Moderna misses on earnings as costs rise from surplus production capacity, lower Covid shot demand
Moderna reported quarterly earnings of $3.61 per share, a 68% decrease from the same period in 2021 when it booked $11.29 per share.
Steve Bannon sued for nearly $500,000 in alleged unpaid legal bills
A law firm claims Bannon has an outstanding bill of more than $480,000 for legal services it provided from around November 2020 through November 2022.
Nvidia stock rises after slight beat driven by A.I. chips
Nvidia has increasingly been seen by investors as one of the chip stocks best positioned to endure an economic slowdown that hurts PC and semiconductor sales.
California water officials raise State Water Project allocation after storms
The Department of Water Resources (DWR) said the modest increase in forecasted water deliveries this year is due to early gains in the Sierra snowpack.
West Virginia asks judge to dismiss lawsuit seeking to overturn state restrictions on abortion pill
The case is one in a series of ongoing legal battles in federal courts around the U.S. over the FDA’s two-decade-old approval of mifepristone.
Trump daughter Ivanka, son-in-law Jared Kushner subpoenaed in Jan. 6 criminal probe: report
Ivanka Trump and her husband Jared Kushner served as senior White House advisors under her father, former President Donald Trump.
Biden Interior proposes first offshore wind lease sale in Gulf of Mexico
The proposed lease sale is part of the Interior Department’s plan to deploy 30 gigawatts of offshore wind energy capacity by the end of the decade.
Supreme Court considers whether Twitter can be held liable for failing to remove terrorist content
In Twitter v. Taamneh, the justices are considering whether the company can be held responsible for aiding terrorism for failing to remove some posts.
CDC advisors recommend mpox vaccine for at-risk adults in future outbreaks
Once limited to Africa, mpox has spread widely around the world and has caused more than 30,000 cases and 32 deaths in the U.S. since May.
Fed minutes show members resolved to keep fighting inflation with rate hikes
While the meeting ended with a smaller rate hike than most of those implemented since early 2022, officials stressed that their concern over inflation is high.
