Tag Archives: Health care industry

Crypto is not replacing the U.S. dollar, Bitfury CEO Brian Brooks says

Crypto prices should be viewed more like internet stocks than currency, said Brian Brooks, the former U.S. Acting Comptroller of the Currency during the Trump Administration. The biggest misunderstanding around cryptocurrencies is that if they’re “not doing a great job of replacing the U.S. dollar, then crypto is failing in …

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Fraud trial against Elizabeth Holmes’ partner at Theranos nears end

SAN JOSE, Calif. — In a harshly worded closing argument, prosecutors on Tuesday said former Theranos COO Ramesh “Sunny” Balwani “wasn’t a victim, he was the perpetrator of fraud” in the company’s downfall, while his attorney blasted the government’s case calling it inconsistent. The closing statements capped a three-month-long trial …

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Biden calls Congress to pass Ukraine aid before new Covid funding

President Joe Biden urged Congress on Monday to quickly approve a multibillion-dollar aid package for Ukraine before trying to pass a new round of Covid-19 funding, warning that U.S. aid for that country’s fighters has nearly been exhausted. Biden’s new position marked a reversal from his insistence last month that …

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Covid Novavax (NVAX) Q1 2022 earnings

Novavax on Monday reported its first profitable quarter as its Covid vaccine rolls out across several countries around the world, though the company still missed earnings and revenue expectations. Novavax reported net income of $203 million in the first quarter, compared to a net loss of $222.7 million the same …

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U.S. will limit Covid vaccines to high-risk people this fall if Congress doesn’t approve more funding

The U.S. will have to limit the next generation of Covid vaccines this fall to individuals at the highest risk of getting seriously sick from the virus if Congress fails to approve funding to purchase the new shots, according to a senior Biden administration official. The official, who spoke on …

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5 things to know before the stock market opens Monday, May 9

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Nasdaq futures over drop 2% as stocks continue to sell off Traders on the floor of the NYSE, May 6, 2022. Source: NYSE The Nasdaq was poised to lead Wall Street lower …

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CDC investigating severe hepatitis in children

The Centers for Disease Control and Prevention is investigating 109 cases of severe hepatitis in children, including five deaths, to try to determine a cause with adenovirus infection as the primary line of inquiry, the public health agency said on Friday. More than 90% of the children were hospitalized and …

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5 things to know before the stock market opens Friday, May 6

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to drop after worst day for Dow, Nasdaq since 2020 A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York, May 5, …

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5 things to know before the stock market opens Thursday, May 5

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to drop after a strong Fed-driven relief rally A screen displays the Fed rate announcement as a trader works inside a post on the floor of the New York …

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New York City could bring back mask mandate, vaccine checks

Children are seen walking to school, on the first day of lifting the indoor mask mandate for DOE schools between K through 12, in Brooklyn, New York City, New York, U.S. March 7, 2022. Brendan McDermid | Reuters New York City could bring back mask mandates and proof of vaccination …

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