News

CEO Resignation Raises Questions about BP's Governance

CEO Resignation Raises Questions about BP's Governance

Shareholders are dissatisfied with the resignation of BP's CEO and raise concerns about the company's governance. BP's poor shareholder returns and potential su...

Tim Scott's Economic Plan

Tim Scott's Economic Plan

Senator Tim Scott is proposing an economic plan focused on tax cuts to stimulate the economy and create jobs. His plan includes cutting spending, relocating age...

Tesla's Strategic Move: Issuing More Stock to Stay Ahead in the EV Game

Tesla's Strategic Move: Issuing More Stock to Stay Ahead in the EV Game

Tesla is considering issuing more stock to maintain its lead in the EV market and solidify its market dominance. Despite substantial growth and a healthy cash r...

Netflix Stock Falls as Hollywood Strikes Impact Business

Netflix Stock Falls as Hollywood Strikes Impact Business

Netflix's stock falls due to the impact of Hollywood strikes on the business and concerns over operating margins. Netflix also faces challenges in building an a...

Eiger BioPharmaceuticals Faces Setback in Hepatitis D Study

Eiger BioPharmaceuticals Faces Setback in Hepatitis D Study

Eiger BioPharmaceuticals discontinues late-stage study for hepatitis D treatment, causing stock to plummet; company to explore alternative research avenues.

Orsted Enters First Solar Project in the U.K.

Orsted Enters First Solar Project in the U.K.

Orsted announces its entry into the U.K.'s solar sector by collaborating with PS Renewables to develop the One Earth Solar Farm, aligning with the U.K. governme...

United Nations Urged to Declare Journalist's Detention by Russia Arbitrarily

United Nations Urged to Declare Journalist's Detention by Russia Arbitrarily

Lawyers representing Wall Street Journal reporter Evan Gershkovich have submitted a request to the United Nations, urging the organization to issue an opinion r...

GM and Ford Stocks Pressure as U.S. Auto Workers Prepare to Strike

GM and Ford Stocks Pressure as U.S. Auto Workers Prepare to Strike

General Motors and Ford stocks face pressure as U.S. auto workers prepare to go on strike, impacting bond prices and refinancing concerns.

Taking Profits in Winning Stocks: A Closer Look

Taking Profits in Winning Stocks: A Closer Look

Investor Howard Marks advises against selling top-performing stocks too soon, cautioning that investors may miss out on continued gains. He emphasizes the impor...

Avalo Therapeutics Announces Sale of Assets to AUG Therapeutics

Avalo Therapeutics Announces Sale of Assets to AUG Therapeutics

Avalo Therapeutics sees a boost in shares after selling assets to AUG Therapeutics. Deal terms include upfront payment and contingent milestone payments.