Pfizer’s Comirnaty, Paxlovid push Q2 sales to new heights
Sales of Pfizer’s COVID-19 vaccine and treatment in the second quarter propelled the pharmaceutical giant to the largest quarterly sales…
July 28, 2022
Fewer Americans applied for jobless benefits last week
WASHINGTON (AP) — Fewer Americans applied for jobless benefits last week, but the previous week’s number was revised upward significantly,…
Earnings, Commodities Boost Toronto Stocks
(Reuters) – Canada’s main stock index rose on Thursday, helped by a slew of strong quarterly results and a jump…
Watchdog head: Fines may not stop bad behavior by companies
NEW YORK (AP) — The head of the nation’s financial watchdog is having second thoughts about how useful fines are…
Altria’s $13B investment in Juul e-cigarettes vaporizes
WASHINGTON (AP) — Cigarette maker Altria’s $13 billion investment in the troubled vaping company Juul has gone up in smoke…
JetBlue is buying Spirit for $3.8 billion after bidding war
JetBlue Airways is buying Spirit Airlines for $3.8 billion in a deal that could increase competition at the top end…
Shell posts record earnings again as energy prices soar
LONDON (AP) — Shell posted record profits Thursday for a second straight quarter as the energy giant benefited from soaring…
US economy shrinks for a 2nd quarter, raising recession fear
WASHINGTON (AP) — The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9%…
JetBlue Wins Spirit Takeover Battle With $3.8 Billion Deal
(Reuters) -Spirit Airlines Inc on Thursday agreed to a $3.8 billion buyout offer from low-cost rival JetBlue Airways Corp, ending…
Shell Smashes Record Again With $11.5 Billion Profit
By Ron Bousso and Shadia Nasralla LONDON (Reuters) – Shell posted record results on Thursday, with a $11.5 billion second-quarter…