Investors nervous over escalation of Middle East conflict as US president says he wants to ‘take the oil in Iran’ Business live – latest news The price of oil rose sharply to $116 a barrel on Monday as Donald Trump threatened to “blow up” and “completely obliterate” Iranian electricity plants, oil wells and its export hub Kharg Island if it did not agree to a deal. Brent crude, the international b...
Investors nervous over escalation of Middle East conflict as US president says he wants to ‘take the oil in Iran’ Business live – latest news The price of oil rose sharply to $116 a barrel on Monday as Donald Trump threatened to “blow up” and “completely obliterate” Iranian electricity plants, oil wells and its export hub Kharg Island if it did not agree to a deal. Brent crude, the international benchmark for oil, rose by 1.6% on Monday after Trump wrote on his social media platform Truth Social that if a deal was not agreed and the strait of Hormuz was not reopened, the US would take further action. Continue reading...
When Wall Street turns bearish on a stock, it’s worth paying attention. These calls stand out because analysts rarely issue grim ratings on companies for fear their firms will lose out in other business lines such as M&A advisory.
When Wall Street turns bearish on a stock, it’s worth paying attention. These calls stand out because analysts rarely issue grim ratings on companies for fear their firms will lose out in other business lines such as M&A advisory.
Aurinia Pharmaceuticals ( AUPH ) is acquiring Kezar Life Sciences ( KZR ) for $6.955 in cash per share of Kezar common stock, plus one contingent value right. The CVR gives the shareholder the right to receive: (i) potential payments relating to the ongoing clinical development of zetomipzomib; (ii) certain proceeds relating to Kezar’s collaboration with Everest Medicines and Kezar’s sale of its S...
Aurinia Pharmaceuticals ( AUPH ) is acquiring Kezar Life Sciences ( KZR ) for $6.955 in cash per share of Kezar common stock, plus one contingent value right. The CVR gives the shareholder the right to receive: (i) potential payments relating to the ongoing clinical development of zetomipzomib; (ii) certain proceeds relating to Kezar’s collaboration with Everest Medicines and Kezar’s sale of its Sec61‑based discovery and development program to Enodia Therapeutics; and (iii) 100% of Kezar’s closing net cash exceeding $50M. Zetomipzomib is a potential first-in-class immunoproteasome inhibitor in phase 2 autoimmune hepatitis. In a phase 2 trial, zetomipzomib showed durable steroid-sparing remissions. The candidate is also under investigation for lupus nephritis and systemic lupus erythematosus. More on Aurinia Pharma, Kezar Life Sciences Aurinia Pharmaceuticals: New Management, Continued Lupkynis Performance Aurinia Pharmaceuticals: Waiting For Another Opportunity (Downgrade) Aurinia Pharmaceuticals Inc. (AUPH) Q4 2025 Earnings Call Transcript Aurinia Pharmaceuticals appoints Kevin Tang as CEO Aurinia targets $305M–$315M LUPKYNIS sales for 2026 while advancing aritinercept clinical development
TSMC (NYSE:TSM) has started production of its next generation 2nm chips, marking a new step in advanced semiconductor manufacturing. The move comes alongside record demand for AI chips from major customers such as NVIDIA and Apple. The company has raised its long term growth outlook as AI related orders and 2nm capacity ramp shape its business mix. TSMC is the leading pure play foundry serving glo...
TSMC (NYSE:TSM) has started production of its next generation 2nm chips, marking a new step in advanced semiconductor manufacturing. The move comes alongside record demand for AI chips from major customers such as NVIDIA and Apple. The company has raised its long term growth outlook as AI related orders and 2nm capacity ramp shape its business mix. TSMC is the leading pure play foundry serving global chip designers, and its 2nm technology is set to sit at the core of future AI, data center...
Morsa Images | E+ | Getty Images To maximize wealth, Americans should look beyond smart investments and embrace savvy tax planning. From strategies aimed at reducing taxable income to tax-efficient portfolio moves, there are a host of ways investors can build and protect their capital. However, many people aren't taking advantage of the options available to them. "When people are searching for way...
