Month: January 2024
Johnson & Johnson to settle talc baby powder investigation, will reportedly pay $700 million
In this photo illustration, a container of Johnson and Johnson baby powder is displayed on April 05, 2023 in San Anselmo, California. Justin Sullivan | Getty Images Johnson & Johnson has reached a tentative settlement to resolve an investigation by more than 40 states into claims that the company misled patients about the safety of […]
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Appeals courtroom upholds 'pharma bro' Martin Shkreli life span ban from drug industry
Martin Shkreli, previous main executive officer of Turing Prescribed drugs AG, exits court in New York, US, on Wednesday, Oct. 4, 2023. Yuki Iwamura | Bloomberg | Getty Pictures A federal appeals courtroom Tuesday upheld a life time ban on “pharma bro” Martin Shkreli from performing in the prescribed drugs business as perfectly as an […]
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Wall Street is bullish on Royal Caribbean’s new ‘record-busting spectacle’ of a ship
There is certainly a further motive to be bullish on Royal Caribbean , in accordance to a number of Wall Street analysts. The cruise line held an investor meeting on its latest mega ship, Icon of the Seas, more than the weekend and the response was constructive. The vessel formally debuts Jan. 27. Morgan Stanley […]
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Best-picture Oscar nominees 'Barbenheimer' account for 88% of the slate's box-office haul
Movie posters for “Barbie” and “Oppenheimer” are pictured outside the Cinemark Somerdale 16 and XD in Somerdale, New Jersey, in 2023. Hannah Beier | The Washington Post | Getty Images “Barbenheimer” strikes again. It’s no surprise that Warner Bros.’ “Barbie” and Universal’s “Oppenheimer” were among the 10 best-picture nominees announced Tuesday for this year’s Academy […]
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Tending to AI's electric power needs is a booming business. These stocks are in the sweet place
Artificial intelligence is a electricity-hungry enterprise. The AI servers Nvidia shipped just final year are approximated to have eaten roughly the exact same quantity of energy as 20 million U.S. houses, in accordance to Financial institution of The united states. Currently, information facilities use in between 1% and 2% of the energy developed globally, in […]
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Netflix is set to report earnings – here's what Wall Street expects
The Netflix logo is shown on one of the streaming giant’s Hollywood buildings in Los Angeles on July 12, 2023. Mike Blake | Reuters LOS ANGELES — Netflix is due to report fourth-quarter earnings after the closing bell Tuesday. The company’s performance has been an anomaly in the streaming realm. While competitors struggle to turn […]
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Alphabet cuts ties with Australian AI organization that aided educate Bard and Google Search
Alphabet has cut contractual ties with Appen, the synthetic intelligence information firm that helped coach Google’s chatbot Bard, Google Search results and other AI products and solutions. After a “strategic assessment procedure,” Alphabet notified Appen over the weekend of the termination, which will go into outcome March 19, according to a submitting from Appen. The […]
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Dow slips 150 factors right after a batch of disappointing earnings: Live updates
A trader will work on the flooring at the New York Inventory Exchange on Dec. 4, 2023. Brendan Mcdermid | Reuters The Dow Jones Industrial Normal fell Tuesday, pulling again from history-breaking highs as traders poured by way of the latest batch of corporate earnings. The blue-chip Dow missing 160 details, or .4%, retreating under […]
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Airline stocks rise as United kicks off busy earnings week
Boeing 787-10 Dreamliner, from United Airlines company, taking off from Barcelona airport, in Barcelona on 28th March 2023. JanValls | Nurphoto | Getty Images United Airlines shares rose about 4% on Tuesday after the company reported higher-than-expected earnings and revenue for the fourth quarter. The carrier hit its full-year adjusted earnings target of between $10 […]
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Ukraine war latest updates: Kremlin denies latest deadly Russian strikes on major Ukrainian cities was revenge for market attack
U.S. Defense Secretary Austin urges allies to ‘dig deep’ on Ukraine support U.S. Secretary of Defense Lloyd Austin testifies at a Senate Appropriations Committee hearing on Capitol Hill October 31, 2023 in Washington, DC. Drew Angerer | Getty Images News | Getty Images U.S. Secretary of Defense Lloyd Austin on Tuesday urged members of the […]
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