Another promising Alzheimer’s drug trial ends in failure: ‘This one hurts’

Eisai, which is partnering with Biogen Inc (NASDAQ: BIIB ) on Alzheimer's research, announced the initiation of a global Phase 3 clinical study Thursday, dubbed Clarity AD/Study 301, of BAN2401, which is being evaluated in patients with early... More..

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BEER BATTLE BREWS: MillerCoors sues Anheuser-Busch over corn syrup ads
by | Saturday, March 23, 2019

BEER BATTLE BREWS: MillerCoors sues Anheuser-Busch over corn syrup ads

Chicago-based MillerCoors accused Anheuser-Busch of trying to trick consumers into thinking MillerCoors products contain high fructose corn syrup. Corn syrup is a fermentation aid used by several brewers ,...More..

Fox Entertainment Shows Off ‘Fresh Start’ in Promo After Sell-Off to Disney
by | Saturday, March 23, 2019

Fox Entertainment Shows Off ‘Fresh Start’ in Promo After Sell-Off to Disney

The mega-deal sees Disney absorbing the Fox film and TV studios, the FX networks , National Geographic and Indian TV giant Star India in a huge boost to its content. Disney CEO Bob Iger has previously spo...More..

Briefing: Tesla sues former employee for sharing trade secrets with XPeng
by | Saturday, March 23, 2019

Briefing: Tesla sues former employee for sharing trade secrets with XPeng

Tesla alleges that these information was used for Zoox's advantage. Tesla filed lawsuits Wednesday against 4 former employees and their new employer, Zoox, accusing them of stealing Tesla trade secrets. Zoo...More..

Levi Strauss goes public for the second time at $17 per share
by | Saturday, March 23, 2019

Levi Strauss goes public for the second time at $17 per share

The shares were priced Wednesday at $17 and opened for trading Thursday at $22.22, a gain of 31 percent. The market is expected to grow at a compound annual growth rate of 2pc until 2023. The line-up also inc...More..

CVS now selling products infused with CBD
by | Saturday, March 23, 2019

CVS now selling products infused with CBD

CVS said the products comply with applicable laws. Bloomberg reported that during the fourth-quarter earnings call, Curaleaf's management stated that CVS Health ( CVS ) will sell its CBD products from mo...More..

Papa John's turns to Shaq to help fix image
by | Saturday, March 23, 2019

Papa John's turns to Shaq to help fix image

The four-time National Basketball Association champion and current sports analyst will also be a brand ambassador for the company and has agreed to invest in nine Papa John's locations in the Atlanta area. ...More..

Volvo puts drunk drivers on notice
by | Saturday, March 23, 2019

Volvo puts drunk drivers on notice

This follows Volvo's recent announcement that it will be limiting the top speed on all of its vehicles to 112 miles per hour in a bid to reduce traffic fatalities. Early next decade, driver monitoring camer...More..

GM to invest $300 million into Orion Plant
by | Friday, March 22, 2019

GM to invest $300 million into Orion Plant

The Orion plant builds the Chevrolet Bolt EV and Chevrolet Sonic subcompact. The production of GM's new electric vehicle had been scheduled to be outsourced outside of the United States. The $300 million ...More..

Full Speed Ahead for Crude Prices Due to OPEC Defying White House
by | Friday, March 22, 2019

Full Speed Ahead for Crude Prices Due to OPEC Defying White House

Yesterday, Brent crude touched a four-month high of US$67.61 per barrel, amid expectations that the Organization of the Petroleum Exporting Countries ( OPEC ) would continue production cuts through to the e...More..

Ford to spend $900M on EV, autonomous vehicle production
by | Friday, March 22, 2019

Ford to spend $900M on EV, autonomous vehicle production

The Flat Rock plant now builds the Mustang muscle vehicle and the Lincoln Continental luxury auto, which has a murky future because Ford has announced it intends to stop selling all cars in the USA but the ...More..

Big cow tests animal store Petco's 'all leashed pets are welcome' policy
by | Friday, March 22, 2019

Big cow tests animal store Petco's 'all leashed pets are welcome' policy

The two men brought their leashed steer to a Houston-area Petco. Petco has since responded to the event saying on Facebook , "We mean it when we say ALL leashed pets are welcome in our stores". Their unusua...More..

