Year: 2023
Norfolk Southern makes broad safety adjustments after third train derailment
This photo taken with a drone shows the continuing cleanup of portions of a Norfolk Southern freight train that derailed Friday night in East Palestine, Ohio, Thursday, Feb. 9, 2023. Gene J. Puskar | AP Hours after a 28-car Norfolk Southern train derailed Saturday in Springfield, Ohio — the third incident for the freight railroad […]
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Jim Cramer’s Investing Club meeting Monday: Fed and jobs, China reopening, Eli Lilly
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. Fed and jobs report Stick with China reopening stocks Watch Eli Lilly 1. Fed and jobs report Stocks were trading higher Monday as investors look ahead to Federal Reserve commentary […]
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Stocks creating the biggest moves midday: Snap, Apple, Boeing and additional
In this posting DPZ EMR RH BMRN SNAP AAPL CSG.N-CH Observe your favorite sharesCreate Cost-free ACCOUNT Look at out the organizations producing headlines in midday investing. An Apple shop on Nanjing Road Pedestrian Street in Shanghai, China, on December 16, 2022. CFOTO | Potential Publishing | Getty Pictures Snap — The tech company’s shares gained […]
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Marlboro maker Altria agrees to buy e-cigarette startup NJOY for nearly $2.8 billion
In a bid to strengthen its portfolio of smoke-free products, Altria Group said Monday it would buy e-cigarette startup NJOY for $2.75 billion. Altria, which makes Marlboro cigarettes, will have full global ownership of NJOY’s e-vapor product portfolio, including NJOY ACE, the only pod-based e-vapor product with market authorizations from the FDA. “We believe we […]
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Toblerone chocolate to slice iconic Matterhorn brand from packaging due to ‘Swissness’ regulations
Toblerone chocolate bars with a representation of the Matterhorn mountain (again) and of a generic mountain (front) in Geneva. The Swiss Matterhorn peak will be eradicated when some of the chocolate’s production is moved from Switzerland to Slovakia and replaced by a more generic mountain below rigorous “Swissness” rules. Fabrice Coffrini | Afp | Getty […]
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Saudi Arabia drops $5 billion in Turkey’s central financial institution to support its having difficulties financial state
Saudi Minister of Finance Mohammed Al-Jadaan speaks throughout a conference of Finance ministers and central lender governors of the G20 nations in the Saudi funds Riyadh on February 23, 2020. FAYEZ NURELDINE | AFP by way of Getty Images Saudi Arabia agreed to deposit $5 billion into Turkey’s central lender via its Saudi Fund for […]
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SiriusXM cuts 8% of its workforce as part of a broader reorganization
Sirius XM is the latest media company to announce a round of layoffs The car radio subscription company, known for its commercial-free music and talk radio channels, said Monday it is cutting 8% of its workforce, or 475 jobs. “We are entering into a new phase for our Company,” CEO Jennifer Witz said in an […]
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FDA will review Eisai’s and Biogen’s Alzheimer’s treatment Leqembi with decision on full approval expected in early July
Andrew Brookes | Image Source | Getty Images The Food and Drug Administration will make a decision on whether to fully approve Eisai‘s and Biogen‘s Alzheimer’s treatment Leqembi by July 6, the companies announced on Monday. Leqembi is an antibody treatment that targets brain plaque associated with the mind-robbing disease. It is administered intravenously twice […]
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Iran suggests it is learned what could be the world’s second-largest lithium deposit
A lithium mining equipment moves a salt by-solution at the mine in the Atacama Desert in Salar de Atacama, Chile on Oct 25, 2022. Lucas Aguayo Araos| Anadolu Company | Getty Visuals Iran claims it can be discovered a enormous deposit of lithium — a crucial ingredient in batteries for devices and electric powered autos […]
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A Stanford doctor who studied people who live to 110 on how humanity and AI will master aging
As a postdoctoral researcher at Stanford University, Kristen Fortney used bioinformatics to study the genetics of supercentenarians — people who live to the age of 110 and beyond. Now she is at the forefront of biotech efforts to turn longevity science knowledge into medicine. As CEO and co-founder of BioAge, a clinical stage biotech developing […]
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