profits plunge amid China Covid lockdowns, regulation

Signage for Tencent Holdings atop an office building in Shanghai, China, on March 22, 2022. China’s Tencent reported on Wednesday its quarterly profit halved from a year ago and revenues…

Covid Novavax (NVAX) Q1 2022 earnings

Novavax on Monday reported its first profitable quarter as its Covid vaccine rolls out across several countries around the world, though the company still missed earnings and revenue expectations. Novavax…

Covid Moderna (MRNA) Q1 earnings 2022

Moderna sold $5.9 billion of its Covid vaccine in the first quarter, blowing out revenue and profit expectations. The biotech company’s shares soared by more than 7% in premarket trading…

Covid Pfizer (PFE) earnings Q1 2022

Albert Bourla, chief executive officer of Pfizer pharmaceutical company, arrives to ring the closing bell at the New York Stock Exchange. Drew Angerer | Getty Images Pfizer on Tuesday cut…

Covid and JNJ earnings Q1 2022

Syringes and a box of Johnson & Johnson vaccine. Paul Hennessy | SOPA Images | LightRocket | Getty Images Johnson & Johnson on Tuesday lowered its full-year sales and earnings…

China’s factories were hit harder this quarter as Covid drags on

China’s bicycle exports for the first two months of 2022 fell by 16% from a year ago, after growing by 14.9% for all of 2021, according to customs data. Song…

Covid Funeral Assistance Is an Underused Program

Maybe it was because Kerri Raissian’s father had spent time in two hospitals and a nursing facility during the last 12 days of his life. Or maybe it was because…

Covid, start-ups and tackling inequality

In the Brooklyn neighbourhoods of East New York and Brownsville, residents are starting new businesses at nearly double the pre-pandemic rate. Atlanta’s Fulton and DeKalb counties are also home to…

Airbnb survived Covid, but the crisis mode in “sharing” economy stays

(Left to right) Brian Chesky, Nathan Blecharczyk and Joe Gebbia, co-founders of Airbnb Source: Airbnb In this weekly series, CNBC takes a look at companies that made the inaugural Disruptor…

Covid and JNJ earnings Q4 2021

The Janssen Johnson & Johnson COVID-19 vaccine. Allen J. Schaben | Los Angeles Times | Getty Images Johnson & Johnson on Tuesday projected that its Covid vaccine would generate $3…