Sports betting Penn reports fourth quarter profits

Sports betting Penn reports fourth quarter profits

In this photo illustration, the Penn Entertainment logo is displayed on a smartphone’s mobile screen. Rafael Henrique | SOPA Images | Rocket | Getty Images Penn entertainment on Thursday became the first US gambling company to make a profit in its sports betting during the last three months of a year. It’s usually harder to … Read more

Stocks move big afternoon: META, ALGN, COIN

Stocks move big afternoon: META, ALGN, COIN

The Commission objected to Meta’s linking of Facebook Marketplace to his personal social network. Budrul Chukrut | SOPA Images | Rocket | Getty Images Check out the companies making headlines during midday trading. meta — Shares of the tech giant were up 25% midway through the trading day, heading for its strongest day in nearly … Read more

Eye drops linked to outbreak of drug-resistant bacteria in US

Eye drops linked to outbreak of drug-resistant bacteria in US

NEW YORK — U.S. health officials are advising people to stop using over-the-counter eye drops that have been linked to an outbreak of drug-resistant infections. The Centers for Disease Control and Prevention sent out a health alert to doctors Wednesday night, saying the outbreak has affected at least 55 people in 12 states. One died. … Read more

Eye drops linked to outbreak of drug-resistant bacteria in US

Eye drops linked to outbreak of drug-resistant bacteria in US

NEW YORK (AP) — U.S. health officials are advising people to stop using over-the-counter eye drops that have been linked to an outbreak of drug-resistant infections. The Centers for Disease Control and Prevention sent out a health alert to doctors Wednesday night, saying the outbreak has affected at least 55 people in 12 states. One … Read more

Ford (F) Q4 2022 earnings

Ford (F) Q4 2022 earnings

Ford CEO Jim Farley removes his mask at the Ford Built for America event at Ford’s Dearborn Truck Plant on September 17, 2020 in Dearborn, Michigan. Nic Antaya | Getty Images DETROIT – Ford engine will report its fourth-quarter results Thursday after the bell. Here’s what Wall Street expects, according to consensus estimates from Refinitiv: … Read more

Robert Kraft wants Tom Brady to retire from the Patriots

Robert Kraft wants Tom Brady to retire from the Patriots

Tom Brady #12 of the New England Patriots celebrates with team owner Robert Kraft after defeating the Seattle Seahawks 28-24 during Super Bowl XLIX at University of Phoenix Stadium on February 1, 2015 in Glendale, Arizona. Tom Pennington | Getty Images New England Patriots owner Robert Kraft wants Tom Brady to re-sign with the team … Read more

ECB and Bank of England raise interest rates again against inflation

ECB and Bank of England raise interest rates again against inflation

London CNN — Europe’s two largest central banks raised interest rates sharply on Thursday, opting for bigger increases than the US Federal Reserve as inflation in the region remains near historically high levels. The European Central Bank (ECB) and the Bank of England raised interest rates by another half a percentage point. Benchmark rates for … Read more

Ferrari’s 2022 revenues up 13%, supercar maker leads to strong 2023

Ferrari’s 2022 revenues up 13%, supercar maker leads to strong 2023

Benedetto Vigna, CEO of Ferrari, poses for a photo as Ferrari unveils a new long-term strategy, in Maranello, Italy, June 15, 2022. Flavio Lo Scalzo | Reuters Ferrari on Thursday it reported annual gains of 13% year over year and led to an even stronger year in 2023 thanks to what the CEO called “continued … Read more

Shell reports profits of nearly $40 billion and announces $4 billion in buybacks

Shell reports profits of nearly  billion and announces  billion in buybacks

Hong Kong/London CNN — Shell made a record profits of nearly $40 billion by 2022, more than double what it brought in last year after oil and gas prices soared following the Russian invasion of Ukraine. Europe’s largest oil company by revenue reported an adjusted annual profit of $39.9 billion on Thursday – more than … Read more