Author: Press Room

A United Airlines plane taxis at Newark International Airport, in Newark, New Jersey, on January 11 2023.Kena Betancur | AFP | Getty ImagesCheck out the companies making headlines in premarket trading.United Airlines – Shares of United Airlines rose 3.5% after the company reported quarterly earnings that topped Wall Street’s estimates for the fourth quarter, signaling strong demand amid higher prices. United posted adjusted earnings per share of $2.46 on $12.4 billion in revenue. Analysts expected adjusted earnings per share of $2.10 and $12.2 billion in revenue, per Refinitiv.Moderna – Moderna rose 7.5% after the pharmaceutical company said Tuesday that its…

Canada’s Defence Minister Anita Anand is in Ukraine on a surprise visit and announced Wednesday more military support to help Kyiv respond to Russia’s invasion. Anand said Ottawa will be donating an additional 200 Canadian-made armoured vehicles worth $90 million. The vehicles are being purchased from Roshel, a company based in Mississauga, Ont.This is part of the additional $500 million in military aid for Ukraine announced by Prime Minister Trudeau in November 2022, a government statement said.On her visit to the capital, Anand also held a bilateral meeting with Ukraine’s Defence Minister Oleksii Reznikov.“During today’s productive visit to Kyiv, I…

CNN  —  The White House strategy to manage the special counsel investigation into President Joe Biden’s handling of classified documents has taken shape. Pledge full cooperation. Attack House Republicans. Don’t engage on the details of an ongoing matter. Most of all, maintain the meticulously planned strategic road map on which Biden planned to act this month long before all but a small handful of White House officials were even aware the handling of classified documents was a problem for anyone other than his predecessor. After a week defined by uneven and incomplete responses, the White House has settled into that…

European stocks and US futures edged higher on Wednesday, with investors betting that cooling inflation would allow central banks to pause their rate increases earlier than previously thought.The regional Stoxx Europe 600 added 0.4 per cent, while Germany’s Dax added 0.2 per cent, erasing earlier losses. London’s FTSE 100 traded in a tight range, slightly below a record high, as UK inflation slowed for the second month in a row, declining to 10.5 per cent in December from an 11.1 per cent peak in October. Sterling gained 0.5 per cent against the dollar to $1.235.In the US, contracts tracking Wall…

Russia is likely to further “weaponise” migration from North Africa and the Middle East towards the EU this year in an attempt to destabilise and undermine the continent, according to a recent report by the International Centre for Migration Policy Development (ICMPD). Moscow opened the Kaliningrad airport to foreign airlines as part of the ‘Open Skies’ policy in October 2022 and recently announced that it will increase the number of flights from North Africa and the Middle East.The small Russian enclave, located between Lithuania and Poland on the Baltic Sea coast, is hardly a top tourist destination leading the ICMPD to predict that…

ST. PAUL, Minn. — Attorneys for an adjunct art professor said Tuesday she is suing the Minnesota university that dismissed her after a Muslim student objected to depictions of the Prophet Muhammad in a global art course, while the university admitted to a “misstep” and plans to hold public conversations about academic freedom.In her lawsuit, Erika López Prater alleges that Hamline University — a small, private school in St. Paul — subjected her to religious discrimination and defamation, and damaged her professional and personal reputation.“Among other things, Hamline, through its administration, has referred to Dr. López Prater’s actions as ‘undeniably Islamophobic,’″ her…

FIRST ON FOX: A group of 11 Texas GOP lawmakers called on Homeland Security Secretary Alejandro Mayorkas to “pivot” how he is handling the massive uptick in illegal border crossings along the U.S. southern border.The border state lawmakers — led by freshman Rep. Morgan Luttrell, R-Texas — noted that there has been a record level of illegal immigration during the Biden administration and under Mayorkas’ leadership, arguing it unfairly burdens Texas in a letter to the Department of Homeland Security (DHS) secretary first obtained by Fox News Digital on Wednesday. “While you live in Washington, D.C., far from the chaos the…

Giants fans have enjoyed a long-awaited euphoria since beating the Vikings on Sunday evening for the team’s first playoff win in 11 years. Adding to the sense of joy is the fact Daniel Jones seems to have solidified his standing among the Giants fan base, who largely want to see him secured as the team’s long-term quarterback. As fans start to prepare to face the despised Eagles in the NFC Divisional round, a cautious optimism the Giants can pull off the upset has started to creep in. Of course, not all share that sentiment. For the opposing perspective, Post Sports+…

Dogecoin price continues to outperform its peers as it inches closer to obliterating one zero. In just 14 days, DOGE’s value has grown by 22.2% to trade at $0.088 at the time of writing. The largest meme coin will probably close the week above $0.1 as the bulls eye a return to $0.1586.Meme coins have generally gained traction since the New Year, with their total market capitalization growing to $19 billion. Dogecoin accounts for the largest chunk of the meme coins’ market share at $11.8 billion. Shiba Inu, which surged by 15.4% in 24 hours, is the second-largest dog-themed token…

The stress for investors is not yet over after stock markets cleared out the “crap” that built up after the outbreak of Covid-19, with a long period of drab returns still lying ahead, the chief executive of Norway’s sovereign wealth fund has warned.US inflation could be poised to reaccelerate before this summer, in part because of the reopening of China, Nicolai Tangen said in an interview with the Financial Times. A new cycle of US interest rate rises is “not that unlikely”, Tangen said, and “not in anybody’s estimates”. Investors are expecting that the Federal Reserve will raise its main…