Shopping after COVID-19
Kimco Realty's (KR) visitor levels are back to the original pre-pandemic levels CEO Conor Flynn said on this Thursday.
"Traffic is back to what it was in 2019 and a...
Vaccine certification
British-Swedish pharmaceutical company AstraZeneca will continue to push for certification of its vaccine by the US Food and Drug Administration (FDA). The company's chief executive, Pascal Soriot,...
Strengthening the US economy
At the end of the meeting, the Fed reassured financial markets by stating its commitment to maintaining current policy and zero rates until substantial progress on inflation and employment. The Fed do...
Working remotely again
Twitter, which owns the social networking site of the same name, has temporarily closed two offices in the US after two weeks of abandoning remote working. A company spokesperson said in a statement on Wednesday.
"Twitter has...
E-commerce tech
Chief Executive Officer Doug McMillon is interested in expanding his company's revenue streams beyond its core retail business.
As early as Wednesday, small and medium-sized retailers will be able to buy technology that Walmart has ...
The rise of fraud
According to the Federal Trade Commission, losses to victims of fraud related to the Covid virus have risen above $500 million, as scammers defraud people using a variety of deception schemes ranging from online shopping, travel, e...
COVID-19 vaccine
The US administration has purchased a further 200 million doses of coronavirus vaccine from a US company and its German partner BioNTech. This was confirmed by White House press secretary Jennifer ...
Uber and Transplace
Uber Freight, which brings together carriers and shippers on its platform, has closed a deal to acquire leading international logistics technology solutions provider Transplace.
Uber (UBER) said today it has ...
Soda demand
PepsiCo Inc (NASDAQ:PEP) raised its earnings forecast for 2021 on Tuesday, betting on rising demand for carbonated drinks in cinemas, restaurants and stadiums as viewers return after the easing of ...
Vaccine effectiveness
BioNTech (NASDAQ:BNTX) and Pfizer (NYSE:PFE) shares weakened in Tuesday's premarket as a study in Israel found that in recent weeks their vaccine began to lose effectiveness in preventing the COVID-19 delta strain and the&...
COVID pandemic in the US
US federal authorities are sending medical teams to various parts of the country where new outbreaks of COVID-19 have recently been observed. This was reported by Bloomberg news agency on Thursday, citing administration offi...
Pandemic fighters' monument
The "Circle of Heroes" monument to pandemic fighters, protested by residents of Battery Park City, New York, will be relocated. It was announced by neighborhood leader George James Tsunis at a meeting that lasted several ...
Offices as a new source of income
Peloton shares could get a new round of growth as the fitness company, which benefited from the COVID-19 pandemic, now intends to turn a return to offices into its advantage rather than an obstacle.
Peloton (PTON) ...
Vaccination of Teenagers
Peru's Ministry of Health has authorised the use of a vaccine from the US pharmaceutical company Pfizer against coronavirus to immunise teenagers aged 12 years and older. This was announced on Monday by the head of the minis...
Increase in vaccine production
US company Moderna is building two new production lines, the launch of which will allow it to increase production of coronavirus vaccines by 50%, currently carried...
COVID in U.S.
US authorities predict that the US will not need a second lockdown due to the spread of an Indian mutation of a new coronavirus, the World Health Organization's new Delta strain. US President Joe Biden said this&nbs...
Falling on the premarket
Oracle shares fell 5.1% on the New York Stock Exchange's premarket after Oracle predicted its earnings for the current quarter would be below expectations as it ramps up investment in its cloud computing business to&nbs...
Vaccine approval application
Novavax will be another major international supplier of vaccines against COVID-19, as trials of its NVX-CoV2373 vaccine have shown an overall effectiveness of 90.4% with good tolerability. Novavax expects coronaviru...
Corporate tax
The G7 countries on Friday formally approved a global minimum corporate tax rate of 15 per cent. This means that multinational companies like Google, Facebook, Apple and others must pay this minimum tax in ...
Annual inflation
US inflation data for May showed a jump of 5% year-on-year, the highest since the summer of 2008 and worse than the 4.2% figure in April. That said, some economists be...
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