New York (CNN Business)Sandra Kunz wanted to keep working as a Walmart (WMT) cashier even as the coronavirus spread. Despite a lung condition, the 72-year-old in Aurora, Colorado, needed to get her paycheck, according to her sister, Paula Spellman. Her husband, Gus, was injured and out of work, and the […]
Walmart’s Q4 earnings fell short of Wall Street’s expectations, data showed on Thursday. The retailer said in a press release it expects sales growth to slow this year. Online sales rose 69% in the fourth quarter and its same-store sales in the US grew by 8.6%. Visit the Business section […]
If humanity can successfully mitigate climate change, "[i]t'll be the most amazing thing mankind has ever done," according to Bill Gates. It will take an "all-out effort, you know, like a world war, but it's us against greenhouse gases," Gates toldAnderson Cooper on Sunday's "60 Minutes" episode. Gates is relentlessly […]
Matteo Colombo/Getty Images Shares of Twilio rose 10% on Thursday after it reported higher-than-expected revenue and earnings for the fourth quarter. The San Francisco-based company posted adjusted earnings of 4 cents a share, higher than analysts’ estimates on Wednesday. Revenue leaped 65% to $548.1 million compared to the $454.8 million […]
United Airlines announced its plans to add Electric Aircraft taxis to its operation by fiscal 2026. The move is part of the airline’s broader effort to invest in emerging technologies that combat climate change and decarbonize air travel. The company is teaming with Archer Aviation, an air mobility company that […]
Seattle-based satellite imagery specialist BlackSky is the latest space venture that will soon begin trading publicly. BlackSky is merging with special purpose acquisition company Osprey Technology. Osprey's SPAC currently trades under the ticker SFTW. Seattle-based satellite imagery specialist BlackSky is the latest space venture that will soon begin trading publicly, […]
Mortgage and refinance rates have ticked up since last Thursday, but they remain at striking lows. You might want to think about getting a fixed-rate mortgage instead of an adjustable-rate mortgage if you’re ready to buy a home or refinance. Mat Ishbia, CEO of United Wholesale Mortgage, told Insider that fixed-rate mortgages are […]
This is an automated machine translation of an article published by Business Insider in a different language. Machine translations can generate errors or inaccuracies; we will continue the work to improve these translations. You can find the original version here. Car manufacturers are definitely jumping on the new mobility bandwagon. […]
Expanding U.S. tariffs of 25% to all trade with China could cost the U.S. $190 billion a year in GDP, according to a report released Wednesday by the U.S. Chamber of Commerce and Rhodium Group. If the U.S. is forced to sell half of its direct investments in China, that […]
Today’s Daily Dose brings you news about Nektar’s collaboration with Merck; Pfizer initiating a refractory multiple myeloma study; Processa Pharma’s strategic financing; and vTv Therapeutics’ initiation of a phase 1 multiple ascending dose study of HPP737. Read on… 1. Nektar Teams Up With Merck Nektar Therapeutics (NKTR) has entered into […]
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