Business news
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rishi Sunak’s Conservatives have been hammered in local elections across England and Wales and lost the Blackpool South parliamentary by-election to Labour, but threats of a mutiny against the prime minister have receded. Sunak’s party … Read more
By Andrew Hay (Reuters) – At Columbia University, tensions between the administration and students protesting over Israel’s war in Gaza have reached the point that scores of New York City police marched onto campus to clear an encampment and arrest demonstrators who had commandeered a classroom building. It was the second time in as many … Read more
Retail investors selling off cryptocurrencies alongside other headwinds is keeping J.P. Morgan cautious toward the market. Bitcoin (BTC-USD) finished sharply lower in April, sinking 15% for the first monthly loss since August 2023. It traded close to $59,000 on Thursday, much lower than its all-time high above $73,000 in March. “The past two weeks saw … Read more
When Cuban immigrant Nicolas Estrella Sr. started selling auto insurance in Miami in the 1970s, he had an opening line: His last name meant “star” in Spanish, so he and other Latino immigrants could bet on the same shooting star — the American dream. “He realized he could fill a void in the marketplace for … Read more
Technology and sustainability intersect with almost every aspect of our lives—especially when it comes to travel. A new generation stands at the forefront of a monumental shift in the travel sector: Generation Alpha. Often dubbed “mini millennials,” they are poised to redefine the essence of travel, because they have such a strong commitment to our … Read more
The government spent a record-breaking $178.6 billion on small-businesses. But the federal small-business contracting base is still shrinking. #Mixed #Bag #Small #Businesses #Seeking #Federal #Contracts #Money #Winners
Here are the most important news items that investors need to start their trading day: 1. April showers Stocks tumbled on Tuesday to close out a losing month for all three major indexes. The S&P 500 fell 1.57% on the day while the Nasdaq Composite and Dow Jones Industrial Average sank 2.04% and 1.49%, respectively. … Read more
The Environmental Protection Agency said Tuesday it has finalized a ban on consumer uses of methylene chloride, a chemical that is widely used as a paint stripper but is known to cause liver cancer and other health problems. The EPA said its action will protect Americans from health risks while allowing certain commercial uses to continue … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Former Binance chief executive Changpeng Zhao has been sentenced to four months in jail after pleading guilty to failing to establish adequate money laundering controls at the world’s largest cryptocurrency exchange. The 47-year-old, known in … Read more
Tuesday, Morgan Stanley initiated coverage on Contineum Therapeutics (NASDAQ:CTNM), assigning an Overweight rating and a price target of $25.00. The firm highlighted the biotechnology company’s focus on developing treatments for neuroscience, inflammation, and immunology. Contineum Therapeutics is advancing its portfolio with two lead assets, PIPE-791 and PIPE-307, targeting multiple indications. PIPE-791, exclusively owned by Contineum, … Read more