News of New York

Stocks and oil falls over Omicron fears
30 November 2021
3852
Market against new COVID US stocks are set for a bout of volatility, with equity futures pointing to a lower opening ahead of testimony from Federal Reserve Chairman Jerome Powell and growing concerns over the omicron option. Dow Jones Industrial f...
Fed says new COVID Omicron strain threatens economic recovery
30 November 2021
3907
New strain and the economy US stock indices fell before the opening of trading on Tuesday after Fed Chairman Jerome Powell said risks to the economy, the labour market and inflation could become more difficult with...
Vaccine manufacturers report readiness to fight new COVID strain Omicron
29 November 2021
3828
Fighting a new strain The stock market recovered slightly at the premarket on Monday after a sharp fall on Friday when the World Health Organisation (WHO) said that the new COVID-19 strain first identified in South Africa was a "strain of concern". ...
Stock market plunges after reports of dangerous new COVID strain from South Africa
27 November 2021
3996
Coronavirus and stock markets Stock markets in the US and Asia fell sharply on Friday amid reports of a dangerous new strain of COVID from South Africa, with cases of infection detected in Hong Kong. Countries are closing air borders and WHO will ho...
Pfizer and Moderna get FDA approval for their COVID-19 booster vaccines
22 November 2021
4028
Booster vaccines The FDA and CDC in the US on Friday approved Pfizer (PFE)/BioNTech (BNTX) and Moderna (MRNA) booster vaccines against COVID-19 for all adults in the US. Revaccination with J&...
Pfizer gets $5.29bn government contract to supply US with Covid-19 pills
19 November 2021
4340
Government contract for Pfizer Shares in Pfizer (PFE) have risen amid reports that the US government has ordered 10 million courses of treatment with its Pfizer Paxlovid tablets for COVID-19. President Joe Biden said o...
Moderna shares down 35% from last week's report
13 November 2021
4235
Shares have fallen Moderna (MRNA) shares have lost most of their growth since the start of 2021, last week's financial report was significantly worse than market analysts' forecasts and confirmed the fears of many investors. Moderna (MRNA)'s share ...
Pfizer shares up 11%
8 November 2021
3722
The COVID pill Shares of Pfizer (PFE) jumped sharply Friday, following the release of stronger efficacy results for its COVID-19 pill compared to its Merck (MRK) counterpart. Shares of other coronavirus drug makers as well as vaccine makers fell. He...
Pfizer raised its sales forecast for 2021 during its financial report
3 November 2021
3988
2021 outlook Pfizer (PFE) shares rose sharply by 4% on Tuesday after the company beat analysts' Q3 revenue and earnings estimates and raised its sales forecast for 2021. Pfizer investors are encouraged by expected sales of booster doses of COVID-19 ...
U.S. sends 1.5 million doses of COVID-19 vaccine to Taiwan
31 October 2021
4273
The American vaccine The United States sent Taiwan 1.5 million doses of the COVID-19 vaccine produced by Moderna. This was announced on Sunday by Ned Price, head of the State Department's press office, on Twitter. ...
US companies believe buyers will continue to pay higher prices
25 October 2021
5289
Price increases in shops Some of the world's leading companies are betting that consumers will continue to pay more for products like coffee or toilet paper. Major companies such as Procter Gamble, Nestle and Verizon Communications plan to increase...
Johnson & Johnson reports $502m sales of Covid vaccine in third quarter report
19 October 2021
3758
Vaccine sales J&J Company (JNJ) reported its financial results for the third quarter of 2021 earnings per share exceeded market analysts' forecasts, but revenues fell short of estimates. Sales of COVID-19 vaccines t...
Comic-Con returns to New York
9 October 2021
4260
Comic-Con is back Fans of comic books and superhero movies returned to the Javits Center in New York on Thursday. Comic-Con, which was a virtual event due to the Covid virus last year, has returned to the Big Apple once again. Participants expresse...
Number of new jobs in the US in September well below expectations
9 October 2021
4030
US jobs below expectations The US economy added a record low number of new jobs outside agriculture in September since the start of 2021, with the unemployment rate falling t...
Global business expects a rise in bankruptcies in 2022
7 October 2021
3757
Global business According to a recent study by Euler Hermes, the number of global business failures will increase by 15% by 2022, when government support programs will end in a pandemic. Companies in these countries will be the hardest hit. Despite...
FAA reveals statistics on undisciplined passengers
7 October 2021
3919
Unruly people on board aircraft Despite the threat of tens of thousands of dollars of fines, groups of passengers acting erratically during flights, according to the FAA. The latest FAA data was 7.1 reported incidents per 1...
Palantir shares jumped 13.7% on news of an $823m contract with the US Army
6 October 2021
3562
The reason for the rise in the company's shares The share price of Palantir (PLTR) rose sharply after Tuesday's close after the company won a multi-year contract worth 823 million from the US Army. The Palantir Gotham platfo...
CVS and Walgreens administering COVID-19 booster shots
28 September 2021
5927
Booster vaccines CVS and Walgreens pharmacies across the country are administering Pfizer's COVID-19 vaccine boosters to millions of eligible Americans who are most at risk of contracting the virus. About 6,000 CVS pharmacies and MinuteClinic acros...
Apple Wallet will soon allow users to add a COVID-19 vaccination card
26 September 2021
3609
Vaccination card in Wallet Apple, Inc. has decided to distribute digital copies of covid-19 vaccination cards to Apple's Wallet app for users to send to businesses and locations. In a statement released Tuesday, the company&...
Homebuilders raising the alarm on the supply chain
22 September 2021
3951
Supply disruptions America's biggest housebuilders warn that supply chain disruptions caused by COVID-19 are not going away any time soon. Both DR Horton Inc. and Lennar Corp., two of the biggest homebuilders in the US by market capitalisation, sai...
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