Text size Sanofi is limiting its focus on drug development, stopping its diabetes and cardiovascular research. Joel Saget / AFP via Getty Images French pharmaceutical giant Sanofi is digging into the cash it raised earlier this year with the sale of its $ 11.7 billion stake in Regeneron Pharmaceuticals, the …
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Lower-income Americans were more likely to spend their stimulus checks, but more Americans could also spend their stimulus checks if more businesses were open when the checks began in late April, research found. (Photo: Getty.) What did people do with their stimulus controls? People who spend most of their stimulus …
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Text size Brick-and-mortar retailers make up the bulk of revenue reports this week. Walmart, Home Depot, and Kohl released their second-quarter results on Tuesday, followed by Lowe’s, Doel, TJX, and L Markets on Wednesday. Ross Stores reports Thursday. Non-retail names releasing results this week include Nvidia and analog devices on …
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Text size Ina Fassbender / AFP via Getty Images After Apple and Tesla recently announced stock splits, shares of each accounted for nearly 20%. Given those large gains, investors can expect more companies to follow high-priced stocks. That can frustrate anyone who believes in market efficiency. Pins are not intended. …
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Uber may close new week ride recovery in California, but Uber Eats will continue to operate. Justin Sullivan / Getty Images Rides from Uber Technologies Inc. may end up in California next week, but Uber Eats – and the many drivers who have switched on delivery to get the service …
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