November 7, 20240 Comments

Trump victory deals latest heavy blow to a struggling Germany

Olaf Scholz, Germany’s chancellor, during a news conference at the Chancellery in Berlin, Germany, on Monday, Nov. 4, 2024. Krisztian Bocsi | Bloomberg | Getty Images Donald Trump’s election as U.S. President could mark yet another major blow for the struggling German economy. Germany narrowly, and unexpectedly, skirted a technical recession in the third quarter, with preliminary data showing its gross domestic product grew by 0.2% after a 0.3% contraction

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November 7, 20240 Comments

Moderna (MRNA) earnings Q3 2024

Moderna on Thursday posted a surprise profit for the third quarter, smashing Wall Street estimates, as its cost-cutting efforts took hold and sales of its Covid vaccine came in higher than expected.  The biotech company posted a net income of $13 million, or 3 cents per share, for the third quarter. That compares with a net loss of $3.63 billion, or $9.53 cents per share, reported for the year-ago period.

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November 7, 20240 Comments

Ottawa has a ‘plan’ for Trump’s second presidency: Freeland

Article content Deputy Prime Minister Chrystia Freeland says the federal government has a plan and is prepared to defend Canada’s national economic interest after Donald Trump was elected as U.S. president for the second time. “We have a plan, we’re going to be executing that plan,” Freeland said during a press conference in Ottawa on Wednesday. “Our government is absolutely prepared to continue to defend and also to advance the

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November 7, 20240 Comments

Adyen stock falls after Q3 report shows transaction volume slowdown

Adyen reported a big miss on first-half sales Thursday. The news drove a $20 billion rout in the company’s market capitalization . Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images Adyen shares sank Thursday after the company reported a slowdown in the growth of its transaction volumes in the third quarter. Shares of Adyen fell more than 6% Thursday after the company’s third-quarter report, paring losses of as

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November 7, 20240 Comments

Federal officials sound alarm over fake election videos tied to Russia

Federal officials sound alarm over fake election videos tied to Russia – CBS News Watch CBS News Three top government agencies are calling out two fabricated videos spreading lies about early voting, and they say a familiar foe is to blame. Nicole Sganga has more. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On Source link

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November 7, 20240 Comments

Record numbers of wealthy Americans are making plans to leave the U.S.

Ferragudo, Portugal. Gonzalo Azumendi | Stone | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. A growing number of wealthy Americans are making plans to leave the country in the run-up to Tuesday’s election, with many fearing political and social unrest regardless of who

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