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FDA could move closer to approving first new Alzheimer's drug in nearly 20 years (CNN) The US Food and Drug Administration soon will consider whether to approve a new Alzheimer's drug for the first time in almost two decades. The agency's Peripheral and Central Nervous System Drugs Advisory Committee will meet on Friday to ...
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GM's decision to build trucks in Ontario concerns UAW workers In a rare reversal, General Motors Co.'s plans to return truck production to Canada under a three-year tentative agreement reached with labor union Unifor is causing a stir among United Auto Workers members at the Detroit automaker's truck plants. The $1.1 ...
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Surging Online Sales Boost XPO Logistics Results XPO Logistics Inc. blew past quarterly analyst forecasts as strong e-commerce demand helped the company bounce back from sagging results earlier in the coronavirus pandemic. The Greenwich, Conn.-based transportation and logistics provider reported ...
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Mayor Lori Lightfoot announces $10 million grant program for bars and restaurants struggling with COVID-19 shutdown Mayor Lori Lightfoot announced a $10 million federally funded grant program on Thursday intended to help independent Chicago bars and restaurants struggling with shutdowns brought on by the coronavirus pandemic. Under Lightfoot's plan, eligible ...
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New Unemployment Claims Show Little Sign of Economic Rebound New claims for state unemployment benefits held steady last week, offering little sign that the U.S. economic recovery is gaining traction. The Labor Department said on Thursday that 738,000 new claims had been filed, a figure virtually unchanged from the ...
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Daily Crunch: DOJ files suit to stop Plaid acquisition The DOJ challenges Visa's acquisition of a fintech startup, Apple releases the latest version of iOS and goPuff acquires an iconic alcohol retailer. This is your Daily Crunch for November 5, 2020. The big story: DOJ files suit to stop Plaid acquisition.
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Merck & Co. to Acquire VelosBio for $2.75B, Expanding Cancer Pipeline Merck & Co. has agreed to acquire VelosBio for $2.75 billion cash, the companies said today, in a deal that bolsters the buyer's growing oncology pipeline with a clinical-phase antibody-drug conjugate being evaluated for solid tumors and blood-based ...
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Fed holds rates steady and signals continued wariness WASHINGTON — Federal Reserve officials made only minor adjustments to their policy statement Thursday, leaving rates unchanged and pledging to act as needed to protect the economy and sustain its recovery from the depths of the pandemic-spurred ...
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Casinos ready for another adjustment: Nightly closures BOSTON -- Massachusetts casinos, built with the intention of staying open 24 hours a day and 365 days a year, are preparing to close again. And again ... and again, and again. Gov. Charlie Baker this week ordered that entertainment venues -- including ...
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Mass. voters give Right to Repair E-ZPass on route to legislation On Tuesday, Massachusetts overwhelmingly adopted Question 1, "Amend Right to Repair Law" with the ballot question capturing 74.9% or 2,493,850 votes for, compared to 25.1% or 834,462 against. Tommy Hickey, director of Massachusetts Right to Repair ...
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Facebook Inc. Cl A stock rises Thursday, still underperforms market Shares of Facebook Inc. Cl A FB, +2.54% advanced 2.54% to $294.68 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP, +2.59% rising 2.59% to 11,890.93 and the Dow ...
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ESPN to lay off 300 employees amid coronavirus pandemic, 200 open positions won't be filled ESPN's workforce has taken a major hit. The sports media giant announced in a memo obtained by Front Office Sports it would be laying off 300 employees as an effect of the ongoing coronavirus pandemic and a change in how consumers watch sports.
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Peloton shares fall despite earnings beat as bike maker warns of ongoing supply constraints Peloton's first-quarter sales surged 232%, as consumers turned to its bikes, treadmills and workout accessories during the pandemic. The company now expects to bring in more than $3.9 billion in total revenue in 2021, up from a prior range of $3.5 billion to ...
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Target recalls toddler boots over possible choking hazard Target has issued a recall for more than 122,000 toddler boots over a potential choking hazard. The boots, marketed as Cat & Jack "Himani" and "Jaren" toddler boots, come in six different variants and are sold in sizes 5-12. Continue Reading Below ...
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The Bob Woodruff Foundation and Wells Fargo Foundation Team to Ensure Veterans Have Safe, Stable Housing New York, NY, Nov. 05, 2020 (GLOBE NEWSWIRE) -- Today the Bob Woodruff Foundation (BWF) announced a partnership with the Wells Fargo Foundation (WFF) to address veteran homelessness and housing instability exacerbated by COVID-19. For many ...
