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U.S. oil prices settle higher on hopes China will relax COVID curbs
U.S. oil futures settled higher Tuesday, finding support as signs China might loosen COVID-19 restrictions helped ease worries about energy…
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Nike stock drops 10% as execs predict cheaper clothing for at least the rest of the year
Shares of Nike Inc. plunged as much as 10% after hours Thursday, after the athletic-gear giant’s executives said price-cutting efforts…
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Nvidia unveils Lovelace gaming cards with a starting price of $899
Nvidia Corp. unveiled its next-generation chip architecture Tuesday during the keynote address of its GPU Technology Conference, but the chip…
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FDA panel reviews vaccines for children under 5, and WHO warns against pandemic complacency
A day after a panel of advisers to the Food and Drug Administration endorsed a second brand of COVID-19 vaccine…
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U.S. productivity falls at fastest pace since 1947 and unit-labor costs soar
The numbers: The productivity of American workers and businesses sank at an 7.5% annual pace in the first quarter —…
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How Gilead is positioning Veklury against COVID-19 antivirals like Paxlovid
Gilead Sciences Inc. GILD, -0.23% has steadily expanded the use of Veklury while much of the nation’s attention has shifted…
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Moderna seeks regulatory nod for COVID vaccine in very young children, and WHO reports second straight week with cases rising globally
Moderna Inc. will seek an emergency-use authorization from regulators in the U.S., Europe and elsewhere for its COVID-19 vaccine in…
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‘Barrels at any price.’ Relentless rally pushes oil prices past $110 as Russia-Ukraine war fuels panic
Oil prices surged past $110 a barrel to levels not seen since 2013 on Wednesday, as investors’ concerns mounted over…
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New global trial to review impact of reduced COVID-19 booster shots, as England drops all restrictions
A global clinical trial was launched Tuesday to investigate the impact of reduced COVID-19 booster shots, as opposed to full…
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