Business
Levi Strauss earnings top estimates as shoppers buy at higher prices, denim retailer reaffirms 2022 outlook
An employee holds a shopping bag while ringing up a customer at the Levi Strauss & Co. flagship store in San Francisco, March 18, 2019. David Paul Morris | Bloomberg | Getty Images Denim retailer Levi Strauss & Co. on Tuesday reported fiscal first-quarter earnings and revenue that topped analysts’ estimates as it sold more […]
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Walgreens expands its medical-care offerings in major California markets
Walgreens is opening more Health Corner locations through a deal with Blue Shield of California. At the dedicated spaces, it can provide medical care that’s billed to the insurer. Blue Shield of California At Walgreens stores in California, the drugstore chain is previewing how it plans to become a place where more customers go for […]
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After his Virgin Galactic spaceflight, Richard Branson now hopes to fly with Elon Musk’s SpaceX
Billionaire entrepreneur Richard Branson prepares to spray champagne after flying with a crew in Virgin Galactic’s passenger rocket plane VSS Unity to the edge of space at Spaceport America near Truth or Consequences, New Mexico, U.S., July 11, 2021. Joe Skipper | Reuters COLORADO SPRINGS, Colorado – Sir Richard Branson, less than a year after […]
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Stocks making the biggest moves midday: JetBlue, Eli Lilly, Occidental Petroleum and more
A JetBlue passenger jet (Embraer 190) taxis at LaGuardia Airport in New York, New York. Robert Alexander | Archive Photos | Getty Images Check out the companies making headlines in midday trading Wednesday. JetBlue — Shares of JetBlue fell another 7.6% on Wednesday, as investors weighed the airline’s $3.6 billion cash takeover offer to take […]
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Scientists divided on need for 4th Covid shot after FDA quietly approved another round of boosters
Cathy Dozal gets her second booster shot against COVID-19 from Vocational nursing student, Patricia Lizardo, at Long Beach City College in Long Beach on Wednesday, March 30, 2022. Brittany Murray | Medianews Group | Getty Images Leading U.S. scientists and physicians worry that the FDA and CDC are moving too fast in approving a fourth […]
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LinkedIn says Amazon is the top U.S. company to work for if you want career growth
Amazon fulfillment center in Eastvale, California on Tuesday, Aug. 31, 2021. MediaNews Group | The Riverside Press-Enterprise via Getty Images LinkedIn on Wednesday named Amazon the top U.S. company to work for if you’re seeking career growth. It’s the second year Amazon has topped the list. LinkedIn’s 2022 Top Companies list tracks seven pillars focused […]
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Porsche ups its investment in ‘e-fuels’ for the EV transition with a stake in a manufacturer in Chile
A Porsche 911 Carrera 4S stands in the evening light in a drive-in cinema on the circuit of the Leipzig Porsche factory. Jan Woitas | picture alliance via Getty Images DETROIT — Porsche is upping its investment in the development of climate-neutral “e-fuels” made to replace gasoline in traditional combustion engines. The German automaker, owned […]
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JetBlue is willing to shell out $3.6 billion for discount airline Spirit because it wants to take on bigger carriers
View of JetBlue planes at Terminal 5 of John F. Kennedy International Airport on May 12, 2020 in New York, NY. Pablo Monslave | Getty Images JetBlue on Wednesday said its $3.6 billion all-cash bid for ultra-low cost carrier Spirit Airlines would help it grow across the country and better compete against larger airlines. The […]
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5 things to know before the stock market opens Wednesday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures sink in what would add to Tuesday’s drop on Fed worries Traders on the floor of the NYSE, March 31, 2022. Source: NYSE U.S. stock futures dropped Wednesday as investors await more insight into what […]
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Synchrony Financial is a buy as macro fears are priced in, Piper Sandler says
Investors are failing to take note of positive trends, such as strong credit performance, from the credit card provider, analysts say. Source
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