New York polio case is ‘tip of iceberg’, hundreds could be infected

Digitally generated image of 3D molecular model of poliovirus Calysta images | Tetra images | Getty Images Hundreds could contract polio after an adult in the New York City metro area contracted the virus and became paralyzed last month, the state’s top health official said this week. New York State Health Commissioner Mary Bassett warned … Read more

Wastewater samples outside New York City point to community spread

Poliovirus particle, computer illustration. Kateryna Kon | Science photo library | Getty Images According to state health officials, polio has been found in wastewater samples taken from two counties outside New York City, indicating that the virus is spreading in the community. Wastewater samples taken in June and July at two different locations in Orange … Read more

Walmart fires corporate employees after cutting forecast

Exterior view of a Walmart store on August 23, 2020 in North Bergen, New Jersey VIEW press | Corbis News | Getty Images Walmart confirmed on Wednesday that it has begun laying off employees at the company about a week after the company cut its earnings forecast and warned that consumers had been pulling back … Read more

Paul Britton, CEO of $9.5 billion derivatives company, says the market hasn’t seen the worst of it yet

(Click here to subscribe to the Delivering Alpha newsletter.) The market has seen huge price swings this year – be it stocks, fixed income, currencies or commodities – but volatility expert Paul Britton doesn’t think it ends there. Britton is the founder and CEO of Capstone Investment Advisors, a $9.5 billion derivatives company. He sat … Read more

GM Super Cruise hands-free system expands to 400,000 miles

That green light means you can take your hands off the handlebars. Just keep your eyes on the road! Mack Hogan | CNBC DETROIT – General Motors is expanding its Super Cruise hands-free driving system in the US and Canada later this year, introducing the feature to non-interstate roads and highways such as Route 66 … Read more

Starbucks (SBUX) Q3 2022 Profit Better Than Estimates

Starbucks reported better-than-expected quarterly results and revenue on Tuesday, despite lockdowns in China weighing on performance. The company’s shares rose more than 1% in expanded trading. Here’s what the company reported for the quarter ended July 3 compared to what Wall Street expected, based on an analyst survey by Refinitiv: Earnings per share: 84 cents … Read more

Molson Coors shares plummet as company cites division in consumer spending on beer

A bottle of Molson Coors Brewing Co. Blue Moon brand beer Tiffany Hagler-Geard | Bloomberg | Getty Images Molson Coors Beverage is seeing a split among its customers as inflation hits their wallets: some beer drinkers are trading down, while others are still looking for pricier six-packs. Shares of the beverage company fell more than … Read more

How JetBlue’s acquisition of Spirit could change air travel

Passengers wait in line at the Spirit Airlines check-in counter at Orlando International Airport. Paul Hennessy | Light Rocket | Getty Images Spirit Airlines relented this week, agreeing to sell itself to JetBlue Airways for $3.8 billion, hours after breaking a merger agreement with Frontier Airlines that failed to receive sufficient shareholder support. The new … Read more

US releases 786,000 additional vaccine doses of monkey pox

The US will make 786,000 additional monkeypox vaccine doses available to local health departments “as soon as possible after the Food and Drug Administration approves the injections for distribution, the country’s top health official said Wednesday. Health and Human Services Minister Xavier Becerra said the federal government will announce more allocations of the two-dose vaccine, … Read more

Spirit Airlines, Frontier Terminate Deal Marred by JetBlue’s Rival Bid

A Frontier Airlines plane taxis past a Spirit Airlines plane at Indianapolis International Airport in Indianapolis, Indiana, on Monday, February 7, 2022. Luke Sharrett | Bloomberg | Getty Images Spirit Airlines ended its merger agreement with Frontier Airlines on Wednesday, months after rival lover JetBlue Airways’ all-cash bid messed up its planned partnership. Shareholders would … Read more