Moderna warns its Covid vaccine shipments are falling short. Stock plunges
CNN
Moderna fell short of profit and sales expectations for the third quarter, and the Covid vaccine maker warned that its full year shipments of the vaccine will not meet its forecasts.
Shares of Moderna (MRNA) plunged 12% in premarket trading on the news. Its share price has more than tripled so far this year.
The company earned $3.3 billion, on revenue of $5 billion in the quarter. But analysts surveyed by Refinitiv had forecast that income would reach $3.9 billion on revenue of $6.2 billion.
The Supreme Court on Friday sided against the Trump administration, keeping alive a federal lawsuit from immigration judges who are attempting to challenge a policy that limits their ability to speak publicly.
The Department of Homeland Security announced its intention to pause a visa program intended to admit certain individuals to the United States, though it’s unclear whether it’s been suspended entirely.
New signage is being installed at Washington, DC’s performing arts center on Friday to include President Donald Trump’s name.
A simmering battle over the future of President Donald Trump’s political movement exploded on one of the right’s biggest stages Thursday, as prominent conservative influencers used Turning Point USA’s annual youth conference to attack each other and their competing visions.
A recently enacted US House map would again make Troost Avenue a dividing line in the community, part of a plan to have Democratic-leaning Kansas City represented by three separate Republican lawmakers.
How should a military commander respond if they determine they have received an unlawful order?
The White House is heading into a critical midterm year beset by economic challenges, as it tries to manage stubbornly high prices, a frustrated electorate and a commander-in-chief who struggles to show sympathy toward voters’ pain.
Congressional Republicans have sent lawmakers home for the holidays without voting to address the Obamacare subsidies cliff that will hit millions of Americans on New Year’s Day — infuriating some of their own rank and file.
A jury found a Wisconsin judge – accused of helping an undocumented immigrant dodge federal authorities – guilty of obstruction Thursday, marking a victory for President Donald Trump as he continues his sweeping immigration crackdown across the country.
A number of Jeffrey Epstein survivors voiced their concern in a private meeting with female Democratic lawmakers earlier this week about the intermittent disclosure of Epstein-related documents and photos by Democrats on the House Oversight Committee, sharing that the selective publication of materials was distressing, four sources familiar with the call told CNN.
The US military conducted strikes against two alleged drug-trafficking boats in the eastern Pacific Ocean on Thursday, killing 5 people, according to US Southern Command.
Four-term North Carolina Democratic Gov. Jim Hunt, a towering figure in North Carolina politics in the late 20th century who helped leaders from both major parties strive for public education reform, died Thursday at the age of 88, his daughter Lt. Gov. Rachel Hunt announced.
President Donald Trump announced Thursday the White House will host the “Patriot Games,” a competition with young athletes from across the county, as part of the celebration of the United States’ 250th anniversary next year.