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Alibaba Revenue up 30% as Virus Drives Demand for E-Commerce By ZEN SOO, AP Technology Writer. HONG KONG (AP) — China's biggest e-commerce firm Alibaba Group Holding on Thursday reported a 30% jump in quarterly revenue, as China recovers from the virus and online shopping demand remains high. Alibaba ...
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Cabela's set to welcome Santa for COVID-friendly visits TILDEN TWP., Pa. - Cabela's is preparing for the arrival of Santa Claus this weekend, but this year, his wonderland went through a bit of a transformation. Santa's Wonderland setup at Cabela's near Hamburg. Caitlin Rearden | 69 News. "We've actually taken ...
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Waste Management Scores Cheap Debt Months After Burning Traders A controversial bond-market maneuver by Waste Management Inc. appears to be paying off. Just months after a shock debt redemption angered investors, the company was able to return to the bond market and score some of its cheapest borrowing costs ...
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Nestle uses insect protein in Purina pet food LONDON/ZURICH (Reuters) — Nestle's Purina brand is launching a line of pet food using insects, as the world's biggest food group tests more environmentally sustainable protein sources. The move addresses a trend of people seeking more eco-friendly or ...
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Holiday light show coming to World Wide Technology Raceway MADISON, Ill — Wonderlight's Christmas, the largest synchronized holiday light show in the St. Louis area, will debut at World Wide Technology Raceway this month. The show will run from Nov. 20 through Jan. 3. It will be open nightly, rain or shine, from dusk ...
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Starbucks closing 100 additional locations Starbucks will close an additional 100 stores in the U.S. next year due to the impact of coronavirus. Earlier this year, the Seattle-based coffee chain announced it was shuttering 400 stores, primarily café locations with dining rooms, as it shifted to more pickup ...
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One step closer to going on a cruise again after CDC lifts no-sail order, but new regulations are strict HAMPTON ROADS, Va. - The cruise line industry has been one of the hardest hit during the pandemic. The CDC has recently eased the no-sail order that was put into effect last March, but the new rules are very strict. News 3 spoke to Tony Barnette, who is ...
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Iovance Biotherapeutics: 3Q Earnings Snapshot SAN CARLOS, Calif. (AP) _ Iovance Biotherapeutics Inc. (IOVA) on Thursday reported a loss of $58.6 million in its third quarter. The San Carlos, California-based company said it had a loss of 40 cents per share. The results topped Wall Street expectations.
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Here's why a global cannabis giant is buying SweetWater Brewing Company Aphria Inc. is buying SweetWater Brewing Company for $300 million. A major company purchasing a craft beer maker is not an uncommon move, but these deals are typically executed by giants in the beverage industry. Why would Aphria, a Canadian ...
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Virgin Galactic Stock Is Rising After Company Says It Could Generate Billions in Sales Space tourism pioneer Virgin Galactic reported a third-quarter loss Thursday evening, but earnings don't matter for Galactic. The company has no sales. Down the road, however, management thinks there is billion-dollar potential. Galactic (ticker: SPCE) said ...
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SFO launches probe into Bombardier for suspected bribery and corruption Canadian aircraft maker Bombardier is under investigation by the UK's Serious Fraud Office for suspected bribery and corruption over a deal to sell aircraft to Indonesia's national airline nearly a decade ago. The probe concerns ...
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SWEPCO to retire 1 coal-fired plant, cease coal operations at another Shreveport, La.-based Southwestern Electric Power Co. (SWEPCO), a utility of Columbus, Ohio-based American Electric Power (AEP), will cease operations at two of its coal-fired power plants and retrofit another as it works to meet environmental standards.
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Picture Perfect Skin for Those Holiday Photos Sponsored Content by Plexaderm. Smooth wrinkles and erase under-eye bags. Get picture perfect for the upcoming holidays and it works in minutes! Now you can order a trial size of Plexaderm to see if it's right for you. WEBSITE: Plexaderm. Continue ...
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2021 Audi RS e-tron GT: prices, specifications and prototype drive Production of the electric Audi RS e-tron GT has been confirmed. It'll be the first electric Audi to sport an 'RS' badge and will be powered by two electric motors producing 591bhp, with an overboost function increasing power to 638bhp. Best electric cars.
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Lions Gate: Fiscal 2Q Earnings Snapshot SANTA MONICA, Calif. (AP) _ Lions Gate Entertainment Corp. (LGF.A) on Thursday reported a fiscal second-quarter loss of $18.4 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Santa Monica, California-based ...
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Abbott's Covid-19 antigen test shows promise in asymptomatics Despite the FDA's warning that antigen assays may only be used in patients with symptoms, one such test shows potential in the screening setting. Trial Results. Antigen tests for Covid-19 are under the spotlight. Both the UK and US governments have plans ...
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