Shares for company Stitch Fix rise as sales top estimates
Stitch Fix shares have risen today (Monday) and this has been driven by consumers looking to add to their wardrobes for this month of June
For the full year, the company raised its revenue after its previous lowering because of the Covid pandemic
In regards to what the loss per share was for May, it was 18 cents versus 27 cents expected and their total revenue was $535.6 million versus $511 million expected
Chain Grocer Kroger expected to hire 10,000 workers across all its grocery brands
This Thursday, Kroger will be holding a hiring event to fill 10,000 jobs across their chain-grocery brand
In regards to the positions to be available, the grocer’s retail, e commerce, pharmacy, manufacturing, and logistical operations segments will be the main focus
Kroger has also announced its plans to raise their average worker wage in March after other criticism revolving around the company lowering them in the pandemic
CEO of Biogen says $56,000 annually for Alzheimer’s drug is fair and promises no price hike for 4 years minimum
The CEO of Biogen, Michel Vounatsos has told CNBC today (Monday) that the list price of $56,000 a year for his company’s Alzheimer’s disease drug is fair
Along with this, the CEO has also announced that the company will not increase prices for the drug for at least 4 years
US has now reported lower than 15,000 COVID cases per day with 1 million daily vaccinations
The US is now reporting an average of about 14,500 for the daily infection rate over this past week
An approximation of about 960,000 vaccinations have been reported to be administered each day across the country
More than ½ of Americans have received at least partial progress in Covid vaccinations (1 dose at least) and 42 % are now fully vaccinated
Blue Origin: Bezos to fly on the first passenger spaceflight for his company in July
Blue Origin plans to launch the mission on July 20, the 52nd anniversary of the Apollo 11 moon landing
Bezos’ brother will join him, as will the winner of an auction being held for one of the seats
K Buenavista
Mr. Buenavista is a writer that specializes in breaking down complex topics into easy to understand formats that appeal to a wide range of news seeking readers, without missing the important details. He handles a majority of the daily news reporting at Easy-Ad, and has written on many other websites. He resides in Southern California.