Xerox CEO Visentin passes away
Xerox Holdings Corp. on Wednesday announced the death of Chief Executive John Visentin "due to complications from an ongoing illness." Steve Bandrowczak, Xerox's president and...
U.S. to pay $3.2 billion to Pfizer, BioNTech for more COVID-19 vaccines for fall
Pfizer Inc. and BioNTech SE said late Wednesday they have inked a new agreement with the U.S. government to supply 105 million doses of their...
Coronavirus tally: Daily Hospitalizations and deaths rise to multi-month highs, cases hold steady above 100K
Just as COVID-19-related hospitalizations and deaths are starting to break out to new multi-month highs, the U.S. Food and Drug Administration recommended on Tuesday that...
EBay stock downgraded as UBS worries about potential recession impacts on e-commerce
Shares of eBay Inc. were falling 2.5% in Tuesday morning trading after UBS analyst Kunal Madhukar downgraded the stock to neutral from buy, writing of...
J&J does not plan to update its COVID-19 vaccine
Johnson & Johnson does not plan to update its COVID-19 vaccine, though other vaccine makers like Moderna Inc. , BioNTech SE and Pfizer Inc. ,...
Gold settles at its lowest price in nearly 2 weeks
Gold futures fell on Tuesday, posting back-to-back losses to mark their lowest settlement in nearly two weeks. "It's not surprising that gold continues to struggle...
Amazon stock falls again after price target cut by 20% at UBS
Shares of Amazon.com Inc. slumped 4.8% in afternoon trading Tuesday, adding to Monday's 2.8% drop, after UBS analyst Lloyd Walmsley cut his stock price target...
Oil gains for a third straight session, with U.S. prices at their highest since mid-June
Oil futures finished higher for a third consecutive session on Tuesday, with the U.S. crude benchmark settling at its highest price since mid-June. "The easing...
Top 5 U.S. companies losing a total of $260 billion in market cap, led by Apple and Amazon
Shares of the top-five largest U.S. companies by market capitalization are all falling more than the broader stock market, as the stocks of Amazon.com Inc....