[ad_1] President Biden canceled a trip to a vaccine manufacturer on Wednesday after a scathing report said company lobbying left the federal stockpile of medical supplies unprepared for the COVID-19 pandemic. Biden was scheduled to visit a Baltimore facility operated by Emergent BioSolutions, but he canceled the trip following Sunday’s report. “We just felt [the … Read more
[ad_1] Warren Buffett. REUTERS / Rick Wilking Warren Buffett’s Berkshire Hathaway racked up a $ 1.2 billion gain on his Chevron investment in less than 10 weeks. The investor’s famous company had a 2.5% stake in the $ 4.1 billion oil and gas group at the end of December, it revealed in a regulatory filing … Read more
[ad_1] Stocks mostly rose, and Treasury yields rose again on Monday morning after Congress moved towards adopting another major COVID-19 relief package. The S&P 500 and the Dow each advanced, with the latter adding more than 200 points, or 0.9%, during the intraday session. The Nasdaq reversed earlier losses to trade higher, stabilizing after the … Read more
[ad_1] A man talks by his phone outside GameStop at 6th Avenue on February 25, 2021 in New York City. John Smith | Corbis News | Getty Images GameStop shares jumped 11% in pre-market trading after the company announced Monday that it had brought in Chewy co-founder Ryan Cohen to lead its transition to e-commerce. … Read more
[ad_1] © Reuters. A man displays US dollar banknotes after withdrawing money from a bank in Harare By Saikat Chatterjee LONDON Reuters) – The US dollar hit a 3-1 / 2-month high on Monday as rising US Treasury yields scared investors and increased the appeal of the greenback’s safe havens. After falling 4% in the … Read more
[ad_1] Chinese manufacturer of electric vehicles Xpeng (XPEV) on Monday reported mixed fourth-quarter estimates, a week after rival Nio (NIO) issued a mixed report and warned of the global chip shortage. Xpeng stock fell sharply early Monday, with Nio, Li Auto (LI) and You’re here (TSLA). X Xpeng Revenue Report Estimates: Wall Street expects a … Read more
[ad_1] European stocks rose on Monday as US tech equity futures collapsed, with bond yields nearing one-year highs as the world’s largest economy was poised to add 1, $ 9 trillion in stimulus. The US Senate passed its version of the $ 1.9 trillion stimulus package this weekend, sending it back to the US House … Read more
[ad_1] Mayor Eric Garcetti announced on Sunday that the city’s vaccination sites will increase first-dose appointments this week, administering a total of 88,000 injections at seven permanent sites and eight mobile clinics. “Vaccines are our ticket to ending the pandemic, saving lives, rebuilding our communities and giving hope for a healthier future,” Garcetti said. “We … Read more
[ad_1] “Morons”, a work now symbolized by legendary street artist Banksy, sold for over $ 394,000 on the Open Sea NFT marketplace. What happened: The coin – burnt by an anonymous group of cryptocurrency enthusiasts last week – was auctioned for 228.69. ethers (CRYPTO: ETH), which at press time was trading at $ 1,724. Injective … Read more
[ad_1] (Bloomberg) – Bhavish Aggarwal examines the empty 500-acre expanse surrounded by neon-painted houses, tiny shrines and mango trees. High-level founder Ola hopes to erect the world’s largest electric scooter factory on this vacant lot on the outskirts of Bangalore within the next 12 weeks, producing around 2 million per year – a benchmark for … Read more