Amazon's New York headquarters eligible for Trump tax break

Amazon HQ2 decision drawing backlash over massive tax breaks Mercatus Center senior fellow Veronique de Rugy, American Action Forum President Douglas Holtz-Eakin and Fox News contributor Deroy Murdock discusses the backlash mounting over Amazon’s decision to split its second headquarters between New York and Virginia. The New York City neighborhood hand-picked by Amazon to house one-half of its new headquarters […]

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Uber posts $1 billion loss in quarter as growth in bookings slows

SAN FRANCISCO (Reuters) – Uber Technologies Inc said on Wednesday that growth in bookings for its ride-hailing and delivery services rose 6 percent in the latest quarter, the third quarter in a row that growth has remained in the single digits after double-digit growth for all of last year. The San Francisco-based firm lost $1.07 billion for the three months […]

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FDA chief: Blood pressure medicine recalls reflect increased scrutiny on drug safety

The head of the Food and Drug Administration says the agency is increasing its focus on drug quality to guard against impurities such as the potentially cancer-causing chemicals that have been found in three commonly prescribed blood pressure medications. FDA Commissioner Scott Gottlieb spoke to USA TODAY on Wednesday after the recall of versions of valsartan, irbesartan and losartan. Gottlieb said the agency has hired […]

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Cyclist, riding across country to raise money for childhood cancer, fatally struck by car

HATTIESBURG, Miss. – A fundraising cycling tour turned tragic this week when a cyclist from New Hampshire was struck by a vehicle in Mississippi. James Dobson, 32, from Dover, New Hampshire, was trying to raise $10,000 on the Positive Vibes Tour for CHaD hearts in action at Children’s Hospital at Dartmouth-Hitchcock in Lebanon, New Hampshire. The money was to help […]

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Berkshire invests in JPMorgan, Oracle as Buffett puts cash to work

(Reuters) – Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) on Wednesday said it had taken stakes in JPMorgan Chase & Co (JPM.N), Oracle Corp (ORCL.N) and Travelers Cos (TRV.N), as the conglomerate puts some of its large cash hoard to work. As of Sept. 30, Berkshire owned about $4.02 billion of stock in JPMorgan, the largest U.S. bank by assets, where […]

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How Michelle Obama used scrutiny over her style to her advantage

Michelle Obama’s newly released memoir “Becoming,” dropped Tuesday, covering a range of topics, including how she overcame her fears as a first lady at the start of her husband’s first term as president. The book also touches on a difficult adjustment she needed to make once she became a national public figure: people’s looks are sometimes studied more carefully than […]

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NantKwest Gets A Shot In The Arm, CPRX Awaits FDA Word, FOMX Meets Phase 3 Goals

Today’s Daily Dose brings you news about the near-term catalysts of Catalyst Pharma; progress in Entasis’ gonorrhea study; positive results of Foamix Pharma’s phase III papulopustular rosacea studies; Lannett’s revised revenue outlook; NantKwest’s cancer vaccine trial results; Nu Skin Enterprises’ Q3 financial results and Rennova Health’s reverse stock split. Read on… Catalyst Pharmaceuticals Inc. (CPRX) has an important catalyst to […]

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Amazon says it will bring 50,000 jobs to its two new headquarters—here's how to land a job there

After months of speculation, Amazon has officially announced that Long Island City, New York and Arlington, Virginia will be the retail behemoth’s additional headquarters. Hundreds of cities across the country eagerly wooed Amazon, which had promised to spend $5 billion developing the new headquarters that was promised to employ 50,000 people. In a video announcement, Virginia Governor Ralph Northam called […]

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Nvidia: Bad News Already Priced into Shares, Says Susquehanna

Shares of chip maker Nvidia Corp. (NVDA) caught a break this week after one team of analysts upgraded the semiconductor manufacturer ahead of its quarterly earnings results slated for Nov 15.  Nvidia, Xilinx to Gain on Burgeoning AI Inferencing Market In a note to clients, Susquehanna analyst Christopher Rolland lifted his rating on shares of the Santa Clara, Calif.-based tech […]

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