US Business

The drug from Eisai and Biogen slowed cognitive decline in study volunteers, but many had brain bleeds, swelling or other side effects.

The drugmaker recently had a market value almost $18 billion as big pharmaceutical companies rely on acquisitions to expand sales.

The company has been under pressure from cord-cutting as Americans have moved from traditional pay-TV packages to streaming services. Shares of AMC closed 5.3% lower.

Americans spent an average of about $325 on holiday purchases over the weekend, up about 8% from 2021.

The move would cut short a long-running labor dispute between the country’s biggest freight railroads and more than 115,000 workers that threatens to hurt the economy.

The Disney CEO tells employees that the company needs to chase profitability from streaming rather than new subscribers.

The tunnel venture has repeatedly teased local officials with a pledge to ‘solve soul-destroying traffic,’ and then backed out when confronted with the realities of building public infrastructure.

The fine issued by Ireland’s Data Protection Commission, Meta’s main privacy regulator in the European Union, is the latest sign of how authorities in the region are becoming more aggressive in applying the bloc’s privacy law to big technology companies.

U.S. banks including JPMorgan Chase and Wells Fargo are devising a plan to compensate victims of scams on the Zelle payment network. 

Before returning to Venezuela, Chevron must collect debt, repair equipment and bolster its workforce.