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A revenue increase of 28% in the December quarter helps deliver profits ahead of schedule. → Read More
Cannabis producers in the U.S. and Canada are struggling with weak retail pricing, scarce capital, and persistent U.S. federal restrictions. → Read More
The first highly effective weight-loss drug, Wegovy, has been in short supply since it was approved last year. → Read More
Two of a dozen railroad unions have now rejected a September deal that had seemingly averted a strike. → Read More
Illumina, a leading maker of gene-sequencing systems, announced faster, cheaper gene-readers Thursday. → Read More
The Securities and Exchange Commission is seeking public input on its strategic plan for the next four years. → Read More
The case highlights the need for investors to take care of their online accounts, a top agency official said. → Read More
The San Diego company slashed its forecast for revenue growth in 2022 to between 4% and 5% from 14% to 16%. → Read More
Recent times have been tough for developers of gene therapies, the formerly-celebrated breakthroughs that address diseases caused by faulty genes. It has been nearly five years since the U.S. Food and Drug Administration asked its outside advisors to weigh in on a gene therapy approval, and stocks in the biotech niche have fallen far out of favor. Thursday and Friday, however, were good days for… → Read More
SEC Chairman Gary Gensler has been vocal about the commission getting tougher on ESG claims by investment funds. → Read More
The Food and Drug Administration approved a new diabetes treatment from Eli Lilly on Friday. → Read More
The country's largest cannabis chain stuck with a forecast that its sales will increase by 20% in 2022. → Read More
A raft of multicancer blood tests are under development that promise early detection. Our verdict on Grail’s Galleri: An exciting innovation that’s far from routine use. → Read More
The fog of this particularly bitter war in Ukraine has crept into global markets. Investors confront a rapidly changing geopolitical scene atop an economy already struggling to cope with inflation, supply-chain woes, and looming interest-rate hikes. No wonder stocks have whipsawed around. To help cut through various aspects of this unfolding crisis—energy, Putin, NATO, and, of course,… → Read More
Companies like Intellia Therapeutics and Editas Medicine are saying that this year will bring exciting developments. → Read More
More than 100 employees used personal accounts to exchange tens of thousands of messages spanning the broker's business, from trading to investment banking. → Read More
"We've been focusing our operations around three primary hubs, in Florida, Pennsylvania, and Arizona." Dreamstime Federal legalization of weed got a baby step closer this week, with the introduction of a Republican bill to decriminalize marijuana, but U.S. cannabis operators seem more willing to bet on state reforms. Companies are waiting for recreational sales to start in New York, New Jersey,… → Read More
The Swiss company is another way to bet on sports betting. It had its Nasdaq debut on Tuesday. → Read More
In recent decades, cash-rich companies have used buybacks to reward stockholders and share-incented employees. → Read More
"The idea of banning payment for order flow is pretty draconian," Robinhood's legal chief said. → Read More