to the drug manufacturing areas of its plant […]
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Sanofi expects infant RSV shot to roll out before respiratory virus season this fall
A doctor is injecting a vaccine to a baby boy Karl Tapales | Moment | Getty Images Sanofi expects its infant RSV shot to roll out in the U.S. before respiratory virus season this fall, a company spokesperson said Friday. The Food and Drug Administration on Monday approved Beyfortus, a monoclonal antibody that is administered […]
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Kenvue CEO says consumers are spending on brand-name health products even as they pull back in other areas
Thibaut Mongon, CEO of Kenvue Inc. a Johnson & Johnson’s consumer-health business, speaks during an interview to celebrate its IPO at the New York Stock Exchange (NYSE), May 4, 2023. Brendan Mcdermid | Reuters Most consumers have pulled back on spending as inflation squeezes their wallets, but they have not stopped paying up for brand-name […]
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Here’s what Jim Cramer thinks about J&J stock after a pivotal talc case verdict
A closely watched talc trial in California goes against Johnson & Johnson (JNJ), adding uncertainty around whether tens of thousands of other plaintiffs suing the company will sign on to J & J’s proposed $8.9 billion settlement offer or seek to get their own days in court. Jim Cramer believes the biopharmaceutical company was “too […]
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FTX lobbyist tried using to acquire Pacific island of Nauru to make a new superspecies, lawsuit claims
Key Details Gabe Bankman-Fried, the young brother of FTX’s founder, tried out to acquire the island country of Nauru, a Delaware lawsuit alleges. The allegation was in a fit submitted by attorneys from Sullivan & Cromwell, which is in search of to recover billions of pounds from Sam Bankman-Fried just after the collapse of FTX. […]
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U.S. resort prices drop as far more Individuals opt for intercontinental travel
ShareShare Write-up through FbShare Posting through TwitterShare Write-up by means of LinkedInShare Write-up by using E mail CNBC’s Seema Mody joins ‘The Exchange’ to talk about softening holiday vacation desire in the U.S., raising American fascination in worldwide journey and decreasing figures of international tourism in the U.S., and U.S. vacation resort prices dipping decreased. […]
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Trump Media merger husband or wife DWAC soars 50% soon after SEC fraud settlement
The social media app will be designed by Trump Media and Technologies Group (TMTG). Rafael Henrique | LightRocket | Getty Illustrations or photos Shares of Digital Earth Acquisition Corp. — the shell organization searching for to choose previous President Donald Trump’s social media system public — soared much more than 50% on Friday pursuing the […]
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Microsoft shares hit a document higher this week. How the professionals are playing it
The artificial intelligence boom retains propelling Microsoft to stages not seen right before. The application huge rose 4% Tuesday to finish at a report close just after a announcing particulars on a slew of AI-relevant initiatives, which include pricing for its new AI membership and a partnership giving Meta Platforms ‘ AI design . The […]
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