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Pfizer (PFE) Q2 earnings report 2023
Pavlo Gonchar | Lightrocket | Getty Images Pfizer on Tuesday reported second-quarter adjusted earnings that topped Wall Street’s expectations, but posted revenue that fell short of estimates as Covid product sales plunged. Pfizer reported second-quarter sales of $12.73 billion, down 54% over the same period a year ago. Excluding sales of the company’s Covid vaccine…
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Home lawmakers scrutinize pandemic-era worker retention tax credit score
IRS Commissioner Daniel Werfel testifies before a Senate Finance Committee hearing on Feb. 15, 2023. Kevin Lamarque | Reuters Scrutiny of a pandemic-era tax credit intensified this week as lawmakers, the IRS and tax professionals sought solutions for the wave of small businesses that wrongly claimed the tax break. The employee retention credit, or ERC,…
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What Qin Gang’s disappearance means for U.S.-China relations
U.S. Secretary of State Antony Blinken (L) meets with State Councilor and Foreign Minister of China Qin Gang in Beijing, China on June 19, 2023. Foreign Ministry of China | Anadolu Agency | Getty Images BEIJING — The flurry over Qin Gang’s disappearance and removal from the position of foreign minister has little impact on…
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Lady Will get 51 Months In Jail For Stealing $2.8M From 87YO
A 36-year-old woman will spend the next four years in prison for swindling over $2.8 million from an 87-year-old man. A judge sentenced Peaches Stergo on Thursday (Jul. 27)–months after she pleaded guilty to wire fraud in April. The Southern District of New York U.S. Attorney’s Office says Stergo ran a “romance scam” on the…
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A Deranged Sounding Kari Lake Claims Trump Is Outsmarting The DOJ
Kari Lake called Trump a giant who is playing chess while the DOJ is playing checkers. Kari Lake said on Newsmax: Well every single thing they’ve thrown at him. He’s turned it right back in their face, and he’s proven to be right. They’re wrong. They’re just they’re just trying to bring him down. And…
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New invoice goals to assist low-income folks with disabilities get monetary savings
Halfpoint Images | Moment | Getty Images The Americans with Disabilities Act was signed into law 33 years ago to protect people with disabilities from discrimination. But disabled people still face major hurdles when it comes to building wealth. To help make it easier for disabled individuals with lower incomes to save, Sen. Bob Casey,…
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McDonald’s (MCD) Q2 2023 earnings
In an aerial view, a sign is posted in front of a McDonald’s restaurant on April 03, 2023 in San Pablo, California. Justin Sullivan | Getty Images McDonald’s is expected to report its second-quarter earnings before the bell Thursday. Here’s what Wall Street analysts surveyed by Refinitiv are expecting: Earnings per share: $2.79 expected Revenue:…
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Elections in Spain finish with out a clear majority, plunging the nation into political limbo
The leader and candidate of the conservative Partido Popular (People’s Party) Alberto Nunez Feijoo. Oscar Del Pozo | Afp | Getty Images Election Sunday in Spain ended with no clear majority for either major party, throwing Europe’s fourth largest economy into political limbo. After all the votes were counted, Spain’s conservative Partido Popular party secured…
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“We wish oil costs to go down,” says the US Secretary of Power
Volatility is still weighing on oil markets, US Energy Secretary Jennifer Granholm said on Saturday, reiterating calls for additional supplies. When asked to comment on the state of oil markets, she told CNBC’s Sri Jegarajah that “there is no doubt that there is a volatile environment” — a situation the White House is monitoring. “There…
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Why Most Customers Ignore Well being Warnings
Warning labels are intended to inform consumers of potential risks when using a product, but they are too widespread to be of any use. “Warning labels were actually pretty rare up until the 1960s,” said W. Kip Viscusi, a distinguished professor of law, economics, and management at Vanderbilt University. “From the mid-1960s, cigarettes were labeled…