Shares of Amgen fell slightly—by 1.5 percent, to $170.90—this week on the report that its multiple myeloma drug—carfilzomib, under the brand name Kyprolis–did not outperform the competition in a head-to-head, late-stage study regarding efficacy on previously untreated patients. The United States Food and Drug Administration had already approved Kyprolis for multiple myeloma patients who had […]
13 years ago, China issue a ban on US beef. This was largely on the heels of a mad cow disease scare, resulting in a major shrinking of the market, of course. However, this week, China announced its plan to lift this ban, making US beef available in the major economy. This, of course, is […]
Unfunded liabilities for public pension plans have been growing quickly over the years. Today, a number of states have public pension debts of hundreds of billions of dollars and they are not pulling in enough money to pay those debts in the time frames promised. A recently conducted study found that the state and local […]
Mutual funds are considered one of the best ways to invest retirement savings for substantial growth before you reach your retirement years. The return on investment can be considerably higher than stashing your savings in a savings account or investing in bonds or certificates of deposit. If you are investing with a tax-deferred account, your […]
Chipotle Mexican Grill Inc launched a new marketing effort to get back their fans. This initiative will mostly outline the depth to which the company has improved its food safety guidelines. This, of course, is important since consumers are still wary of the chain’s food safety after the very recent foodborne illness outbreak. Describing the […]
Panera Bread Co is stepping up its bacon game. And they are doing it as a part of the restaurant industry’s new effort to purify its ingredients overall; and Panera wants to be the first national chain to serve what they are calling “clean” bacon. Bacon, of course, is not necessarily known as the “cleanest” […]
The International Monetary Fund has released the results of a new study to discuss the economic impact of present conflicts in the Middle East and North Africa. In fact, the study calls the impact “massive and persistent,” which has resulted in vastly escalating inflation and a dramatic hindrance of currency value to incite a major […]
In case you haven’t heard, Twitter has plans to stream NFL games and the first of 10 is set for Thursday night. The match between the New York Jets and the Buffalo Bills will actually stream exclusively on Twitter as part of a major initiative to improve video streaming of live events—and particularly sporting events—through […]
This week, the United States Department of Justice proposed that Deutsche Bank AG to pay $14 billion as a settlement for a handful of high-profile mortgage-securities probes that befell the institution as a result of the recent financial crisis. This payout amount, would compare, then, with the largest penalties that other banks would have had […]