Month: February 2024
Amazon cuts hundreds of work in Pharmacy, Just one Clinical models: Go through the memo
Amazon has removed hundreds of employment in its Pharmacy and One Clinical divisions, the corporation confirmed to CNBC. “As we continue to make it a lot easier for persons to get and continue to be balanced, we have discovered parts where by we can reposition methods so we can commit in invention and experiences that […]
Read More
Previous Canada Primary Minister's hedge fund pushes Kohl's to provide alone: Reuters
Then Primary Minister Stephen Harper addresses supporters soon after he shed the federal election in Calgary, Alberta, October 19, 2015. Todd Korol | Toronto Star | Getty Images An activist hedge fund chaired by former Canadian Primary Minister Stephen Harper is pushing U.S. division retailer operator Kohl’s to market itself, according to individuals familiar with […]
Read More
Bolts appeared to be missing from Boeing 737 Max doorway plug that blew off midflight, NTSB suggests
In this picture introduced by the Nationwide Transportation Protection Board, investigator-in-cost John Lovell examines the fuselage plug space of Alaska Airways Flight 1282 in Portland, Oregon, on Jan. 7, 2024. Nationwide Transportation Safety Board by way of AP Bolts appeared to have been missing from a doorway plug that blew out midair on Boeing 737 […]
Read More
Healthy Returns: Novo Nordisk, Eli Lilly are tackling weight loss drug supply woes
Good afternoon! All eyes are on Novo Nordisk and Eli Lilly again as Wall Street looks for signs that they can address one of the biggest hurdles they faced last year. Neither company has enough supply to meet the insatiable demand for their weight loss and diabetes drugs. One month into 2024, the two drugmakers still haven’t fully resolved those supply issues. […]
Read More
Seaport Investigate says a correction is here: 'The industry is way too narrow and plan is much too restricted'
A market place pullback could be on the horizon, in accordance to Seaport Investigate Associates. “The sector is too slender and plan is also limited,” Seaport macro strategist Victor Cossel wrote on Tuesday. “Thus, we see an escalating risk of a tactical current market correction in the in close proximity to time period toward SPX […]
Read More
Eli Lilly says weight loss drug shows promise as treatment for fatty liver disease
An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City, U.S., December 11, 2023. Brendan McDermid | Reuters Eli Lilly on Tuesday said its highly popular drug used for weight loss and diabetes showed promise as a treatment for fatty liver disease in a midstage trial. The initial study […]
Read More
CleanSpark jumps on programs to get 4 bitcoin mining services forward of the halving
An array of bitcoin mining units inside a container at a CleanSpark facility in College Park, Georgia, on April 22, 2022. Elijah Nouvelage | Bloomberg | Getty Images Bitcoin miner CleanSpark climbed on Tuesday after the organization stated it will obtain new mining facilities that will give it the ability and infrastructure to likely double […]
Read More
Toyota investing $1.3 billion in Kentucky to construct all-electric, three-row SUV
Akio Toyoda, Chairman of Toyota Motor Corp. Yoshikazu Tsuno | Gamma-rapho | Getty Photographs Toyota Motor is investing $1.3 billion in a Kentucky plant to make a new all-electric, three-row SUV for the U.S. current market, the company reported Tuesday. The car or truck is envisioned to go into manufacturing in between late 2025 and early […]
Read More
Ford Motor is set to report earnings after the bell. Here's what Wall Street expects
Ford CEO Jim Farley at the company’s Dearborn, Michigan, plant where it’s building the electric F-150 Lightning on April 26, 2022. CNBC | Michael Wayland DETROIT — Ford Motor is announcing fourth-quarter and 2023 earnings after the markets close Tuesday. Here’s what Wall Street expects, based on average analysts’ fourth-quarter estimates compiled by LSEG, formerly […]
Read More
Wall Street says Big Tech needs to take a breather after huge run. Here's our take
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. 1. U.S. stocks were mixed Tuesday, on a muted performance from Big Tech. Citigroup strategists warned that tech stocks may stall out after monstrous gains. “The large consensus positioning is […]
Read More