A day after unloading its self-driving vehicle unit, Uber Technologies Inc. Silicon Valley startup Joby Aviation said it would acquire Uber Elevate, and that Uber has agreed to invest 75 75 million as part of the deal. Joby told Uber UBR, -1.47% It had previously invested an undisclosed $ 50 …
Read More »The Dow lost momentum and ended the S&P 500 low in the last hour of trading on Thursday, as Pfizer said it would lower the rollout target for the COVID-19 vaccine.
Pfizer Inc. following a report in the US Street Journal. P.F.E., U.S. The stocks are mostly higher but are losing ground in the last hour of trading on Thursday. -1.74% It is expected to carry half of its original covid vaccine this year due to supply-chain problems, but still expects …
Read More »Come back to tech stocks and help drive the S&P 500’s growth toward the end of the year, the strategist said.
Investors in stocks can be forgiven for some of the fatigue that is appearing on Monday, the last day of what has been a blockbuster month for stocks. S&P 500 SPX, + 0.24% And Dow Industries DJIA, + 0.12% Down has been set for its best November since 1928, with …
Read More »According to the rest of the world, 9 things that Americans could not possibly live without
America is taking some hits from abroad. iStockphoto United States of America, free land and overweight, loud, evangelical, gun-loving warmen? The U.S., indeed, has a lot of jokes about our friends (and enemies) abroad. Let’s just say that the last few years have done little to stop the ridicule flowing …
Read More »Walt Disney 32,000 will be dispatched after being hit by the park virus
Walt Disney Co. plans to lay off 32,000 employees, primarily in its theme parks, as the coronavirus continues to hit the entertainment company’s businesses hard. Disney announced 28,000 job cuts in September and expects to terminate its employees’ contracts in the first half of fiscal year 2021. The company warned …
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