Category: Market News
Beyond Meat Inc. BYND, +0.87% announced Thursday that Beyond Meatballs and the Beyond Burger product will be available at about 2,000 Rite Aid Corp. RAD, -17.18% locations around the country. The pharmacy retailer is the latest addition to a long list of restaurant chains and retailers that carry the plant-based meat company’s products. The U.S. […]
The average life span in the U.S. fell in 2021 for a second consecutive year, compounding the effect of a decline in 2020 that was the largest since 1943. Preliminary data, NPR reported citing a new analysis, show the average U.S. life span contracting by just under a half-year in 2021, after a nearly two-year […]
WeWork Inc. WE, -5.18% disclosed Thursday that Chief Executive Sandeep Mathrani total compensation for 2021 was nearly triple that of 2020, boosted by more than $19 million in cash bonuses and stock awards. Mathrani became CEO of WeWork in February 2020, and chairman in March 2022. In the co-working space rental company’s 2021 proxy statement, […]
Shares of Biogen Inc. BIIB, +0.92% fell 0.3% in the extended session Thursday after the Centers for Medicare and Medicaid Services, which oversees the Medicare program, said they had finalized their policies about covering the biotech’s controversial Alzheimer’s drug Aduhelm and future others. As it signaled in January, CMS said that Food and Drug Administration-approved […]
Faraday Future Intelligent Electric Inc. FFIE, -1.18% said late Thursday it has received a notice of noncompliance from the Nasdaq stock exchange due to its delay in filing its 10-K. The notice was expected and the company said it hopes to regain compliance by April 19. Faraday Future notified the exchange in March it was […]
Stocks ended with small gains Thursday, bouncing modestly after back-to-back declines tied to worries about the Federal Reserve’s plans to continue tightening monetary policy. The Dow Jones Industrial Average DJIA, +0.25% closed around 87 points higher, up 0.3%, near 34,584, according to preliminary figures, while the S&P 500 SPX, +0.43% rose around 19 points, or […]
Natural-gas prices climbed by more than 5% on Thursday to settle at their highest since December 2008, buoyed by tight supplies, while oil prices edged down to finish with a modest loss. The Energy Information Administration reported Thursday that U.S. natural-gas supplies fell 33 billion cubic feet for the week ended April 1. That compares […]
President Joe Biden tested negative for COVID-19 on Wednesday night, the White House said Thursday. The White House press office also said that although Biden interacted briefly with House Speaker Nancy Pelosi over the course of the last two days, he isn’t considered a close contact of the California Democrat, whose office on Thursday announced […]
The U.S. Energy Information Administration reported on Thursday that domestic natural-gas supplies fell by 33 billion cubic feet for the week ended April 1. That compared with an average weekly decline of 27 billion forecast by analysts surveyed by S&P Global Commodity Insights. Total supplies in storage stand at 1.382 trillion cubic feet, down 399 […]
Constellation Brands Inc. STZ, +0.64% said Thursday it has entered an accelerated share repurchase program with Bank of America to repurchase $500 million of its Class A common stock. The alcohol company, which reported fourth-quarter earnings earlier Thursday, said it will receive about 1.7 million shares on April 8. equal to 80% of the repurchases […]