Tag Archives: Hulu

Financial Daily Dose 9.17.2019 | Top Story: WeWork to Delay Planned IPO Until at Least October

BY: Michael D. Reif | September 17, 2019

Shared office-space company WeWork, which had committed to moving forward with its planned IPO this week despite recent turmoil, appears likely to postpone the offering until at least October in an effort to shore up its sinking valuation – Bloomberg and NYTimes and WSJ and Barron’s Additional reaction (market and otherwise) to Sunday’s attacks on … Continue reading

Financial Daily Dose 8.7.2019 | Top Story: Novartis Hid Altered Drug Test Data From FDA

BY: Michael D. Reif | August 7, 2019

A new report out Tuesday from the Food & Drug Administration reveals that drug maker Novartis “concealed manipulated data” from the agency “while applying for approval of an extremely expensive gene therapy treatment and then delayed reporting the issue.” Still, the FDA is keeping Zolgensma, the drug in question, on the market – NYTimes and … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | April 16, 2019

Former Volkswagen CEO Martin Winterkorn is facing aggravated fraud charges from German prosecutors for his leadership of the automaker “when it deceived regulators about its vehicles’ diesel exhaust levels.” The criminal charges are the first of their kind filed against an individual in connection with the emissions scandal that has rocked the German auto industry … Continue reading

Your daily dose of financial news

BY: Michael D. Reif | August 4, 2016

As foreshadowed a few weeks ago, the Bank of England has cut its main interest rate to an historically low .25 percent in an effort to address the impact of June’s Brexit vote. The BOE will start bond buying in September – NYTimes and WSJ and Bloomberg Bill Ackman’s Pershing Square is looking to turn … Continue reading