On Wednesday I listened to a downbeat discussion of bank and brokerage stocks on CNBC's Half Time. The investors that own them on the show were dour and disappointed. None expected near term relief… [+5744 chars]
The Food and Drug Administration (FDA) said Wednesday that it revised the emergency use authorization for Paxlovid, allowing for authorized state-licensed pharmacists to prescribe the Pfizer antivira… [+2425 chars]
Drugmaker Merck & Co is reportedly in advanced talks to buy cancer-focused biotech company Seagen Inc. The deal could be worth roughly $40 billion or more, according to the Wall Street Journal. … [+1597 chars]
Merck & Co. is in advanced talks to acquire Seagen and is aiming to agree on a purchase of the cancer biotech in the next few weeks, according to people familiar with the matter, in a deal that c… [+280 chars]
SEOUL, July 7 (Reuters) - South Korea's Samsung Electronics Co Ltd (005930.KS) turned in its best April-June profit since 2018 on Thursday, underpinned by strong sales of memory chips to server custo… [+3524 chars]
A new initiative from the U.S. Treasury calls on President Biden to work with international partners on regulating cryptocurrency. In a memorandum to the president, the U.S. Treasury in consultation… [+2962 chars]
ALS is a debilitating, universally fatal disease. As motor neurons die, patients lose their abilities to walk, cut their own food, swallow and eventually, breathe. Most patients die within three to f… [+702 chars]
For as long as there has been an auto industry, Michigan has been its epicenter. But now, the industry is making clear that it is not bound by tradition. The move to electric vehicles rapidly accele… [+5998 chars]
VW has announced another big battery investment, this time committing 20 billion to battery production through 2030 with a new battery production spinoff named “PowerCo.” The announcement was made a… [+2420 chars]
In a new joint cybersecurity advisory, U.S. cybersecurity and intelligence agencies have warned about the use of Maui ransomware by North Korean government-backed hackers to target the healthcare sec… [+3126 chars]
Walmart Rollback pricing signs are displayed while customers shop during the grand opening of a new Wal-Mart Stores location in Torrance, California. Walmart won't be doing its own event to rival Am… [+4446 chars]
After weeks of being in the red, Bitcoin and Ethereum are climbing. Bitcoin, the worlds top cryptocurrency by market cap, is $21,663, up roughly 10% in the past week and is up 6% on Thursday alone, … [+2906 chars]