Alcohol stocks tumble after US surgeon general calls for cancer warnings
Shares of spirits and brewers in Europe and the United States fell on Friday after the U.S. Surgeon General placed cancer warnings on alcoholic beverage labels. Consumption of alcoholic beverages increases the risk of developing breast, colon, liver and other cancers, US Surgeon General Vivek Murthy said in the advisory. According to the advisory, “For […]
Carvana shares tumble after short-seller claims ‘accounting grift for the ages’
Short seller Hindenburg Research on Thursday accused Carvana of having “long-standing accounting rifts.” bomb report —Stock prices of used car retailers plummeted. Hindenburg, whose report on companies run by Indian billionaire Gautam Adani led to the tycoon's federal indictment last year, told Carvana after an extensive document review and nearly 50 interviews with industry experts. […]
Chiefs are undeniable as Eagles tumble
There is no doubt about it now. The Giants are the worst team in the NFL. Not only did the Giants suffer a franchise-record 10-game losing streak…but they were wiped out by the same Falcons who did their best to defeat the hapless Raiders a week ago…and they finished last with fewer than three teams. […]
Bitcoin sinks below $100,000, altcoins tumble following Fed's hawkish signals – Crypto Briefing
Important points The Federal Reserve's hawkish stance has pushed Bitcoin prices below $100,000. Meme tokens experienced a sharp decline amid the market decline. Share this article Bitcoin fell nearly 6% amid a broader market decline, trading below $100,000 after the Federal Reserve adopted a hawkish tone at Wednesday's FOMC meeting. data From CoinGecko. The Fed […]
UnitedHealth, rival shares tumble as lawmakers push to break up drug middlemen
Shares of companies that own pharmacy benefit managers fell on Wednesday after the introduction of a bipartisan bill that would force health insurance companies and drug intermediaries to sell their pharmacy businesses. CVS Health's Caremark, Cigna's Express Scripts, and UnitedHealth Group's Optum control much of the pharmacy benefit management (PBM) industry in the U.S., and […]
UnitedHealth, insurer stocks continue to tumble after Brian Thompson’s murder
Shares of health insurance companies, including UnitedHealth Group, continued to soar Friday, two days after Brian Thompson, CEO of the company's health insurance division, was shot and killed by a gunman waiting outside a Manhattan hotel. continued to decline. Police officials said the gunman was still at large and a motive for the attack had […]
Stellantis shares tumble after CEO Carlos Tavares’ abrupt resignation
Investors and bankers familiar with the matter said Monday that outgoing CEO Carlos Tavares will quickly turn around the struggling U.S. business by cutting costs rather than focusing on long-term strategy. The company revealed that it had clashed with Stellantis' board of directors over the plan. Shares in the makers of Jeep, Fiat and Peugeot […]
Fox News captures 73% of primetime cable news audience as MSNBC, CNN face post-election tumble
After the presidential election, Fox News Channel has seen its share of prime-time cable news viewership soar as liberal networks MSNBC and CNN continue to hemorrhage viewership. From the Nov. 5 election through Thursday, Fox News captured a staggering 73% of all cable news prime-time viewers, including advertisers, according to Nielsen Media Research. That includes […]
Dow futures tumble 500 points, S&P 500 futures lose 1% on Ukraine-Russia tensions: Live updates – CNBC
Traders work on the floor of the New York Stock Exchange (NYSE) on November 12, 2024 in New York City. Spencer Pratt | Getty Images Stocks fell on Tuesday as investors fled to safety amid rising geopolitical tensions between Ukraine and Russia. of Dow Jones Industrial Average It decreased by 400 points or 0.9%. of […]
Job openings tumble more than expected to the lowest since January 2021
Michael Lee, founder of Michael Lee Strategy, shares his outlook for the market ahead of Varney & Co's September CPI inflation report. number of Job information The U.S. economy unexpectedly fell in September to its lowest level since January 2021, suggesting continued easing in the labor market. The number of job openings fell by 418,000 […]