money Stocks jump as SP500 flirts with all-time highs
Stocks are pointing to a strong start this Thursday morning as investors shift their focus to the SP500 flirting with an all-time high.
Stocks are pointing to a strong start this Thursday morning as investors shift their focus to the SP500 flirting with an all-time high.
The medical equipment maker in January signaled that muted demand for its services used in the making of therapies and vaccines will extend at least into the first half of the year, but could pick up later. The Waltham, Massachusetts-based firm said it now expects annual adjusted profit of $21.14 to $22.02 per share, compared with its previous forecast of $20.95 to $22 per share. Analysts had estimated a profit of $21.53 per share for 2024, according to LSEG data.
Puerto Rico will hold a Democratic presidential primary on Sunday, which will be the only opportunity most registered voters on the island will have to officially weigh in on the race for the White House. Like other U.S. territories, voters in Puerto Rico can’t cast ballots in the general election but may participate in presidential primaries and send delegates to both the Democratic and Republican national conventions this summer. President Joe Biden has already won enough delegates to secure the Democratic nomination and faces minimal opposition on the ballot Sunday.
India's economy is strong—but voters are worried about unemployment
Congress voted to set up a path for a TikTok ban in the U.S. within a year, meaning the app will not be banned until after the 2024 election.
Columbia University has given students 48 hours to dismantle their pro-Palestinian encampment on the school's main lawn.
The company also said its Alzheimer's drug Leqembi, developed with Japanese partner Eisai, recorded global sales of about $19 million, nearly tripling from the fourth quarter of 2023. The number of patients on the therapy have increased nearly 2.5 times since the end of 2023, Biogen said. Biogen and Eisai also intend to increase their sales force as they aim for 100,000 patients by 2026.
US Secretary of State Antony Blinken returned Wednesday to China on his second visit in a year, as the United States ramps up pressure on its rival over its support for Russia while also seeking to manage tensions with Beijing.But Blinken is also seeking to stabilise ties, with tensions between the world's two largest economies palpably easing since his last visit in June.
Shares of the company rose 3.3% in premarket trading after the health insurer also raised its 2024 individual Medicare Advantage growth target by 50,000 members. The company said it has taken a more conservative approach towards reserves for medical claims following disruptions caused by a recent hack at UnitedHealth tech unit Change Healthcare. Chief Financial Officer Susan Marie Diamond said last month about 15% to 20% of Humana's medical claims were dependent on the UnitedHealth unit.
European Union citizens will vote on June 6-9 in elections to choose 720 new members of the European Parliament (MEPs) for the next five years. The European Parliament is one of the three main EU institutions that run the 27-nation bloc. Along with EU governments, it decides on laws that govern common European policies and the EU market of almost 450 million people.
Germany's Cabinet on Wednesday approved a 4.57% rise in retirees' pensions from this summer, well above the current rate of inflation. Rises in German pensions are linked largely to wage developments. The increase will take effect on July 1, the first time since 2000 that pensions in Europe's biggest economy have risen by more than the annual inflation rate, which in March stood at 2.2%, German news agency dpa reported.
The former leader of Northern Ireland’s biggest unionist party made his first court appearance Wednesday on sexual abuse charges dating back nearly four decades. Jeffrey Donaldson, 61, faces one charge of rape and 10 other counts dating from 1985 to 2006. The two did not enter pleas during a brief appearance together in Newry Magistrates Court.
NEWRY, Northern Ireland (Reuters) -The former leader of Northern Ireland's Democratic Unionist Party (DUP), Jeffrey Donaldson, faces 11 historical sex offence charges, including one count of rape, prosecutors told a Northern Irish court on Wednesday. Donaldson, 61, stepped down suddenly as head of the British region's largest unionist party last month after the DUP said he had been charged with allegations of an historical nature. He appeared in court for the first time on Wednesday, where prosecutors said as well as a rape charge, he was accused of one count of gross indecency towards a child and nine counts of indecent assault on a female.
Analysts say the key to winning Pennsylvania’s high-stakes Senate contest may be in the candidates’ ability to outrun unpopular presidential candidates.
A case weighs ER abortion care and more news to know Wednesday.
Iran has reduced its military footprint in Syria after a succession of strikes blamed on Israel, a source close to Iran-backed militant group Hezbollah and a war monitor said Wednesday.But Iran had already begun drawing down its forces after a January 20 strike that killed five Revolutionary Guards in Damascus, including their Syria intelligence chief and his deputy, the source close to Hezbollah said.
The Biden administration is preparing a new aid package for Ukraine that is expected to be worth around $1 billion, multiple sources familiar with the matter told CNN.
The most popular colors for new cars in North America are white, black, gray and silver, according to automotive paint supplier BASF. In the past, you would have been limited to an expensive paint job. Edmunds ′ car experts answer the top questions related to car wraps. WHAT’S A VINYL WRAP?
New federal rules say travelers deserve cash refunds when inconvenienced by their airline – not vouchers or travel credits.
Thousands of Bangladeshis gathered to pray for rain on Wednesday in the middle of an extreme heatwave that prompted authorities to shut down schools around the country."Praying for rains is a tradition of our prophet.
The Biden administration is preparing to announce plans for a new five-year schedule to lease federal offshore tracts for wind energy production, with up to a dozen lease sales anticipated beginning this year and continuing through 2028. The plan was to be announced Wednesday in New Orleans by Interior Secretary Deb Haaland. "As we look toward the future, this new leasing schedule will support the types of renewable energy projects needed to lower consumer costs, combat climate change, create jobs to support families, and ensure economic opportunities are accessible to all communities,” Haaland said in a news release ahead of remarks to a conference in New Orleans.