life sciences
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Tesla Loses Top Spot in Cathie Wood’s Flagship Fund. This Stock Is the New No. 1.
Cathie Wood Courtesy of ARK ARK Invest founder Cathie Wood is a long-time Tesla bull. Her 2026 price target for…
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Bavarian Nordic shares surge on order for monkeypox vaccine amid Europe outbreaks; one case in the U.S
Shares of a Danish pharmaceutical group surged on Thursday after the company received an order for its vaccine to treat…
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Abbott, FDA reach deal to resume making baby formula at U.S. plant amid shortage
Abbott Laboratories and the Food and Drug Administration reached a deal Monday to restart production of baby formula at a…
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Early human species nicknamed hobbit ‘could still be alive today’
An ancient human ancestor believed to have gone extinct thousands of years ago may still be alive somewhere in the…
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Scottish boxing champs ‘guinea pigs’ for Abertay University scientists
Two of Scotland’s top boxers are acting as guinea pigs for a team of Abertay University researchers. World champions Hannah…
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Merck KGaA 1Q After-Tax Pft EUR884M
By Xavier Fontdegloria Merck KGaA said Thursday that it expected higher profit and sales for 2022 after earnings and revenue…
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Businesses Seek to Soften SEC Cyber Rules
Companies including Chevron Corp. , Quest Diagnostics Inc. and Ernst & Young LLP are pushing to narrow proposed cybersecurity rules…
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Dow soars almost 900 points, stocks rally after Fed fires off biggest rate hike since 2000
U.S. stock indexes jumped Wednesday afternoon, after the Federal Open Market Committee delivered the first 50 basis-point interest rate hike…
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U.S. stocks mixed as market awaits possibly the biggest Fed rate hike since 2000
U.S. stock indexes were mixed in choppy trade Wednesday morning, ahead of the outcome of a two-day Federal Open Market…
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EY hit with £2bn lawsuit over NMC Health audits
Big Four auditor EY has been hit with a lawsuit by the administrators of collapsed FTSE-100 healthcare business NMC Health.…
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AstraZeneca 1Q Rev $11.39B
By Cecilia Butini AstraZeneca PLC said Friday that it expects sales of its Covid-19 medicines, including its vaccine, to decline…
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Fauci says U.S. ‘out of the pandemic phase,’ but COVID will never be fully eradicated
““We are certainly right now in this country out of the pandemic phase. Namely, we don’t have 900,000 new infections…
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JPMorgan sued by Ray-Ban for failing to catch $272m theft
The eyewear company that owns Ray-Ban and LensCrafters has sued JPMorgan, accusing it of failing to notice that thieves had…
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Novartis 1Q Net Pft $2.22B
By Cecilia Butini Novartis on Tuesday posted rising earnings and sales for the first quarter of the year as its…
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Why is the stock market falling? Dow drops over 500 points as investors weigh Fed’s policy path, earnings
U.S. stocks fell sharply Friday, as investors continued to weigh hawkish comments on interest rates by Federal Reserve Chairman Jerome…
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As Putin eyes a date to declare victory, here’s a Ukraine scenario that could slam stocks by another 10%
Stocks are set to get a major bump on Thursday, thanks to blowout results from Tesla, which go some way…
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Dundee’s world-class life sciences sector praised by city council leader
Dundee’s world class life sciences sector has been praised by the city council leader. John Alexander said that while many…
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CDC to extend travel mask requirement for 2 weeks amid rising COVID cases
WASHINGTON (AP) — The Biden administration will extend for two weeks the nationwide mask requirement for public transit as it…
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Spectacular dinosaur show heading to Dundee sending young T-Rex fans wild
The UK’s most spectacular dinosaur show is coming to Dundee this weekend. Jurassic Earth is bringing 43 full-size species along…
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Philadelphia becomes first big U.S. city to reinstate face masks, as U.S. daily COVID cases climb 10% from two weeks ago
Philadelphia has become the first big U.S. city to reinstate its indoor face-mask mandate after COVID-19 cases rose more than…
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Here’s one way to potentially get more from a 60/40 portfolio
So far, 2021 hasn’t been a great year for either side of the conventional 60/40 portfolio. Stocks, as measured by…
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Trading Places: Linklaters and Freshfields promote partners, Citi eyes healthcare deals
Law firm promotion season was in full swing this week. Linklaters made up 41 lawyers to its partnership, including 17…
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Why Bill Ackman is quitting the short-selling game
William Ackman said he is saying goodbye to the activist short-selling game. Ackman, the founder and chief executive of Pershing…
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Citigroup takes on six senior dealmakers in healthcare hiring spree
Citigroup has hired six managing directors to cover the healthcare sector, a key focus of the bank as it looks to add…
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Solar storm warning as stream of ‘charged particles’ headed for Earth
A solar storm could be arriving amid a stream of solar winds, space weather forecasts have warned. NASA images taken…
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KPMG set to face £15m legal claim over negligent Quindell audit
KPMG could be hit this month with a £15m legal claim stemming from its audit of insurance outsourcer Quindell’s 2013…
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Trading Places: Compton takes IB reins at Barclays, BNP Paribas lands ECM banker
Here’s this week’s roundup of who is changing jobs at the top of the City. Barclays named Paul Compton as…
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New flock of private equity investors migrates to Africa as fundraising recovers from Covid dip
The private equity fundraising frenzy has spread to all corners of the globe. This month, it reached Africa. Development Partners…
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This development may fully reopen the global economy — and the stock market has mostly ignored it
The buzz surrounding the potential for the antiviral drug from Merck & Co. MRK, -0.43% and Ridgeback Biotherapeutics is hot…
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Opinion: What does a strong reaction to a COVID-19 vaccine mean?
If someone gets a headache or feels a bit under the weather after receiving a COVID-19 vaccine, it’s become common…
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