Markets
Wall Street Falls After J&J Vaccine Data, Hedge Fund-retail Investor Clash
The results compare to the high bar set by two authorized vaccines from Pfizer Inc/BioNTech SE and Moderna Inc, which were around 95% effective in preventing symptomatic illness in key trials when given in two doses. The S&P 500 shed 73.14 points, or 1.9%, ending at 3,714.24. The Shanghai Composite Index edged down 0.6% and Japan's Nikkei 225 fell 1.9%. Both the S&P and Dow closed below their 50... [Full Article...]
Melvin Capital lost 53% in January, hurt by GameStop, other bets
Several investors and fund managers said clients have been more patient with certain firms that have a long and strong track record, likely allowing them to survive this month's deep losses. "The Commission must review recent market activity affecting GameStop and other companies, and act to ensure that markets reflect real value, rather than the highly leveraged bets of wealthy traders or those w... [Full Article...]
India's Tata Motors reports 67 per cent jump in profits
This performance is a credit to the outstanding efforts of the employees of Jaguar Land Rover to overcome many challenges this year and I would like to thank every one of our colleagues for their contribution, particularly those who are working safely in our plants and facilities. [Full Article...]
China's HNA Group says creditors want it declared bankrupt
In a notice on its corporate WeChat account on Friday, the company which was once paying above market rates for trophy buildings in London and NY, said that it had been informed by the high court in Hainan province , where it is based, that it had been sued by its creditors due to failure to pay overdue debts. [Full Article...]
Ontario reports 1,848 new cases of COVID-19 and 43 more deaths
There have been five cases of the new variants caught at Pearson through voluntary testing of travellers. Ontario's Solicitor General said that anyone who refuses to comply with the mandatory testing will be fined $750. Provincial labs will begin that initiative February 3, with the goal of screening all positive tests in the province. Public Health Ontario will also beginning testing up to ... [Full Article...]
Tesla Model X Plaid revealed - 1006bhp SUV hits 60mph in 2.5sec
In Q4 2020, Tesla delivered 180,570 cars and produced 179,757 vehicles. After its initial presentation more than three years ago (during the same event where the new Roadster also made its first appearance), the all-electric class 8 truck is reportedly ready to begin production. [Full Article...]
Healthcare Workers Stuck In Snowstorm Give Trapped Motorists COVID-19 Vaccines
In clinical trials, the Novavax jab showed an overall efficacy of 90 percent against COVID-19, as well as 86 percent protection against the variant first found in the United Kingdom and 60 percent protection against the strain discovered in South Africa . [Full Article...]
Kraft Making Pink Colored Mac & Cheese For Valentine's Day | WiLD 94.9
The macaroni not only has a pink color, but Kraft said it also tastes like "candy". We don't know what kind of candy or why they would do this, but it's real and it's happening. It doesn't look like this limited-edition treat will be sold next to the usual mac and cheese. This was the same process offered to score Kraft's other foray into unusual seasonal flavors-the brand actually launched a ... [Full Article...]