WASHINGTON, July 27 (Reuters) - The U.S. Justice Department has opened a criminal investigation into Cassava Sciences Inc (SAVA.O) involving whether the biotech company manipulated research results f… [+5877 chars]
Despite generics eating away at one of Bristol Myers Squibb’s highest sellers last year, Revlimid, CEO Giovanni Caforio maintained on Wednesday’s Q2 call that the company’s “foundation is strong” — a… [+672 chars]
Credit Suisse Chairman Axel Lehmann denied any intention to sell or merge the embattled Swiss lender after it reported a massive second-quarter loss. The bank posted a net loss of 1.593 billion Swis… [+2322 chars]
Two U.S. senators are preparing legislation that would give merchants power to process many Visa and Mastercard credit cards over different networks. The bill, which could be introduced as soon as t… [+251 chars]
FRANKFURT, July 27 (Reuters) - Germany's BASF (BASFn.DE), the world's largest chemical company, is cutting ammonia production further due to soaring natural gas prices, it said on Wednesday, with pot… [+5078 chars]
Most apartments in China are sold before developers finish building them. Pictured here on June 18, 2022, are people selecting apartments at a development in Huai'an, Jiangsu province, near Shanghai.… [+4502 chars]
Boeing has become so embattled, the companys stock rose even after reporting a worse-than-expected loss and sales that came in $900 million short of forecasts. For a company that has endured a stead… [+2729 chars]
Archer-Daniels-Midland Co: "I like Archer-Daniels. ... I say we buy it." Playtika Holding Corp: "The stock has gone down since we liked it, so we've not necessarily been in a great call on it, but i… [+99 chars]
Spotifys second-quarter financial release shows the streaming giant hasnt yet felt the dread hand of the looming global recession. Unlike Netflix, which had to report a fall in its overall customer b… [+1408 chars]
Comment on this story Weve been hearing a lot about a recession lately, and Im willing to bet that were going to be hearing lots, lots more, starting Thursday morning. Thats when the U.S. Bureau of… [+5623 chars]
Bitcoin (BTC) attempted to claw back losses on July 27 as a macro day of reckoning arrived for risk assets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analysis: $24,300 resistance … [+3550 chars]
WASHINGTON (July 27, 2022) Pending home sales decreased in June, following a slight increase in May, according to the National Association of REALTORS®. All four major regions posted month-over-month… [+3135 chars]