Breaking News: Business
Unvaccinated infants were hospitalized with Covid more this summer than most age groups, CDC says
Infants too young for vaccination were hospitalized with Covid-19 more often than any age group other than the elderly during the omicron BA.5 wave over the summer, according to the Centers for Disease Control and Prevention. The CDC, in a report published Thursday, found that hospitalizations among infants younger than six months surged elevenfold from […]
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Cathie Wood’s Innovation ETF surges 13%, on keep track of for its most effective working day at any time
In this short article ARKK Comply with your most loved stocksGenerate Free ACCOUNT Catherine Wood, chief executive officer of ARK Expenditure Administration LLC, participates in a panel dialogue for the duration of the Milken Institute World-wide Meeting in Beverly Hills, California, Might 2, 2022. Lauren Justice | Bloomberg | Getty Visuals Cathie Wood’s flagship ARK Innovation ETF […]
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Carvana shares jump more than 30% from record lows
People try their luck at winning a car from the Carvana vending machine at SXSW festival in Austin, Texas on March 12, 2016. Michelle Castillo | CNBC Shares of Carvana jumped by as much as 32% Thursday morning – representing a small, yet notable, increase after a week of significant declines for the used car […]
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KFC apologizes after Kristallnacht promotion in Germany
A menu of a drive-in counter of a branch of the fast food chain Kentucky Fried Chicken (KFC). After severe setbacks in the Corona pandemic, Germany’s fast food industry wants to expand its drive-in car counters to keep customers in line. Rolf Vennenbernd | Picture Alliance | Getty Images KFC apologized this week for sending […]
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Keurig Dr Pepper CEO resigns after violating company’s code of conduct
The Keurig Dr Pepper logo is displayed on a smartphone screen. Rafael Henrique | Lightrocket | Getty Images Keurig Dr Pepper announced Thursday that CEO Ozan Dokmecioglu agreed to resign after violating the company’s code of conduct, less than four months into the job. The beverage giant said the violations were not related to the […]
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Thanksgiving flight bookings are down from 2019, but higher fares lift revenue, Adobe says
Chicago O’Hare International Airport. Nov. 9, 2022 Leslie Josephs | CNBC Consumers have booked fewer flights for Thanksgiving week than they did three years ago, before the Covid pandemic, according to Adobe data released Thursday. Domestic bookings are down 7% from the same point of 2019, but high fares have translated to a 3% increase […]
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‘Black Panther: Wakanda Forever’ aims to break box office records this weekend
Angela Bassett stars as Queen Ramonda in Marvel’s “Black Panther: Wakanda Forever.” Disney Long live the king. Disney’s latest entrant in the Marvel Cinematic Universe, “Black Panther: Wakanda Forever,” is on pace for a stellar theatrical debut this weekend, with box office analysts suggesting it could outpace the $185 million average forecast and top $200 […]
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Nio experiences sturdy third-quarter profits as it gears up for a massive year-close creation press
Employees stand subsequent to a ET7 sedan at a NIO Inc. dealership in Shanghai, China, on Wednesday, June 8, 2022. Qilai Shen | Bloomberg | Getty Images Chinese electrical automobile maker Nio on Thursday described a reduction of $577.9 million for the third quarter, considerably broader than a 12 months back, in spite of sturdy […]
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Beyond Meat reports wider-than-expected loss, falling revenue
Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City. Angela Weiss | AFP | Getty Images Beyond Meat on Wednesday reported a wider-than-expected loss for its third quarter as demand for its meat substitutes tumbled. CEO Ethan Brown called the results “disappointing” […]
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Rocket Lab studies file quarterly earnings, with extra agreement wins
An Electron rocket launches from the firm’s New Zealand facility on Nov. 4, 2022. Rocket Lab Rocket Lab shipped quarterly results on Wednesday that boasted file revenue, with the room company tacking on extra agreement wins across its small business. “This quarter recorded historic achievements for Rocket Lab,” CEO Peter Beck explained in a statement. […]
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