BioNTech Earnings Top Forecasts on Strong Sales of Covid-19 Vaccine

Text size BioNTech is continuing to work with Pfizer on follow-on Covid-19 vaccines. (Photo by THOMAS LOHNES/AFP via Getty Images) BioNTech , the German biotech company, reported first-quarter earning...

Oil Prices Slip as Saudi Arabia Cuts Prices and China Lockdowns Intensify

Text size Oil prices slip Monday but are still elevated. Pichit Boonhuad/Dreamstime.com Oil prices declined Monday after Saudi Arabia, the biggest exporter, reduced prices for Asia and the northwest o...

Opinion: Which jobs have come back, and which ones haven’t

Although the recovery in output, wealth and hours worked has been remarkable since February 2020, the U.S. economy remains deeply scarred by the COVID-19 pandemic. Total hours worked in the nonfarm ec...

CDC investigating severe hepatitis in children

The Centers for Disease Control and Prevention is investigating 109 cases of severe hepatitis in children, including five deaths, to determine a cause, with adenovirus infection as a primary line of i...

New York City could bring back mask mandate, vaccine checks

Children are seen walking to school, on the first day of lifting the indoor mask mandate for DOE schools between K through 12, in Brooklyn, New York City, New York, U.S. March 7, 2022. Brendan McDermi...

Covid Moderna (MRNA) Q1 earnings 2022

The Moderna Covid-19 vaccine awaits administration at a vaccination clinic in Los Angeles, California on December 15, 2021. Frederic J. Brown | AFP | Getty Images Moderna sold $5.9 billion of its Covi...

Pfizer Paxlovid prescriptions to treat Covid increased tenfold in U.S.

Pfizer on Tuesday said prescriptions for its oral antiviral to treat Covid-19 have increased nearly tenfold in the U.S. since late February, as more pharmacies and other locations receive supply. CEO ...

Covid Pfizer (PFE) earnings Q1 2022

Albert Bourla, chief executive officer of Pfizer pharmaceutical company, arrives to ring the closing bell at the New York Stock Exchange. Drew Angerer | Getty Images Pfizer on Tuesday slashed its 2022...

Tesla Investors, Beware: April Deliveries for NIO, Li, and XPeng Hit by Covid

A Covid outbreak in China, which forced production shutdowns, is weighing on April’s output numbers for electric vehicle makers. Hector Retamal/AFP via Getty Images Text size Chinese electric ve...

Tesla Investors Beware: Bad NIO, Li, XPeng April Deliveries Hit by Covid.

A Covid outbreak in China, which forced production shutdowns, is weighing on April’s output numbers for electric vehicle makers. Hector Retamal/AFP via Getty Images Text size Chinese electric ve...

CDC says adenovirus may contribute to liver injury in healthy children

Adenovirus structure, computer illustration showing the surface structure of the virus’ outer protein coat (capsid). Kateryna Kon | Science Photo Library | Science Photo Library | Getty Images N...

FDA panel to discuss Novavax Covid vaccine, Pfizer and Moderna kids shots

Medical syringes and Novavax logo displayed in the background are seen in this illustration photo taken in Krakow, Poland on December 2, 2021. Jakub Porzycki | NurPhoto | Getty Images The Food and Dru...

Apple stock swings to a loss after executives warn of billions in added costs

Apple Inc. topped earnings expectations and set a new record for March-quarter revenue to start 2022, but executives expect to see steeper pressure and billions in additional costs from challenges in ...

Hepatitis outbreak in kids may be linked to adenovirus, WHO says

An outbreak of severe hepatitis in healthy children that has caused liver failure in some kids might be linked to adenovirus infection, and not hepatitis as originally suspected, though further invest...

Moderna asks FDA to authorize Covid vaccine for kids under 6 years old

Moderna on Thursday asked the Food and Drug Administration to authorize its Covid vaccine for children ages 6 months to 5 years old. The vaccine was about 51% effective against infection from the omic...

Merck (MRK) earnings Q1 2022

Medicine pill is seen with Merck logo and words ‘Molnupiravir’ and ‘COVID-19’ displayed on a screen in the background in this illustration photo taken in Poland on November 5, ...

