After another strong quarter, CVS raises outlook for 2022
COVID-19 vaccines and tests for the virus continue to boost CVS Health and the health care giant raised its annual forecast after yet another strong…
AP Wire
Employers post record 11.5 million job openings in March
WASHINGTON — Employers posted a record 11.5 million job openings in March, meaning the United States now has an unprecedented two job openings for every…
Strong BP profit renews call for energy sector windfall tax
LONDON — BP posted its highest quarterly profit in more than a decade thanks to surging oil and gas prices, renewing calls for a U.K….
Change at the top at Biogen after struggles with Aduhelm
Biogen is looking for a new CEO less than a year after the launch of its Alzheimer’s drug largely fizzled. The company said today that…
Pfizer profit soars in first quarter, revises 2022 forecast
COVID-19 vaccine and treatment sales helped Pfizer breeze past Wall Street’s first-quarter expectations, as the drugmaker’s profit grew 61%. The coronavirus vaccine Comirnaty brought in…
Hong Kong economy shrinks 4% under anti-virus controls
HONG KONG — Hong Kong’s economy shrank by 4% compared with a year earlier in the quarter ending in March after the Chinese territory shut…
Fed to fight inflation with fastest rate hikes in decades
WASHINGTON — The Federal Reserve is poised this week to accelerate its most drastic steps in three decades to attack inflation by making it costlier…
Germany, India sign $10.5 billion green development deal
BERLIN — Germany and India signed a series of bilateral agreements today focused on sustainable development that will see the South Asian nation receive $10.5…
Late tech rally leaves Wall Street indexes modestly higher
Late tech rally leaves Wall Street indexes modestly higher NEW YORK — A late-afternoon turnaround led by technology stocks left major indexes moderately higher on…
Spirit still prefers bid from Frontier Airlines over JetBlue
Spirit Airlines’ board supports Frontier Airlines’ $2.9 billion takeover bid for the airline, saying it determined JetBlue’s competing $3.6 billion offer isn’t a superior proposal….