A little-known biotech company stunned the biopharmaceutical industry last spring when it declared an “unprecedented” achievement: its experimental cancer drug looked more effective than Merck‘s Keytruda in a clinical trial. The company, Summit Therapeutics, licensed the drug from Chinese company Akeso Inc. In October, a group of life science investors announced they were putting $400
Month: February 2025
Pints of Ben & Jerry’s ice cream are seen on a shelf at Ideal Fresh Market of Church Ave on March 19, 2024 in the Flatbush neighborhood of Brooklyn borough in New York City. Michael M. Santiago | Getty Images Consumer goods giant Unilever on Thursday posted slightly weaker-than-expected sales growth and pointed to a
In this article BARC-GB Follow your favorite stocksCREATE FREE ACCOUNT Chris Ratcliffe | Bloomberg | Getty Images Shares of British bank Barclays sank in early Thursday trade, after the lender’s forward guidance failed to impress despite its full-year pre-tax profit beat. Pretax profit rose by 24% to £8.108 billion in 2024, just above an analyst
People walk by a sign for Freddie Mac headquarters on July 14, 2008 in McLean, Virginia. AFP Photo/Paul J. Richards (Photo credit should read PAUL J. RICHARDS/AFP via Getty Images) Paul J. Richards | Afp | Getty Images Fannie Mae and Freddie Mac — the two giant mortgage finance firms controlled by the federal government
In this article CVS Follow your favorite stocksCREATE FREE ACCOUNT David Joyner, a longtime CVS executive, speaks during a Senate Health, Education, Labor and Pensions Committee hearing in Washington, D.C., on May 10, 2023. Al Drago | Bloomberg | Getty Images CVS Health CEO David Joyner on Wednesday defended controversial pharmacy middlemen like his company’s
In this article APP Follow your favorite stocksCREATE FREE ACCOUNT Adam Foroughi, CEO of AppLovin. CNBC AppLovin shares soared almost 30% in extended trading on Wednesday after the company reported earnings and revenue that sailed past analysts’ estimates and issued better-than-expected guidance. Here’s how the company performed compared with analysts’ expectations, according to LSEG: Earnings
For those of you that have been affected by the Windfall Elimination Provision or the Government Pension Offset, this may be the most important article you read. The Social Security Agency at this point does not have a specific timeframe as to when benefits will be adjusted. The WEP reduces your own Social Security benefit.
Dado Ruvic | Reuters BEIJING — Chinese businesses are tapping DeepSeek’s newest artificial intelligence model to see how it can improve productivity. The Chinese AI model took the world by storm in recent weeks after showcasing its reasoning process and claims to undercut rival OpenAI’s ChatGPT on cost — despite U.S. restrictions on Chinese access
Elon Musk speaks next to President Donald Trump, not pictured, in the Oval Office of the White House in Washington, D.C., Feb. 11, 2025. Kevin Lamarque | Reuters Staffers from Elon Musk‘s secretive government slashing effort, DOGE, have pushed the highest-ranking officials at the Department of Education — even those recently appointed by President Donald
In this article CMCSA Follow your favorite stocksCREATE FREE ACCOUNT U.S. President-elect Donald Trump speaks to Brendan Carr, his intended pick for Chairman of the Federal Communications Commission, as he attends a viewing of the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas. Brandon Bell
In this article CSCO Follow your favorite stocksCREATE FREE ACCOUNT Cisco CEO Chuck Robbins speaking on CNBC’s “Squawk Box” outside the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025. Gerry Miller | CNBC Cisco shares climbed about 6% in extended trading on Wednesday after the networking hardware maker reported fiscal second-quarter results and
My husband and I enjoy the show on Netflix with Ted Danson titled “Man on the Inside.” Charles (Danson) is a retired professor of engineering who has recently lost his wife. Since his adult daughter is worried he is depressed, lonely, and bored, she encourages him to get a job that will get him out
Acting director of the Office of Management and Budget Russell Vought speaks with reporters during a press briefing at the White House in Washington on March 11, 2019. Jonathan Ernst | Reuters The Consumer Financial Protection Bureau sent termination notices to several dozen employees late Tuesday, according to people with knowledge of the situation. The
In many ways, workers are still reeling from the pandemic. After a tumultuous few years, worrying about what will come next is causing more employees to suffer from so-called layoff anxiety. According to Clarify Capital’s 2025 survey of 1,000 Americans, 1 in 3 adults have layoff anxiety. It’s especially impacting younger workers: among Generation Z,
In this article JPM WFC PYPL BAC Follow your favorite stocksCREATE FREE ACCOUNT Zelle icon displayed on a phone screen and Zelle logo displayed on a screen in the background are seen in this illustration photo taken in Krakow, Poland. Jakub Porzycki | Nurphoto | Getty Images Zelle, the payments network run by bank-owned Early
In this article QSR-CA Follow your favorite stocksCREATE FREE ACCOUNT The Burger King logo is displayed at a Burger King fast food restaurant on January 17, 2024 in Burbank, California. Mario Tama | Getty Images Restaurant Brands International on Wednesday reported same-store sales growth of 2.5%, fueled by the better-than-expected performance from Burger King’s and
Mark Lenhard, CEO of U.K.-based remittances platform Zepz. Lukas Schulze | Sportsfile for Web Summit via Getty Images LONDON — British digital remittances company Zepz is laying off dozens of IT workers and is in the process of closing down business units in Poland and Kenya. Roughly 200 staff members will be impacted by the
Sen. Elizabeth Warren, D-Mass. Tom Williams | Cq-roll Call, Inc. | Getty Images Sen. Elizabeth Warren is urging the Federal Deposit Insurance Corp. to reevaluate the decision to rescind more than 200 job offers to bank examiners in the wake of President Donald Trump‘s federal hiring freeze. The FDIC is already severely understaffed, which “threatens
In this article FOXA Follow your favorite stocksCREATE FREE ACCOUNT Philadelphia Eagles head coach Nick Sirianni and quarterback Jalen Hurts celebrate with the Vince Lombardi Trophy after winning Super Bowl 59. Mike Segar | Reuters The Philadelphia Eagles weren’t the only ones that scored big at the Super Bowl. The National Football League’s championship game
In this article SMCI Follow your favorite stocksCREATE FREE ACCOUNT Super Micro Computer CEO Charles Liang at the Computex conference in Taipei, Taiwan, on June 5, 2024. Annabelle Chih | Bloomberg | Getty Images Super Micro Computer gave optimistic commentary for its fiscal 2026 and delayed annual report that overshadowed its slashed fiscal 2025 revenue
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