FDA approves Merck drug sotatercept for rare, deadly lung condition
The Food and Drug Administration on Tuesday approved a drug from Merck designed to treat a progressive and life-threatening lung condition in a win for both the drugmaker and for patients suffering from the rare disease. The agency greenlighted the therapy, which will be marketed as Winrevair, for adults with pulmonary arterial hypertension. The decision […]
‘He demonizes me’: My delightful father, 95, has substantial assets. I’m afraid my right-wing brother will steal his money. What can I do?
“My brother is named executor, and he also has the sign-in passwords to all our father’s investment accounts.”
Canada Goose to cut 17% of its corporate workforce
Canada Goose parkas hang on display at a store in Richmond Hill, Ontario. Chris So | Toronto Star | Getty Images Canada Goose said Tuesday that it will cut about 17% of its corporate workforce, following a string of other retailers that have laid off employees this year as consumers continue to pull back on […]
Hyundai’s Genesis previews all-electric SUV concept, the Neolun
Genesis Neolun Concept Genesis NEW YORK – Hyundai’s Genesis is previewing the future of the growingly prominent luxury brand with a new large all-electric concept vehicle called the Neolun. The full-size SUV features a sleek exterior design illuminated by long horizontal headlights and taillights reminiscent of the brand’s current EVs, though more modern. The interior […]
Will hackers get my $3 million retirement savings if I keep it all at one investment firm?
Many people think spreading their accounts around to different institutions will keep their money safe, but that might be more trouble than it’s worth.
Here’s who could replace Calhoun at the plane maker
An aerial photo shows Boeing 737 Max airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, on March 21, 2019. Lindsey Wasson | Reuters Help wanted at Boeing. CEO Dave Calhoun on Monday announced he is stepping down from the aerospace giant’s top post at year’s end as the company struggles with […]
Microsoft is already bigger than Apple, but its ‘iPhone moment’ could be coming
Wedbush is excited about the potential for AI to give a big boost to Microsoft’s cloud business.
McDonald’s to sell Krispy Kreme doughnuts nationwide by end of 2026
McDonald’s is planning to sell Krispy Kreme doughnuts at its restaurants nationwide by the end of 2026, the chains announced Tuesday. The rollout will start in the second half of this year, but it will take roughly two and a half years as Krispy Kreme more than doubles its distribution to satisfy the partnership. For […]
Adam Neumann reportedly bids to buy back WeWork for more than $500 million
WeWork Inc.’s co-founder and former chief executive Adam Neumann has submitted a bid to buy the bankrupt company for more than $500 million, the Wall Street Journal reported late Monday.
Ford, GM, Stellantis to benefit from Biden emissions rules
President Joe Biden speaks at the United Auto Workers political convention at the Marriott Marquis in Washington, D.C., Jan. 24, 2024. Saul Loeb | AFP | Getty Images DETROIT — The Biden administration’s decision to ease its timeline for all-electric vehicle adoption and give automakers more ways to meet new tailpipe emissions standards is expected […]
