Category: Business

The logo for Merck is displayed on a screen at the New York Stock Exchange on Nov. 17, 2021. Andrew Kelly | Reuters Merck on Thursday said its experimental treatment … Read More

Scores of Meta employees have been laid off this week, as the company embraces a new corporate culture of “efficiency” around resources and headcount. Around 100 people were impacted by … Read More

Harvard’s fundraising crisis now has a price tag: $151 million. Total philanthropic contributions fell by 14 percent in fiscal year 2024 as several billionaire donors publicly severed ties with Harvard … Read More

Anne Wojcicki wanted to run things—alone. It was 2009 and her startup 23andMe was riding high, fueled by a steady stream of venture money, intriguing personal accounts of genome exploration, … Read More

Several chipmaker stocks rallied on Thursday amid optimism over AI demand in Taiwan Semiconductor Manufacturing Company’s (TSM) blowout third quarter earnings. After underperforming the broader market earlier this week, the … Read More

Lucid Motors (LCID) stock is sliding after the EV-maker announced another capital raise via a share sale late Wednesday night, as the California-based EV maker seeks further runway ahead of … Read More

For more than 100 years, the Wilmington and Carson oil refineries have pumped out millions of barrels of gasoline, filling the thirsty cars of Southern California’s freeway-driving motorists. Now, in … Read More

         WASHINGTON – Eric Council Jr., 25, of Athens, Alabama, was arrested this morning, in Athens, in connection with a January 2024 unauthorized takeover of the U.S. … Read More

The European Central Bank cut interest rates on Thursday for the third time in about four months, as inflation in the eurozone has cooled faster than expected and economic growth … Read More

Homebuilders are feeling more confident about the housing market despite a recent sharp rise in mortgage rates. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index rose two … Read More