Earnings Results Boeing Stock Falls As Loss Widens
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Viking Therapeutics posts positive results for oral weight-loss drug. Analysts remain unanimous the stock’s a buy.
Data from a Phase 1 trial is the latest bullish news from the biotech that may offer cheap entry to weight-loss mania.MarketWatch - Business -
Dow Industrials, S&P 500 Dip to Start Week
Stocks were mostly lower as chip makers came under pressure, after a report that China plans to phase out U.S.-made microprocessors in government computers and servers.The Wall Street Journal - World -
Altimmune says weight loss drug minimized muscle loss in trial results, which may set it apart
The results are a sign that Altimmune can address an area of concern around weight loss drugs, which is that they shrink critical muscle mass.CNBC - Business -
Novocure’s stock surges after positive results in brain-cancer trial
Novocure Ltd.’s stock soared 15% Wednesday after the company announced positive results from a late-stage trial of a medtech device to treat patients with lung cancer that has spread to their brains.MarketWatch - Business -
Baltimore bridge collapse could result in ‘one of the largest marine losses in history’: Lloyds of London CEO
John Neal said insurers will be liable to cover the costs of the crash that saw the Francis Scott Key Bridge collapse on TuesdayMarketWatch - Business -
Viking Therapeutics stock jumps more than 15% on promising weight loss pill data
The Viking study results add to the growing excitement around the biotech company and its potential in the budding weight loss market.CNBC - Business -
FirstFT: Xi meets American CEOs as businesses seek to mend China ties
Also in today’s newsletter, Trump’s Truth Social surges on stock market debut and Baltimore bridge collapse explainedFinancial Times - World - China -
Fisker’s stock tumbles further as talks with carmaker fall through
The EV company had been in talks with a big carmaker about a potential transaction, but that company has terminated negotiations.MarketWatch - Business -
Coinbase’s stock falls after request to dismiss the SEC’s suit was denied
Coinbase’s stock fell Wednesday, after the cryptocurrency exchange said its request to dismiss the U.S. Securities and Exchange Commission’s lawsuit was denied by federal court.MarketWatch - Business -
AMC shares fall 14% after movie-theater chain announces $250 million stock sale
Shares of AMC Entertainment Holdings Inc. fell 14.3% in Thursday’s session after the movie-theater chain and original meme stock filed to sell up to $250 million of stock.MarketWatch - Business -
Boeing CEO Dave Calhoun leaving the company seen as good news for the stock
Steve Mollenkopf elected to become board chair, and will lead efforts to select next CEO.MarketWatch - Business -
This small-cap stock is expected to take off — if its weight-loss pill trial succeeds
Terns Pharma is due to release data from an early-stage trial of an obesity treatment in pill form in the second half. Positive data would send the stock higher.MarketWatch - Business -
U.S. stocks retreated for a second straight session, with the S&P 500 and Nasdaq both losing 0.3% and the Dow industrials falling 0.4%.
U.S. stocks retreated for a second straight session, with the S&P 500 and Nasdaq both losing 0.3% and the Dow industrials falling 0.4%.The Wall Street Journal - World -
NHRA Winternationals Results
64th annual NHRA Winternationals at In-N-Out Pomona DragstripABC News - Sports -
How Telehealth Widens Access to the Abortion Pill
Without telehealth, one in seven women would have to drive over 200 miles to the nearest provider.The Wall Street Journal - World - Abortion -
Louisiana Republican primary: Live results
GOP voters in Louisiana will head to the polls Saturday to cast votes in the state's primary. Former President Trump is expected to bring in all of the state's 47 Republican delegates. The GOP front-runner garnered enough votes earlier this month ...The Hill - Politics -
Louisiana Democratic primary: Live results
Democratic voters in Louisiana will head to the polls Saturday to cast votes in the state's primary. President Biden is expected to win all of the Pelican State's 48 delegates. Author Marianne Williamson, who briefly suspended her White House bid, ...The Hill - Politics -
Country Garden Delays Annual Results
The Chinese property developer has delayed the publication of financial results for 2023 and expects its stock to be put on a trading halt, adding more uncertainty to the outlook for China’s real-estate sector.The Wall Street Journal - World -
South Korea doctors’ strike widens as medical professors join protests
Some professors will submit their resignations while others will cut their hours over a government plan to boost medical school admissions. Medical professors in South Korea have said they will reduce the hours they spend in practice, while some ...The Guardian - World - South Korea -
