Business News

Hannelore Foerster/Getty Images News The European Central Bank warned investors Wednesday on the potential hazards of concentrating too much money in U.S. tech, specifically the Magnificent Seven and other artificial intelligence-related stocks. “This concentration among a few large firms raises concerns over the possibility

Sen.-elect Bernie Moreno, R-Ohio, reacts to a shocking clip from MSNBC’s ‘Morning Joe’ show earlier this week. Comcast officially announced Wednesday it would create a spin-off of several NBC networks, including left-leaning cable affiliate MSNBC, through a new company called “SpinCo.” “Comcast Corporation (NASDAQ: CMCSA) today announced its intent to create a new publicly traded … Read more

IRVINE, Calif., Nov. 20, 2024 (GLOBE NEWSWIRE) — CG Oncology, Inc. (NASDAQ: CGON), a late-stage clinical biopharmaceutical company focused on developing and commercializing a potential backbone bladder-sparing therapeutic for patients with bladder cancer, today announced that four Trials in Progress Posters highlighting cretostimogene, in addition to the recently announced late breaking abstract on BOND-003, will … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Ford plans to cut about 4,000 jobs in Europe, as the carmaker grapples with slowing demand for electric vehicles and fierce competition with Chinese rivals. The US company said on Wednesday the cuts would be … Read more

During the Great Resignation, companies couldn’t find talent fast enough. That put power in the hands of job seekers across the U.S., and led to some big wage increases. But that seems like a distant memory now. The number of open jobs in September of this year was 2 million less than the same month in … Read more

Despite the sudden rally in prices of Bitcoin following the US presidential elections earlier this month, the Union Finance Ministry has stated that the Centre will adhere to global regulations on cryptocurrencies, regardless of the current surge or hype. A source within the Finance Ministry informed Business Today that India will prioritise policies that are … Read more

MistikaS/E+ via Getty Images Equinor (NYSE:EQNR) said Wednesday it has restored full production capacity at its Johan Sverdrup oilfield in the North Sea following an outage, and is now producing steadily at normal levels. Production was halted Monday following an onshore outage that disrupted

Kristen Louelle Gaffney, Sports Illustrated model, founder and CEO of Super True is introducing parents to new snacks for children which includes few ingredients. Gaffney is hopeful she can help parents provide healthier snacks for their kids. Amid the rush of support and ridicule for the health and political movement “Make America Healthy Again” led … Read more

Joseph S. McCracken, a director at Savara Inc. (NASDAQ:), has increased his stake in the company with a recent purchase of common stock. According to a recent SEC filing, McCracken acquired 20,000 shares on November 19, 2024, at a weighted average price of $2.9536 per share, resulting in a total transaction value of $59,071. Following … Read more