Year: 2025
Bristol Myers Squibb says Alzheimer’s is the biggest market for new schizophrenia drug
The Bristol Myers Squibb research and development center at Cambridge Crossing in Cambridge, Massachusetts, US, on Wednesday, Dec. 27, 2023. Adam Glanzman | Bloomberg | Getty Images Bristol Myers Squibb believes Alzheimer’s is the largest market for its newly approved schizophrenia drug, Cobenfy, which it expects to eventually generate billions of dollars in revenue. In […]
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FDA bans Red No. 3, artificial coloring used in beverages, candy and other foods
Red Dye # 3 can have deleterious health effects. The cherries are from a canned fruit cocktail sold at the Dollar TreeIsland Choice Diced Fruit Cocktail (cherries have red #3). Linnea Bullion | The Washington Post | Getty Images The Food and Drug Administration said Wednesday it’s banning the use of Red No. 3, a […]
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From Gmail to Word, your privacy settings and AI are entering into a new relationship
The Microsoft 365 website on a laptop arranged in New York, US, on Tuesday, June 25, 2024. Bloomberg | Bloomberg | Getty Images The beginning of the year is a great time to do some basic cyber hygiene. We’ve all been told to patch, change passwords, and update software. But one concern that has been increasingly […]
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U.S. imposing new export controls on biotech equipment over China concerns
The Department of Commerce building is seen before an expected report of new home sales numbers in Washington, January 26, 2022. Joshua Roberts | Reuters The U.S. Commerce Department said Wednesday it is imposing new export controls on biotechnology equipment and related technology because of national security concerns tied to artificial intelligence and data science. […]
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TikTok preparing for U.S. Sunday shutdown, sources tell Reuters
Jaap Arriens | Nurphoto | Getty Images TikTok plans to shut its app for U.S. users on Sunday, when a federal ban on the social media app could come into effect, unless the Supreme Court moves to block it, sources familiar with the matter said. The outcome of the shutdown would be different from that […]
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Firefly Aerospace kicks off first moon mission after SpaceX launch
The company’s Blue Ghost moon lander before shipping out for launch. Firefly Aerospace Another American company, Texas-based rocket and spacecraft builder Firefly Aerospace, is moon-bound. Firefly’s “Blue Ghost” cargo lander launched from Florida early Wednesday morning on SpaceX’s Falcon 9 rocket to begin a 45-day trip. The space transportation company’s first moon mission comes as […]
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Core inflation rate slows to 3.2% in December, less than expected
Prices that consumers pay for a variety of goods and services rose again in December but closed out 2024 with some mildly better news on inflation, particularly on housing. The consumer price index increased a seasonally adjusted 0.4% on the month, putting the 12-month inflation rate at 2.9%, the Bureau of Labor Statistics reported Wednesday. […]
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Microsoft launches consumption-based 365 Copilot Chat option for corporate users
Microsoft Chairman and CEO Satya Nadella speaks during the Microsoft May 20 Briefing event at Microsoft in Redmond, Washington, on May 20, 2024. Nadella unveiled a new category of PC on Monday that features generative artificial intelligence tools built directly into Windows, the company’s world leading operating system. Jason Redmond | AFP | Getty Images […]
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Stocks making the biggest moves premarket: Goldman Sachs, BlackRock, Rigetti Computing, Meta & more
Check out the companies making headlines in premarket trading. JPMorgan Chase — The banking giant reported fourth-quarter results that beat analyst expectations thanks to strong performances from its fixed income and investment banking businesses. The company earned $4.81 per share on revenue of $43.74 billion. Analysts polled by LSEG expected a profit of $4.11 per […]
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Live Updates: Senate confirmation hearings for Trump picks for CIA, State, Attorney General
Gov. Kristi Noem’s hearing was postponed last-minute South Dakota Gov. Kristi Noem, holds the name plate from when she served in Congress during the House Natural Resources Committee hearing on H.R. 3397 to “require the Director of the Bureau of Land Management to withdraw a rule of the Bureau of Land Management relating to conservation […]
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