(Reuters) - Advisers to the U.S. Food and Drug Administration on Wednesday unanimously voted in favor of recommending that COVID-19 vaccines for 2024-25 should target a strain within the lineage of the JN.1 variant that have been dominant this year.
(Reporting by Leroy Leo and Christy Santhosh in Bengaluru; Editing by Maju Samuel)
Loblaw Cos. Ltd. and its parent company George Weston Ltd. say they have agreed to pay $500 million to settle a pair of class-action lawsuits regarding their involvement in an alleged bread price-fixing scheme.
Retirement means different things to different people. For some, it means working a traditional career path until they're in their mid-60s -- right around the time when they can start collecting their...
DETROIT (AP) — Investors are punishing automakers' stocks this week after second-quarter earnings reports exposed industrywide issues of slowing sales and high prices, just as the companies are having to spend huge sums to make new electric and gas vehicles.
Scotiabank says a “technical issue” has left some customers’ payments, including direct deposits, not being put into their accounts. “We are currently experiencing a technical issue where some of our clients’ inbound payments, including direct deposits and cheque deposits, are not being applied to their accounts,” the bank said in a social media post shortly after 10 a.m. Eastern.
The Nova Scotia government is seeking more than $900,000 from the directors of a defunct fuel and heating oil company for taxes that were collected from customers in the years before it went bankrupt but which were never turned over to the province.The provincial fuel tax issue is adding to the catalogue of financial woes faced by Maritime Fuels that have trickled out since it abruptly closed down last fall, owing more than $51 million to creditors, including $2.5 million to customers who prepai
MILAN (AP) — Stellantis CEO Carlos Tavares pledged action to tackle problems in North America and elsewhere Thursday after reporting a plunge in first-half earnings.
Apple has fallen out of the top 5 ranking of smartphone vendors in China, according to data trackers, marking the first time in years the iPhone maker has fallen so low in one of its most important markets. iPhone shipments in China in the three months ended June declined 2 per cent year on year, bumping Apple down to No 6 on Canalys' list of top vendors by shipments, putting it behind Vivo, Oppo, Honor, Huawei Technologies and Xiaomi, according to a report from the market research firm on Thurs
The profit-reporting season for oil and gas companies started out in a downbeat mood, but things could be starting to shift.
(Bloomberg) -- China’s electric carmakers are expanding in Europe to blunt the impact of tariffs meant to weaken their price advantage over the region’s ailing legacy manufacturers.Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisParis Sticks to Olympics Opening Event Plans After Rail SabotageFed’s Favored Price Gauge Rises at Mild Pace, Spending Holds UpHarris Just Showed Why Trump Is So Afraid of HerGreat Rotation Trade Sees Investors Dump AI Giants for L
BEIJING (Reuters) -Apple's smartphone shipments in China fell by 6.7% in the second quarter of 2024, as the tech giant faced intensifying competition from rivals like Huawei, according to data from market research firm Canalys. Apple's total shipments for the quarter ending in June stood at 9.7 million units, down from 10.4 million units in the same quarter last year, Canalys data shows. In contrast, Huawei's smartphone shipments surged 41% year-on-year to 10.6 milion in the quarter, bolstered by the launch of its new Pura 70 series in April.
A court case could soon settle a spicy dispute: Who invented Flamin' Hot Cheetos? A former PepsiCo executive is suing the company, saying it destroyed his career after questioning his claim that he invented the popular flavor of Cheetos snacks. PepsiCo said Thursday it has no comment on the lawsuit, which was filed July 18 in California Superior Court.
(Bloomberg) -- Signs that equity investors are getting cold feet over the rapid advances in artificial intelligence leaders have put a spotlight on some less obvious beneficiaries of the technology boom.Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisParis Sticks to Olympics Opening Event Plans After Rail SabotageFed’s Favored Price Gauge Rises at Mild Pace, Spending Holds UpHarris Just Showed Why Trump Is So Afraid of HerUS Accuses Famed Short-Seller Andr
BANGKOK (AP) — Shares were mostly higher in Asia on Friday, with major markets apart from Shanghai and Taiwan logging modest gains.
The world's largest air show fizzled out on Thursday with a solid new Saudi jetliner order unable to dispel the gloom over recent problems in producing planes fast enough to meet demand. Britain's Farnborough Airshow opened earlier this week amid alarm signals from airlines over falling yields or average fares. Airbus and Boeing posted about 40 firm orders - a fraction of recent years - and were roughly level depending on whether Qatar Airways' decision to come forward as the previously unnamed buyer for an existing Boeing order was counted.
Loblaw Cos. Ltd. and its parent company George Weston Ltd. say they have agreed to pay $500-million to settle a class-action lawsuit regarding their involvement in an alleged bread price-fixing scheme. The class-action case was brought against a group of companies that includes Loblaw and the Weston companies, Metro, Walmart Canada, Giant Tiger and Sobeys owner Empire Co. Ltd. This comes as Loblaw reported its second-quarter profit decreased compared with a year ago amid a month-long national boycott of the company. Anne Gaviola has more on the class action case and whether or not the May boycott made a significant dent in the grocery giant’s bottom line.
Over the past year, the Indian stock market has shown robust growth with a 43% increase, despite a recent 2.0% drop over the last seven days. In this context of anticipated earnings growth of 16% annually, dividend stocks can be particularly appealing for investors seeking both stability and potential income in a dynamic market environment.
NEW ORLEANS (AP) — A New Orleans woman once accused of stalking by Mayor LaToya Cantrell turned the tables Friday with a $1 million-plus federal lawsuit accusing Cantrell, her chief of staff and eight members of the city police department of civil rights violations and defamation.
A tech employee told BI why they're quiet quitting at work, and how they secretly spent a month in Italy without telling their company.
A new report from the Canadian Institute for Health Information has found Ontario now has the lowest ratio of registered nurses in the country. Data shows the province's shortage continues to worsen, dropping to only 651 registered nurses per 100-thousand people. Katherine Ward has this story and more in Health Matters for July 26, 2024.
TOKYO (Reuters) -Japan's Toyota Motor plans to build a battery plant for electric vehicles in the southwestern prefecture of Fukuoka and supply its batteries to a factory that makes luxury Lexus brand cars, the Nikkei business daily reported on Friday. The world's top-selling automaker would seek to make the island of Kyushu where Fukuoka is located a central part of its supply chain for battery-powered vehicles and an export base for Asia, the newspaper said. A Toyota spokesperson said the company was aware of the report, but that it was not something it had announced.
