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In this article BIIB Dementia expert Dr. Jason Karlawish told CNBC he’s skeptical of the Food and Drug Administration’s approval of Biogen‘s Alzheimer’s disease drug, Aduhelm, saying “the evidence to approve the drug wasn’t sufficient.” “Another study is needed to establish whether this drug, in fact, is effective. Unfortunately, the FDA approved the drug for

Interactive Brokers Group, Inc. Chairman and CEO Thomas Peterffy. Mike Segar | Reuters Interactive Brokers founder and chairman Thomas Peterffy on Monday issued a warning to investors betting against so-called meme stocks like AMC Entertainment. “It is extremely tempting to short these stocks, but unless you have huge liquid resources, please try to resist the temptation

The Amazon Pharmacy home screen on a smartphone arranged in the Brooklyn Borough of New York, U.S., on Tuesday, Nov. 17, 2020. Gabby Jones | Bloomberg | Getty Images Ask a sports star before a game whether their team is going to win and they’re likely to say yes with confidence. And then cue the

When the market was crashing in March 2020, financial advisor Ivory Johnson, founder of Delancey Wealth Management, decided it was time to introduce cryptocurrencies to his clients. “I did it because I saw how active the Federal Reserve was and how much they were diluting the dollar,” which would be incredibly inflationary, Johnson said. A

In this article DAL UAL A United Airlines Boeing 777-200ER plane is towed as an American Airlines Boeing 737 plane departs from O’Hare International Airport in Chicago, Illinois. Kamil Krzaczynski | Reuters United Airlines this month will start requiring new hires to show proof that they have been vaccinated against Covid-19, following a similar move

Medical researchers say within a few years major breakthroughs in blood testing technology that use immune system response and genetic analysis to identify disease quickly and cost-effectively will be on the market. picture alliance | picture alliance | Getty Images One morning last May, Tayah Fernandes’s mother Shannon realized her four-year-old daughter was seriously unwell,

Dr. Scott Gottlieb pointed on Friday to the highly transmissible Covid-19 variants as a potential cause behind an increase in adolescents being hospitalized with the virus in March and April.  “It’s concerning, the trends on hospitalizations” among teenagers, said Gottlieb, the former Food and Drug Administration chief during the Trump administration. “I think it’s a

A United Airlines passenger jet lands at Newark Liberty International Airport, New Jersey, U.S. December 6, 2019. Chris Helgren | Reuters United Airlines is offering new incentives to flight attendants and pilots who show proof of that they have received a Covid-19 vaccination, the latest plan from a company to encourage employees to get inoculated.

Chairman/CEO of AMC Entertainment Inc. Adam Aron speaks onstage during the 2018 Will Rogers Pioneer of the Year Dinner at Caesars Palace during CinemaCon, the official convention of the National Association of Theatre Owners, on April 25, 2018 in Las Vegas, Nevada. Alberto E. Rodriguez | Getty Images “Silverback” has spoken, and he wants to

In this article EXPR A shopper carries an Express Inc. bag while walking in the Center City neighborhood of Philadelphia Pennsylvania, U.S., on Friday, June 24, 2016. Charles Mostoller | Bloomberg | Getty Images Shares of the retailer Express tumbled more than 22% Thursday, after the clothing retailer announced plans to sell up to 15

In this article TSLA BEVER-NL Elon Musk brought electric vehicles into the mainstream with Tesla. Now the EV company is grappling with the consequences of its own innovation, former Ford Motor CEO Mark Fields told CNBC on Wednesday. “One of the many things he did is he pushed the industry toward taking EV seriously,” Fields

Guild Education’s Headquarters in Denver, Colorado Guild Education Guild Education has raised a $150 million Series E funding round, bringing the company’s valuation to $3.75 billion — more than triple its previous valuation of $1 billion. The Denver-based edtech company, ranked No. 49 on this year’s CNBC Disruptor 50 list, helps companies including Disney, Chipotle, Walmart, Taco

In this article .CRBQX HPE Zoom founder Eric Yuan poses in front of the Nasdaq building as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019 in New York City. Kena Betancur | Getty Images Check out the companies making headlines after the bell

In this article DIS VIAC Emily Blunt, Millicent Simmonds and Noah Jupe star in “A Quiet Place Part II.” Paramount Pictures The box office is bouncing back. Over the four-day Memorial Day weekend, North American cinemas tallied nearly $100 million in ticket sales, the best performance since the start of the pandemic. Although less than

R.Tsubin | Moment | Getty Images The Biden administration wants to get tougher on tax cheats — and cryptocurrency is an area of interest. Virtual currencies like bitcoin and ethereum, which are collectively valued around $2 trillion, offer investors a way to shield income from tax authorities. In that way, the crypto economy contributes to

Ruins of the Greenwood District after the massacre of African Americans in Tulsa, Oklahoma, in June 1921. American National Red Cross photograph collection. GHI | Universal Images Group | Getty Images A century ago this week, the wealthiest U.S. Black community was burned to the ground. At the turn of the 20th century, the Greenwood

Fashion has a polyester problem. It’s the most widely-used clothing fiber in the world, but as a synthetic material made from plastic, polyester needs a lot of energy to produce and is highly water and air polluting, according to the Council of Fashion Designers of America. The fashion industry is trying to tackle the issue,

Americans are expected to spend roughly $4.7 billion on gas during the Friday through Monday of Memorial Day weekend, according to GasBuddy, an app and website focused on finding real-time fuel prices. That breaks down to about $1.18 billion spent on gas each day, give or take $1 million, Patrick De Haan, head of petroleum

A bird flies by in the foreground as a Southwest Airlines jet comes in for a landing at McCarran International Airport on May 25, 2020 in Las Vegas, Nevada. Ethan Miller | Getty Images Southwest Airlines said it is delaying plans to resume serving alcoholic beverages, after one of its flight attendants was assaulted and