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Meta's Threads App Sees Early Success, Drawing Advertiser Interest and Twitter's Ire
Business

Meta's Threads App Sees Early Success, Drawing Advertiser Interest and Twitter's Ire

In less than 24 hours, the app has signed up more than 30 million users, surged to the top of download charts and become a

Complex Fund Names May Be a Warning Sign for Investors
Finances

Complex Fund Names May Be a Warning Sign for Investors

The more-wordy your fund name, the worse it does, says a professor who ran the numbers. But the reason isn’t clear. Source link

FDA Approves Leqembi, Extending Alzheimer's Treatment to More Patients
Business

FDA Approves Leqembi, Extending Alzheimer's Treatment to More Patients

Medicare enrollees can get the anti-amyloid treatment as a result of the agency’s full approval. Source link

FIS to Sell Majority Stake in Worldpay for $11.7 Billion
Finances

FIS to Sell Majority Stake in Worldpay for $11.7 Billion

Private-equity firm GTCR will hold a 55% stake following the deal that values the payment processor at $18.5 billion. Source link

The AI Boom Isn't Breaking the Memory-Chip Slump---Yet
Business

The AI Boom Isn't Breaking the Memory-Chip Slump—Yet

Samsung Electronics forecast a 96% drop in its operating profit for its second quarter—a sign that even the world’s largest maker of memory chips isn’t

U.S. Oil Boom Blunts OPEC's Pricing Power
Business

U.S. Oil Boom Blunts OPEC's Pricing Power

U.S. petroleum production is on pace for a record-breaking year, helping to keep energy prices stable despite the efforts of Saudi Arabia and other major

U.S. Oil Boom Blunts OPEC's Pricing Power
Finances

U.S. Oil Boom Blunts OPEC's Pricing Power

U.S. petroleum production is on pace for a record-breaking year, helping to keep energy prices stable despite the efforts of Saudi Arabia and other major