Earlier this month, Merck (NYSE: MRK) announced it was ending clinical trials of its antiviral pill candidate for treating COVID-19, molnupiravir, on account of the potential therapy's high level of effectiveness. Take Gilead Sciences' (NASDAQ: GILD) antiviral drug, remdesivir. Will Merck's drug follow a similar or better path?
Supporters of the Theodore Roosevelt Presidential Library in North Dakota are cheering new federal legislation to help build the library and to showcase artifacts of the 26th president, who as a young man hunted and ranched in the state during its territorial days. Last week, North Dakota's three-member, all-Republican congressional delegation announced the bill to “authorize funding for the Library’s continued construction and go towards ensuring the preservation of President Roosevelt’s history and legacy.” The bill's Interior Department grant is for $50 million of one-time money, most of which “will go into creating the museum spaces in our facility," said Matt Briney, the library's chief communications officer.
Former U.S. Rep. George Santos on Tuesday said he is dropping his longshot bid to return to Congress, months after he was expelled from the House while facing a slew of federal fraud charges. Santos, who was running as an independent candidate for the 1st Congressional District in New York, said he was withdrawing from the race in a post on the social media platform X. The announcement came after the disgraced former congressman's campaign committee reported no fundraising or expenditures in March, raising speculation that his campaign had failed to get off the ground.
The U.S. Department of Commerce is reviewing the national security implications of China's work in open-source RISC-V chip technology, according to a letter sent to U.S. lawmakers. RISC-V, pronounced "risk five," competes with proprietary technology from British semiconductor and software design company Arm Holdings. The technology is being used by major Chinese tech firms such as Alibaba Group Holding and has become a new front in the strategic competition over advanced chip technology between the U.S. and China.
The United States and Russia are set to face off over nuclear weapons in space on Wednesday at the United Nations Security Council, which is due to vote on a U.S.-drafted resolution calling on countries to prevent an arms race in outer space. Russia is expected to block the draft resolution, said some diplomats. The U.S. move comes after it accused Moscow of developing an anti-satellite nuclear weapon to put in space, an allegation that Russia's defense minister has flatly denied.
Comprehensive Analysis of Peapack-Gladstone's Q1 Financial Performance
Los Angeles Times owner Patrick Soon-Shiong says he plans to announce "this week" a new publishing outfit within the organization called "LA Times Stream." He credits the streaming of the Los Angeles Times Festival of Books as a successful test of the product. "We actually have to find innovative ways to become a media platform, not just a newspaper," Soon-Shiong explains to Yahoo Finance's Julie Hyman. Soon-Shiong says that companies like Google (GOOGL, GOOG) are "usurping all the ad money" that traditional news outlets receive, necessitating new sources of revenue. Be sure to watch the full interview with Dr. Patrick Soon-Shiong, where he discusses the FDA's approval of ImmunityBio's (IBRX) bladder cancer therapy. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Stephanie Mikulich.
Insights into Performance, Financial Metrics, and Strategic Outlook
A man who’s gone viral after posting a video to Reddit outlining his frustrations with Loblaw-affiliated grocery stores says he simply wanted to point out the increasing injustices at the place where he shops for food.
Dave Roberts think Shohei Ohtani can be even better with more plate discipline with runners in scoring position. The Los Angeles Dodgers manager approached the two-time AL MVP about a week ago to discuss how Ohtani could better control the strike zone. Ohtani hit his 176th home run on Sunday, surpassing Hideki Matsui for the most in Major League Baseball among players born in Japan.
OTTAWA — A Conservative member of Parliament says he isn't seeking re-election because his party is not allowing an open nomination in a new riding. Gary Vidal cites the party's response to changing electoral boundaries in his announcement that he won't run. Vidal was elected in 2019 to represent the sprawling Saskatchewan riding of Desnethé-Missinippi-Churchill River in the province's far north. Vidal says the riding boundaries are changing "drastically" and he will no longer reside in the elec
Several other crew members were injured when a car and truck collided on set during a second unit filming sequence, according to AP.
Affordability continues to be a major headwind for Americans trying to enter the housing market. With interest rates and mortgage rates still high, what does it mean for younger homebuyers? Re/Max (RMAX) Co-Founder and Chairman Dave Liniger joins Yahoo Finance for the latest edition of Real Estate: The New Reality to discuss his views on younger generations' ability to afford a home. Liniger acknowledges, "housing affordability is a terrible challenge for everybody," making it difficult for younger generations to secure homeownership. With elevated rates compounded by an imbalance between supply and demand in the housing market, Liniger states that prices will continue to rise. Regarding the spending power of Millennials, Liniger expresses that "predictions are wrong" and that this generation is "much thriftier" in their abilities to find savings opportunities and manage their debt. However, Liniger suggests that individuals might have to settle for 6% mortgage rates, referring to it as "the mortgage rate of the future." Catch more of Yahoo Finance's Real Estate: The New Reality coverage this week, or watch this full episode of here. This post was written by Angel Smith
Stars of 'Unbillievable!' The Movie joined 7 Voices on Tuesday to discuss an upcoming special screening.
Netflix's Wednesday has cast Emmy Award winner Thandiwe Newton for season two.
U.S. health officials issued a warning Tuesday about counterfeit Botox injections that have sickened 22 people. Half of the individuals have ended up in the hospital, according to the Centers for Disease Control and Prevention. The CDC said the shots were administered by unlicensed or untrained individuals or in settings like homes or spas.
Berryhill kicks off 'Bold Week' to help Make-A-Wish recipient
A fun night took a terrifying turn for one man this weekend when he was robbed at Horseshoe Casino. The victim said he was walking away from his car on the second floor of the parking garage when two men robbed him. He shared his story with 11 News. "I was approached by two men. They were armed, had on masks, hoodies," he said.
Oldsmar homeowner Becky Valine said the check from the state should have arrived months ago. The My Safe Florida Home program approved Valine last summer for a $9,000 grant toward the more than $14,000 she paid for hurricane windows. The popular grant matches up to 10,000 dollars of homeowner costs to harden their homes against hurricanes. Approved applicants receive $2 for every dollar they spend on eligible home strengthening improvements.
It's a sweeping plan with a vision for a new downtown Windsor: One with safer streets, less crime and more events. But to get the plan going this year, council will soon be asked to take the extraordinary step of re-opening the 2024 budget and adding to the previously approved tax increase. The city unveiled its "Strengthen the Core" plan on Tuesday, a seven-point plan targeting everything from mental health and housing to "vibrant spaces."The price tag is about $3.2 million, and taxes in Windso
Tesla earnings tumbled below lowered expectations. Tesla stock jumped late as the EV giant signaled an affordable EV is still it its plans. Elon Musk looms.
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