By Natalie DeCoste The COVID pandemic has hit a lot of businesses hard, but Pfizer is not one of them. The company announced that it expects its COVID-19 vaccine to generate about $26 billion in sales this year. Pfizer plans to deliver 1.6 billion doses in 2021 under signed contracts as of mid-April 2021. “I am extremely proud of [...]
By Natalie DeCoste Reports are swirling that Treasury Secretary Janet Yellen is set to appoint a top supervisor from the Federal Reserve to become the next acting comptroller of the currency. Yellen is expected to appoint Michael Hsu, associate director of the Fed’s bank supervision and regulation division, as first deputy comptroller. Hsu’s current position [...]
By Natalie DeCoste It has been a tough year for consumers, but things are starting to look up as consumer confidence is once again on the rise. U.S. consumer confidence has hit a 14-month high in April aided by increased vaccinations against COVID-19, fiscal stimulus from the government, and the reopening of businesses, boosting demand and [...]
By Natalie DeCoste Today Consumers Research submitted a Freedom of Information Act request (FOIA) to the Department of Labor (DOL) for communications ordering the deletion of a vital examination of the impending state and local pension crisis. The DOL originally published the report, titled “OASP Working Paper on State and Local Pensions – The Case [...]
By Natalie DeCoste The long-awaited legal battle between Apple and Epic is coming closer as the witness lists for the two companies have been released. Apple and Epic filed tentative witness lists on April 26 for their antitrust battle that is set to take place next week. Epic Games sued Apple in August of 2020, [...]
By Natalie DeCoste The world’s second largest cryptocurrency hit an all-time high on Thursday, challenging Bitcoin’s market dominance. Ether, built on top of the open source Ethereum blockchain, is the world’s second-largest digital currency by market value. The currency hit a record high of $2,800 on Thursday morning, according to data from Coin Metrics. Ether [...]
By Natalie DeCoste Spotify users could see their subscription cost for the popular music streaming service go up based on which plan they use. Spotify announced that it is increasing the price of many of its subscriptions this week across the UK and parts of Europe. In the U.S., the company is raising the price [...]
By Natalie DeCoste Google just secured the largest-ever cloud-computing contract with Spanish-language broadcaster Univision Communications Inc. Google’s parent company Alphabet and Univision announced their new, multi-year, strategic partnership to accelerate growth across Univision’s portfolio of media and content properties. The deal will provide solutions that will enable Univision to build a forward-looking media company. “Increasing demand for [...]
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