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Latest Articles

Brazil Extends Fuel Subsidies and Tax Relief Measures Until Late July

Brazil Extends Fuel Subsidies and Tax Relief Measures Until Late July

The Brazilian government has announced an extension of its emergency measures designed to curb rising fuel prices, maintaining current subsidies and tax relief programs through July 31. This decision follows a plan that was originally scheduled to expire on May 31. The move is intended to shield domestic consumers from the price fluctuations in glo…

Yum! Brands Enters Exclusive Talks to Divest Pizza Hut to LongRange Capital

Yum! Brands Enters Exclusive Talks to Divest Pizza Hut to LongRange Capital

Yum! Brands has granted private equity firm LongRange Capital an exclusivity period to negotiate the potential sale of Pizza Hut, according to people familiar with the matter. Discussions are progressing and could conclude in the coming weeks, though a transaction is not assured. The move follows Yum's strategic review of the pizza chain amid sever…

ECB Policymaker Urges Swift Action Against Inflationary Risks

ECB Policymaker Urges Swift Action Against Inflationary Risks

European Central Bank (ECB) Governing Council member Alvaro Santos Pereira has signaled a preference for proactive measures regarding rising inflation. Speaking on Portugal's Antena 1 broadcaster this past Saturday, Pereira, who serves as the governor of the Bank of Portugal, emphasized that monitoring data closely is essential, but he also caution…

Warsh at the Fed: Balancing a hawkish past with dovish signals

Warsh at the Fed: Balancing a hawkish past with dovish signals

Bank of America analysts say Kevin Warsh inherits a difficult policy landscape as accelerating inflation and a string of economic shocks complicate his first months as Federal Reserve chair. Although historically a "staunch hawk" as a Fed governor, Warsh has recently signaled support for lower interest rates and urged policymakers to look through t…

Eikon Therapeutics Presents Data on Clinical-Stage Programs at the 2026 Annual Meeting of the American Society of Clinical Oncology

Eikon Therapeutics Presents Data on Clinical-Stage Programs at the 2026 Annual Meeting of the American Society of Clinical Oncology

Eikon Therapeutics announced encouraging clinical trial data for its lead candidates EIK1001 and EIK1003 at ASCO 2026. The Phase 2 TeLuRide-005 trial of EIK1001 in combination with standard therapies for first-line stage 4 NSCLC showed high response and disease control rates with manageable safety. Updated Phase 1/2 data for EIK1003, a selective PA…

Civil Rights Groups Sue Over Alleged Abuses at Camp East Montana Detention Center

Civil Rights Groups Sue Over Alleged Abuses at Camp East Montana Detention Center

Civil rights organizations have filed suit in federal court challenging conditions at Camp East Montana, the United States’ largest immigration detention site on the Fort Bliss military base in El Paso, Texas. The complaint, brought by the ACLU along with Human Rights Watch and the Texas Civil Rights Project on behalf of four current detainees, nam…

Global Data for BioNTech and Bristol Myers Squibb’s PD-L1xVEGF-A Bispecific Pumitamig Shows Encouraging Efficacy in Patients with Non-Small Cell Lung Cancer in ROSETTA Lung-02 Trial

Global Data for BioNTech and Bristol Myers Squibb’s PD-L1xVEGF-A Bispecific Pumitamig Shows Encouraging Efficacy in Patients with Non-Small Cell Lung Cancer in ROSETTA Lung-02 Trial

BioNTech and Bristol Myers Squibb announced encouraging interim Phase 2 results from the global ROSETTA Lung-02 trial evaluating pumitamig, a PD-L1xVEGF-A bispecific immunomodulator, combined with chemotherapy in treatment-naive advanced non-small cell lung cancer (NSCLC) patients. The therapy demonstrated robust objective response rates across NSC…

Federal Judge to Reexamine Trump-Justice Department Settlement Over IRS Suit

Federal Judge to Reexamine Trump-Justice Department Settlement Over IRS Suit

A U.S. district judge in Florida has directed lawyers for former President Donald Trump to answer by June 12 to a motion from 35 retired federal judges challenging the settlement between the Justice Department and Trump in his $10 billion lawsuit against the Internal Revenue Service. The settlement would establish a nearly $1.8 billion fund to comp…

Senior Adviser Oversaw Contracts Involving Firm He Held Stake In, Records Show

Senior Adviser Oversaw Contracts Involving Firm He Held Stake In, Records Show

A senior administration adviser who managed federal purchasing matters disclosed an investment in a venture capital fund that later backed companies receiving attention from his office. Records, financial disclosures and people familiar with the matter show the adviser invested in March 2025 and was later connected to procurement activity involving…

Why GM Is the Best Risk-Reward Among Big Auto Names Right Now

Why GM Is the Best Risk-Reward Among Big Auto Names Right Now

General Motors checks several boxes investors care about: robust free cash flow ($14.8B trailing), a reasonable EV/EBITDA (10.7), cheap price-to-sales (0.41) and a concrete near-term demand opportunity as a rival’s truck inventory tightens. This trade targets a measured mid-term bounce fueled by margin-accretive ICE truck investments and share gain…

Mineralys Therapeutics Presents New Data from the Phase 3 Launch-HTN Trial of Lorundrostat in Participants with Hypertension and Chronic Kidney Disease at European Meeting on Hypertension and Cardiovascular Protection (ESH 2026)

Mineralys Therapeutics Presents New Data from the Phase 3 Launch-HTN Trial of Lorundrostat in Participants with Hypertension and Chronic Kidney Disease at European Meeting on Hypertension and Cardiovascular Protection (ESH 2026)

Mineralys Therapeutics presented new positive clinical data from its Phase 3 Launch-HTN trial showing that lorundrostat, a highly selective aldosterone synthase inhibitor, significantly lowered systolic blood pressure and reduced albuminuria in patients with hypertension and chronic kidney disease (CKD). The drug demonstrated a favorable safety pro…