Month: July 2023
FDA approves Alzheimer’s drug Leqembi, paving way for broader Medicare coverage
The Food and Drug Administration on Thursday approved the Alzheimer’s treatment Leqembi, a pivotal decision that is expected to expand access to the expensive drug for older Americans. Medicare has promised to start covering Leqembi, with some conditions, on the same day the FDA approves the antibody treatment. Leqembi is made by Japanese pharmaceutical company […]
Read More
Nikola falls short of winning shareholder support to issue new stock – but a new law may help
Nikola TRE FCEV2 Courtesy: Nikola Electric truck maker Nikola is still short of winning shareholder approval to issue new stock and has once again adjourned its annual meeting to try to win more support, the company said on Thursday. Nikola had adjourned its June 6 annual meeting until Thursday to try to drum up more […]
Read More
DeSantis rakes in $20 million in presidential campaign’s to start with six weeks, rivaling Trump’s haul
Florida Governor and 2024 hopeful Ron DeSantis greets supporters through a marketing campaign end at Derry-Salem Elks Lodge in Salem, New Hampshire, on June 1, 2023. Joseph Prezioso | AFP | Getty Illustrations or photos The presidential marketing campaign of Florida Gov. Ron DeSantis said Thursday it elevated $20 million in the 6 months considering […]
Read More
Payrolls report Friday probable to clearly show a work opportunities sector that is nonetheless incredibly hot
A gentleman walks past a “now using the services of” sign posted outside the house of a restaurant in Arlington, Virginia on June 3, 2022. Olivier Douliery | AFP | Getty Visuals The U.S. employment market is however on fire, no subject how significantly effort policymakers set into cooling it off. Irrespective of a collection […]
Read More
OceanGate suspends all exploration and commercial functions following Titan implosion
A trailer featuring the OceanGate emblem is pictured in the vicinity of a trailer and other gear at OceanGate Expedition’s headqurters in the Port of Everett Boat Property in Everett, Washington, on June 22, 2023. Jason Redmond | AFP | Getty Pictures OceanGate mentioned it is suspending all exploration and commercial functions months right after […]
Read More
Twitter accuses Meta of stealing trade secrets and techniques for its new Threads application
Main Executive Officer of SpaceX and Tesla and proprietor of Twitter, Elon Musk attends the Viva Know-how convention dedicated to innovation and startups at the Porte de Versailles exhibition centre on June 16, 2023 in Paris, France. Chesnot | Getty Visuals Twitter’s lawyer wrote a letter to Facebook guardian Meta on Wednesday, accusing the organization […]
Read More
Threads, Twitter and Mark Zuckerberg’s very long heritage of copycat apps and attributes
Mark Zuckerberg isn’t especially shy about copying a fantastic strategy when he sees a person. From cribbing Snapchat’s tales attribute to cloning TikTok in the form of Instagram Reels, the Facebook co-founder has a extended and nicely-documented history of becoming a copycat. Zuckerberg’s hottest not-fairly-innovation comes in the kind of Threads, an Instagram-primarily based Twitter […]
Read More
Sens. Warren, Booker grill unsuccessful retailer Bed Bathtub & Past in excess of allegedly denying severance
Bed Bath & Over and above emblem is noticed on the shop in Williston, Vermont on June 19, 2023. Jakub Porzycki | Nurphoto | Getty Images WASHINGTON — Residence merchandise retailer Bed Bathtub & Further than is struggling with scrutiny from Democratic lawmakers for allegedly evading severance shell out for hundreds of workers laid off […]
Read More
EU regulators open antitrust probe into Amazon’s $1.7 billion iRobot offer
A vacuuming Roomba model robotic is displayed at iRobot headquarters in Bedford, Massachusetts Scott Eells | Bloomberg | Getty Photos The European Commission claimed Thursday that it is really opened a thorough and “in-depth” investigation into Amazon‘s prepared $1.7 billion acquisition of Roomba maker iRobot. The govt arm of the EU claimed it was worried […]
Read More
Get a possibility-absolutely free 5% return as the 2-calendar year Treasury yield hits a 16-yr significant. Here’s how to buy one
By no means brain Thursday’s selloff in the inventory sector. Income-in search of investors are primed to choose up a hazard-totally free return exceeding 5% now that the yield on the 2-yr Treasury has spiked to highs previous witnessed in 2007. Traders flinched when the ADP payrolls report for June arrived in substantially hotter than […]
Read More