Moderna to slash 10% of workforce as biotech cuts costs, Covid shot sales slow
The Moderna Inc. headquarters in Cambridge, Massachusetts, on March 26, 2024. Adam Glanzman | Bloomberg | Getty Images Moderna on
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cuts
Tax cuts for private jet buyers expected to lead to surge in sales
Private jets parked at the Friedman Memorial Airport during the Allen & Company Sun Valley Conference on July 10, 2025
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Trump ‘big beautiful bill’ gives top 1% biggest tax cuts in these states
Speaker of the House Mike Johnson, R-La., speaks to reporters as he walks back to his office as the House
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World Bank sharply cuts global growth outlook on trade turbulence
Cargo shipping containers are loaded with cranes on container ships at the Burchardkai container terminal at the harbour of Hamburg,
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Lululemon shares tumble 20% as it cuts full-year earnings guidance, citing ‘dynamic
Lululemon beat Wall Street expectations for fiscal first-quarter earnings Thursday, but cut its full-year earnings guidance, citing a “dynamic macroenvironment.”
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Corporate layoffs have ramped up in recent weeks. Here are the companies making cuts
Mathisworks | Digitalvision Vectors | Getty Images While the government cost-cutting initiative known as the Department of Government Efficiency, which
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Target cuts sales outlook as retailer blames tariff uncertainty and backlash to DEI rollback
Target on Wednesday cut its full-year sales outlook, as executives said weaker discretionary spending, consumer uncertainty about tariffs, and backlash
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Trump’s triple-digit tariff essentially cuts off most trade with China, says economist
U.S. President Donald Trump attends a cabinet meeting at the White House in Washington, D.C., U.S., April 10, 2025. Nathan
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PepsiCo cuts earnings forecast as it predicts ‘uncertainty’ in tariffs, consumer spending
PepsiCo on Thursday reported mixed quarterly results as its international sales offset weaker demand in North America. The food and
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Tax attorneys say IRS has become a ‘zombie’ as agency cuts staff and halts audits of the
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the
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