Category Archives:
Peloton seeks buyers for minority stake – WSJ
(Reuters) - Fitness equipment maker Peloton Interactive Inc is exploring the sale of a sizable minority stake in the company, the Wall Street Journal reported on Thursday, citing people familiar with ...
May 05, 2022
U.S. limits use of J&J’s COVID-19 vaccine for adults on blood clot risks
(Reuters) - The U.S. Food and Drug Administration (FDA) said on Thursday it was limiting the use of Johnson & Johnson's COVID-19 vaccine for adults due to the risk of a rare blood clotting syndrome. T...
May 05, 2022
Foot Locker to focus more on Adidas as Nike lowers presence
(Reuters) - Foot Locker Inc is aiming to triple Adidas's sales of sneakers and other items at its stores, as it promotes the products of the German sportswear giant to counter Nike Inc's shrinking pre...
May 05, 2022
Virgin Galactic delays launch of commercial space flight service
(Reuters) - Virgin Galactic Holdings Inc will delay the launch of its commercial space flight service to the first quarter of 2023, the space tourism company said on Thursday, citing supply chain cris...
May 05, 2022
The Chernin Group leads $263 million investment in Funko
(Reuters) - The Chernin Group, an investment firm known for backing emerging media, commerce and technology industries, announced on Thursday that it will lead a consortium making a $263 million inves...
May 05, 2022
U.S. Chief Justice Roberts calls abortion draft leak ‘appalling’
By Rich McKay ATLANTA (Reuters) - U.S. Chief Justice John Roberts on Thursday decried as "absolutely appalling" the leak of a draft decision indicating the Supreme Court is poised to overturn the cons...
May 05, 2022
U.S. rains unlikely to help smallest Oklahoma wheat crop since 2014
CHICAGO (Reuters) - Rains this week in the U.S. Plains arrived too late to help much of the winter wheat in Oklahoma, the No. 2 U.S. producer of the grain, where farmers will soon begin harvesting the...
May 05, 2022
EOG Resources profit more than doubles, dividend raised on soaring oil prices
(Reuters) - U.S. shale producer EOG Resources Inc said on Thursday its first-quarter profit more than doubled and raised its dividend, as the Ukraine crisis pushed oil prices to multi-year highs. The ...
May 05, 2022
ARK Innovation Fund drops nearly 9% during market selloff
NEW YORK (Reuters) - Star stock picker Cathie Wood's ARK Innovation fund dropped nearly 9% on Thursday as concerns about rising inflation and slowing growth sent the benchmark S&P 500 down nearly 3.6%...
May 05, 2022
U.S. travel industry, airlines urge end to predeparture COVID-19 testing rule
WASHINGTON (Reuters) - Major airlines, business and travel groups and other companies urged the White House on Thursday to abandon COVID-19 pre-departure testing requirements for vaccinated internatio...
May 05, 2022
Thu May 14
Peoria, IL, USA
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