Lupin Pharmaceuticals Inc. (LUPIN,500257) on Monday announced positive top-line results from its pivotal Phase 3 clinical trial to assess the efficacy and safety of single-dose Solosec or secnidazole 2g oral granules in 147 female patients with trichomoniasis. Trichomoniasis is the…
Read MoreNouriel Roubini Sees a Bad Recovery, Then Inflation, Then a Depression
Subscribe to Odd Lots (Spotify) Subscribe to Odd Lots (Apple Podcasts) Every week, hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance, and economics. ShareSubscribeCookie PolicySubscribe to Odd LotsKeep up to date by subscribing to this podcastShare Nouriel Roubini Sees A…
Read MoreUnimaginable U.S. Jobs Report Takes Center Stage: Eco Week Ahead
Almost 23 million U.S. jobs were created in the last decade. In a single month, they were all but wiped out. The Labor Department’s April employment report will further detail the swift and extensive toll of government efforts to mitigate…
Read MoreHedge funds make money in April, Ackman gains 13.6%
Stocks negatively reacting to new possible tariffs on China FOX Business’ Lauren Simonetti says big tech giant shares, including Amazon’s and Apple’s, ended in the red on Friday. Get all the latest news on coronavirus and more delivered daily to…
Read MoreCoronavirus-shuttered trading floors reopen, making complex transactions easier
When will the NYSE reopen? FOX Business’ Charlie Gasparino says New York Stock Exchange personnel don’t have a set date to reopen the floor yet. Trading floors temporarily closed in order to slow the spread of COVID-19 will begin reopening…
Read MoreMexico’s Convenience Stores Are Almost Out of Beer
Fomento Economico Mexicano SAB, which operates Latin America’s largest chain of convenience stores, said its Oxxo stores in Mexico are quickly running out of beer after the government shuttered breweries as non-essential businesses last month. The company, known as Femsa,…
Read MoreStocks slide as coronavirus job losses top 30M
Weekly jobless claims hit 3.84M amid coronavirus FOX Business’ Cheryl Casone breaks down weekly jobless claims. U.S. equity markets slid Thursday as total job losses related to the coronavirus shutdown topped 30 million, despite climbing more slowly in the past…
Read MoreCoronavirus-related food stockpiling boosts Kraft Heinz
Costco requiring all customers to wear masks Costco is requiring all customers to wear face masks to prevent the spread of coronavirus. FOX Business’ Maria Bartiromo with more. LONDON (Reuters) – U.S. food producer Kraft Heinz Co reported higher-than-expected quarterly sales…
Read MoreShell cuts dividend for first time since World War II
Fox Business Flash top headlines for April 29 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below…
Read MoreGlobal oil crisis: Bottom of the barrel is still unclear
London (CNN Business)Royal Dutch Shell has slashed its dividend for the first time since World War II after profits were wiped out by a historic collapse in oil demand caused by the coronavirus pandemic. The Anglo-Dutch firm, one of the…
Read More