Markets > Industries

Best's Market Segment Report: U.S. Life/Annuity Insurance Market Outlook Held at Stable

32 minutes ago   |   A.M. Best

AM Best has maintained its market segment outlook for the U.S. life/annuity industry at stable for 2020, citing strong capitalization and improved liquidity among carriers...
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Why Sanofi's New CEO Is Trading Diabetes Drugs for Cancer Breakthroughs

38 minutes ago   |   Fortune

Sanofi's new chief executive, just three months into the job, is taking a scalpel to traditional areas of research to rejuvenate the sluggish French drugmaker . The pharma...
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Healthcare-focused venture firms are forming a best practices group for securing health data

1 hour ago   |   Tech Crunch

Some of the nation's top healthcare-focused venture capital firms are banding together to form an advisory council with the technology security certification provider, Hitrust...
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Nissan Is Facing Another $22 Million in Fines Over Carlos Ghosn's Pay

1 hour ago   |   Fortune   |   2 articles

Nissan Motor Co. is set to be fined 2.4 billion yen for underreporting former chairman Carlos Ghosn's compensation, Japan's securities regulators said. The Securities and...
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China's electric car sales slump, squeezing automakers

2 hours ago   |   Chron

BEIJING - Looking for a new car, Yang Zhibo considered an electric but balked at prices that are thousands of dollars higher after Beijing wound down multibillion-dollar...
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China's auto sales sink 5.4% in November

4 hours ago   |   Chron

BEIJING - China's auto sales sank 5.4% in November from a year earlier, putting the industry's biggest global market on track to shrink for a second year. An industry group...
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What Caused Today's Rally in Cannabis Stocks?

What Caused Today's Rally in Cannabis Stocks?

10 hours ago   |   ETF Daily News

Pot stocks rallied today after Canopy Growth Corp. announced its new CEO will be David Klein, current CFO Constellation Brands Inc. “David is an experienced strategist with a...
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Howard Hanna Real Estate Services Expands in Toledo Area With Addition of Sulphur Springs Realty

11 hours ago   |   RIS Media

Howard Hanna Real Estate Services has announced the addition of Sulphur Springs Realty to the Hanna Family of Companies. Founded in 1980, Sulphur Springs Realty is a...
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How major US stock indexes fared Monday

15 hours ago   |   Chron   |   3 articles

Technology, health care and financial companies drove stocks modestly lower on Wall Street Monday, snapping the S&P 500's three-day winning streak. The market pullback came as...
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US stocks open lower as investors weigh outlook for trade

22 hours ago   |   Chron   |   2 articles

NEW YORK - Stocks are opening mixed on Wall Street as investors weighed the possibility of more U.S. tariffs on China kicking in. New tariffs on $160 billion of Chinese imports...
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Andreessen Horowitz's new growth fund just invested $30 million into Imply...

Andreessen Horowitz's new growth fund just invested $30 million into Imply, an open source data analytics startup taking on Microsoft and Salesforce's Tableau

Imply, an open source data analytics startup, announced $30 million in Series B funding led by Andreessen Horowitz's new growth fund. The funding values the 4-year-old startup... Read more ...

Remembering Paul Volcker

Remembering Paul Volcker

Good morning. Paul Volcker, the chairman of the Federal Reserve Board who tamed double-digit inflation in the 1980s, died Sunday at the age of 92. As a cub reporter in the... Read more ...

Morgan Stanley is cutting 1,500 jobs. Expect more as banks cull before bonus...

Morgan Stanley is cutting 1,500 jobs. Expect more as banks cull before bonus season

Morgan Stanley is cutting 1,500 jobs, or roughly 2% of its workforce. People familiar with the matter told CNBC that the cuts will largely hit technology and operations, while... Read more ...

SoftBank is selling back its stake in embattled dog-walking startup Wag...

SoftBank is selling back its stake in embattled dog-walking startup Wag, amid the company's 'painful' layoffs

SoftBank's Vision Fund is giving up its nearly 50% stake in the dog-walking startup Wag, as the company continues to struggle. A memo circulated among Wag employees informed... Read more ...

15 major ways breakfast foods have changed over the past decade

15 major ways breakfast foods have changed over the past decade

Breakfast foods have changed a lot throughout the 2010s. The past few years also welcomed new items like cronuts and Trader Joe's Everything But The Bagel Seasoning. In 2014... Read more ...

RIP: Paul Volcker

RIP: Paul Volcker

Former Fed Chairman Paul Volcker has died at the age of 92. Volcker ran the Fed from 1979 to 1987. His tenure may have been one of the most important in the Fed's... Read more ...

The US spent $133 billion to build up Afghanistan as part of a plan...

The US spent $133 billion to build up Afghanistan as part of a plan officials secretly called 'idiotic'

The US has spent billions trying to rebuild Afghanistan, more than the US has spent in any other country, The Washington Post reports . One US official, in documents obtained... Read more ...

A manager of the No. 1 stock fund over the past 20 years attributes his...

A manager of the No. 1 stock fund over the past 20 years attributes his success to a contrarian approach. He shares his most surprising calls, including why he prefers Samsung to Apple

Jason Subotky is one of the managers of the No. 1 and No. 2 large-cap funds of the past 20 years, and he says his funds have thrived because of unusual value-focused... Read more ...

The Fed's recent repo crisis was the fault of big banks and hedge funds, new...

The Fed's recent repo crisis was the fault of big banks and hedge funds, new study finds

September's repo rate spike was driven by big banks and hedge funds, the Bank of International Settlements wrote in a report released Sunday. The overnight lending market... Read more ...

A cancer-drug developer's stock just surged more than 100% after Merck...

A cancer-drug developer's stock just surged more than 100% after Merck agreed to a multi-billion-dollar takeover

Cancer-drug developer ArQule skyrocketed as much as 102% in early Monday trading after Merck agreed to acquire the company in a $2.7 billion takeover. Merck offered $20 per... Read more ...