![Systematic hedge funds pummeled in post-U.S. CPI stocks rally - Goldman Sachs](/i/c/38e5014d-371d-7957-aee4-2ebb1c8aa7a0.webp)
Systematic hedge funds pummeled in post-U.S. CPI stocks rally - Goldman Sachs
By Nell Mackenzie LONDON Global hedge funds that use algorithms to trade suffered their second worst single day
2023-11-16 20:54
![FDA Weighing What to Do About $900,000 Drug That May Not Work](/i/c/89d2e7ea-3b0b-b12f-b46b-3274f6389423.webp)
FDA Weighing What to Do About $900,000 Drug That May Not Work
The cancer drug Folotyn, one of the most expensive in the US, received a short-cut approval from US
2023-11-16 18:52
![‘Everything’s Locked Up’: Shoppers Turn to Amazon as Big-Box Retailers Combat Theft](/i/c/ee943406-2f43-1e82-d075-b5238b861fca.webp)
‘Everything’s Locked Up’: Shoppers Turn to Amazon as Big-Box Retailers Combat Theft
Like many shoppers, New Yorker Sarah Henry is accustomed to retailers locking up products to thwart thieves. But
2023-11-16 18:51
![Thailand to Tighten Cannabis Rules After 6,000 Shops Open](/i/c/0fada515-d0f6-f2c9-2b63-9779cf95f160.webp)
Thailand to Tighten Cannabis Rules After 6,000 Shops Open
Thailand’s new government is seeking to tighten control over the country’s nascent cannabis industry, taking steps to curb
2023-11-16 16:53
![Sanofi Taps Adviser for OTC Spinoff as Buyout Firms Circle](/i/c/d86aee3d-7e3b-7e02-9c65-31bbc2f3cb75.webp)
Sanofi Taps Adviser for OTC Spinoff as Buyout Firms Circle
Sanofi is working with an adviser to start preparations for a planned separation of its consumer health division,
2023-11-16 16:18
![Investors in thematic funds hurt returns by trading too frequently: Morningstar](/i/c/bf4cd49f-4827-0d88-dc89-2e1273baa85b.webp)
Investors in thematic funds hurt returns by trading too frequently: Morningstar
By Bansari Mayur Kamdar Investors in thematic funds cut their returns by nearly two-thirds through badly-timed trades, a
2023-11-16 01:17
![Novo Nordisk Staff Get Free Wegovy As a Perk If They Need It](/i/c/a29c58f2-be58-b718-5611-da2eb42698ca.webp)
Novo Nordisk Staff Get Free Wegovy As a Perk If They Need It
If you’re a Novo Nordisk A/S employee with obesity, you will have access to a unique company perk:
2023-11-16 00:24
![JPMorgan Has a New Way to Gauge Its Green Progress](/i/c/36c30c2d-32db-a16e-430d-ac4ed728ae0b.webp)
JPMorgan Has a New Way to Gauge Its Green Progress
The world’s leading fossil fuel financier has come up with a new way to assess how well it’s
2023-11-15 19:48
![Germany Mulls Obesity Drug Export Ban as EU Confronts Shortage](/i/c/891bfe09-7305-a3aa-0e83-a8d4526fb58f.webp)
Germany Mulls Obesity Drug Export Ban as EU Confronts Shortage
Germany is considering an export ban on Novo Nordisk A/S’s blockbuster weight-loss drugs as European countries try to
2023-11-15 18:54
![Israeli Forces Begin ‘Targeted Operation’ at Gaza Hospital](/i/c/78003d24-ca99-e5d6-705d-d6b39260f729.webp)
Israeli Forces Begin ‘Targeted Operation’ at Gaza Hospital
Israel’s military said it is undertaking an operation at a major Gaza hospital it accuses Hamas of using
2023-11-15 09:28
![Chevron reviewing options for East Texas assets after shale acquisitions](/i/c/fea6f4cb-b3b3-469b-ba10-c98b8a2cbb27.webp)
Chevron reviewing options for East Texas assets after shale acquisitions
By Sabrina Valle, Shariq Khan and David French Chevron Corp said it is evaluating options for around 70,000
2023-11-15 07:48
![Nowhere Is Safe From Worsening Climate Change, New US Report Warns](/i/c/1b7916e1-b092-4a06-e8c6-01570e3770b7.webp)
Nowhere Is Safe From Worsening Climate Change, New US Report Warns
The floods, heat waves, storms and fires fed by global warming are getting worse across the US and
2023-11-15 01:16