Text size Photo by Alexander Koerner / Getty Images Intel shares are on the rise after the chip company announced an accelerated $ 10 billion program for purchase. Following the completion of the repurchase, Intel said it will have $ 17.6 billion in purchases from the $ 20 billion authorization …
Read More »Get your flu in September – before cases start to climb
Reuters With the coronavirus still widespread, it’s time to start thinking seriously about flu, which typically spreads in fall and winter. A major flu outbreak would not only overwhelm hospitals this fall and winter, but also likely overwhelm a person who can contract both at the same time. Doctors do …
Read More »Stock market ignores restrictions of Trump administration. Here’s why it should not.
Text size Kevin Frayer / Getty Images Brands responded calmly to the recent escalation of the Trump administration’s war on Chinese telecom giant Huawei. Maybe too calm. U.S. Commerce Department regulations issued Aug. 17 will in theory prevent Huawei from purchasing any hardware or software that has all inputs of …
Read More »Potential Gilead blockbusters rejected by FDA. Why that’s the ‘Near-Worst-Case Scenario’ for Gilead Stock.
Text size The Food and Drug Administration on Tuesday rejected Gilead Science’s application for a will-be blockbuster arthritis medicine, blind investors. One analyst called the development a ‘near-worst-case scenario’ and a ‘shock’. Dreamstime The Food and Drug Administration’s decision to deny Gilead Science’s application for a wild medicine for blockbuster …
Read More »Californians prepare for life without Uber and Lyft – will taxis make a U-turn?
While Uber Technologies Inc. and Lyft Inc. prepared this week to close on riding dogs in California, alternative modes of transportation on-demand say they are ready to pick up the slack. Uber UBER, -0.54% and Lift LIFT, + 1.43% must obey a San Francisco Superior Court judge’s order by midnight …
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