C&E Industry News Filter
- Stock Market
Biden signs into law $280 billion package for chips, scientific research — here’s what’s in it
After long pushing Congress for such legislation, President Joe Biden on Tuesday signed into law a bipartisan $280 billion bill…
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China closes Tibet’s Potala Palace over COVID outbreak, and Novavax stock is slammed by weak earnings and halving of sales guidance
Chinese authorities have closed Tibet’s Potala Palace after a small outbreak of COVID cases in the Himalayan autonomous region, the…
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Micron stock falls as company issues revenue warning amid ‘challenging’ memory conditions
Micron Technology Inc. shares were falling more than 4% in premarket trading Tuesday after the memory-chip company said that it…
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Munich Re 2Q Net Pft EUR768M
Muenchener Rueckversicherungs-Gesellschaft AG said Tuesday that profit and premiums in the second quarter beat expectations, though losses increased and the…
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Suddenly, stock-market investors are wrestling with ‘boomflation’ after hot July jobs report
The worry instead turned to what a rip-roaring labor market and surging costs for everything means for stocks and bond…
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Nvidia stock tumbles after company says revenue fell way shy of expectations
Shares of Nvidia Corp. were tumbling 7% in premarket trading Monday after the semiconductor company disclosed that it expects to…
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Official U.S. tally of new cases may be declining, but at-home testing obscures data; Novavax opens trial of vaccine for very young children
The daily average of new U.S. cases may have started to decline based on official numbers, but it’s unclear at…
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‘One of the strongest job markets in the past 50 years’: Looking for a pay raise? This jobs report has good news for you.
Will more jobs mean higher wages? The government’s latest jobs report showed the U.S. economy gained 528,000 jobs last month,…
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5 things we’ve learned from earnings season so far: How big an impact is inflation having?
More than 80% of the S&P 500 index’s companies have reported second-quarter results so far, and at least five key…
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WNBA star Brittney Griner sentenced to 9 years in Russian prison
KHIMKI, Russia (AP) — U.S. basketball star Brittney Griner was convicted Thursday in Russia of drug possession and sentenced to…
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