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

US military personnel will have expanded access to military bases in the Philippines

US military personnel will have expanded access to military bases in the Philippines

CNN — The US military will gain access to four more bases in the Philippines under an agreement announced when US Secretary of Defense Lloyd Austin visited Manila on Thursday. In addition, the two allies said projects at five bases already covered by the 2014 Enhanced Defense Cooperation Agreement (EDCA) were nearing completion. The EDCA … Read more

Complications in pregnancy linked to higher risk of heart disease, study finds

Complications in pregnancy linked to higher risk of heart disease, study finds

CNN — Five major pregnancy complications are strong lifelong risk factors for ischemic heart disease, a new study finds, with the highest risk occurring in the decade after giving birth. Ischemic heart disease refers to heart problems, including heart attack, caused by narrowed or dysfunctional blood vessels that reduce blood and oxygen supply to the … Read more

Hong Kong is criminalizing CBD as a ‘dangerous drug’ alongside heroin

Hong Kong is criminalizing CBD as a ‘dangerous drug’ alongside heroin

Hong-Kong CNN — Two years ago, cannabidiol was booming in Hong Kong. The compound, known as CBD, popped up in cafes, restaurants and shops, with companies eager to enter an exciting new market that was already well established in countries around the world. That came to an end on Wednesday, when CBD was criminalized in … Read more

IMF: Global economic outlook slightly ‘less gloomy’ than expected

IMF: Global economic outlook slightly ‘less gloomy’ than expected

London CNN — The global economy will weaken this year as rising interest rates and the Russian war in Ukraine continue to weigh on activity. But economists are more optimistic than they were a few months ago. The International Monetary Fund said Monday it now expects global growth to slow from 3.4% in 2022 to … Read more

Covid-19 is a leading cause of death for children in the US, despite the relatively low death rate

Covid-19 is a leading cause of death for children in the US, despite the relatively low death rate

CNN — Covid-19 has become the eighth most common cause of death among children in the United States, according to a study published Monday. Children are dying from Covid-19 significantly less than any other age group — less than 1% of all deaths since the start of the pandemic have been among those under the … Read more

Adani Group beats Hindenburg ‘attack on India’ as share price hits $70 billion

Adani Group beats Hindenburg ‘attack on India’ as share price hits  billion

New Delhi CNN — The Adani Group has accused a US investment firm of launching “a calculated attack” on India by publishing a report alleging widespread fraud at the Ports-to-Power conglomerate. Hindenburg Research last week released its report on billionaire Gautam Adani’s affairs, accusing the group of “brutal stock manipulation and accounting fraud over decades.” … Read more

Kansas City Chiefs meet Philadelphia Eagles in Super Bowl LVII

Kansas City Chiefs meet Philadelphia Eagles in Super Bowl LVII

CNN — The Kansas City Chiefs advance to Super Bowl LVII after beating the Cincinnati Bengals 23-20 in Sunday’s AFC Championship game at Arrowhead Stadium in Kansas City, Missouri. After suffering a high ankle sprain last week in the Chiefs’ Divisional Round victory over the Jacksonville Jaguars, Patrick Mahomes led the team to a back-and-forth … Read more

With the emergence of new coronavirus variants, the FDA is stopping Evusheld’s approval

With the emergence of new coronavirus variants, the FDA is stopping Evusheld’s approval

CNN — The U.S. Food and Drug Administration on Thursday withdrew Evusheld’s emergency use authorization because it does not appear to protect against Covid-19 from viral variants currently circulating in the United States. Evusheld is a monoclonal antibody therapy used to prevent Covid-19 in immunocompromised people, who are less likely to elicit an immune response … Read more