European Union leaders agree to Brexit delay plan
by | Friday, March 22, 2019

European Union leaders agree to Brexit delay plan

Supporters wrote on Twitter that the petition showed the strength of feeling against May's strategy while backers of Brexit said it needed to attract more signatures than the 17.4 million people who voted...More..

Facebook Drops Targeting Options for Ads Following Dispute
by | Thursday, March 21, 2019

Facebook Drops Targeting Options for Ads Following Dispute

The allegations claimed Facebook's ad systems excluded certain people from seeing housing , employment and credit ads based on their age , gender or race . Facebook unveiled major changes to how it u...More..

Powerball results for 03/16/19; did anyone win the $492 million jackpot?
by | Thursday, March 21, 2019

Powerball results for 03/16/19; did anyone win the $492 million jackpot?

Now, the prize for Wednesday's drawing is up to an estimated $550 million. Saturday's winning numbers were 30, 34, 39, 53, 71. The $495 million figure is the highest in seven months when October's frenzy reac...More..

Dow drops more than 100 points amid Fed announcement
by | Thursday, March 21, 2019

Dow drops more than 100 points amid Fed announcement

But with unemployment falling and wages finally moving higher, inflation might rear its head as soon as the summer, compelling the Fed to act, economists caution. Fed funds futures contracts began pricing in ...More..

Singapore, Hong Kong, and Paris Tied as the World's Most Expensive Cities
by | Wednesday, March 20, 2019

Singapore, Hong Kong, and Paris Tied as the World's Most Expensive Cities

Istanbul kept its place as the most populous in the country and its population has grown by 907,257 people in five years, according to a recent study by the United Nations Population Fund. Move over Singapore ...More..

Trump is putting pressure on GM to reopen OH plant
by | Wednesday, March 20, 2019

Trump is putting pressure on GM to reopen OH plant

GM didn't immediately respond to requests for comment Sunday. The Lordstown closure has become a hot-button issue in an area of OH that is expected to be critical for Mr. Trump has skewered several other USA ...More..

European Union hits Google with $1.69bn fine for abusing online ads market
by | Wednesday, March 20, 2019

European Union hits Google with $1.69bn fine for abusing online ads market

In 2009, Google replaced the requirement with another strategy - "relaxed exclusivity" - which allowed rival adverts to be run, but controlled how they were placed, preventing them from being on "the most profi...More..

Dollar briefly hits upper 111 yen ahead US Federal Reserve's outcome
by | Wednesday, March 20, 2019

Dollar briefly hits upper 111 yen ahead US Federal Reserve's outcome

That was partly due to its appeal as a safe-haven asset, analysts said, pointing to a Bloomberg report published late on Tuesday that said some US officials expressed concern that China was pushing back against...More..

Lyft expects to raise as much as $2 billion in IPO
by | Wednesday, March 20, 2019

Lyft expects to raise as much as $2 billion in IPO

The company will offer a little more than 30 million shares, and the IPO range is now set between $62 and $68 a share. That would raise more than $2 billion for the San Francisco ride-hailing company, which c...More..

USA jury finds Roundup caused man's cancer
by | Wednesday, March 20, 2019

USA jury finds Roundup caused man's cancer

The unanimous decision in the US District Court in California found Roundup caused 70-year-old Edwin Hardeman to develop non-Hodgkin's lymphoma after he used it for almost 30 years to control weeds on his prope...More..

Aviation Ministry to hold emergency meet on Jet Airways' grounding of planes
by | Wednesday, March 20, 2019

Aviation Ministry to hold emergency meet on Jet Airways' grounding of planes

In what may spell further trouble for Jet Airways, the pilots of the cash strapped airline have threatened to stop flying from April 1 if the resolution plan is delayed and pending salaries are not cleared by t...More..

Musk defense
by | Tuesday, March 19, 2019

Musk defense "borders on the ridiculous", SEC tells court

Hours later, Musk followed up with another tweet clarifying that Tesla was aiming to achieve an annualized production rate of 500,000 cars (10,000 per week) but was projecting 400,000 cars produced during the...More..

