There are more than 5,500 superyachts in the world’s oceans and seas, according to a recent report, and new buyers are overwhelmingly American
UK’s embattled Metro Bank expected to struggle to raise capital with ‘no easy solutions’
Metro Bank will likely struggle to raise fresh capital, according to analysts, who outlined bleak prospects for the beleaguered bank.
JPMorgan says controversial eye disease treatment can more than double this biopharma stock
Safety issues have caused a short-term rout for this biotech firm, but JPMorgan believes its share price is already on the road to recovery.
NBA can shift the balance of power in media with its next rights deal
The increasing importance of advertising-supported streaming services may give the NBA more potential suitors, perhaps even Netflix.
Bernstein says buy Disney, calls it the ‘only credible challenger to Netflix’
AllianceBernstein said Disney’s planned buyout of Hulu will pay off in the long run.
Philips shares fall 7% after U.S. drug regulator deals fresh blow to sleep device recall
Shares of Dutch health tech company Philips fell on Friday after the U.S. drug regulator deemed its handling of a major product recall inadequate.
Inflation is ‘always going to be a risk’ with the U.S. economy now fundamentally changed, ADP chief economist says
Inflation is “always going to be a risk” in the U.S. due to structural changes in the labor market, according to Nela Richardson, chief economist at payroll processing firm ADP.
Nobel Peace Prize awarded to jailed Iranian activist Narges Mohammadi
Jailed activist Narges Mohammadi won the prize for her “fight to promote human rights and freedom for all,” the awards committee said.
Tesla cuts Model 3 and Model Y prices in the U.S. after car deliveries fall
The starting price for the Model 3 is listed at $38,990 on Tesla’s website, down from $40,240 previously.
U.S. condemns ‘horrifying’ attack that killed 52 in Ukraine village; Russia to discuss leaving major nuclear treaty
The death toll of the Russian missile strike on a cafe and grocery store in the Kharkiv region rose to 52 on Friday.
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