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 Virginian man accused of planting two bombs in Washington, DC, five years ago pleaded not guilty Friday to federal charges of transporting and attempting to use explosives.
A US State Department team traveled to Venezuela on Friday for the first time since the ouster of Nicolás Maduro, according to a US official. CNN’s Stefano Pozzebon reports from Bogota.
Oregon authorities are investigating a shooting by a Border Patrol agent in Portland that wounded two people federal authorities say are tied to a violent international gang – an incident that renewed questions about the Trump administration’s handling of its immigration crackdown in the city and across the US.
A US State Department team traveled to Venezuela on Friday for the first time since the ouster of Nicolas Maduro, according to a US official.
Mutual distrust between federal and state authorities derailed plans for a joint FBI and state criminal investigation into Wednesday’s shooting of a Minneapolis woman by an ICE officer, leading to the highly unusual move by the Justice Department to block state investigators from participating in the probe.
Protests have erupted nationwide and an investigation is underway after an ICE agent fatally shot a woman this week. Follow for live updates.
US President Donald Trump said that he had cancelled a “previously expected” second wave of attacks on Venezuela due to the country’s cooperation with the US.
Vice President JD Vance’s claim Thursday that an Immigration and Customs Enforcement officer who fatally shot Renee Nicole Good in Minneapolis is “protected by absolute immunity” drew immediate pushback from experts who said the legal landscape around a potential prosecution is far more complicated.
Five Democrat-led states are suing the Trump administration to stop it from halting $10 billion in social assistance and child care funding in the wake of a widespread probe into federal funding fraud in Minnesota.
The top Washington-based diplomats for Greenland and Denmark met with White House officials at the National Security Council on Thursday as Greenland continues to publicly and privately insist it is not for sale.
Top energy executives are weighing telling President Donald Trump that the industry can increase Venezuela’s oil output by hundreds of thousands of barrels per day over the coming months, people familiar with the preparations for Friday’s White House meeting told CNN.
Congress’ most liberal Democrats are pushing for an all-out fight to rein in President Donald Trump’s hardline immigration policy after this week’s deadly shooting by an ICE officer in Minnesota — even if it means risking another government shutdown.
A “grand staircase,” new spaces for utilities, food service and deliveries, as well as the addition of a second story to the West Wing Colonnade to match plans for a similar two-story colonnade connecting the East Wing to the Executive Mansion are among the