Alternative Asset Manager Brookfield’s Diversification, Exploring UK Pension Insurance with Possible Acquisitions
Brookfield Corporation (NYSE: BN) and its affiliate Brookfield Reinsurance Ltd (NYSE: BNRE) are reportedly exploring the possibility of venturing into the U.K.’s pension insurance sector. This exploration focuses on the bulk annuities segment, where potential acquisition targets may include companies like Just Group and Pension Bulk annuities represent a type of insurance that enables companies’ pension plans to transfer their liabilities […]
Bitcoin Eyes Best Session In Nearly 2 Months: Bulls Regain $28,000 Mark, Surpass 200-Day Average
Bitcoin (CRYPTO: BTC) is poised to deliver its strongest daily performance since the end of August, surging by more than 5% as of 04:30 p.m. ET on Monday. The day’s price action has been marked by significant fluctuations, which didn’t prevent bulls from regaining control by as the day unfolded. Earlier Monday morning, Bitcoin soared […]
Why Is Alzheimer’s Player Prothena Stock Trading Higher Today?
Prothena Corporation plc (NASDAQ: PRTA) is reportedly talking to advisors, potentially preparing for a sale. The closely watched Alzheimer’s player is due to report key data expected in the coming months. Prothena’s wholly owned programs include birtamimab for AL amyloidosis and a portfolio of programs for the potential treatment of Alzheimer’s disease, including PRX012 that targets Aβ (amyloid beta) […]
Shutdown Averted, Treasury Yields Flirt With 5%, Strong Payrolls Add to Fed Tightening Risk: The Week In The Markets
A week filled with significant events impacting the markets culminated in an unexpectedly strong September jobs report. Government Shutdown Averted; House Ousts McCarthy: The U.S. Congress managed to avoid a dramatic government shutdown just hours before the midnight deadline Oct. 1 by passing a stopgap funding bill. This bill ensures the continuation of government operations […]
Amgen’s Adcomm Meeting Paves Way To Launch Boost For Mirati Therapeutics’ Lung Cancer Drug: Analysts
According to a report on Thursday, French pharma company Sanofi SA (NASDAQ: SNY) is reportedly exploring a potential acquisition of cancer drugmaker Mirati Therapeutics Inc (NASDAQ: MRTX). The deal would potentially bolster Sanofi’s drug pipeline, helping the company to reduce its reliance on the blockbuster asthma medicine Dupixent. Sanofi’s backing would also help Mirati commercialize Krazati and fund treatment and further […]
Is Cupertino’s Next Trick A USB-C-Powered Apple Pencil 3? iOS 17.1 Beta 2 Drops Clues
The discovery of a code reference within Apple Inc.’s (NASDAQ:AAPL) latest operating version, iOS 17.1 Beta 2, has raised questions about the potential development of an Apple Pencil 3 featuring USB-C charging support. What Happened: The 10.9-inch iPad, released in October last year, had posed a challenge regarding Apple Pencil compatibility. Due to design constraints, it couldn’t support the magnetic second-generation Apple Pencil, […]
Novartis Mulls Divesting Some Assets Of Radiopharma Unit In Strategic Shift
Swiss pharmaceutical giant Novartis AG (NYSE: NVS) is reportedly contemplating selling sections of radiopharmaceuticals company Advanced Accelerator Applications to align with the company’s strategy and the broader industry trend to shed low-growth segments. Novartis is currently in the initial phase of assessing a potential sale. Although discussions are underway, there remains uncertainty surrounding the outcome, emphasizing that a deal […]
Psychedelics Reform Update: Massachusetts, Pennsylvania, Maine, California, Michigan, Minnesota, Indiana
Since our previous roundup, whether inside state legislatures or out on the streets, there’s been some consistent movement of proposals concerning psychedelics. As of Sept. 28: Massachusetts: Campaigners polled two versions of a psychedelics legalization initiative toward 2024’s ballot, and the winning one is the option contemplating adult home cultivation (12X12 ft. space tops) of […]
Analyzing Long-Term Negative Responses To Psychedelics: Researchers Release Study
The journal Nature published a new research analysis from Imperial College London (ICL)’s Center for Psychedelic Research and University of California San Francisco (UCSF)’s Psychedelics Division, including renowned David Erritzoe and Robin Carhart-Harris. The study looks at cases where there have been long-term negative psychological responses to psychedelics. The study was motivated by an alleged ongoing research and reporting bias on […]
Meta Unveils Quest 3 VR Headset To Challenge Apple’s Vision Pro; Stock Dips As AI Leader Resigns
As the tech industry’s virtual reality (VR) battle heats up, Meta Platforms Inc. (NASDAQ:META) has thrown down the gauntlet with the unveiling of Quest 3, the latest addition to its acclaimed VR headset lineup, during their annual Connect developer conference on Wednesday. This announcement comes in the midst of a mounting rivalry with Apple Inc. […]
