Biotech company Biogen lowered its full-year profit forecast, citing higher costs related to its purchase of drug maker Reata Pharmaceuticals as well as the launch of its Alzheimer's drug.
Share:
More In Business
Thousands of Fake Facebook Accounts Shut Down by Meta Were Primed to Polarize Voters Ahead of 2024
Someone in China created thousands of fake social media accounts designed to appear to be from Americans and used them to spread polarizing political content in an apparent effort to divide the U.S. ahead of next year's elections, Meta said Thursday.
Elon Musk Doesn't Mince Words With Advertisers
Elon Musk Doesn't Mince Words With Advertisers
UAW Seeking to Expand to Non-Union Automakers
UAW Seeking to Expand to Non-Union Automakers
Ford Says New Labor Contract Expected to Cost $8.8B
Ford Says New Labor Contract Expected to Cost $8.8B
Fed's Preferred Inflation Measure Up in October
Fed's Preferred Inflation Measure Up in October
Hall Accuses Oates of 'Ultimate Partnership Betrayal'
Daryl Hall has accused his long-time music partner John Oates of "the ultimate partnership betrayal" in a court document filed Wednesday.
Elon Musk to Advertisers: Go F*** Yourself
Elon Musk had some harsh words for advertisers who have left his platform X over rising hate and anti-Semitism on the platform, formerly known as Twitter.
Stocks Jump After New Inflation Data
Stocks jumped after new inflation data was released.
Saudi Arabia Extends Cut in Oil It Sends to the World in Bid to Boost Prices
Saudi Arabia will extend a cut in the amount of oil it sends to the world after a series of previous reductions by members of the OPEC+ alliance of major producing countries failed to prop up prices.
