Analysts view a reported FDA delay as a negative for the tobacco giant.
2 minute read
The bigger picture for social media companies may be the ways in which they are allowed to design and market their apps.
Long Read
OpenAI’s huge funding round could reignite AI excitement, Apple turns 50, NASA is about to send four astronauts on trip around the moon, and more news to start your day.
Long Read
Many advisors expect that alternative investments such as private credit will make up only a limited share of retirement plans’ portfolios if the agency promulgates its proposed rule.
4 minute read
Investors await signs that the Trump administration will remove the companies from conservatorship or sell shares in a new offering.
2 minute read
Paris prosecutors alleged yesterday that 58-year-old Russian citizen Dmitry Klyuev masterminded a 2007 scheme that stole $230 million from Russia’s treasury.
3 minute read
Crypto firms have won temporary permission to trade tokenized stocks without the regulatory constraints imposed on traditional finance firms. “TradFi” is fighting back.
4 minute read
Private asset managers such as Blackstone, Apollo Global Management, and KKR have long lobbied for access to the $14 trillion in 401(k) programs.
3 minute read
United Therapeutics stock entered Monday up 7% on the year, but moved higher on the Tyvaso drug trial results.
2 minute read
The Nasdaq fell more than 3% on the week, its worst performance in nearly a year. Social networks are facing a backlash.
4 minute read
“The impact has been mostly positive,” Kalshi CEO Tarek Mansour said of lawsuits challenging the firm’s prediction contracts.
2 minute read
An organization of lawyers who represent investors says Finra’s budget surplus should go to help pay tens of millions of dollars in unpaid customer arbitration awards.
2 minute read
Stand With Crypto, backed by Coinbase Global, is stepping up its political push as lawmakers debate rules for the crypto industry.
2 minute read
The complaint alleges Super Micro Computer failed to disclose sales of servers to Chinese companies in violation of export-control laws.
2 minute read
Meta, YouTube ordered to pay damages, Microsoft stock off to worst three-month start to a year, Iran war puts spotlight on Taiwan risks, and more news to start your day.
Long Read
A state court jury in Los Angeles awarded $3 million to a woman who said addictive design in social media apps caused her mental health to spiral downwards as a child.
3 minute read
Morgan Stanley analysts resumed coverage with an Overweight rating and a $385 price target on the stock.
2 minute read
Kalshi and Polymarket announced new measures to curb insider trading risks, though some critics view them as insufficient.
4 minute read
Stifel says it will appeal the blockbuster arbitration award, by far the largest to date involving clients of Chuck Roberts.
2 minute read
Oil prices projected to keep rising, shutdown deal nears, Arm Holdings to make its own AI chips, and more news to start your day.
Long Read
Regulators are seeking to water down requirements for capital that banks must hold on their balance sheets.
2 minute read
The biotech company used misleading advertising to promote its flagship bladder cancer drug, the FDA concludes.
2 minute read
Bill Pulte, director of the Federal Housing Finance Agency, said credit score pricing and credit bureau pricing should be more affordable.
2 minute read
Investors and moviegoers both win in the Paramount-Warner Bros. Discovery deal, Brett Decker writes in a guest commentary.
4 minute read
DraftKings, Flutter, and MGM shares were rising after a bipartisan group of U.S. senators sought to crack down on sports betting through prediction markets.
2 minute read