Shares of the small-cap cancer-treatment company Clovis Oncology (NASDAQ: CLVS) are having a rather volatile session today. As of 11:05 a.m. ET Thursday morning, Clovis' stock was only down by 2%. What's causing Clovis' stock to move against the broader upward trend in biotech today?
How does an everlasting Lego bouquet for Mom or a laptop marked down by over $1,000 sound?
Alphabet and Microsoft led the U.S. stock market to its first winning week in the last four and its biggest weekly gain since November. The Dow Jones Industrial Average added 0.4%, and the Nasdaq composite gained 2%. The Nasdaq composite rose 316.14 points, or 2%, to 15,927.90.
Southwest Airlines is studying changes to its quirky boarding and seating policies as it searches for ways to raise more revenue. Airline officials say they are studying possible changes but won't have anything to announce until September. CEO Robert Jordan says he is proud of Southwest's “product,” but it was developed when flights weren't as full as they are today, and customers' preferences change over time, prompting the “deep dive” into “transformational options” in boarding and seating.
Lawyers representing X in Brazil told the Supreme Court on Friday that "operational faults" have allowed users who were ordered blocked to stay active on the social media platform. Supreme Court Justice Alexandre de Moraes last week had asked the social media giant to explain why it allegedly did not fully comply with earlier rulings ordering the company, owned by billionaire Elon Musk, to block certain accounts. A report by Brazil's federal police seen by Reuters last week showed accounts on X that top courts had ordered blocked were still active on the platform by early April, being able to gain new followers and to live-stream videos.
Arne Slot’s confirmation as the next Liverpool manager now looks a formality after Feyenoord verbally agreed a compensation package with the Anfield club.
Ty Husted's remains were found by a turkey hunter on private property in northeast Mercer County in Missouri on April 23, according to police
Temporary farmworkers will have more legal protections against employer retaliation, unsafe working conditions, illegal recruitment practices and other abuses under a Labor Department rule announced Friday. The new rule, which takes effect June 28, will target abuses experienced by workers under the H-2A program that undermine fair labor standards for all farmworkers. “H-2A workers too frequently face abusive working conditions that undercut all farmworkers in the U.S.,” said Acting Labor Secretary Julie Su.
Dexcom stock plunged Friday after the company raised its sales outlook for the year, but not enough to satisfy investors.
The first core update of 2024 is now done rolling out - this was a pretty big one but it overlapped with other big changes leading to a 45% reduction in unhelpful content.
Former Oklahoma softball star Jocelyn Alo, the NCAA all-time home runs leader, signed a one-month contract with the Savannah Bananas baseball team.
Gilead stock pared its gains Friday after beating first-quarter sales forecasts on the back of its Covid treatment, Veklury.
The club made their move for the Dutchman to become Jurgen Klopp’s successor earlier this week.
NEW YORK (AP) — JPMorgan Chase CEO Jamie Dimon says he’s hopeful the Federal Reserve can bring down inflation without causing a recession but wouldn’t rule out more troubling possibilities, such as stagflation. In an interview with The Associated Press at a Chase branch opening in The Bronx, Dimon said he remained “cautious” about the U.S. economy and said inflation may be stickier for longer and that “stagflation is on the list of possible things” that could happen to the U.S. economy. “You sho
Edwards Lifesciences stock underperformed its peers on Friday, sliding on light sales of its transcatheter aortic heart-valve replacements.
Football programs across the Pac-12 have spent the spring practicing and scrimmaging, laying the groundwork for the 2024 season. Arizona, Arizona State, Utah and Colorado will be in the Big 12. Stanford and California are going to the Atlantic Coast Conference.
MONTREAL — The head of Canada's biggest trucking firm says the upcoming U.S. election is straining an already weak market for freight. Uncertainty over the outcome of the political contest this fall means some customers are holding off on shipments until the result becomes clear, Alain Bédard, chairman and CEO of TFI International Inc., said Friday. On a conference call with analysts, Bédard gave the example of a green energy company spun off from General Electric, claiming GE Vernova's wind tur
Oregon-based overland truck builder EarthCruiser has closed suddenly, ending all production and service., because of 'changing market dynamics.'
ResMed stock jumped Friday after crushing sales estimates and wiping out worries that weight-loss drugs would squeeze sleep apnea device sales.
NEW YORK (AP) — Home products retailer Williams-Sonoma will have to pay almost $3.2 million for violating a Federal Trade Commission “Made in USA” order. Williams-Sonoma was charged with advertising multiple products as being “Made in USA” when they were in fact manufactured in other countries, including China. That violated a 2020 commission order requiring the San Francisco-based company to be truthful about whether its products were in fact made in the U.S. The FTC said Friday that Williams-S
AbbVie is "firing on all cylinders," an analyst said Friday after the firm beat first-quarter estimates. But AbbVie stock fell.
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