Rezvani is an interesting automotive designer and manufacturer you may not have heard of. This California-based car company started in 2013 with the Beast street-legal racecar, and now it specializes Read more
Tag: Healthcare
Merck deal for Seagen unlikely to be finalized ahead of earnings later this month, sources say
Merck & Co.’s roughly $40 billion deal for Seagen Inc. is unlikely to be finalized ahead of the pharmaceutical giant’s earnings later this month, though the talks remain on track, Read more
Investors piling into health-care ETFs points to defensive bets, ‘bottom-fishing’ in biotech
Hello! In this week’s ETF Wrap, health-care ETFs take the spotlight as investors get defensive amid recession fears. But inflows also show that some investors may be “bottom-fishing” for beaten Read more
FDA approves Novavax’s COVID-19 vaccine for those 18 and older
U.S. health regulators have authorized the use of Novavax Inc.’s COVID-19 vaccine, providing a new option that works differently than the two leading vaccines, but at a time when overall demand for vaccines and Read more
Caesars, SeaWorld downgraded on ‘waning’ confidence in ability to withstand looming recession
Shares of Caesars Entertainment Inc. and SeaWorld Entertainment Inc. slumped Wednesday after downgrades from KeyBanc analyst Brett Andress, who cited growing concerns over the companies’ prospects as a potential economic Read more
Manchin, key to Democrats’ budget deal, sounds inflation alarm after hot CPI report
Sen. Joe Manchin, who’s key to congressional Democrats’ economic-policy efforts, on Wednesday sounded the alarm over inflation in the wake of a hotter-than-expected consumer-price reading for June. The West Virginia Read more
Ways to use tech in caring for an aging loved one, and apps that can help
This article is reprinted by permission from NextAvenue.org. Crystal Bailey, who lives in the Chicago area, noticed that her 86-year-old mother Editha Walker had begun to have problems managing technology. “As Read more
Ramesh ‘Sunny’ Balwani former Theranos president found guilty on all 12 fraud charges
SAN JOSE, Calif.— A federal jury convicted Ramesh “Sunny” Balwani, the former top lieutenant to Theranos Inc. founder Elizabeth Holmes, on all 12 charges that he helped perpetuate a yearslong fraud scheme Read more
This strategist warned investors not to chase momentum at the top. Now he says it’s time to be a contrarian.
Michael Darda, chief economist and market strategist at MKM Partners, was no fan of the stock market when it was registering record highs. “Blinded by liquidity and false expectations of Read more
A new kind of 55+ community is wooing residents with wellness, nature and cultural connections
In 2008, Janice Barton was vacationing at Serenbe, a biophilic, or nature-centered, community in the Chattahoochee Hills about 30 miles outside of Atlanta. She fell in love with the village’s English-style Read more