Domestic Political Pressures Widen Divide Between Biden and Netanyahu
The war in Gaza has sorely strained relations between Israel and the United States, and the leaders of both countries have allies at home who would pull them farther apart.The New York Times - World - Joe Biden -
Eurozone Sovereign Spreads Could Widen on Higher Focus on Fundamentals
Higher-than-expected Italian and French budget deficits in 2023 and a heavy ratings calendar ahead will shift the focus to fundamentals of eurozone government bond issuers, potentially causing some yield spread widening later this year, Societe ...The Wall Street Journal - World -
Flutter Predicts Earnings Jump on U.S. Growth
Flutter Entertainment forecast earnings growth of 30% in 2024, after strong growth in its U.S. operations last year, with revenue rising 41%.The Wall Street Journal - World -
McCormick Logs Higher 1Q Sales, Earnings
The spices and flavorings company recorded higher sales and earnings in its fiscal first quarter as costs came down and higher prices offset a downtick in volumes.The Wall Street Journal - World -
McCormick Logs Higher 1Q Sales, Earnings
The spices and flavorings company recorded higher sales and earnings in its fiscal first quarter as costs came down and higher prices offset a downtick in volumes.The Wall Street Journal - Business -
Flutter Predicts Earnings Jump on U.S. Growth
Flutter Entertainment forecast earnings growth of 30% in 2024, after strong growth in its U.S. operations last year, with revenue rising 41%.The Wall Street Journal - Business -
Like it or not, Warriors have earned their mediocre status
The Warriors are on the fringe of the NBA playoffs because they’ve been inferior to the teams ahead of them in the Western Conference, writes Monte Poole.Yahoo Sports - Sports -
China Vanke Warns Earnings Could Remain Strained
China Vanke’s earnings could remain strained for some time amid the downturn of the Chinese real-estate market, which the developer said led to a sharp drop in net profit last year.The Wall Street Journal - World - China -
China Vanke Warns Earnings Could Remain Strained
China Vanke’s earnings could remain strained for some time amid the downturn of the Chinese real-estate market, which the developer said led to a sharp drop in net profit last year.The Wall Street Journal - Business - China -
UFC on ESPN 53 play-by-play and live results
Check out live play-by-play and official results from UFC on ESPN 53 in Las Vegas.Yahoo Sports - Sports - UFC -
Charity support funds loss will be 'devastating'
Support funds set up in response to the Covid-19 pandemic are due to end this month.BBC News - Top stories -
Video: Why Consumer Confidence Is Falling
The WSJ’s Dion Rabouin breaks down the latest conference board data and what consumers are saying about the economy.The Wall Street Journal - World -
Minnesota Timberwolves Sale Takes Dramatic Turn
A group led by entrepreneur Marc Lore and retired ballplayer Alex Rodriguez had been in line to buy the NBA franchise. Then the current owner spiked the deal.The Wall Street Journal - World -
The C-Suite Cleanup at Boeing
Pressure from customers and investors costs executives their jobs.The Wall Street Journal - World -
Boeing CEO steps down
Boeing CEO Dave Calhoun and its head of the commercial airplanes division, Stan Deal, are both out following a series of safety incidents with the company's planes. United Airlines is also facing scrutiny from the FAA. Kris Van Cleave has the latest.CBS News - Top stories -
Who can rescue Boeing?
David Gitlin, Stephanie Pope and Patrick Shanahan among possible contenders to succeed Dave CalhounFinancial Times - Business -
France earn opening 38-17 win over Ireland - as it happened
Watch live coverage and follow text commentary as France host Ireland in the opening game of the 2024 Women's Six Nations.BBC News - Top stories - College Football -
Cinderella Runs End for Oakland and Duquesne
As the Sweet 16 for the men’s N.C.A.A. tournament is finalized, the magic has run out for some underdog squads.The New York Times - Sports -
Playground bullies do prosper – and go on to earn more in middle age
Five-decade UK study finds that aggression at school leads to better-paying jobs, while those with emotional instability went on to earn less. Children who displayed aggressive behaviour at school, such as bullying or temper outbursts, are likely ...The Guardian - World -
Malnati with big break and great shot wins Valspar and earns trip to Masters
Peter Malnati is a PGA Tour winner again and this time is going to the MastersABC News - Sports -
How to earn 5% or more on your tax refund now
Wondering what you should do with the money from your tax refund? Here's how you can earn 5% or more on it.CBS News - Top stories