Novartis AG said on Wednesday it replaced the two top research and development executives at its Avexis unit after some data was manipulated from early testing of a gene therapy for infants that costs more than $2 million.
The U.S. Treasury yield curve temporarily inverted on Wednesday for the first time since June 2007 in a sign of investor concern that the world’s biggest economy could be heading for recession.
Oil prices shed 3% on Wednesday after fresh Chinese and European economic revived global demand fears and U.S. crude inventories rose unexpectedly for the second week in a row.
Equity markets tanked and oil prices fell sharply on Wednesday after a closely watched bond indicator pointed to the growing risk of a U.S. recession that was heightened by data showing Germany’s economy in contraction and China’s worsening.
WeWork owner The We Company published detailed financial statements for the first time on Wednesday, revealing breakneck revenue growth and soaring losses, as it prepares for an initial public offering as early as next month.
In 2017, Kiplinger ranked Georgia as the 10th most tax friendly state for retirees. As a result, many people began to consider the Peach State as a viable retirement option. Below is a list of the best places to retire in Georgia in 2019.
Why is Georgia One of The Best Places to Retire?
In terms of tax friendliness, Georgia does not tax social security for retirees. And for those 65 and older, the state also provides a deduction of $65,000 per person on all types of retirement income. However, these aren’t the only factors that should play into your decision. It’s …read more […]
Sierra Nevada Corp, a privately owned defense contractor with spaceflight ambitions, said on Wednesday it picked United Launch Alliance’s Vulcan rocket to launch its Dream Chaser space plane on cargo missions to the International Space Station.
Wall Street stumbled on Wednesday as investors fled equities for safe-haven assets, seeking shelter amid gathering signs that a recession could be on the horizon.
I spend a lot of time thinking about money. That shouldn’t come as a shock. After all, I spend most of my time writing about investing in startups, crypto and cannabis stocks. And investing is all about making money.
But even before I joined Early Investing, I spent much of my time thinking about money. That’s because I worked in industries where digital payments were the key to success. And when you rely on digital payments, you worry about how people will pay for services – and how money moves around the payments ecosystem.
And, to put it charitably, the payments ecosystem …read more […]
Osram and AMS said on Wednesday that talks about a takeover of the German lighting group by the Austrian sensor maker were progressing.
Austrian sensor specialist AMS plans to buy Osram Licht in a deal that would value the bigger, German group at 4.3 billion euros ($4.8 billion).
Ford Motor Co said on Wednesday it was extending warranties on clutch and related hardware in 560,000 Focus and Fiesta cars in the United States and Canada after reports of problems with their six-speed transmission.
With global markets flashing concern about the fallout from the U.S.-China trade war and the near-term strength of the American economy, U.S. President Donald Trump on Wednesday targeted Federal Reserve policy as the culprit for recent market turmoil.
The U.S. Treasury yield curve inverted on Wednesday for the first time since June 2007, in a sign of investor concern that the world’s biggest economy could be heading for recession.
China has severely restricted imports of gold since May, bullion industry sources with direct knowledge of the matter told Reuters, in a move that could be aimed at curbing outflows of dollars and bolstering its yuan currency as economic growth slows.
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