Moderna combination Covid, flu vaccine shows positive data
Moderna combination Covid, flu vaccine shows positive data
on Wednesday said its targeting Covid and the flu will move to a final stage trial in adults ages 50 and above this year after showing positive results in an early to mid-stage study. The biotech company hopes its shot, mRNA-1083, can win a...
2023-10-05 10:51:32
Mortgage demand falls to lowest level since 1996
Mortgage demand falls to lowest level since 1996
Mortgage rates just continue to climb higher, taking a particularly big leap last week. As a result, total mortgage demand fell 6% compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. T...
2023-10-05 10:51:26
Ford new vehicle sales up in Q3, led by pickup trucks
Ford new vehicle sales up in Q3, led by pickup trucks
DETROIT – third-quarter U.S. new vehicle sales increased 7.7% compared with a year earlier, led by higher sales of traditional pickup trucks across its lineup. The Detroit automaker on Wednesday reported a 15.3% increase in truck sales co...
2023-10-05 10:51:21
GM secures new $6 billion credit line as UAW strike costs $200 million
GM secures new $6 billion credit line as UAW strike costs $200 million
"It's clear that there is no real intent to get to an agreement," Barra said in an emailed night. "It is clear Shawn Fain wants to make history for himself, but it can't be to the detriment of our represented team members and the industry."...
2023-10-05 10:51:15
Disney discounting child tickets at domestic parks
Disney discounting child tickets at domestic parks
It's about to be cheaper for families to visit domestic theme parks. The Walt Disney Company on Wednesday announced new, limited time discounts on children's tickets at Disneyland and Disney World. Starting Oct. 24, parents can purchase chi...
2023-10-05 10:51:10
Tilray Brands' revenue jumps, losses narrow
Tilray Brands' revenue jumps, losses narrow
On an earnings call Wednesday, CEO Irwin Simon said the company's recent beverage mergers and acquisitions will accelerate growth and expand the company's footprint beyond its recreational cannabis business as the drug remains illegal in ke...
2023-10-05 10:51:04
Clorox says sales and profit took a big hit from cyberattack
Clorox says sales and profit took a big hit from cyberattack
on Wednesday warned that its sales and profit took a big hit during the quarter ending Sept. 30, largely due to the after effects of a cyberattack that significantly affected operations. The bleach and cleaning products maker said it expect...
2023-10-05 10:50:58
Popeyes overtakes KFC as No. 2 chicken chain, Chick-fil-A stays on top
Popeyes overtakes KFC as No. 2 chicken chain, Chick-fil-A stays on top
Popeyes has overtaken KFC as the No. 2 chicken chain in the U.S., a decade after Chick-fil-A first unseated KFC from the top spot. Chicken chains' battle for stomachs — and dollars — has become more aggressive in recent years. Chick-fil...
2023-10-05 10:50:53
Toys R Us to open new U.S. stores, and airport and cruise ship shops
Toys R Us to open new U.S. stores, and airport and cruise ship shops
Toys R Us is plotting a bold comeback in the U.S., as it plans to expand its brick-and-mortar presence with as many as 24 new flagship stores and a separate rollout at airports and on cruise ships starting this holiday season. The toy retai...
2023-10-03 22:31:21
Citigroup CEO sees cracks emerging among consumers
Citigroup CEO sees cracks emerging among consumers
In this article Lower-end consumers have shifted buying patterns to save money as their bank accounts dwindle in size, according to CEO . The third-largest U.S. bank by assets has been monitoring its credit card customers for signs of distr...
2023-10-03 22:31:15
Obesity pill data boosts Structure Therapeutics shares
Obesity pill data boosts Structure Therapeutics shares
Shares of rose more than 30% on Friday after the biotech startup's experimental succeeded in a small early-stage trial. The once-daily drug helped overweight or obese participants reduce up to 10 pounds of weight on average after four weeks...
2023-10-03 22:31:10
JetBlue raises flight attendant pay, union backs Spirit merger
JetBlue raises flight attendant pay, union backs Spirit merger
said it will raise flight attendant pay next year and provide other bonuses to staff while the union representing cabin crews agreed to support the carrier's plan to acquire budget carrier . Starting in November, flight attendants will get...
2023-10-03 22:31:05
UAW announces new strikes at GM and Ford plants, sparing Stellantis
UAW announces new strikes at GM and Ford plants, sparing Stellantis
Fain previously said the union would increase the work stoppages, based on progress in the contract negotiations. The talks have from both sides of the bargaining table. Before the Friday announcement, GM and Stellantis in particular had gr...
2023-10-03 22:30:59
United Airlines pilots approve contract with up to 40% raises
United Airlines pilots approve contract with up to 40% raises
pilots approved a new contract with compensation increases of as much as 40.2% over the four-year contract, making the carrier the last of the three largest U.S. airlines to seal a deal with its aviators during an industry shortage. The dea...
2023-10-03 22:30:54
<b>Blue Apron to be acquired by Wonder Group for $103 million</b>
Blue Apron to be acquired by Wonder Group for $103 million
Meal kit business Friday it has agreed to sell itself to food and restaurant company Wonder Group, founded by entrepreneur Marc Lore, for $103 million. The deal, at $13 per share, represents a significant premium from Blue Apron's per-share...
2023-10-03 22:30:49