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Week In Review: GenFleet Out-Licenses Three Candidates To Verastem In $625 Million Deal
Article By:
ChinaBio® Today
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Saturday, September 2, 2023 1:59 PM EDT
Shanghai GenFleet Technologies partnered three preclinical small-molecule candidates for RAS pathway-driven cancers to Verastem Oncology in a deal that could be worth up to $625.5 million. GenFleet will receive an initial payment of $11.5 million.
Mapped: The Richest Billionaires In U.S. States
Article By:
Jeff Desjardins
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Thursday, August 31, 2023 9:31 AM EDT
The number of billionaires in the U.S. increased 5% compared to last year, going up to 775. The richest of the rich are concentrated in states like Texas, California, and New York, but there is almost one billionaire in every single state.
Apple To Announce IPhone 15: Key Rumors And The Curious Case Of Missing AI
Article By:
Shelly Palmer
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Wednesday, August 30, 2023 9:05 AM EDT
Apple’s September 12 event is on every tech enthusiast’s calendar. As we gear up for the announcements, let’s dissect the rumors… and see what’s missing.
In this article: AAPL
How Luxury Brands Are Using Blockchain Tech, AI To Fight Counterfeits
Article By:
The Tokenist
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Wednesday, August 30, 2023 8:33 AM EDT
Luxury brands are using cutting-edge technologies such as blockchain and AI to fight back against counterfeits. Prada Group, the parent company of Miu Miu, has invested in high-tech methods to track its luxury goods.
LG To List AI-Powered ETF In US With New Partnership
Article By:
The Tokenist
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Tuesday, August 29, 2023 10:04 AM EDT
LG teamed up with Qraft to launch an AI-powered ETF in the US that will encompass around 100 large-cap stocks.
In this article: LGEIY
UAW Gearing Up For A Strike, It Could Be Long And Nasty
Article By:
Mish Shedlock
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Tuesday, August 29, 2023 9:36 AM EDT
The UAW and the auto makers are miles apart on a new contract. UAW president President Shawn Fain has demands that would likely bankrupt the industry.
Laos Suspends Electricity For Crypto Miners Amid Drought, Missed Payments
Article By:
The Tokenist
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Monday, August 28, 2023 9:03 AM EDT
Laos experienced a severe drought in the first half of 2023, resulting in increased demand for electricity power.
China Makes Its Stock Market More Lucrative For Investors
Article By:
The Tokenist
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Monday, August 28, 2023 8:28 AM EDT
Chinese benchmark stock index CSI 300 rose 1.2% on Monday as rules change for the country's financial markets. However, issues troubling the economy persist and will likely not be resolved by such stop-gap measures.
In this article: EGRNF
Existing Home Sales On Track To Reach A 13-Year Low
Article By:
Christophe Barraud
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Monday, August 28, 2023 3:30 AM EDT
After rebounding earlier this year, existing home sales fell for a second straight month in July. The correction is likely to continue in the coming months as existing home inventory remains depressed and demand is weakening.
Airline Stock Roundup: American Airlines' Bearish Q3 Cost View, Allegiant's July Traffic Report
Article By:
Zacks Investment Research
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Sunday, August 27, 2023 3:25 PM EDT
In the past week, American Airlines received encouraging tidings on the labor front when the company’s pilots approved a four-year deal pertaining to a wage increase. Meanwhile, Allegiant Travel's traffic report for the month of July was impressive.
Twelve Ways To Help Fix The World
Podcast By:
Felix Salmon
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Sunday, August 27, 2023 9:37 AM EDT
Felix Salmon, Emily Peck, and Elizabeth Spiers speak with author and academic Bjorn Lomborg about his latest book, “Best Things First”. How does Bjorn’s advice differ from effective altruism? And where should you donate your own money?
The Economic Pulse: Understanding Labor, BRICS, Retail Investment, And More
Article By:
Chris Svorcik
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Sunday, August 27, 2023 9:00 AM EDT
Here’s a panoramic look at some of the defining economic developments shaping our world today, including the expansion of the BRICS coalition and the growth of retail investment in options, among others.
The Sunshine State Runs On Natural Gas
Article By:
Simon Lack
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Sunday, August 27, 2023 7:53 AM EDT
If you google “Florida solar” or “Florida natural gas”, both searches return around 150 million results. NextEra Energy, which owns Florida Power and Light, the utility that covers much of the state, is targeting zero emissions by 2045.
In this article: NEE
Structured Notes Are Financial Fairy Tales
Article By:
Alpha Architect
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Sunday, August 27, 2023 7:17 AM EDT
Wall Street’s product machine is continuously pumping out fairy tales. Their product innovations can also be called fanciful tales of legendary deeds. The only difference is that they are intended for adults.
