Month: July 2024
Ford, GM, Stellantis face a daunting second half of 2024
New Jeep vehicles sit on a Dodge Chrysler-Jeep Ram dealership’s lot on October 03, 2023 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images DETROIT – The last time shares of Ford Motor dropped by more than 18% in a day, as they did last week, the U.S. automotive industry was on […]
Read More
FDA approves new blood test to screen for colon cancer
The Food and Drug Administration on Monday approved Guardant Health’s blood test, called Shield, to screen for colon cancer. The test isn’t meant to replace colonoscopies, but is generating enthusiasm among doctors who say it has the potential to boost the dismal rate of screenings for the second-highest cause of cancer death in the United States. Shield […]
Read More
French telecoms network hit by vandalism within days of arson attacks against national railways
SNCF employees repair the scene of a suspected attack on the Eastern high speed railway network in Vandieres, north eastern France on July 26, 2024, as France’s high-speed rail network was hit by an attack disrupting the transport system, hours before the opening ceremony of the Paris 2024 Olympic Games. Jean-christophe Verhaegen | Afp | […]
Read More
SoftBank-backed Ola Electric aims to raise $734 million in India’s biggest IPO this year
The new Ola electric scooters displayed during its launch at the Ola headquarters in Bangalore on August 15, 2021. (Photo by Manjunath Kiran / AFP) (Photo by MANJUNATH KIRAN/AFP via Getty Images) Manjunath Kiran | Afp | Getty Images Indian e-scooter maker Ola Electric said on Monday it aimed to raise $734 million in this […]
Read More
Swiss pharma giant Roche to accelerate Wegovy rival drugs after positive trial data
Sopa Images | Lightrocket | Getty Images Swiss pharmaceutical giant Roche said Monday it is accelerating the development of its Wegovy rival weight loss drugs following promising early stage trial data. The company’s two obesity drug candidates are progressing to the next phase of trials and could come to market within the next few years, […]
Read More
Bitcoin nears $70,000 as investors digest Trump crypto comments and look ahead to central bank meetings
Sopa Images | Lightrocket | Getty Images Cryptocurrencies rose to begin the final week of July as traders digested a slew of political developments that took place over the weekend and looked ahead to central bank meetings this week. Bitcoin was last higher by 2% at $69,640.00, according to Coin Metrics. Ether rose 3% to […]
Read More
Two dead, up to 100 injured after Russian train and truck collide
A view shows derailed carriages of a passenger train after a collision with a truck in the Volgograd Region, Russia July 29, 2024. Head Of Kotelnikovsky Municipal | Via Reuters MOSCOW – At least two people were killed and up to 100 people injured on Monday when a passenger train carrying 800 people collided with […]
Read More
Stocks making the biggest moves before the bell: McDonald’s, Tesla, Stellantis and more
Check out the companies making headlines in premarket trading. McDonald’s — Shares were down slightly in the premarket after the fast food giant reported second-quarter results that missed analyst expectations . McDonald’s also said its same-store sales — a key metric for restaurants — declined broadly. Revvity — Shares gained 6% after the life sciences […]
Read More
Biden rolls out plan to overhaul the Supreme Court
U.S. Supreme Court Justices attend as U.S. President Joe Biden delivers the State of the Union address at the U.S. Capitol in Washington, D.C., March 7, 2024. Evelyn Hockstein | Reuters President Joe Biden on Monday unveiled a three-pronged proposal to reform the Supreme Court, a policy area that he said will be a focus […]
Read More
European markets start the new trading week higher as earnings season continues
LONDON — European markets were higher Monday as investors digest U.S. inflation data and look ahead to another busy week of earnings and central bank meetings. The Stoxx 600 index was up 0.21% by 9:50 a.m. London time, with most sectors and major bourses across the region trading in the green. Oil and gas stocks […]
Read More