It’s been less than a year since Jonathan Silverstein, a venture capitalist at health-care fund OrbiMed, received the diagnosis that changed everything. Parkinson’s disease at age 49. A potentially more aggressive, inherited form, driven by a mutation in a gene called GBA. It affects up to 10 percent of Americans with Parkinson’s, and — as […]
Read moreWisconsin is not projected to break even on a $3 billion incentive package for a proposed LCD screen plant by Taiwan’s Foxconn for at least 25 years, a legislative analysis showed on Tuesday. Foxconn hopes to open a $10 billion plant in 2020 at a 1,000-acre site in southeastern Wisconsin and state leaders, including Republican […]
Read moreDisney‘s announcement of a streaming platform in 2019 comes too late and is “probably arrogant,” a U.K.-based fund manager told CNBC Wednesday. The company is pulling out of Netflix to launch its own consumer streaming service in two years’ time, starting in the U.S. to then be expanded worldwide. Disney movies such as “Toy Story […]
Read moreThe Swiss franc, the U.S. dollar and even the euro might be the best options for investors trading currencies in the face of rising threats from North Korea, analysts told CNBC. “The CHF (Swiss franc) along with the JPY (Japanese Yen) are widely considered the usual safe-haven currencies. However, given geographical proximately I would expect […]
Read moreFidelity Investments Inc has started allowing clients to use its website to view their holdings of bitcoin and other cryptocurrencies held through digital wallet provider Coinbase, the company said on Wednesday. The initiative, previously tested with the Boston-based money manager’s employees, is a rare example of an established financial services company warming up to cryptocurrencies. […]
Read moreU.S. credit card processing company Vantiv agreed on Wednesday to buy Worldpay, the U.K.’s largest payment processing company, for £8 billion ($10.4 billion). Worldpay said that for each of its shares, Vantiv offered 55 pence in cash, 0.0672 of a new Vantiv share, an interim dividend of 0.8 pence per Worldpay share, and a special […]
Read moreFrench soldiers were hit and injured by a vehicle in the western Paris suburb of Levallois-Perret, Paris police authorities said on Wednesday, adding that a security operation was underway in the area. “Police intervention is underway. Search underway for vehicle,” the Paris police department said in a Tweet. Six soldiers were hurt, four of them […]
Read moreNorth Korea’s miniaturization of nuclear weapons has gone from essentially the size of a large refrigerator a decade ago to something small enough to fit inside its ballistic missiles, according to experts. The U.S. believes that North Korea mastered miniaturizing nuclear devices on long-range missiles “months ago,” a government source told CNBC on Tuesday. That […]
Read moreDutch bank ABN Amro reported on Wednesday a larger than expected 45 percent rise in second-quarter underlying net profit to 960 million euros ($1.13 billion), helped by a growing loan book and lower costs. Analysts polled by the bank had on average expected a profit of 750 million euros, from the 662 million euros made […]
Read morePresident Donald Trump appears to have painted himself into a corner: He must now follow up on his pledge of hitting North Korea with “fire and fury,” or he risks further blowing U.S. credibility. Kim Jong-un’s regime threatened to strike Guam late on Tuesday shortly after Trump warned Pyongyang would face “power, the likes of […]
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