The U.S. in particular is worried that a new Covid variant could emerge in China as the virus spreads widely and rapidly.Story Published at: December 29, 2022 at 10:01PM
U.S. and global health officials are worried about lack of transparency from China on Covid outbreak
Here’s why egg prices surged in 2022. Those elevated costs could last into the first quarter of 2023, expert says
Egg prices have risen faster in the past year than any other grocery category. A deadly outbreak of bird flu in the U.S. is the primary culprit.Story Published at: December 29, 2022 at 04:22PM
Amazon lost half its value this year as tech stocks got crushed and recession fears grew
Shares of the e-commerce and cloud giant plunged 51% this year, wiping hundreds of billions of dollars off its market cap.Story Published at: December 29, 2022 at 02:42PM
2022 was tough for media stocks like Netflix and Disney, and 2023 doesn’t look good, either
Netflix, Disney, Paramount and others lost billions in market value in 2022 as streaming subscriber growth slowed and the ad market tightened. Story Published at: December 29, 2022 at 12:00PM
UK says no plans for Covid tests for China arrivals as Europe is pressured to tighten rules
Beijing on Monday dropped its quarantine on arrival policy, leading many to book their first overseas trips in years.Story Published at: December 29, 2022 at 08:58AM
European markets set for slightly lower open as caution abounds to end the year
European markets are set for a slightly lower open as caution returns to global stocks, with investors assessing a number of likely headwinds in 2023.Story Published at: December 29, 2022 at 07:25AM
ABBA’s successful avatar show in London offers a glimpse at a daring new direction for live music
ABBA Voyage has proved a hit with critics and fans, and industry professionals told CNBC it had redefined the parameters of AR-based entertainment. Story Published at: December 29, 2022 at 06:20AM
China reopening earlier than expected could hit supply chains in the short term, but boost growth in 2023
Mainland China’s reopening came sooner than expected for investors, and Goldman Sachs warns it will bring a short-term strain in workforce and supply chains.Story Published at: December 29, 2022 at 05:06AM
‘It’s a lot more of headline risks than anything else’: Analyst maintains bullish outlook on Apple
An analyst maintains a bullish outlook on Apple despite shares of the tech giant falling to their lowest since June 2021 amid continued iPhone supply concerns.Story Published at: December 29, 2022 at 01:29AM
Elon Musk tells Tesla employees ‘don’t be bothered by stock market craziness’
Tesla CEO Elon Musk sent a companywide email on Wednesday urging employees to stay focused and not to pay attention to the slumping stock price. Story Published at: December 29, 2022 at 01:21AM