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Amgen ‘very encouraged’ by data from weight-loss-drug trial, as stock jumps
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Roche says weight loss drug shows promising results in early trial
The weekly injection helped patients with obesity lose 18.8% of their weight relative to those who received a placebo, after 24 weeks in the phase one trial.CNBC - Business -
Unified API Recall pulls conversational data from Zoom and Google Meet to power AI bots
Since its launch, Recall has roped in over 300 companies from different industries, ingesting millions of hours of conversational data and powering downstream AI applications.VentureBeat - Tech - Google -
Roche Climbs After Weight-Loss Drug Shows Efficacy
Roche Holding said its weight-loss drug candidate achieved positive results in an early-stage trial, giving the company a boost in its bid to catch up to Novo Nordisk and Eli Lilly in a class of medicines that has shaken up everything from pharma ...The Wall Street Journal - Business -
FDA Approves Amgen Drug for Persistently Deadly Form of Lung Cancer
The treatment is for patients with small cell lung cancer, which afflicts about 35,000 people in the U.S. a year.The New York Times - Science - FDA
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ECB’s Schnabel lobbies against back-to-back rate cuts
European Central Bank board member Isabel Schnabel pushed back on the idea of back-to-back interest rate cuts, saying inflation risks are still tilted to the upside.MarketWatch - Business -
Citron Research’s Andrew Left says he is shorting GameStop again after his 2021 short flopped
The short seller said he has started betting against GameStop this week after its share price surged on excitement over social media posts by Roaring KittyMarketWatch - Business -
Shift in market environment makes ‘accident’ more likely, says Nomura pro
Markets are returning to the traditional relationship between stocks and volatility that leaves markets more prone to an accident, according to one market observer.MarketWatch - Business -
China eases mortgage rules in latest push to aid property sector
China’s financial regulators said Friday that they would remove the mortgage rate floors for first and second homes, and lower minimum downpayment ratios for first-time homebuyers.MarketWatch - Business - China -
‘I’m weary of repeating myself’: How do I deal with rich friends who take $22,000 cruises and book $800 hotel rooms? Prices are crazy enough already.
“When one friend made a fuss over wanting to fly business class, I threatened to cancel completely.”MarketWatch - Business