business news
Tax credits vs. tax deductions: How they vary, and what to know ahead of you file
Clever Tax Setting up Tax credits vs. tax deductions: How they vary, and what to know in advance of you file Published Tue, Jan 31 20233:06 PM ESTUpdated Tue, Jan 31 20233:40 PM EST Greg Iacurci@GregIacurci Observe Live Supply
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Rep. George Santos says he would not serve on Property committees while investigations are ongoing
Embattled Republican Rep. George Santos will not provide on the two Residence committees to which he was assigned right until a slew of investigations into his campaign and personalized funds have concluded, he reported in a statement Tuesday. The freshman lawmaker explained he asked Property Speaker Kevin McCarthy, R-Calif., to temporarily recuse him from the […]
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The Covid pandemic drives Pfizer’s 2022 revenue to a record $100 billion
Empty vials of Pfizer-BioNTech coronavirus disease (COVID-19) children’s vaccines are pictured at Skippack Pharmacy in Schwenksville, Pennsylvania, U.S., May 19, 2022. Hannah Beier | Reuters The ongoing Covid-19 pandemic propelled pharmaceutical company Pfizer’s earnings to a record $100 billion last year, almost $57 billion of which was driven by its vaccine and antiviral pill Paxlovid, […]
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The end of the Covid health emergency won’t slow FDA clearance of shots and treatments
Vials and a medical syringe seen displayed in front of the Food and Drug Administration (FDA) of the United States logo. FDA finds the COVID-19 vaccine. Pavlo Gonchar | LightRocket | Getty Images The Food and Drug Administration on Tuesday said its emergency authorizations of Covid vaccines, tests and treatments will not be impacted by […]
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Jim Cramer’s Investing Club meeting Tuesday: Caterpillar, J&J, Humana
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. Opportunity to buy Caterpillar Confident in decision to buy Johnson & Johnson Why buy ahead of an overhang? 1. Opportunity to buy Caterpillar Shares of Caterpillar (CAT) were down 4.2% […]
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Pfizer expects 2023 sales to decline as much as 33% compared with record-breaking 2022
Vials containing the Pfizer/BioNtech vaccine against the coronavirus disease (COVID-19) are displayed before being used at a mobile vaccine clinic, in Valparaiso, Chile, January 3, 2022. Rodrigo Garrido | Reuters Pfizer on Tuesday issued sales guidance of $67 billion to $71 billion for 2023, a decline from its record-breaking 2022 results. The pharmaceutical company booked […]
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Stocks making the biggest moves premarket: McDonald’s, UPS, General Motors and more
In this article IP XOM GM CAT Follow your favorite stocksCREATE FREE ACCOUNT Nathan Stirk | Getty Images News | Getty Images Check out the companies making headlines before the bell. McDonald’s — Shares dipped more than 1% after McDonald’s reported its latest quarterly results. The fast food giant topped earnings and revenue estimates, saying […]
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Manhattan grand jury commences to hear proof in Trump hush funds case: report
Previous U.S. President Donald Trump speaks in the course of a marketing campaign cease to unveil his management crew, at the South Carolina State Property in Columbia, South Carolina, U.S., January 28, 2023. Shannon Stapleton | Reuters A Manhattan grand jury commenced hearing evidence Monday in a prison probe of a 2016 hush income payment […]
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Google’s ex-CEO Eric Schmidt tapped for federal biotech commission that allows members to keep biotech investments
On Dec. 30, leaders of the House and Senate Armed Services committees announced the selection of former Google CEO Eric Schmidt and 11 others to serve on a new federal commission on biotechnology. Tasked with reviewing the biotech industry and suggesting investments that would benefit U.S. security, the National Security Commission on Emerging Biotechnology is […]
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