Apellis Pharmaceuticals (APLS) reported an unexpected delay for its eye-disease treatment, leading APLS stock to crash and taking shares of Iveric Bio (ISEE) with it. X Late Thursday, Apellis said it ...
Tag: Business
If I sell my rental I can pay off my primary mortgage and be debt-free. Is that a good idea in this housing market?
Dear MarketWatch, I have a rental property that’s worth $175,000, and I owe $53,000. My primary home is worth $265,000 and has $108,000 left on the mortgage. My question is this: Should I sell my ren...
India-Focused Payments Company Ebix Races to Raise Cash Against Debt Deadline
Payments and software company Ebix Inc. is seeking to raise cash to pay back some $600 million in debt due early next year, but time is running short as it awaits regulatory approval for a public offe...
The future looks gloomy for retirees — if you look closely at financial history
Retirement planning requires us all to become historians. Surely not, you object: Do we really have to become proficient in yet another subject? Unfortunately, yes. Regardless of whether you’re aware ...
Crypto Exchange OKX Registers as Digital Asset Business in Bahamas
8 seconds ago | 2 mins read Exchange News FTX has also established a new base of operations in the Bahamas. According to the press release, OKX has also registered under the DARE act. OKX, the exchang...
Traders are loading up on bets against the stock market — and this time, it’s not a contrarian signal, says Citi
Markets continue to absorb the reverberations from this week’s Federal Reserve policy decision. The S&P 500 SPX has given up a chunk of its latest rally after Chair Jerome Powell suggested it was ...
Cano Health is a buy
Hasbro Inc: “I actually don’t even like the toy companies right now. … Let’s wait for now.” Viatris Inc: “I don’t like those guys. I do think that [Johnson &a...
Be ready to ‘pounce’ when the market is oversold
CNBC’s Jim Cramer on Friday warned investors not to let their guard down when it comes to their portfolios and be ready to take advantage of good deals. “Ultimately, you’re just goin...
Former MoviePass CEO charged in alleged fraud scheme
Sopa Images | Lightrocket | Getty Images Former executives at MoviePass and its parent company have been charged with fraud, according to a federal indictment that was unsealed Friday. Theodore Farnsw...
Carvana stock craters as outlook darkens for used vehicle market
Shares of Carvana posted their worst day on record Friday after the company missed Wall Street’s top- and bottom-line expectations for the third quarter as the outlook for used cars falls from r...
United Airlines Denver mini lounge opens for time-crunched travelers
United’s new, small-format lounge at Denver International Airport. Source: United Airlines United Airlines is opening a new kind of lounge at Denver International Airport, and it’s not des...
Shonda Rhimes, other creators unhappy with Netflix’s new mid-video ads
Shonda Rhimes attends 2018 Vanity Fair Oscar Party on March 4, 2018 in Beverly Hills, CA. Presley Ann | Patrick McMullan | Getty Images Shonda Rhimes, the high-powered producer behind “Bridgert...
Flu hospitalization rate highest in a decade, kids and seniors most at risk
The U.S. is facing the highest flu hospitalization rates in more than a decade with children and the elderly most at risk, according to the Centers for Disease Control and Prevention. Flu and respirat...
Rocket Lab attempts Electron booster catch with helicopter
Space company Rocket Lab called off its latest attempt at catching one of its Electron boosters with a helicopter, as the venture pursues reusability of its rockets. The company launched the “Ca...
How Brands Can Turn a Recession Into Marketing Gold
How Brands Can Turn a Recession Into Marketing Gold getty Cutting back marketing and related technology budgets was a leading cause of handwringing among recession-spooked execs at a recent fashion in...
Puma CEO Bjorn Gulden in talks to succeed Kasper Rorsted as Adidas chief
Björn Gulden, Chairman and Managing Director of the sporting goods manufacturer Puma SE, speaks at the company’s annual press conference. Daniel Karmann | Picture Alliance | Getty Images Adidas ...
Starbucks, Twilio, Carvana, DoorDash and more
A customer holds a drink inside a Starbucks coffee shop in San Francisco, California, on Thursday, July 28, 2022. David Paul Morris | Bloomberg | Getty Images Check out the companies making the bigges...
Mustafa Gokiu Guilty of Running Illicit Crypto Business
Mustafa Gokiu – a man living in the town of Sunnyside, New York – was convicted in mid-October by a federal jury in Brooklyn for allegedly running a crypto money laundering and drug scheme. It is stat...
Pfizer releases data showing omicron boosters are better than old shots
A health worker administers a dose of Pfizer covid-19 vaccine to a man at the Sanford Civic Center. With the emergence of the Omicron covid-19 variant in numerous countries, including the United State...
Travel has edge over shopping this holiday season amid inflation
Retailers have a new threat this holiday season: wanderlust. Americans are returning to the skies, filling hotels, swarming theme parks — and they’re showing a willingness to spend more of their...
DraftKings, Cinemark, Hershey and more
Check out the companies making headlines before the bell: DraftKings (DKNG) – DraftKings fell 12.5% in premarket trading despite reporting a smaller-than-expected quarterly loss and revenue that toppe...
CEO says regulation needed to keep firms in line on sustainability
The last few years have seen huge swathes of companies make net-zero commitments and other sustainability-related goals. Shansche | Istock | Getty Images Companies need regulation and greater accounta...
Roketo Business App for Web3 Сompanies to Streamline Financial an…
Roketo, a NEAR-based recurring payment system, has launched Roketo Business app intended for all Web3 enterprises aiming to facilitate their operational processes. The app provides users with comprehe...
Cramer’s lightning round: I’m sticking with Nvidia
Nvidia Corp: “I know it’s overvalued right now. … I think a year from now, the stock’s going to be higher, and I’m sticking with Nvidia.” GoPro Inc: “I said s...
Jim Cramer says to parse the Dow for recession-resilient stocks
CNBC’s Jim Cramer on Thursday advised investors on where to look for stocks that can withstand a potential economic downturn. “The Dow Jones Industrial Average is filled with relatively ch...
Virgin Galactic Q3 2022 earnings
Virgin Galactic pilots walk to the company’s SpaceShipTwo Unity spacecraft, attached to the jet carrier aircraft Eve. Virgin Galactic Virgin Galactic on Thursday reported a wider third-quarter l...
Think you had a bad week? Salesforce, cloud companies had some of their worst weeks ever
Salesforce Inc. and other cloud-software stocks shed red over the week, as the lining in cloud-software stocks Friday turned blood red instead of silver, sending some cloud companies and ETFs tracking...