Author: franperez66q@protonmail.com
U.S. President Donald Trump (C) speaks during an event on advancing health care affordability in the Oval Office of the White House on April 23, 2026 in Washington, DC. Alex Wong | Getty ImagesRegeneron agreed to lower U.S. drug prices for some Americans as part of a deal with President Donald Trump, the White House said on Thursday.The biotech company will also offer the first hearing-loss gene therapy for free to eligible U.S. patients following regulatory approval of the product earlier Thursday. Regeneron is the latest in a string of major drugmakers to make pricing concessions for new and existing medicines…
Citi creates Financial and Strategic Investors group in investment banking, hires Lazard executive Source link
In a Congressional hearing on Wednesday, Sen. Bernie Sanders (I-Vt.) directly confronted anti-vaccine Health Secretary Robert F. Kennedy Jr. on his rejection of germ theory—the unquestionable scientific idea that specific pathogenic microbes cause specific diseases. After Kennedy defended his fringe view, Senator Bill Cassidy fact-checked and debunked Kennedy’s denialist arguments in real time. The exchanges mark a rare instance in which Kennedy’s dismissal of germ theory has been raised in such a high-profile public setting, in this case, a hearing of the Senate Committee on Health, Education, Labor, and Pensions. Kennedy, who has no background in science, medicine, or public…
The Trump administration on Thursday accused Chinese entities of waging “industrial-scale campaigns” to rip off U.S. artificial intelligence systems, and said it will explore ways to hold the foreign actors accountable.”There is nothing innovative about systematically extracting and copying the innovations of American industry,” Michael Kratsios, the top science and technology advisor to President Donald Trump, said in a memo on alleged Chinese “distillation” operations to train smaller AI models off of larger ones.The U.S. government has previously accused China of targeting American AI technology and intellectual property.Kratsios warned that as it gets easier to detect and prevent large-scale “distillation”…
France, Provence-Alpes-Cote d’Azur, French Riviera, Alpes-Maritimes, Principality of Monaco.Marco Bottigelli | Moment | Getty ImagesA million dollars isn’t what it used to be — especially in luxury real estate.According to the new Knight Frank Wealth Report, $1 million buys you only 16 square meters (or about 172 square feet) in Monaco, the world’s most expensive luxury market as measured per meter. That’s down from 17 square meters (182 square feet) in 2020.In Hong Kong, which ranks second, $1 million gets you 22.5 square meters, or about 242 square feet. New York looks downright affordable next to London, Singapore and Geneva,…
Electrolux plans about $1 billion share issue, tie-up with Midea in North America to shake up ops Source link
Meta CEO Mark Zuckerberg leaves the Federal Courthouse in downtown Los Angeles after defending the company in a landmark social media addiction trial in Los Angeles, United States, on February 19, 2026.Jon Putman | Anadolu | Getty ImagesMeta will lay off 10% of its workforce, equating to about 8,000 employees, as it continues investing heavily into artificial intelligence, the company confirmed on Thursday.The social media giant will initiate the job cuts on May 20, and is scrapping plans to hire people for 6,000 open roles, according to a Thursday memo to employees that Bloomberg News first reported on. Meta’s latest…
In a phone interview with the BBC’s North America editor, the president discussed next week’s visit and his relationship with the UK PM. Source link
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Kevin Warsh can credit more than $100 million of his vast fortune to a lucrative regulatory carveout that favors family office executives and investment professionals, family office attorneys told Inside Wealth.While single-family offices are widely understood to only manage family members’ assets, a little-known exception allows certain employees to invest with the ultra-wealthy families they work for. Warsh’s recent financial disclosures are putting the carveout on display. The Federal…
American Airlines rejects United merger, explores deeper Alaska ties Source link