BUSINESS

Oct 18 2024BUSINESS

Biotech Moves: Layoffs, Deals, and Drug Concerns

Let's take a look at what's been happening in the biotech world today. Sage Therapeutics is cutting its workforce by a third and changing its leadership. Why? Recent clinical trial failures have likely played a role. Over in Australia, regulators have rejected Eisai and Biogen's Alzheimer's drug, L

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Oct 18 2024BUSINESS

What's Next for Netflix Prices? Execs Talk Strategy

Netflix execs have been busy discussing something that’s on everyone’s minds—price hikes! Co-CEO Greg Peters shared some insights during their latest earnings call. He said their pricing strategy has stayed steady over the years. They aim to provide more value to members every quarter. Only then do

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Oct 18 2024BUSINESS

The New Face of Energy: Amazon Picks Nuclear

Amazon Web Services (AWS), the leading cloud computing provider, plans to invest $500 million in nuclear energy projects. This move follows similar announcements by Google and Microsoft. AWS is partnering with Virginia's Dominion Energy to develop small modular nuclear reactors (SMRs). Nuclear energ

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Oct 18 2024BUSINESS

Big Companies' Finance Chiefs Chat About AI's Impact

At a recent summit, four major companies' finance chiefs discussed the impact of artificial intelligence (AI) on their businesses. Elena Gomez, the CFO at Toast, a cloud-based restaurant management software company, shared her thoughts on how AI could change their workforce. She mentioned that busin

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Oct 18 2024BUSINESS

Can EMAS Expand Guernsey Airport's Options?

Guernsey Airport might soon welcome bigger planes. How? Thanks to a Swedish safety system called EMAS. This tech can stop planes if they go past the runway, making it safer for larger aircraft to land. Right now, Guernsey Airport, the biggest on the Channel Islands’ Bailiwick, can only handle smalle

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Oct 18 2024BUSINESS

Nvidia's Stock: A Gravity Check

Nvidia Corporation (NASDAQ: NVDA) has been on a roll, with its stock price soaring by nearly 17% since the last Hold rating. But is this growth sustainable? Analysts like Oliver Rodzianko are warning that even the best stocks can't defy the laws of gravity for long. They predict a significant drop i

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Oct 18 2024BUSINESS

Tiger Woods' Logo in Hot Water: A Cool Tech Company Fights Back

Ever heard of Tigeraire? They're a cool-air tech company from Louisiana that's making waves in the sports world. It's not just about their personal cooling devices; they're also in a heated battle over a logo. Tigeraire says Tiger Woods and his golf apparel company, Sun Day Red, are using a logo tha

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Oct 18 2024BUSINESS

New Boss at Constantin Film Shakes Things Up

Oliver Berben, the new head of Constantin Film, is taking on the fast-changing German media scene with a new strategy. He's all for the government's plan to tweak production incentives and make broadcasters invest more in European shows. Berben thinks it's time for producers to find new ways to make

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Oct 18 2024BUSINESS

Upgrade Your Mac for Less: Lifetime Microsoft Office 2019

Are you tired of paying subscription fees for office software? Here's a deal that might interest you. For a short time, you can get Microsoft Office Home & Business 2019 for Mac at an incredible price. This isn't the cloud-based version you might be thinking of; it's the older, standalone package. T

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Oct 18 2024BUSINESS

Netflix's Ted Sarandos: Skipping Theaters is Good Business

Netflix co-CEO Ted Sarandos recently backed up the streaming giant's decision to mostly forgo theatrical releases. During a call with Wall Street analysts, he explained that Netflix is primarily focused on the subscription streaming business, and it's doing quite well. Sarandos pointed out that the

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