Business
Omicron BA.2 subvariant will soon dominate in U.S., but Fauci doesn’t expect another surge
Dr. Anthony Fauci speaks about the Omicron coronavirus variant during a press briefing at the White House in Washington, December 1, 2021. Kevin Lamarque | Reuters Omicron’s more contagious subvariant, BA.2, has more than doubled in prevalence over the past two weeks in the U.S. and now represents more than 34% of Covid-19 infections that […]
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Beyond Meat and PepsiCo launch meatless jerky as the first product under their partnership
PLANeT Partnership’s new meatless jerky alternative Source: Beyond Meat Beyond Meat and PepsiCo announced Wednesday they will launch meatless jerky as the first product under their PLANeT Partnership joint venture. The new product is rolling out to grocery stores this month in three flavors: original, hot and spicy, and teriyaki. Protein from peas and mung […]
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SpaceX raises prices for rocket launches and Starlink satellite internet as inflation hits raw materials
A Starlink logo of a satellite internet constellation being constructed by SpaceX is seen on a smartphone and a pc screen. Pavlo Gonchar | LightRocket | Getty Images WASHINGTON — SpaceX is raising prices across its products and services, including for rocket launches and Starlink satellite internet, citing “excessive levels of inflation.” The double-digit price […]
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Stocks making the biggest moves midday: GameStop, Adobe, General Mills and more
The General Mills logo is displayed on a box of Raisin Nut Bran cereal at Scotty’s Market on September 20, 2017 in San Rafael, California. Justin Sullivan | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Adobe — Shares for the computer software company tumbled 10% in midday […]
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Intel CEO says semiconductors are like oil — making more in U.S. can avoid global crises
Intel CEO Pat Gelsinger on Wednesday likened semiconductors to oil, suggesting that computer chips will play a central role in international relations in the decades ahead. “Oil reserves have defined geopolitics for the last five decades. Where the fabs [factories] are for a digital future is more important,” Gelsinger said in an interview on CNBC’s […]
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Petco CEO says company’s growth is inflation-proof, as Americans splurge on pets and bigger homes
A customer exits a Petco store in Clark, New Jersey. Ron Antonelli | Bloomberg | Getty Images Petco CEO Ron Coughlin on Wednesday said the specialty retailer has a key advantage in an uncertain environment: Americans spend on pets, even when their budgets tighten. At an investor day in New York City, he said the […]
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Apple now lets you load your driver’s license on your iPhone in Arizona
Apple iOS 15 will support storing a driver’s license in Apple Wallet. Apple IPhone owners in Arizona can now load their driver’s licenses or state ID into their iPhone’s wallet app, Apple announced on Wednesday. The digital ID will allow holders to pass through TSA checkpoints in Sky Harbor International Airport, in Arizona. The digital […]
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Stellantis, LG Energy Solution to invest $4.1 billion in Canadian EV battery plant
Chris Feuell, CEO of Chrysler brand of Stellantis, introduces the all-electric Chrysler Airflow Concept vehicle during a Stellantis press event at CES 2022 at the Las Vegas Convention Center on January 5, 2022 in Las Vegas, Nevada. Alex Wong | Getty Images DETROIT – Automaker Stellantis and LG Energy Solution will invest about $4.1 billion […]
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Alaska Airlines is trying to ease staffing shortage by offering flight attendants double pay to pick up shifts
A Boeing 737-990operated by Alaska Airlines takes off from JFK Airport on August 24, 2019 in the Queens borough of New York City. Bruce Bennett | Getty Images Alaska Airlines is offering flight attendants double pay to pick up extra trips this spring in hopes of avoiding staffing shortfalls ahead of an even bigger jump […]
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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 drop, a day after Wall Street had resumed its upswing Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, March 21, 2022. Brendan McDermid | Reuters 2. Moderna […]
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