Pharmaretailers, Walgreens Boots Alliance, Inc. (WBA), and CVS Health Corp. (CVS) are closing down stores as the number of cases keeps breaking records in the country. The chains have reported massive staff shortages in the wake of the omicron spread. Walgreen reported that the demand due to the...

intel 102121 14jan22 Semiconductor maker Intel Corporations (INTC) is planning to build a new plant in Columbus, Ohio. As per reports, the plant is going to be the biggest investment in the history of the state. The California-based giant is looking to invest around $20 billion for the project which will also result...

apple vr headset 011422 Tech giant Apple Inc. (AAPL) is planning to put of its highly awaited VR headset until the last quarter of 2022, according to a report by Bloomberg. Since the company has not publicly spoken about the product, there has never been an official launch date for the product but with virtual reality being...

elonmusk nov18 14jan22 Cryptocurrency Dogecoin's price jumped over 15% on Friday, but later lost some of the gains, after Tesla Inc. (TSLA) CEO Elon Musk announced that the luxury car maker will start accepting the meme cryptocurrency as payment for its merchandise. "Tesla merch buyable with Dogecoin," Musk tweeted on Friday. Dogecoin...

wallstreet2 14jan22 The major U.S. stock indexes fluctuated over the course of the trading day on Friday before ending the session mixed. While the Dow showed a notable move to the downside, the tech-heavy Nasdaq bounced off a three-month closing low.

wallstreet oct04 14jan22 Stocks have moved significantly lower over the course of the trading day on Friday, extending the sharp pullback seen in the previous session. The major averages have all slid firmly into negative territory, with the Dow showing a notable drop.

consumer sentiment 011422 Inflation concerns have contributed to a bigger than expected drop in U.S. consumer sentiment in the month of January, according to preliminary data released by the University of Michigan on Friday. The report showed the consumer sentiment index fell to 68.8 in January from 70.6 in December. Economist had expected the index to edge down to 70.0.

wallstreet oct24 14jan22 Stocks have moved mostly lower over the course of morning trading on Friday, extending the sharp pullback seen in the previous session. The Nasdaq and the S&P 500 briefly climbed into positive territory after seeing initial weakness but have since rejoined the Dow in the red.

business inventories 011422 A report released by the Commerce Department on Friday showed business inventories in the U.S. surged by more than expected in the month of November. The Commerce Department said business inventories shot up by 1.3 percent in November, matching the upwardly revised jump in October.

pentagon jan14 The Pentagon has announced that an additional 1,000 military personnel will be made available to help the Biden administration combat the nationwide Omicron-driven surge in the pandemic. During a meeting with the media Thursday, Pentagon Press Secretary John F. Kirby said that the first of an additional 1,000 active duty service members will be teamed up next week to deploy in civilian hospital

industrial production 011422 Partly reflecting a sharp pullback in utilities output, the Federal Reserve released a report on Friday unexpectedly showing a modest decrease in U.S. industrial production in the month of December. The Fed said industrial production edged down by 0.1 percent in December after climbing by an upwardly revised 0.7 percent in November.

uscoronavirus jan14 For the first time since the outbreak of the pandemic in the United States, the weekly average of Covid-positive cases has crossed the 800,000 mark. An average of 803,736 people have been tested positive in the country, marking an increase of 133 percent in the past fortnight, according to data compiled by the New York Times.

import price2 011422 Import prices in the U.S. unexpectedly showed a modest decrease in the month of December, according to a report released by the Labor Department on Friday. The Labor Department said import prices edged down by 0.2 percent in December after climbing by 0.7 percent in November. The dip surprised economists, who had expected import prices to rise by 0.3 percent.

bbtv 011422 Canadian media and technology company BroadbandTV or BBTV, has launched a new payment solution called "Pay to Crypto" that will enable content creators to receive their earnings in popular cryprocurrencies such as Bitcoin.

retail sales 011422 A report released by the Commerce Department on Friday unexpectedly showed a steep drop in U.S. retail sales in the month of December. The Commerce Department said retail sales tumbled by 1.9 percent in December after edging up by a revised 0.2 percent in November.

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