Airlines Are Posting Big Profits After Raising Fares, Cutting Costs
BusinessRecovery takes hold as travelers take advantage of reopened borders Source link
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Moderna’s Earnings, Revenue Fall on Fewer Covid Vaccine Sales
Demand for its Covid-19 vaccine sank from year-earlier highs when the spread of the Omicron variant boosted sales. Source link
Mass Layoffs or Hiring Boom? What’s Actually Happening in the Jobs Market
By Sarah Chaney Cambon and Ray A. SmithFeb. 9, 2023 8:01 am ETListen to article(2 minutes)Interest rates are rising, inflation...
WSJ News Exclusive | CVS Nearing $10.5 Billion Deal for Primary-Care Provider Oak Street Health
WSJ News ExclusiveHealthThe deal would expand the health insurer and pharmacy chain’s role in medical care Source link
Estée Lauder Sales Hit Again by China’s Covid Lockdowns
The cosmetics company reported a 17% decline in quarterly sales as retailers tightening their inventories also weighed on its business....
Eye Drops Linked to Infections and One Death, CDC Says
HealthEzriCare nonprescription drops may have contained drug-resistant bacteria Source link
OPEC+ Ministers Stick to Cutting Plan Amid Oil-Demand Uncertainty
A panel of energy ministers said the group of petrostates would continue cutting oil production, amid uncertainties about demand in...
Exxon Vaults to Record Annual Profit of $55.7 Billion
BusinessEarningsOnly Apple and Microsoft so far have surpassed Exxon’s fiscal 2022 profit as the oil giant capitalized on high commodity...
J&J’s Talc Bankruptcy Case Thrown Out by Appeals Court
A federal appeals court in Philadelphia rejected Johnson & Johnson ‘s use of chapter 11 bankruptcy to freeze roughly 40,000...
Elevance to Acquire Louisiana Nonprofit Health Insurer
HealthThe company didn’t disclose terms of the deal, which could add roughly 1.9 million members Source link
Moderna Reports RSV Vaccine Cuts Risk of Respiratory Diseases in Older Adults
The company said it would apply in coming months for U.S. regulatory approval. Source link
China’s Economic Growth Fell to Near-Historic Lows as Covid Took a Bite
SINGAPORE—China’s economy grew at one of its slowest rates in decades last year as repeated lockdowns hammered households and businesses,...
Medical Residents Unionize Over Pay, Working Conditions
Physicians-in-training at top teaching hospitals across the country are joining unions, demanding higher pay and better working conditions.The Committee of...
Egg Prices Have Soared 60% in a Year. Here Is Why They Are So Expensive.
The avian flu outbreak keeps the egg supply tight as inflation rises. Source link
New Alzheimer’s Drug Leqembi Will Be Out of Reach for Most Patients
HealthMedicare won’t pay for medicine under rule issued to restrict use of earlier drug whose approval generated controversy Source link
WSJ News Exclusive | DEA Pressed ADHD-Drug Makers About Impact of Telehealth Firms on Surging Demand
The Drug Enforcement Administration told makers of medication for attention-deficit hyperactivity disorder that it was concerned that “aggressive marketing practices”...
Soaring Egg Prices Lead Nation’s Largest Producer to Record Sales
BusinessCal-Maine reports rising prices and healthy demand despite bird flu Source link
Big Nonprofit Hospitals Expand in Wealthier Areas, Shun Poorer Ones
Many of the nation’s largest nonprofit hospital systems, which give aid to poorer communities to earn tax breaks, have been...
Tesla Shares Head for Worst Year Ever as Elon Musk Focuses on Twitter
Listen to article(2 minutes)Tesla Inc. is on pace for its worst annual stock performance on record as investors bristle at...
U.S. Healthcare-Spending Growth Slowed in 2021, Federal Report Finds
Federal spending on Covid-19 dropped, while there was an uptick in spending on insurance coverage and healthcare services. Source link
