Author: Admin

Nio’s outlook will be in the spotlight when the Chinese EV maker reports earnings Thursday
Nio plans to begin deliveries of its ET7 electric sedan in 2022. Evelyn Cheng | CNBC Nio’s sleek and powerful electric vehicles have captured the attention of investors – and rival automakers – around the world, but they haven’t always been able to power past the supply-chain disruptions that have played havoc with the Chinese […]
Read More
Moderna wants to give FDA ‘flexibility’ in deciding eligibility for 4th Covid shot, CEO says
Moderna CEO Stephane Bancel told CNBC on Thursday the drugmaker wanted to provide U.S. regulators “flexibility” in determining eligibility for a fourth Covid vaccine dose. Moderna submitted its application last week for a so-called second booster, asking the Food and Drug Administration to clear the additional shot for all Americans ages 18 and up. The biotech […]
Read More
NATO boosts defenses in Europe, says it faces ‘gravest threat’ to its security in decades
Britain’s Prime Minister Boris Johnson, France’s President Emmanuel Macron and US President Joe Biden talk as they arrive at NATO Headquarters in Brussels, Belgium, March 24, 2022. Brendan Smialowski | Reuters NATO has agreed to strengthen its defenses in Europe in the face of Russia’s continuing aggression toward Ukraine. Speaking after an extraordinary summit of […]
Read More
Britain’s P&O Ferries broke the law in laying off 800 staff, boss admits
Three P&O Ferries, Spirit of Britain, Pride of Canterbury and Pride of Kent moor up in the cruise terminal at the Port of Dover in Kent as the company has suspended sailings ahead of a “major announcement” but insisted it is “not going into liquidation.” Gareth Fuller | PA Images | Getty Images The boss […]
Read More
Uber stock jumps on deal to offer New York City taxi rides in app
New York City yellow taxi cabs Getty Images Uber has reached an agreement to list New York City taxis on its app. Two taxi-hailing apps, operated by Curb and Creative Mobile Technologies, will integrate their software with Uber, allowing users to book taxi rides in the Uber app, the companies announced Thursday. Uber said it […]
Read More
Olive Garden parent’s earnings miss estimates, company lowers fiscal 2022 outlook
An Olive Garden restaurant in Times Square in New York. Richard Levine | Corbis | Getty Images Darden Restaurants on Thursday reported quarterly earnings and revenue that missed analysts’ expectations, saying the omicron variant of Covid-19 led to disappointing sales for its Olive Garden chain. The company also lowered its earnings outlook for fiscal 2022, expecting that […]
Read More
U.S. to sanction over 300 Russian elites and block Russian central bank gold
U.S. President Joe Biden announces new actions against Russia for its war in Ukraine, during remarks in the Roosevelt Room at the White House in Washington, U.S., March 8, 2022. Kevin Lamarque | Reuters The United States plans to sanction approximately 400 Russian individuals and entities, including more than 300 lawmakers from the Russian lower […]
Read More