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Pfizer will submit full data on Covid treatment pill to the FDA in a few days, CEO says

Paxlovid is a Pfizer pill that fights the coronavirus (COVID-19). This undated handout photo was taken by Reuters November 16, 2021. via Reuters| Handout | via Reuters CNBC was told Wednesday by CEO Albert Bourla that Pfizer will provide all information on the Covid pill’s treatment to the Food and Drug Administration within the next […]

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Southwest Airlines says travel demand is improving, forecasts fourth quarter profit

OntheRunPhoto | iStock Editorial | Getty Images Southwest Airlines on Wednesday said it expects to be profitable in the fourth quarter, thanks to stronger-than-expected leisure travel demand despite the emergence of the omicron variant of Covid. Fourth-quarter revenue for the Dallas-based airline is forecast to drop 10%-15% from its previous period in 2019, which saw […]

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Stitch Fix shares fall, analyst says retailer has hit a ‘growth wall’

Stitch Fix Logo on smartphone. Arrangement in Hastings-on-Hudson New York U.S.A, Saturday June 5, 2021. Stitch Fix Inc. will release earnings on June 7. Getty Images| Bloomberg | Getty Images Stitch FixThe shares plunged by more than 27% Wednesday, as an analyst claimed that the company is running into “growth walls.” Online shopping and styling […]

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Beyond Meat taps Tyson Foods veterans as it prepares for fast-food growth next year

Available for purchase are boxes of Beyond Meat plant based burger patties. Paul Yeung | Bloomberg via Getty Images Beyond MeatHas hired two industry veterans. Tyson FoodsIt is looking for executives to fill its positions in preparation for major launches next year. Doug Ramsey will take over the position of chief operating officer. His three-decade […]

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5 things to know before the stock market opens Wednesday, Dec. 8

These are the top news, trends, and analyses that traders need in order to get started with trading. 1. Wall Street ready for another rally after Pfizer’s promise of omicron boosters to Pfizer New York Stock Exchange floor traders. Michael Nagle/Bloomberg via Getty Images U.S. stock futuresReversal higher on Wednesday and points to gains for […]

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3 themes to watch at CVS’ investor day

New York City’s Manhattan borough is home to a CVS Pharmacy. Shannon Stapleton | Reuters Customers have been attracted to vaccines and covid testing. CVS Health’s Stores during the pandemic. Investors will be presented by the company on Thursday about how they plan to utilize other services for health care to ensure that people keep […]

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Pfizer, BioNTech, Weber and others

Take a look at the top companies that made headlines long before the bell rang. Pfizer (PFE), BioNTech (BNTX) – The companies said studies showed that three doses of their Covid-19 vaccine neutralized the omicron variant, while two doses still offered protection. Pfizer, BioNTech and others said that they are still working on an omicron […]

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Pfizer says booster provides protection against omicron in initial lab study

An infant vaccine is administered by a vaccinator to treat COVID-19, a Pfizer BioNTech virus disease, in Lansdale (PA), U.S.A, December 5, 2021. Hannah Beier | Reuters On Wednesday, BioNTech and Pfizer announced that they have provided high levels of protection for Covid-19 with three doses each of their vaccine. Preliminary lab research shows that […]

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Meta offers deferral program to staff that aren’t ready to return

An employee picks up garbage in front a brand new logo, and the name “Meta” on the sign at Facebook Headquarters in Menlo Park on October 28, 2021. Justin Sullivan | Getty Images MetaFacebook, now a part of, announced that it would fully reopen the U.S. offices starting Jan. 31. Employees have the opportunity to […]

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Microsoft will change hiring practices after DOJ labor settlement

Satya Nadella (Microsoft CEO) and Herbert Diess (VW CEO), attended a session in the Volkswagen Digital Lab, Berlin on February 27, 2019. Abdulhamid Hosbas | Anadolu Agency | Getty Images MicrosoftAfter the U.S. Justice Department discovered that software manufacturer requesting more information about the citizenship status of job applicants, the company will be updating its […]