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Dick’s Sporting Goods (DKS) Tops Estimates for First Quarter 2022 Earnings, Lower Expectations

Dick’s Sporting Goods is located in Staten Island on March 09, 2022 in New York City. Spencer Platt | Getty Images Dick’s Sporting Goods on Wednesday reported first-quarter results that beat Wall Street expectations, as shoppers spent money on golf clubs, soccer equipment and sportswear from brands like Nike and Adidas. But Dick is not …

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CDC says monkeypox does not spread easily through the air: ‘This is not Covid’

The Centers for Disease Control and Prevention wants to allay public concern about how monkeypox is transmitted, stressing that it does not spread so easily through the air because it requires close contact with an infected person. CDC officials said this week that monkeypox virus spreads primarily through constant physical contact such as skin-to-skin contact …

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There is a shortage of electric cars. Here’s what you can find with rising gas prices

A Ford Motor Co Mustang freight port during the Washington Auto Show in Washington, D.C., Friday, Jan. 21, 2022. riders | Bloomberg | Getty Images With gas prices at record levels, some Americans may be tempted to use electricity and pain relief at the pump. But finding a shiny new electric car might not be …

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Abercrombie & Fitch (ANF) reported a loss for the first quarter of 2022

A person carries a bag from an Abercrombie & Fitch store on Fifth Avenue in New York City, February 27, 2017. Andrew Kelly | Reuters Shares of Abercrombie & Fitch fell more than 32% in pre-market trading on Tuesday after the retailer reported an unexpected loss in its fiscal first quarter, as shipping and product …

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Walmart expands drone delivery service to 4 million families

Walmart is expanding delivery of drones to select stores in six states. This will allow more customers to have diapers, groceries or more delivered by air. Walmart Walmart is expanding drone delivery across six states this year, allowing many customers to get a box of diapers or dinner ingredients in 30 minutes or less. By …

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Pfizer says its third Covid vaccine for children under five is 80% effective against omicron

A health care worker administers the Pfizer-BioNTech Covid-19 vaccine to a child at the vaccination site in San Francisco, California, U.S., on Monday, January 10, 2022. David Paul Morris | Bloomberg | Getty Images A three-dose Covid vaccine from Pfizer and BioNTech for children six months to 5 years old was 80% effective in preventing …

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Hyundai plans to invest $5 billion in the US in mobility technology

Drew Angerer | Getty Images News | Getty Images Hyundai Motor Co. said Sunday it plans to invest $5 billion in the United States by 2025 to further develop mobility technologies in areas such as autonomous driving, robotics and artificial intelligence. The investment comes along with the automaker’s recent announcement of a plan to spend …

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Boeing’s Starliner OFT-2 launch update: What’s at stake

A United Launch Alliance Atlas V rocket with Boeing’s Starliner spacecraft aboard is seen as it rolls out onto the launch pad for the OFT-2 mission scheduled for May 19, 2022. Joel Kosky | NASA Boeing is set to make another attempt to reach the International Space Station with the Starliner capsule Thursday, nearly two …

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Target earnings (TGT) for the first quarter of 2022

Target on Wednesday reported quarterly earnings that were well below Wall Street expectations, as the retailer grappled with exorbitant shipping costs, lower mass writedowns and lower-than-expected sales of discretionary items from TVs to bikes. Shares fell about 22% in pre-market trading. Here’s what Target said for the first quarter of the fiscal year ending April …

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House Democrats to hold hearings, introduce legislation

House Democrats will hold hearings on infant formula shortages in the United States, and move to pass legislation to increase the Food and Drug Administration’s inspection staff to ensure imported products are safe for infant consumption. Representative Rosa DeLoro, chair of the House Appropriations Committee, introduced legislation Tuesday that would provide the Food and Drug …

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