The first half of 2022 is over today, and good riddance for investors: The S&P 500 Index has declined 21.4%. Below are two lists of the worst-performing stocks in the Read more
Tag: Consumer Goods
July 4 forecast: Inflation is raising the cost of summer BBQs by 17% to $70
If you’re planning a Fourth of July barbecue, be prepared to dig deeper into your wallet. The American Farm Bureau Federation has found that the cost of the traditional holiday Read more
‘Pokemon Go’ creator Niantic lays off 8% of its workforce, halts some projects
Niantic Inc. has laid off about 8% of its workforce and stopped production on several projects, the company said Wednesday, as the creator of the popular game “Pokémon Go” struggles Read more
LVMH buys iconic California winery Joseph Phelps
French luxury-goods conglomerate Moet Hennessy Louis Vuitton is expanding its reach into Northern California’s Wine Country, acquiring the acclaimed Joseph Phelps Vineyards. Phelps has produced iconic wines for nearly 50 Read more
BP to assist with travel expenses for U.S. employees following abortion ruling
BP PLC BP, -1.03% BP, +0.16% said Wednesday it will assist with travel expenses of U.S. employees for covered health care services after the Supreme Court’s ruling on abortion. “We Read more
Wall Street’s favorite stock sector has potential upside of 43% as we enter the second half of 2022
At the midpoint of 2022, investors are looking at a remarkable change in stock valuations. The S&P 500 SPX has declined 20%, but the benchmark index’s forward price-to-earnings valuation has Read more
Novavax is part of the FDA’s COVID-19 booster debate, but its vaccine still hasn’t been authorized
Novavax’s NVAX, +1.04% COVID-19 vaccine candidate played a front-and-center role during this week’s debate about how best to update the COVID-19 boosters to better protect against omicron. The catch? The Read more
Companies paying abortion travel costs for employees include Target, Yahoo
The Supreme Court has voted to overturn Roe v. Wade, and many companies are offering to help their employees find reproductive care outside of their home states — which may Read more
Opinion: ‘Stranger Things’ and beyond: Here’s what’s worth streaming in July 2022
“Stranger Things” may have all the hype, but there’s plenty more to stream in July. The hugely anticipated season finale of the Netflix smash hit lands just in time for Read more
Elmo gets the COVID vaccine, and says ‘there was a little pinch, but it was OK’
Meet “Vaccinate Me Elmo.” The little red Sesame Street character revealed on Twitter on Tuesday that he just got his COVID-19 vaccine, a week after the Food and Drug Administration Read more