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Verizon Communications Inc. (VZ) said that about 10,400 employees, or nearly 7 percent of its workforce, have accepted the company's voluntary buyout offer that was first announced in September. This voluntary buyout program is part of Verizon's efforts...

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India's government named veteran bureaucrat Shaktikanta Das as the new governor of the Reserve Bank of India, following the abrupt resignation of Urjit Patel on Monday. Das, a former economic affairs secretary, has been appointed for a period of three...

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Just hours before a meeting with top Democratic leaders, President Donald Trump attacked the party as weak on border security in a series of posts to Twitter on Tuesday. Trump accused Democratic lawmakers of wanting "open borders" and opposing border...

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After moving sharply higher early in the session, stocks have given back some ground over the course of the trading day on Tuesday. The major averages have pulled back well off their best levels of the day but remain in positive territory.

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Kevin Hart, who was selected to host the next Academy Awards ceremony, has relieved himself from the role following a controversy over some homophobic tweets he made years ago. The American comedian, actor and producer made the announcement Friday...

jamal-khashoggi-111518_04dec18.jpg Following a briefing by CIA director Gina Haspel, leading Senate Republicans described Saudi Crown Prince Mohammed bin Salman as "complicit" in the killing of journalist Jamal Khashoggi. Senate Foreign Relations Committee Chairman Bob Corker, R-Tenn., told reporters there was "zero question" in his mind that the crown prince ordered the killing.
wallstreet-july24_04dec18.jpg Following the rally seen in the previous session, stocks showed a substantial move back to the downside during trading on Tuesday. The major averages moved sharply lower over the course of the session, more than offsetting yesterday's strong gains.
asian-market-down_04dec18.jpg Asian stock markets are in negative territory on Wednesday following the overnight plunge on Wall Street as a yield curve inversion, or short-term debt yields trading above longer-term debt yields, stoked fears about an upcoming economic slowdown. Mounting skepticism about the trade war truce reached between U.S. President Donald Trump and Chinese President Xi Jinping also weighed on the markets.
stockmarkets-dec04.jpg European stocks may follow their U.S. and Asian peers lower on Wednesday as investors fret about trade tensions and slowing global growth. Stocks across Asia moved lower amid concerns over the inversion in the yield curve and confusion surrounding...
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trump3-121118.jpg Just hours before a meeting with top Democratic leaders, President Donald Trump attacked the party as weak on border security in a series of posts to Twitter on Tuesday. Trump accused Democratic lawmakers of wanting "open borders" and opposing border security for "strictly political reasons."
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us-capitol-120618.jpg With a potential government shutdown looming, members of Congress voted Thursday to approve a short-term spending bill amid an ongoing disagreement over funding for President Donald Trump's proposed border wall. The two-week spending bill extends funding for several government agencies.
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zewgerman-dec11.jpgGerman investor confidence rose strongly in December, defying expectations for a modest weakening, but caution prevailed as financial analysts' assessment of the current economic situation again deteriorated sharply due to sluggish economic growth and uncertainties linked to global trade and Brexit. The ZEW Indicator of Economic Sentiment for Germany rose 6.6 points to reach minus 17.5 points.
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Shares of Aphria Inc. tumbled more than 23 percent in Tuesday's regular trading on the New York Stock Exchange after a short seller called the Canada-based medical cannabis company a "black hole" and alleged that the company's recent Latin American acquisitions appeared to be largely worthless. In response to the allegations, Aphria said it believes the short-seller report is malicious.
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The Swiss stock market ended Tuesday's session with a strong gain. The market recovered some of the ground it has lost in recent days thanks to renewed optimism about the trade talks between the U.S. and China. China's Commerce Ministry said Chinese Vice Premier Liu He spoke with U.S. Treasury Secretary...
UNICEF announced a $100,000 fund to six blockchain startups to solve global challenges using blockchain technology. The United Nations' charity arm for children said that the UNICEF Innovation Fund will invest the money in six companies - Atix Labs from Argentina, Onesmart and Prescrypto from Mexico, Statwig from India, Utopixar from Tunisia and W3 Engineers from Bangladesh. Read More
With already 51 new molecular entities, or NMEs, getting greenlighted by the FDA so far this year, and still 1 more month to go, 2018 could be a banner year. This outpaces the 53 new drugs approved in 1996 - the highest ever. Read More
The following are some of today's top gainers in the pharma/biotech sector. Read More
Technology is a double-edged sword, and it is even truer in the case of gene editing, a revolutionary technique that involves inserting, replacing or removing DNA of a human embryo.In this week's "Did you know" column, we bring you news about the world's first gene-edited babies, the top influential films and directors, and the association between cannabis abstinence and memory improvement. Read More
unicef-121118.jpg UNICEF announced a $100,000 fund to six blockchain startups to solve global challenges using blockchain technology. The United Nations' charity arm for children said that the UNICEF Innovation Fund will invest the money in six companies - Atix Labs from Argentina, Onesmart and Prescrypto from Mexico, Statwig from India, Utopixar from Tunisia and W3 Engineers from Bangladesh.
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Economic Calendar
DateIndicatorPeriodCountry
12/11/18 10:0Official Foreign ReservesDEC 7 Mexico
12/11/18 9:30CB Leading IndexOCT Spain
12/11/18 9:30CB Coincidence IndexOCT Spain
12/11/18 8:30PPI (Y-o-Y)NOV United States
12/11/18 8:30PPI (M-o-M)NOV United States
12/11/18 6:0Manufacturing Production (Y-o-Y)NOV South Africa
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FDA Calendar
Event DateSymbolDrug NameEvent Name
02/25/19BHC, BHC.TO Loteprednol etabonate ophthalmic gel (NDA)FDA decision on Loteprednol etabonate ophthalmic gel for post-operative inflammation and pain following ocular surgery
02/18/19ALXNALXN1210 (BLA)FDA decision on ALXN1210 for the treatment of patients with paroxysmal nocturnal hemoglobinuria
02/13/19MTFBIclaprim (NDA)FDA decision on Iclaprim for acute bacterial skin and skin structure infections
02/02/19EOLSDWP-450(Resubmitted BLA)FDA decision on DWP-450 for treatment of moderate to severe glabellar lines
01/31/19ALKSALKS 5461 (NDA)FDA’s final decision on ALKS 5461 for adjunctive treatment of major depressive disorder
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