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Category Archives: Uncategorized

JetBlue cuts forecast on shift to international travel, end of American Airlines partnership

JetBlue Airways slashed its 2023 outlook and warned of a potential loss in the current quarter.

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Walmart is bringing ads to an aisle near you as retailers chase new money-makers

Walmart is pushing into more in-store advertising to capitalize on its huge reach and chase growth in higher-margin businesses.

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Planet lays off about 10% of workforce as satellite imagery company restructures

Satellite-imagery and data-analysis company Planet is restructuring and laying off 117 employees, it announced on Tuesday.

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‘Barbenheimer’ is a billion-dollar win for the global box office

Both ‘Barbie’ and ‘Oppenheimer’ held tough at the domestic box office in their second weekends.

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Cannabis companies Cresco, Columbia call off $2 billion merger as industry awaits banking reform

The termination comes as the cannabis industry struggles to scale as it awaits crucial federal and banking reform.

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NIH to test Pfizer’s Paxlovid, other treatments as potential long Covid therapies

There is no proven treatment for long Covid-19, which can cause a range of debilitating symptoms in millions of Americans.

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The fight over a bill targeting credit card fees pits payment companies against retailers

Bipartisan support for the Credit Card Competition Act has surged since it was introduced last year.

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Johnson & Johnson effort to resolve talc cancer lawsuits in bankruptcy fails a second time

The decision jeopardizes J&J’s proposed $8.9 billion settlement that would stop new lawsuits over its talc baby powder and other products from being filed.

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New Covid vaccines are coming to the U.S. this fall, but uptake may be low — Here’s why

Pfizer, Moderna and Novavax are slated to deliver new single-strain Covid shots targeting the omicron subvariant XBB.1.5 in September.

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As Ford loses billions on EVs, the company embraces hybrids

Ford’s hybrid hype runs counter to recent messaging from the Detroit automakers, which have touted the performance and popularity of all-electric favorites.

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