Contract drug maker Catalent Inc. is expanding its US production of Moderna Inc.’s Covid-19 vaccine, a development that could ensure the US has ample supply as vaccines ramp up. Catalent has reached …
Read More »US stocks open higher on signs of an economic rebound
US equity futures rose on Monday after a strong employment report and before new data expected to show a recovery in the US services sector. Futures linked to the S&P 500 rose …
Read More »South Korea’s LG becomes the first major smartphone brand to withdraw from the market
By Joyce Lee, Heekyong Yang SEOUL (Reuters) – South Korea’s LG Electronics Inc is shutting down its loss-making mobile division after failing to find a buyer, a move that will make it …
Read More »South Korea’s LG becomes the first major smartphone brand to withdraw from the market
By Joyce Lee, Heekyong Yang SEOUL (Reuters) – South Korea’s LG Electronics Inc is shutting down its loss-making mobile division after failing to find a buyer, a move that will make it …
Read More »Delta cancels flights due to staff shortage, opens intermediate seats
DETROIT – Delta Air Lines canceled about 100 flights Sunday due to staff shortages and opened the middle seats a month earlier than expected to carry more passengers. The airline says it …
Read More »Exclusive: Chinese smartphone maker Xiaomi to make electric vehicles using Great Wall plant: sources
HONG KONG / BEIJING (Reuters) – Chinese company Xiaomi Corp plans to make electric vehicles (EVs) using Great Wall Motor Co Ltd’s factory, said three people with direct knowledge of the matter, …
Read More »GM turns to NBA executive Meg Whitman for board
General Motors Co. has appointed two new directors, including tech industry veteran Meg Whitman, its first high-profile move since the collapse last year of its media startup Quibi Holdings LLC. GM said …
Read More »Loyalty plans to launch Bitcoin ETFs
Fidelity Investments unveiled plans on Wednesday to launch an exchange-traded fund that tracks the price of bitcoin, fueling the money manager’s push to bring cryptocurrencies into mainstream finance. The ETF, called the …
Read More »KFC, Taco Bell and Pizza Hut to begin receiving text message orders
KFC owner Yum Brands Inc. is buying an Israel-based startup that helps customers order food to text, a strategy executives hope will boost sales as people leave the store. fast food and …
Read More »Sinovac says its vaccine is safe for children up to 3 years old
Sinovac says its COVID-19 vaccine is safe in children ages 3 to 17, according to preliminary data, and has submitted the data to Chinese drug regulators. For HUIZHONG WU Associated Press March …
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