Text size US stocks rose slightly in pre-trade, as investors worried about rising tensions between the US and China, as well as cases of coronaviruses continuing to rise in what appears to be a stereotypical summer. on Friday. Dow Jones Industrial Average futures were up 75 points, or 0.3%. S&P …
Read More »Netflix Shares Fall As Covid Subscriber Slowly Rises
Shares of the video streaming giant are trading sharply lower after hours on Thursday amid signs that the company’s Covid-19-fueled growth is coming to an end. In the June quarter of Thursday, Netflix added 10.1 million new net subscribers, above the company’s forecast of 7.5 million, but fell short of …
Read More »Can old vaccine technology end the Covid-19 pandemic?
Text size Mladen Antonov / AFP / Getty Images As the new coronavirus pandemic continues in the U.S., people yearn for a victory after Washington’s spectacular failures to secure adequate supplies of test kits and personal protective equipment. Success depends on whether any of the candidates for the fast-track Covid-19 …
Read More »The new Virgin Galactic CEO made a Star Wars attraction at Disney. Wall Street is stumped.
Text size George Whitesides, left, will become Virgin Galactic’s chief space officer. Michael Colglazier takes over as CEO. Courtesy of Virgin Galactic. Shares of Virgin Galactic, a pioneer of space tourism, shot up after the company named a new CEO. He comes from Disney and the former CEO stays. The …
Read More »American Airlines and JetBlue are teaming up. Is it a fusion in the works?
Text size The two airlines plan to code share flights and integrate some of their networks. Bloomberg (2) JetBlue Airways and American Airlines Group are forming an alliance in which they plan to share flight codes and integrate some of their networks. It could be a sign of industry consolidation …
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