Amazon scales back cargo flying as demand cools, contractor says
Air Transport Services Group said Amazon will be flying less in response to slowing consumer demand and a worsening economic outlook.
George Santos denies sexual harassment accusation from ex-prospective staffer
Santos reportedly said he “100%” denies the claim from Derek Myers, who alleged he was groped by the congressman during a brief stint working in his office.
Investor Sarat Sethi said he is buying into this ‘unloved’ pharma stock
The portfolio manager at Douglas C. Lane & Associates said he favors the stock for its expansive vaccine pipeline.
Hispanic dialysis patients face 40% higher risk of staph infection than whites, CDC says
People of color on dialysis have a higher risk of staph bloodstream infections than white people, according to the CDC.
Biden to deliver State of the Union address amid high inflation and divided Congress that threaten to derail economy
Key indicators such as unemployment and GDP show robust growth, but inflation is still high and the Fed hiked interest rates eight times in the last year.
FAA proposes more than $1 million fine on United Airlines over preflight safety checks
The FAA proposed a more than $1.1 million penalty against United Airlines over an alleged safety check issue.
Trump appeals nearly $1 million in sanctions for ‘frivolous’ suit he filed against Hillary Clinton
Trump had filed lawsuits against Hillary Clinton and New York Attorney General Letitia James in Florida federal court.
35% of millionaires say retirement is ‘going to take a miracle,’ report finds
Fewer Americans, including millionaires, feel confident about their overall financial well-being.
Bernstein upgrades Diageo, says spirits giant can rally nearly 30%
Bernstein upgraded Diageo shares to overperform. Despite looming macro headwinds, the bank believes the company has long-term growth potential.
Morgan Stanley says Disney can surge 35% as a strong consumer drives park revenue
Morgan Stanley analyst Benjamin Swinburne reiterated his overweight rating for Disney, predicting an upside of 35% in a bullish scenario.
