A little-known biotech company stunned the biopharmaceutical industry last spring when it declared an “unprecedented” achievement: its experimental cancer drug looked more effective than Merck‘s Keytruda in a clinical trial. The company, Summit Therapeutics, licensed the drug from Chinese company Akeso Inc. In October, a group of life science investors …
For all the ways in which nations may contemplate retaliating against the U.S. for President Donald Trump‘s aggressive tariff threats — from potential 100% tariffs on Teslas to banning bottles of liquor made in red states — one of the more opaque methods of global economic war may occur far …
President Donald Trump arrives in the Brady Press Briefing Room at the White House on Jan. 30, 2025 in Washington, DC. Oliver Contreras | Afp | Getty Images President Donald Trump likely won’t do away with a landmark process that allows Medicare to negotiate drug prices with manufacturers, even as …
Citi cuts Nvidia target ahead of earnings, still sees 37% upside Citi cut its price target on Nvidia ahead of its earnings report later this month. Analyst Atif Malik reduced the 12-month price target to $163 from $175 previously. The new forecast still represents a 37% rally from Tuesday’s close …
Canadian, Mexican and Chinese flags. Nurphoto | Nurphoto | Getty Images U.S. President Donald Trump on Saturday imposed long-threatened tariffs on imports from Canada, Mexico and China — and it didn’t take long for the countries to respond. Trump signed an order slapping 25% tariffs on goods from Mexico and …
Aerial view of trucks queueing next to the border wall before crossing to the United States at Otay commercial port in Tijuana, Baja California state, Mexico, on Jan. 22, 2025. Guillermo Arias | AFP | Getty Images Industry and corporate leaders are weighing in after U.S. President Donald Trump followed …
Search and rescue teams work near the Ronald Reagan Washington National Airport, in the aftermath of the collision of American Eagle flight 5342 and a Black Hawk helicopter that crashed into the Potomac River, in Arlington, Virginia, U.S., Jan. 30, 2025. Evelyn Hockstein | Reuters There were no survivors after …
Robert F. Kennedy Jr., President Donald Trump‘s controversial pick to lead the Department of Health and Human Services, testified Wednesday before a crucial Senate panel, where he faced questions about vaccine skepticism, his evolving views on abortion and grasp of sprawling federal health programs. Kennedy, 71, appeared first before the …
Robert Kennedy Jr., U.S. President-elect Donald Trump’s nominee to run the Department of Health and Human Services, arrives at the Hart Senate Office Building on Capitol Hill in Washington, U.S., December 16, 2024. Benoit Tessier | Reuters As Robert F. Kennedy Jr. faces two days of Senate confirmation hearings this …
On Monday, Chinese artificial intelligence startup DeepSeek took over rival OpenAI’s coveted spot as the most-downloaded free app in the U.S. on Apple‘s App Store, dethroning ChatGPT for DeepSeek’s AI Assistant. Global tech stocks sold off and were on pace to wipe out billions in market cap. Later on Monday, …