Month: August 2023
Foreign buyers are bailing on the U.S. housing market. Here’s why
International buyers are pulling back from the U.S. housing market, as high mortgage rates, soaring home prices, a meager supply of homes for sale and a strong dollar all make the purchases much less financially attractive. From April of last year to this March, international buyers bought roughly 84,600 homes; that’s the lowest number […]
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GSK sues Pfizer in U.S. court for patent infringement over RSV vaccine
Jun Li | Istock | Getty Images GlaxoSmithKline on Wednesday sued Pfizer in U.S. court, alleging patent infringement over Britain-based GSK’s respiratory syncytial virus vaccine. GSK claims Pfizer’s RSV vaccine, Abrysvo, infringes on four of its patents related to the antigen used in its own shot. related investing news “Upon information and belief, Pfizer knowingly […]
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Taco Bell owner Yum Brands misses revenue estimates despite soaring KFC sales
Signage is displayed outside a Yum! Brands Inc. Taco Bell and Kentucky Fried Chicken (KFC) restaurant in Louisville, Kentucky, U.S., on Thursday, Jan. 30, 2020. Luke Sharrett | Bloomberg | Getty Images Yum Brands on Wednesday reported mixed quarterly results as Taco Bell’s and Pizza Hut’s same-store sales disappointed. Shares of the company were up […]
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Amazon opens Refreshing grocery shipping and delivery to individuals without Prime
Brendan McDermid | Reuters Amazon is opening up its Fresh new grocery shipping provider to men and women devoid of Prime in choose U.S. towns. End users in a dozen cities, together with San Francisco, Boston, Nashville, and Austin, will be in a position to access the assistance. Amazon will cost non-Key customers $13.95 for […]
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Ferrari raises guidance after profit jumps as more customers personalize their sports cars
Ferrari Original Factory Entrance Courtesy: Ferrari Ferrari on Wednesday said that its second-quarter profit jumped 33% from a year ago as more of its customers chose costly “personalization” options for their new sports cars. Ferrari also raised its guidance for the full year following the results. related investing news The company now expects 2023 revenue […]
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Shares of Chinese Tesla rival Xpeng tumble 5% soon after head of autonomous driving resigns
An XPeng Inc. G9 electric powered car or truck at the Shanghai Car Display in Shanghai, China, on Monday, April 24, 2023. Qilai Shen | Bloomberg | Getty Visuals Xpeng shares fell close to 5% on Wednesday after the firm announced its head of autonomous driving will leave the company at what is witnessed as […]
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Ex-Google recruiter shares the No. 1 detail to do after implementing for a task: ‘Everyone fails’ at it
If you happen to be implementing for a position, it may perhaps feel like all there is to it is building sure your resume reflects the language of the work description, your protect letter describes why you want the situation, you’ve had various individuals study both equally — and then, lastly, you’ve despatched in all […]
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Apple iphone maker Foxconn to spend $600 million into cellular phone and chip project in India
Foxconn symbol shown on a telephone display and Apple logo on a laptop computer are found in this illustration image taken in Krakow, Poland on November 2, 2022. Jakub Porzycki | Nurphoto | Getty Images Foxconn will invest far more than $600 million in India as section of a cell phone production job and separately […]
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Democrats push Musk on X’s ‘hostile stance’ toward impartial investigation of its platform
Twitter unveils X logo to swap Larry the chook. Rafael Henrique | Lightrocket | Getty Photos Three Democratic lawmakers are pressing Elon Musk on his social media platform’s “hostile stance” toward independent research initiatives just after X, formerly recognized as Twitter, sued a nonprofit research team that discovered an boost in loathe speech right after […]
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‘Unprecedented heat’: Iran begins two-day nationwide shutdown amid soaring temperatures
A motorcyclist has a drink from a bottle to great off through a warmth wave in Tehran on July 11, 2023. Atta Kenare | Afp | Getty Images Iran on Wednesday commenced a two-working day nationwide shutdown simply because of soaring temperatures, soon just after the Islamic Republic’s health and fitness ministry warned of a […]
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