United States Treasury Secretary Janet Yellen stated on Wednesday that economic relief measures during the Biden administration may have contributed modestly to the nation’s inflation rise.In an interview on CNBC, the outgoing secretary acknowledged a possible link between pandemic...
The World Health Organization (WHO) has reiterated its appeal to China for data and access to determine the origins of COVID-19, calling it a "moral and scientific imperative." In a statement on Monday, the organization emphasized that transparency, sharing, and international cooperation are...
President Joe Biden took to Twitter on Friday to counter Donald Trump's claims during his speech at the Republican National Convention (RNC).
"I'm stuck at home with COVID, so I had the distinct misfortune of watching Donald Trump's speech to the RNC," Biden said before disputing Trump's...
Novavax shares skyrocketed 24% on Monday as the company reached a $350 million deal with Canada for forfeiting Covid vaccine doses that were previously scheduled for delivery.
The biotech firm said in filing that the move is part of an agreement inked on January 2021 and agreed by the...
Abbott Laboratories said on Wednesday its sales contracted by 12% in the fourth quarter of 2022 compared to the same period a year ago to reach $10 billion. Full-year sales for 2022 stood at $43.7 billion, up by 1.3% compared with 2021. According to Abbott, sales for the quarter were impacted by...
Johnson and Johnson (J&J) announced on Tuesday that its total sales in the fourth quarter of the year came in at $23.7 billion, down 4.4% compared to the same period in 2021. According to the financial report, the main reason for the negative result was the adverse foreign exchange and smaller...
Apple Inc. chip supplier Foxconn announced on Thursday that it will be ending strict isolation measures in its Zhengzhou factory which suffered under COVID-19 lockdowns.The world's largest contract electronics maker took to its WeChat account to announce that it will be lifting its so-called...
Apple's chip supplier Foxconn played a crucial role in influencing Beijing's decision to relax COVID-19 curbs that threatened to impair economic activity, according to a report published by the Wall Street Journal on Thursday.The paper noted that Foxconn's founder Terry Gou warned Chinese authorities...
Analysts at Morgan Stanley revised the estimated deliveries of the latest iPhone 14 down by another three million units in response to supplier issues related to China's COVID-19 restrictions.
Including the six million decreases projected by the same analysts last month, the US tech giant is now...
Tesla China denied on Monday reports that it plans to cut output at its Shanghai factory amid COVID-19.
Earlier, Bloomberg reported that the electric carmaker is planning to reduce the production of the Model Y in China by more than 20% in December, causing its shares to plummet in premarket...
This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.
