Wall Street Journal Bristol Myers: Opdivo Failed to Meet Endpoint in Key Lung-Cancer StudyWall Street JournalA cancer drug's surprise failure in a clinical trial wiped $20 billion off Bristol-Myers Squibb Co. BMY -15.99 % 's market value Friday, and raised questions about one of the industry's hottest research areas: drugs that harness the body's immune […]
Washington Post Donald Trump's new team of billionaire advisers could threaten his populist messageWashington PostRepublican presidential candidate Donald Trump on Friday announced a new team of ultra-rich financiers and businessmen as his core economic advisers, a move that brings high-profile names to his inner circle but also may step on his populist claims to …Bartiromo: An […]
Business Insider PwC must face $1 billion MF Global lawsuit: US judgeBusiness InsiderNEW YORK (Reuters) – A federal judge has rejected PricewaterhouseCoopers' bid to dismiss a $1 billion lawsuit claiming that its bad accounting advice helped cause the October 2011 bankruptcy of MF Global Holdings Ltd, a brokerage once run by former … and more » Subscribe […]
USA TODAY 30000 American Airlines workers to get 22% pay hikesUSA TODAYAmerican Airlines reached an interim contract with 30,000 ground workers in a deal that union officials said would deliver an average pay raise of 22%. The agreement between American Airlines (AAL) and the TWU-IAM Association, announced Friday, …American Airlines hands out double-digit pay raises to […]
TheStreet.com First Solar cuts profit guidance after chargeMarketWatchA failed bet on a solar panel technology spurred First Solar Inc. on Wednesday to report a sharp drop in second-quarter profit and cut its profit guidance for the year. The company last month said it would stop making solar panels that use crystalline …First Solar (FSLR) Mark […]
KRON4.com New security flaw in credit card chips revealedKRON4.com(KRON) — Researchers said there could be a serious security flaw with chip-based credit cards, according to CNN Money. The concern is over the cards' magnetic strip, which is intended to tell a payment machine to use the chip. But researchers said … and more » Subscribe to […]
Reuters Sterling firm as BoE rate call looms, Asian shares boosted by oilReutersSINGAPORE/TOKYO The British pound edged up on Thursday as investors counted on the Bank of England to cut interest rates to a record low, while a rebound in oil prices from four-month lows lifted Asian stocks. The sterling rose 0.1 percent to $1.3340 …European […]
Bloomberg Musk Declares Tesla Free From Factory Hell With Targets IntactBloombergAfter a tumultuous summer at Tesla Motors Inc., Elon Musk spent most of his time on an earnings conference call assuring investors that his grand plans are intact despite missing expectations for sales and earnings in the quarter. Musk, whose financial …Tesla misses Wall Street […]
New York Daily News Time Warner invests $584M in streaming service HuluNew York Daily NewsNEW YORK — In another win for cable cord-cutters, Time Warner has become the latest media company to invest in streaming service Hulu. The move could boost the viability of an online TV service that Hulu is expected to launch next […]
CNNMoney Fox News voice not changing despite Ailes' departure, but questions lingerCNNMoneyThe Murdochs are sidestepping many of the questions swirling around Fox News in the wake of Roger Ailes' resignation. But they're being clear about one thing: Fox will retain Ailes' conservative view of the world. On a quarterly earnings call Wednesday …Murdochs say the positioning […]