Amazon Stock Falls on Mixed Earnings Report and Weak Forecast. AWS also missed.

Amazon Stock Falls on Mixed Earnings Report and Weak Forecast.  AWS also missed.

font size Investors are looking for evidence that Amazon.com is making progress in its cost containment efforts. David Ryder/Bloomberg Amazon . com shares fell in late trading Thursday after the company posted mixed fourth-quarter results, with better-than-expected revenue growth but weaker-than-expected earnings, largely due to a loss to the company’s stake in the electric power … Read more

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

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

Russia hits civilian targets again, EU officials visit Kiev

Russia hits civilian targets again, EU officials visit Kiev

KYIV, Ukraine (AP) — Russian missiles hit residential areas in an eastern Ukrainian city for the second time in 24 hours on Thursday, as top European Union officials held talks with the government in Kyiv over the war with Russia is approaching the one-year milestone. The latest attacks in Kramatorsk came as rescue crews searched … 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 a bigger increase 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 both raised interest rates by another half a percentage point. Benchmark … Read more

There is still too much risk in the equity and bond markets. Earn this easy 4.5% return while you wait for stability, says trader who hit 2 big calls in 2022.

There is still too much risk in the equity and bond markets.  Earn this easy 4.5% return while you wait for stability, says trader who hit 2 big calls in 2022.

Ahead of Big Tech Earnings, Meta Results Poised to Lighten Nasdaq Composite COMP for Thursday. The S&P 500 SPX also points to gains as investors have a glass-half-full view of the Fed meeting. LaDucTrading.com founder Samantha LaDuc is concerned that investors are in the throes of another Fed error. “The market is not pricing in … 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 full-year profit of $39.9 billion on Thursday – more than … Read more

How do you lose a radioactive capsule? Australian researchers are wondering the same thing

How do you lose a radioactive capsule?  Australian researchers are wondering the same thing

Brisbane, Australia CNN — The discovery of a small lost radioactive capsule next to a remote highway in Western Australia raises many questions – not least how it escaped layers of radiation-resistant packaging loaded onto a moving truck. It’s one of many puzzling aspects of a case that researchers will investigate in the coming weeks … Read more