Toshiba making preparations for sale of stake in chip business Toshiba making preparations for sale of stake in chip business:- Japan’s Toshiba Corp (6502.T) has begun preparations to sell a minority stake in its core chip business, people with knowledge of the matter said, as it urgently seeks funding to […]
Fed’s Yellen says unwise to allow U.S. economy to run hot Fed’s Yellen says unwise to allow U.S. economy to run hot:- With monetary policy still modestly accommodative, the U.S. central bank should continue to raise interest rates slowly or risk harm to the recovery the Fed has sought to […]
China GDP beats expectations but debt risks loom China GDP beats expectations but debt risks loom:- China’s economy grew a faster-than-expected 6.8 percent in the fourth quarter, boosted by higher government spending and record bank lending, giving it a tailwind heading into what is expected to be a turbulent year. […]
For stock performance under Trump, don’t look to prior transitions For stock performance under Trump, don’t look to prior transitions:- As he is sworn in as the 45th U.S. president on Friday, Donald Trump will mark one of the best performances for the American stock market for any presidential transition […]
Asian stocks, dollar drop as Trump caution outweighs China GDP Asian stocks, dollar drop as Trump caution outweighs China GDP:- Caution prevailed in financial markets on Friday ahead of U.S. President-elect Donald Trump’s inauguration, even as China’s economic growth beat expectations and Federal Reserve Chair Janet Yellen toned down her […]
U.S. judge delays Texas plan to cut Planned Parenthood funding U.S. judge delays Texas plan to cut Planned Parenthood funding:- A U.S. judge issued a temporary restraining on Thursday halting Texas’ plan to cut Medicaid funding for Planned Parenthood to give him more time to consider thousands of pages of […]
Bristol won’t seek faster Opdivo/Yervoy lung cancer approval Bristol won’t seek faster Opdivo/Yervoy lung cancer approval:- Bristol-Myers Squibb Co on Thursday said it has decided not to seek accelerated U.S. approval for a combination of its two immunotherapy drugs as an initial treatment for lung cancer. Shares of Bristol, which […]
Seeing e-cigarettes may boost desire to smoke Seeing e-cigarettes may boost desire to smoke:- Newer versions of e-cigarettes known as vape pens may not look much like traditional cigarettes, but seeing someone use these devices still sparks a desire to smoke, a recent study suggests. Like other types of e-cigarettes, […]
U.S. health agency tells Grassley there is no Epi Pen deal yet U.S. health agency tells Grassley there is no Epi Pen deal yet:- Mylan NV has yet to reach a settlement with the U.S. Department of Justice over the classification in the Medicaid program of its life-saving EpiPen allergy […]
Trump Nominees Make Clear Plans to Sweep Away Obama Policies Trump Nominees Make Clear Plans to Sweep Away Obama Policies:- President-elect Donald J. Trump’s cabinet nominees, while moderating some of their stances, have made it clear during two weeks of hearings that they intend to work hard to sweep away […]