Author: IA PressRoom

New York supermarket billionaire John Catsimatidis said he wants to buy CNN, per the New York Post. “I’d go run the place tomorrow morning, and all I’d want is $1 per year and a piece of the upside,” he said. Catsimatidis — an outspoken Trump supporter — has a net worth of $4.1 billion, per Forbes. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Just two days after embattled CNN CEO Chris Licht stepped down from his role in the aftermath of a brutal…

Read More

One of the most promising UK biotech start-ups, Quell Therapeutics, has signed a research collaboration and licensing deal with AstraZeneca to develop treatments for two autoimmune diseases. The pharma giant will pay Quell $85mn upfront and up to $2bn more if it meets various development and commercialisation milestones over the next few years.The technology developed by Quell allows the manipulation of a patient’s immune response by genetically engineering “regulatory T-cells” or Tregs. This reduces an overactive immune response in specific areas implicated in a disease.The company’s Treg technology is an extension of the Car-T therapies that have been remarkably successful…

Read More

3/3 © Reuters. FILE PHOTO: The Federal Reserve building is pictured in Washington, U.S., on March 19, 2019. REUTERS/Leah Millis 2/3 (Reuters) – It’s a week of the central bank heavies with the U.S. Federal Reserve, European Central Bank and Bank of Japan meeting. The Fed is tipped to stop with rate hikes (for now), the ECB, to keeping going (for now), while the BOJ remains in stop mode (for now). U.S. inflation numbers, Chinese data and a crunch moment for UBS and Credit Suisse means there’s plenty happening. Here’s a look at the week ahead in markets from Li…

Read More

© Reuters. Investing.com – European stock markets are expected to open with small gains Friday, helped by the rally on Wall Street overnight after weak U.S. employment data boosted expectations of a more dovish slant by the Federal Reserve next week. At 02:00 ET (06:00 GMT), the contract in Germany traded 0.1% higher, in France climbed 0.1% and the contract in the U.K. rose 0.2%. Europe set to follow Asia, U.S. higher Equities on Wall Street closed higher Thursday, with the broad-based ending at a new high for the year, after applications for jumped last week to the highest level…

Read More

Bitcoin and Ethereum, two of the leading cryptocurrencies, have been in the spotlight recently due to significant developments surrounding the US Securities and Exchange Commission (SEC) lawsuit, the bankruptcy of FTX exchange, and the acquisition deal involving BitGo. These updates have brought new dynamics to the crypto market, impacting the price predictions for Bitcoin and Ethereum. In this update, we delve into the latest information and provide insights into how these events may shape the future of these digital assets.Regulatory Actions and Lawmaker Criticism Impact Bitcoin Prices Amidst SEC LawsuitsThe cryptocurrency market has experienced a turbulent week due to lawsuits filed against…

Read More

The Donald Trump and Ron DeSantis camps are trading blows after the Florida governor’s 2024 campaign debuted an AI-generated image depicting the former president hugging Dr. Anthony Fauci.It’s also further fueling concerns about how AI “deepfakes” of altered video, photos or audio portraying candidates saying and doing things they did not could affect the 2024 campaign.”Fake images from a fake campaign for a fake candidate. This stunt had the ‘please clap’ energy of Ron DeSanctimonious’ mentor, Jeb Bush,” a Trump campaign adviser told Fox News Digital of the images.One of Trump’s most vocal allies in the Senate, freshman Sen. JD…

Read More

I am a 65-year-old widow in good health, and just started collecting my late husband’s Social Security benefit of $4,000 per month. When I turn 70, I will switch to my benefit since it appears it will be around $100 higher every month at that time. My current expenses are running high at about $10,000 per month due to some house maintenance projects I am doing. My son and his family will inherit everything when I’m gone. I estimate my monthly expenses will drop to $5,000-$6,000 within the next year. I supplement my monthly income by drawing off interest, dividends…

Read More

Elon Musk weighed in on Donald Trump’s indictment on Thursday night. Musk said there seemed to be a “far higher interest in pursuing Trump” over other politicians. He also engaged with a Twitter user who questioned why others like Hunter Biden were not indicted.  Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Hours after former President Donald Trump announced he had been indicted for the second time in connection with government records stored at Mar-a-Lago, Elon Musk wondered aloud why prosecutors seemed to be…

Read More

© Reuters. FILE PHOTO: A logo of Dassault Systemes SE is seen on a company building in Paris, France, January 27, 2023. REUTERS/Sarah Meyssonnier (Reuters) -French software provider Dassault Systemes on Friday forecast a doubling of its earnings per share (EPS) by 2028, and announced a new CEO. Dassault said it plans to reach non-IFRS EPS between 2.20 euros and 2.40 euros by 2028, roughly double the 1.13 euros it posted for the full year of 2022. The group is implementing its Horizon 2040 strategy, and like many software providers is shifting from a model based on licenses, whereby clients…

Read More

Binance.US is halting USD deposits and has warned users to withdraw all US dollar funds by June 13th, although its dollar withdrawal service is currently not working. Also, all USD trading pairs will be removed next week.A statement on its Twitter account in part reads: “The SEC has taken to using extremely aggressive and intimidating tactics in its pursuit of an ideological campaign against the American digital asset industry. Binance.US and our business partners have not been spared in the use of these tactics, which has created challenges for the banks with whom we work.”As a result, in an effort to…

Read More