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Latest Articles

Keros Therapeutics Reports Second Quarter 2026 Financial Results

Keros Therapeutics Reports Second Quarter 2026 Financial Results

Keros Therapeutics announced the initiation of a Phase 2 clinical trial for rinvatercept in treating Duchenne muscular dystrophy (DMD), following promising Phase 1 results showing increased muscle and bone mass and decreased fat mass. The company reported a net loss of $28.7 million for Q2 2026, an improvement from the prior year, driven by decreas…

Letter to Stockholders Issued by Diamondback Energy, Inc.

Letter to Stockholders Issued by Diamondback Energy, Inc.

Diamondback Energy, Inc. announced a robust Q2 2026 operational and financial performance, highlighted by reaching over one million barrels of oil equivalent per day in production for the first time. The company responded rapidly to global oil supply shocks by increasing production through drilled but uncompleted wells and is raising full-year prod…

United Fire Group, Inc. reports second quarter 2026 results

United Fire Group, Inc. reports second quarter 2026 results

United Fire Group, Inc. reported a 45% increase in net income to $33.4 million ($1.29 per diluted share) for Q2 2026, alongside a 9% rise in net written premiums to $406.4 million. The combined ratio improved by 1.1 points to 95.3%, driven by lower catastrophe losses and solid underwriting results. Net investment income rose 33% to $28.9 million. B…

25 Democratic-Led States File Suit Over Latest U.S. Tariffs

25 Democratic-Led States File Suit Over Latest U.S. Tariffs

On Aug 3, a coalition of 25 Democratic-led U.S. states filed a lawsuit in the U.S. Court of International Trade in New York, contesting the Trump administration's July 24 imposition of new tariffs on goods from 60 trading partners. The suit, announced by the Oregon Attorney General's office, follows separate legal challenges from small U.S. busines…

California Supreme Court Rejects 'Duty to Innovate' Claim in Favor of Gilead

California Supreme Court Rejects 'Duty to Innovate' Claim in Favor of Gilead

The California Supreme Court, in a 6-1 ruling, dismissed negligence claims from roughly 24,000 HIV patients against Gilead Sciences over the company’s decision two decades ago to stop developing an alternative formulation. The court held that imposing a legal 'duty to innovate' would force juries to second-guess scientific decisions and could harm …