Updated May 4, 2021, 09:51am EDT Topline Pfizer and BioNTech, the manufacturers of one of the three authorized Covid-19 vaccines in the U.S., plan to file for full approval from the Food and Drug Administration by the end of May as they expect the vaccine to generate about $26 billion in revenue this year. Key…
Updated May 4, 2021, 10:49am EDT Topline The value of dogecoin, a cryptocurrency originally invented as a joke, surged to an all time high of over 50 cents Tuesday, a landmark as enthusiastic online traders continue efforts to push the digital currency towards $1. Key Facts At the time of writing, dogecoin was trading at…
AstraZeneca recently said it had no engineers to assist in the transfer of vaccine technology. The statement by the company’s CEO was made during a shareholder Q&A. It has drawn criticism from campaign groups and other industry observers. See more stories on Insider’s business page. Health industry observers and social justice groups have criticized recent…
Warren Buffett. REUTERS/Rick Wilking Warren Buffett’s Berkshire Hathaway sold stocks and reduced buybacks last quarter.The famed investor’s company cashed out a net $3.9 billion of equities.Berkshire also bought back $6.6 billion of stock, down from about $9 billion last quarter.See more stories on Insider’s business page.Warren Buffett’s Berkshire Hathaway was a net seller of stocks…
(Reuters) – The Nasdaq ended sharply lower on Tuesday as investors dumped megacap growth stocks to seek shelter in more defensive parts of the market, amid concerns on rising interest rate and uncertainty over an upcoming jobs report.Highly valued technology-related companies including Microsoft Corp, Alphabet Inc, Apple Inc, Amazon.com Inc and Facebook Inc sold off…
A sign of Ant Group is seen during the World Internet Conference in Wuzhen, Zhejiang province, China, Nov. 23, 2020. REUTERS/Aly Song/File PhotoU.S. asset manager Fidelity Investments has halved the valuation of its shares in Ant Group, the Chinese financial technology company at the centre of a major regulatory crackdown, the Wall Street Journal reported…
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ISTANBUL (Reuters) – “Turkey Unlimited. Now available without Turks,” reads a mock tourism advert on social media, poking fun at the sight of foreign tourists roaming quiet streets while most Turks are confined to home by a coronavirus lockdown.FILE PHOTO: A tourist poses for a souvenir photo outside the historic Suleymaniye Mosque in Istanbul, Turkey,…
Wall Street’s main indexes opened higher on Wednesday after megacap stocks bounced back from a steep selloff in the previous session, while a survey showed a solid rise in private jobs in April.The Dow Jones Industrial Average (.DJI) rose 30.96 points, or 0.09%, at the open to 34,163.99.The S&P 500 (.SPX) opened higher by 12.40…
2/2 © Reuters. Climate change migrants 2/2 By Valerie Volcovici WASHINGTON (Reuters) – The U.S. Senate overwhelmingly approved the first major infrastructure bill in this Congress that would authorize over $35 billion to upgrade the country’s drinking and wastewater systems, a rare bipartisan show of support as the lawmakers remain divided over other infrastructure investments.…
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