Breaking News: Business
WHO calls for probe into more than 200 Russian attacks on health facilities in Ukraine
CHERNIHIV, UKRAINE – MAY 09: A healthcare professional searches for medicines and medical equipment in a destroyed hospital as Russian attacks continue in Chernihiv, Ukraine on May 09, 2022. Patients are treated in additional buildings as health services are disrupted due to the destroyed hospitals. (Photo by Abdullah Unver/Anadolu Agency via Getty Images) Anadolu Agency […]
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Flight attendants’ union backs Spirit-Frontier merger, clearing labor hurdle
A Frontier Airlines airplane taxis past a Spirit Airlines aircraft at Indianapolis International Airport in Indianapolis, Indiana, on Monday, Feb. 7, 2022. Luke Sharrett | Bloomberg | Getty Images The union that represents flight attendants at Spirit Airlines and Frontier Airlines on Tuesday backed the carriers’ planned merger, clearing a labor hurdle among the biggest […]
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U.S. traffic deaths reached a 16-year high in 2021, according to government estimates
Investigators look over the scene of a crash between an SUV and a semi-truck full of gravel near Holtville, California on March 2, 2021. Patrick T. Fallon | AFP | Getty Images More people died on U.S. roadways last year than any year since 2005, according to new data released Tuesday by federal vehicle safety […]
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Citigroup shares jump 7% after Warren Buffett reveals a near $3 billion stake in the struggling bank
Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP The 91-year-old “Oracle of Omaha” scooped up Citi shares while they have been underperforming the rest of the financial sector in the past 12 months. The stock is down nearly 40% while the Financial Select Sector SPDR Fund is off by 12% over the […]
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FDA authorizes Pfizer Covid booster dose for kids ages 5 to 11 years old
A vaccinator draws a Pfizer-BioNTech coronavirus disease (COVID-19) pediatric vaccine in Lansdale, Pennsylvania, U.S., December 5, 2021. Hannah Beier | Reuters The Food and Drug Administration on Tuesday authorized a Pfizer booster dose for children ages 5 through 11 years old. Dr. Peter Marks, head of the FDA division responsible for vaccines, said vaccine effectiveness […]
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Paramount shares jump about 10% after Buffett’s Berkshire reveals new stake
In this photo illustration, Paramount+ (Paramount Plus) logo is seen on a smartphone against its website in the background. Pavlo Gonchar | SOPA Images | LightRocket | Getty Images Shares of Paramount Global jumped Tuesday after Warren Buffett’s Berkshire Hathaway revealed a new stake in the media company. The stock rallied 9.5% around 10:10 a.m. […]
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California’s gas average tops $6 per gallon as prices across the U.S. surge
High gas prices at stations in Garden Grove, California, on Monday, March 7, 2022. Jeff Gritchen | Medianews Group | Getty Images California’s state average for a gallon of gas has surged above $6, making fuel in the Golden State the most expensive across the U.S. The average price at the pump in California hit […]
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United Airlines says FAA has cleared 52 Boeing 777s to fly again after they were grounded for engine failure
A United Airlines Holdings Inc. Boeing 777-200 aircraft on the tarmac at San Francisco International Airport (SFO) in San Francisco, California, U.S., on Thursday, Oct. 15, 2020. David Paul Morris | Bloomberg | Getty Images United Airlines said Tuesday that the Federal Aviation Administration has cleared the path for the return of 52 Pratt & […]
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Walmart reports big earnings miss as higher costs, supply chain eat into profits
Walmart on Tuesday reported quarterly earnings that missed Wall Street’s expectations by a wide margin, as the nation’s largest retailer felt pressure from rising fuel costs and higher levels of inventory. Shares were down about 7% in premarket trading. The company raised its outlook for sales this year, saying it expects net sales to increase […]
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Home Depot raises full-year outlook after earnings beat, record first-quarter sales
Home Depot on Tuesday raised its full-year outlook after reporting strong quarterly earnings, fueled by the company’s strongest first-quarter sales on record. Shares of the company rose 4% in premarket trading. Here’s what Home Depot reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: $4.09 […]
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