FDA approves Bristol Myers Squibb’s schizophrenia drug
Bristol Myers Squibb’s Cobenfy drug Courtesy: Bristol Myers Squibb The Food and Drug Administration on Thursday approved Bristol Myers Squibb‘s highly anticipated schizophrenia drug Cobenfy, the first novel type of treatment for the debilitating, chronic mental disorder in more than seven decades. Schizophrenia affects how a person thinks, feels and behaves, and can cause paranoia, […]
Trademark dispute emerges over Tiger Woods’ new logo
Tiger Woods speaks during the launch of Tiger Woods and TaylorMade Golf’s new apparel and footwear brand “Sun Day Red” at Palisades Village on February 12, 2024 in Pacific Palisades, California. Kevork Djansezian | Getty Images Sport | Getty Images Tiger Woods’ new logo for his Sun Day Red golf apparel line is facing a […]
Alphabet’s stock has never been this cheap relative to Meta’s. How to play that.
A Bernstein analyst says it’s still “difficult to defend” pitching Alphabet shares with conviction given various regulatory and competitive risks.
Nuggets, Avalanche launch streaming service Altitude+
Local fans of the NBA’s Denver Nuggets and the NHL’s Colorado Avalanche will have some new ways to watch their teams’ games this season. Kroenke Sports & Entertainment — Stan Kroenke’s company that owns several professional sports franchises including Denver’s NBA and NHL teams along with their regional sports network, Altitude — is partnering with […]
Broadcom to tap corporate bond market for funds to pay down debt
Semiconductor company last issued bonds in July, when it raised $5 billion to refinance loans taken on to pay for its $69 billion acquisition of VMware Inc.
Wealthy investors support Harris over Trump, new survey says
Vice President and Democratic presidential candidate Kamala Harris speaks at the Philip Chosky Theatre during a campaign event in Pittsburgh, Pennsylvania, on September 25, 2024. Jim Watson | AFP | Getty Images A majority of millionaire investors said they plan to vote for Vice President Kamala Harris in November, even though they give former President […]
Southwest raises Q3 forecast, announces $2.5 billion buyback
A Southwest Airlines plane takes off from Hollywood Burbank Airport as another Southwest plane taxis on July 25, 2024 in Burbank, California. Mario Tama | Getty Images Southwest Airlines raised its third-quarter revenue forecast on Thursday, announced its board authorized a $2.5 billion in share buybacks, and detailed a host of changes to its business […]
Why stock-market investors are freaking out over economic data they used to ignore
Investors are increasingly on edge about incoming economic data as the Federal Reserve works to cut rates and secure a soft landing for the economy
New Starbucks CEO Brian Niccol commits to working with union
A Starbucks worker wears a t-shirt and button promoting unionization on April 7, 2022, in Chicago. John J. Kim | Chicago Tribune | Tribune News Service | Getty Images Starbucks CEO Brian Niccol said the coffee chain is committed to bargaining in good faith with the union that represents many of its baristas, as the […]
Exclusive: HUD Secretary Adrianne Todman on how government ‘has to be part of the solution’ to U.S. housing crisis
The housing market has become unaffordable for many buyers. The federal government says it’s working on it.
