Analysts say the deal, which would give Biogen full control over the drug Zurzuvae, could be a smart financial move. Yet it's also unlikely to appease broader investor concerns.
(Bloomberg) -- Four veteran Western Asset Management Co. emerging-market debt investors exited for Jackson Financial Inc.’s PPM America, as fallout continues for the bond giant after its star trader was charged with criminal fraud.Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNew York, San Francisco Ranked Worst for US Traffic in City CentersTeam co-heads and portfolio managers Mark Hughes
Apple's global smartphone market share slipped one percentage point to 18% last year as fourth-quarter iPhone sales dropped 5%, according to Counterpoint Research.
Nvidia shares have lost more than $330 billion in value since their recent closing high on Jan. 6.
The bank’s entity marks a significant step in its global digital asset strategy with Luxembourg licence.
A new study from McKinsey indicates that jewelry and leather goods will see the most growth, with the U.S. outpacing the rest of the world in luxury spending.
JPMorgan Chase continues to lead the way; Goldman Sachs and Agricultural Bank of China market caps both rise by over 40% while TD Bank loses over 20%
Countless Americans are looking to buy a house -- they just can't afford it. These markets are the best options for prospective first-time homebuyers, and some might surprise you.
Money market account interest rates today are well above historical norms. Find out where to get the best MMA rates.
(Bloomberg) -- Investors are starting 2025 with a conundrum: how to protect against potentially bigger risks while not missing out on a stock-market rally.Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNew York, San Francisco Ranked Worst for US Traffic in City CentersOn the one hand, just about every sell-side strategist has an S&P 500 Index target above current levels, and the US economy r