Paris, Singapore and Hong Kong tie as world's priciest cities
by | Tuesday, March 19, 2019

Paris, Singapore and Hong Kong tie as world's priciest cities

Asian and European cities dominate the list of 10 cities-compiled by evaluating the cost of 160 items, from beer to utility bills to transportation to rent, in 133 cities worldwide-though two U.S. Meanwhile Tur...More..

Fisker relaunches Tesla rivalry with $40k electric car
by | Tuesday, March 19, 2019

Fisker relaunches Tesla rivalry with $40k electric car

Fisker says the new model is a "futuristic, elegant muscular EV". The luxurious SUV is the first in an upcoming line-up of three affordable all-electric vehicles created by renowned American automotive indus...More..

Anil Ambani thanks Mukesh, Nita for timely support in clearing RCom dues
by | Monday, March 18, 2019

Anil Ambani thanks Mukesh, Nita for timely support in clearing RCom dues

In its statement on the Ericsson payment, Anil Ambani thanked his billionaire brother "for standing by me during these trying times, and demonstrating the importance of staying true to our strong family values ...More..

Trump Races To Reopen GM Plant Ahead Of Ohio Visit
by | Monday, March 18, 2019

Trump Races To Reopen GM Plant Ahead Of Ohio Visit

The President sent a Tweet late Saturday afternoon saying GM must get the Lordstown plant open "fast!" Trump said. "I want jobs to stay in the United States of America and want Lordstown (Ohio), in one of the b...More..

Crude futures reach four-month highs
by | Monday, March 18, 2019

Crude futures reach four-month highs

After oil prices had a rollercoaster ride at the end of past year, OPEC + agreed to cut production by 1.2 mbd in January to June. U.S. West Texas Intermediate and international-benchmark Brent crude oil fu...More..

CBOE Future Exchange (CFE) Restricted Bitcoin Futures Temporarily
by | Monday, March 18, 2019

CBOE Future Exchange (CFE) Restricted Bitcoin Futures Temporarily

They mentioned " CFE is assessing its approach with respect to how it plans to continue to offer digital asset derivatives for trading. While it considers its next steps, CFE does not now intend to list addi...More..

Jaguar Land Rover to recall 44,000 vehicles over excessive diesel emissions
by | Sunday, March 17, 2019

Jaguar Land Rover to recall 44,000 vehicles over excessive diesel emissions

Both petrol and diesel models are included in the recall. JLR also declared that it shall be contacting the owners of the affected vehicles in order to arrange free-of-charge repairs. "Jaguar Land Rover must ...More..

Ride-hailing: Investors could pump $1 bn into Uber self-driving cars
by | Sunday, March 17, 2019

Ride-hailing: Investors could pump $1 bn into Uber self-driving cars

Toyota , SoftBank investors likely to invest $1 billion into Uber's self-driving vehicle unit, which would esteem the unit at $5 billion to $10 billion, said two individuals acquainted with the discussions. H...More..

United Kingdom watchdog puts Brexit war chest at £26.6b
by | Saturday, March 16, 2019

United Kingdom watchdog puts Brexit war chest at £26.6b

But this depends on a Brexit deal being completed in the next few weeks and the "uncertainty that is hanging over our economy lifted". Philip Hammond referred to the British economy as "remarkably robust" dur...More..

Passenger left 'shaking' after being told to cover up on Birmingham flight
by | Saturday, March 16, 2019

Passenger left 'shaking' after being told to cover up on Birmingham flight

She said that her cousin gave her cousin, who was travelling in the same flight. Thomas Cook says its policy states that passengers who wear inappropriate attire "will not be permitted to travel unless a chan...More..

Tesla has shared new photos of the crossover Model Y
by | Saturday, March 16, 2019

Tesla has shared new photos of the crossover Model Y

Musk also said the Model Y "baby SUV" will use the same battery as the Model 3 but get less range because of its increased weight and size. A few stores in high visibility locations that were closed due to ...More..