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...Maybe in March it was, but in April it’s starting to look functional again,” said Alex Brill, chief executive of Matrix Global Advisors, a healthcare consultancy....
...“As is always the case with large purchasers and as the result of a new generic entrant, California is acquiring this medicine below the current retail price,” Brill said....
Elon Musk sends confusing message on earnings call
...The WHO has approved a rollout of bed nets treated with Pyrethroid-chlorfenapyr, as well as R21/Matrix-M, a second malaria vaccine to complement RTS, S....
...Citigroup plans to announce on Monday the first big round of lay-offs in a sweeping restructuring — the bank’s biggest revamp in nearly two decades — that will eventually result in thousands of positions...
...being short-squeezed up ~10 per cent today after Bloomberg reported that the company has received tentative clearance to sell full-self-driving in China — a possibility Musk had flagged during last week’s results...
Investment bank and brokerage boosted by surging stock and fixed-income trading
...The results come at a turbulent time for Musk and the electric vehicle sector....
...The company’s quarterly results are also expected to be underwhelming....
Shares of Google’s parent company jump after first-quarter earnings beat expectations and $70bn stock buyback
...Kohl’s suggested last month that it could take a $250mn to $300mn hit to its annual credit card revenue as a result of the late fee cap....
...When brought back to the subject of automobiles, Musk wouldn’t be drawn on Tesla’s plans for new models or what specifically was meant by the reference in the results statement to a “more affordable” vehicle...
...The result is that the fortunes of dollar stores have been determined by which particular stratum of low-income consumer they serve....
...Jim Tierney, head of US growth at AllianceBernstein, said that Alphabet’s first-quarter results reported on Thursday “didn’t lay the questions [about AI] to rest....
...The latest results showed there was still room for growth as a result of its password crackdown and push into advertising, Pescatore added....
...At Ithaca’s latest annual results published in March, the company reported post-tax profit of $215.6mn for 2023, down from $1bn in 2022....
...Transportation is supposed to unveil a rule this spring that would force airlines and ticket agents to disclose fees for bags, flight changes, cancellations and family seating on the first page of search results...
...The overhaul, which is expected to result in 20,000 job losses by 2026, is moving faster than previously indicated....
...He said private equity groups are starting to follow family offices into the market, which will result in more deals over the next six months....
...The result should be an overall lower cost of capital and thus greater investment....
...It also states that platforms offering ranked search results must treat the listing of third-party services in a “fair and non-discriminatory” manner....
...That UPS results are seen as a bellwether of the US economy is no surprise. It delivers about a quarter of American parcels....
...The management of Altice’s heavily indebted French telecoms business badly burned bondholders last month, when they carefully explained on a results call that, because modern-day debt covenants have more...
...But with almost half of companies now having reported, results thus far have been mixed....
...The results were stunning....
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