Moderna Scales Down Manufacturing
The biotech giant reported a bigger-than-expected quarterly loss.
Read more at Inc.
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Moderna beats on revenue but loses more than expected as it scales down manufacturing
It marks another quarter of growing pains for the company, which is racing to launch new products and recover from the decline of its Covid business.CNBC - 4d -
European defence industry’s search for scale
Boosting the bloc’s defences will be among the discussions at Munich’s security conference this weekFinancial Times - 5d -
Moderna is counting on its product pipeline to resuscitate its ailing stock
The biotech company hopes to deliver as many as 10 product approvals through 2027.MarketWatch - 4d -
Trump Tariffs on Steel and Aluminum May Raise U.S. Manufacturing Costs
Duties of 25 percent on steel and aluminum will flow through to car buyers, beer drinkers, home builders, oil drillers and other users of metal goods.The New York Times - 6d -
German manufacturing job losses deepen fears over industrial decline
Voters prepare to go to polls this weekend as political parties seek remedies for economic heartland’s woesFinancial Times - 23h -
Trump Pushes Tariff Threats on Global Scale
With less than a month in office, the president has pursued trade actions that could shatter the global trading system and dwarf the trade measures he took over his entire first term.The New York Times - 4d -
Plesiosaur Fossils Preserve Both Skin and Scales on Ancient Sea Monster
The mix of features offers new clues to how plesiosaurs navigated prehistoric oceans.The New York Times - Feb. 6 -
Brooklyn Museum Will Lay Off Employees and Scale Back Exhibitions
The museum, which faces a projected $10 million deficit, said it planned to cut more than a tenth of its employees and mount fewer exhibitions.The New York Times - Feb. 7 -
BP set to scale back green investments as profits drop sharply
The oil giant is widely expected to say it will scale back on renewables later this month.BBC News - Feb. 11
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How to Know if You Need a Media Trainer
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How Biotech Can Succeed Outside the Hubs
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HSBC announces share buyback of up to $2 billion as annual profit jumps 6.5%
HSBC on Wednesday reported annual pre-tax profit of $32.31 billion, marginally missing analysts' estimates.CNBC - 20m -
Trump threatens 25% tariffs on auto, semiconductor, pharmaceutical imports
President Donald Trump said Tuesday that he will likely impose tariffs of 25% or more on imports of cars, semiconductors and pharmaceutical products.MarketWatch - 1h -
Brazil charges ex-president Bolsonaro over alleged coup plot
Attorney-general accuses hard-right politician in connection with plan to assassinate rival Luiz Inácio Lula da SilvaFinancial Times - 1h -
Here’s what Argentina’s president Milei’s crypto scandal could mean for Argentine stocks
Argentine President Javier Milei is facing impeachment calls after he promoted a little known cryptocurrency libra, which soared and soon plunged. However, it is unlikely to upend Milei’s ...MarketWatch - 1h -
Dickson Despommier, Who Championed Farming in Skyscrapers, Dies at 84
A microbiologist, he popularized “vertical farming” — raising crops in tall buildings — to remediate climate change and feed more people.The New York Times - 2h