Pfizer asks FDA to authorize third Covid vaccine shot for children 5 to 11 years old

Dr. Sandra Hughes prepares to administer a first dose of the Pfizer-BioNTech coronavirus vaccine (COVID-19) to Elise Langevina, 6, in Storrs, Connecticut, U.S., November 3, 2021. Michelle McLoughlin |...

At least 58% of U.S. population has natural antibodies from previous Covid infection, CDC says

Blood drawn by a registered nurse for an antibody test for the coronavirus, June 16, 2020 in Washington, DC. Win McNamee | Getty Images Three out of every five people in the U.S. now have antibodies f...

Alibaba Stock Drops to Its Lowest Level in 6 Years. Behind the Latest Fall.

Text size Shanghai has been under strict Covid-19 lockdowns since March. Dreamstime The worsening Covid-19 situation in China is weighing on the country’s stock market, with companies including Alibab...

Stock Futures, Oil Prices and Chinese Shares Fall

U.S. stock futures fell, oil prices declined and Chinese stocks suffered their worst selloff in more than two years as Beijing sticks to its zero-Covid strategy while faced with increasing cases in ma...

Oil joins tumbling commodities as China COVID spread triggers fresh demand worries

Oil prices tumbled on Monday, amid fresh worries that spreading COVID cases and more lockdowns in China will hurt demand. That has added to concerns that Federal Reserve tightening could also weaken p...

Asian markets tumble amid worries about earnings, Fed rate hike

TOKYO — Asian shares declined Monday after U.S. stocks ended last week on a tumble as global markets’ expectations for higher interest rates continued to set the tone. Japan’s benchmark Nikkei 225 NIK...

Covid was the third leading cause of death in the U.S. last year

Covid-19 was the third leading cause of death in the U.S. last year, with only heart disease and cancer killing more people, according to data released Friday by the Centers for Disease Control and Pr...

How to prepare your finances for another recession: ‘We think a hard landing will ultimately be unavoidable’

Two years after the short, sharp pandemic-related recession, Wall Street is once again warning of a new recession on the horizon. That’s not a lot to go on, but financial-planning experts say it ought...

Biden announces massive new aid package for Ukraine

[The stream is slated to start at 9:45 a.m. ET. Please refresh the page if you do not see a player above at that time.] President Joe Biden will announce a new military aid package to Ukraine, which i...

CDC panel skeptical of fourth Covid shots for broader population, says U.S. needs clear vaccine strategy

Registered Nurse Orlyn Grace (R) administers a COVID-19 booster vaccination to Diane Cowdrey (L) at a COVID-19 vaccination clinic on April 06, 2022 in San Rafael, California. Justin Sullivan | Getty I...

Novavax says vaccine targeting Covid and flu shows promising results in early data

Novavax on Wednesday said its vaccine targeting both Covid-19 and the flu triggered an immune response similar to its stand-alone shots against each virus, in an early indication that a combination va...

Philadelphia keeps mask mandate in place despite Florida judge ruling against CDC

A shopper wearing a protective mask as a precaution against the spread of the coronavirus selects fruit at the Reading Terminal Market in Philadelphia. Matt Rourke | AP Philadelphia health officials a...

New Covid vaccine’s omicron results improve on current shots

A healthcare worker fills a syringe with Moderna COVID-19 vaccine at the Giorgio Companies site in Blandon, PA where the CATE Mobile Vaccination Unit was onsite to administer Moderna COVID-19 Vaccines...

Covid and JNJ earnings Q1 2022

Syringes and a box of Johnson & Johnson vaccine. Paul Hennessy | SOPA Images | LightRocket | Getty Images Johnson & Johnson on Tuesday lowered its full-year sales and earnings outlook, and sto...

Tesla Could Reopen Its Shanghai Factory Next Week: Report

Text size An aerial view of Tesla’s Shanghai factory, which closed in late March due to rising cases. Xiaolu Chu/Getty Images Tesla might be reopening its most productive facility earlier than i...

WHO tracks omicron BA.4 and BA.5 subvariants as they spread through Africa and Europe

Omicron subvariants BA.4 and BA.5 are circulating at low levels in several countries within Southern Africa and Europe, according to the World Health Organization.  The two subvariants of the highly c...