Morsa Images | E+ | Getty Images To maximize wealth, Americans should look beyond smart investments and embrace savvy tax planning. From strategies aimed at reducing taxable income to tax-efficient portfolio moves, there are a host of ways investors can build and protect their capital. However, many people aren't taking advantage of the options available to them. "When people are searching for ways to save money — yes, you can buy in bulk, yes, you can limit eating out — but I think sometimes people forget that you can be strategic in tax planning to save money," said certified financial planner Kamila Elliott, co-founder and CEO of Collective Wealth Partners. "Not thinking about tax planning, it can be a significant oversight for a lot of families." In fact, a recent survey from the Nationwide Retirement Institute found that most Americans aren't prepared when it comes to taxes. While 80% expect taxes to rise in the future, only 31% of that cohort are taking steps to adjust their financial plans accordingly, the poll found. What's more, 17% of investors said not knowing the best tax strategies for their portfolio is one of their biggest retirement-planning concerns. That preparation can be as straightforward as taking advantage of workplace benefits to making targeted investment decisions based on your income and tax bracket. Maximize your benefits Employers may offer several ways to reduce your taxable income, including 401(k)s and health savings accounts. Employees can have up to $24,500 taken out of their paychecks pretax in 2026 and invest in a 401(k) or 403(b). Those 50 and older can invest an additional $8,000 in catch-up contributions, while those ages 60 to 63 can make a "super catch-up" contribution of up to $11,250. The investments are tax-deferred until the money is withdrawn in retirement. However, those who earned more than $150,000 from their current employer in 2025 must put their catch-up contributions in an after-tax Roth account. That means they d...
Pakistan & Afghanistan Exchange Heavy Fire After Short-Lived Truce The prior truce between warring neighbors Pakistan and Afghanistan has been breaking down since last week. Some analysts are calling it a ceasefire in name only. The globe's attention has been on the Iran conflict, but heavy AfPak fighting has been on for almost the exact same length of time as Trump's Operation Epic Fury against I...
Pakistan & Afghanistan Exchange Heavy Fire After Short-Lived Truce The prior truce between warring neighbors Pakistan and Afghanistan has been breaking down since last week. Some analysts are calling it a ceasefire in name only. The globe's attention has been on the Iran conflict, but heavy AfPak fighting has been on for almost the exact same length of time as Trump's Operation Epic Fury against Iran . But it hasn't received much attention in international headlines. Getty Images Earlier this month a short-lived truce had been announced by the two sides just ahead of the Muslim holiday of Eid al-Fitr, which was on March 20. But clashes erupted Sunday between Kunar Province and Bajaur District, with both sides reportedly deploying heavy weapons and artillery , amid international reports of at least one dead and 16 wounded - mostly women and children - per Afghan Taliban officials. Islamabad is downplaying the flare-up in fighting, however. "Some minor violations took place from the Afghan side and we responded to it in the same sector," a Pakistan government official has said . These statements have suggested a mere exchange of border shelling. In late February Pakistan declared "open war" against Afghanistan , launching drone and missile strikes not just on Taliban border positions, but on Kabul itself, amid accusations that the Taliban has been sponsoring terror attacks against Pakistan cities and even mosques. The single deadliest incident came from an alleged Pakistani airstrike on a drug treatment center and civilian hub : Kabul said more than 400 people were killed in a Pakistani air strike on a drug rehabilitation center in the Afghan capital this month before the neighbors suspended fighting . Pakistan rejected the Taliban's statements about the strike, saying it had "precisely targeted military installations and terrorist support infrastructure". Somewhat ironically, Islamabad is currently playing host to peace talks among regional powers which are trying...
(RTTNews) - Air Canada (AC.TO) announced that Michael Rousseau has informed the Board that he will retire by the end of the third quarter of 2026. The Board stated that it will consider a number of performance criteria in assessing candidates including the ability to communicate
(RTTNews) - Air Canada (AC.TO) announced that Michael Rousseau has informed the Board that he will retire by the end of the third quarter of 2026. The Board stated that it will consider a number of performance criteria in assessing candidates including the ability to communicate
AKart Design/iStock via Getty Images Market Overview The S&P 500 Index increased by 2.66% (total return, in USD) in the fourth quarter of 2025, while the Russell 2000 Index rose by 2.21% (total return, in USD). The fourth quarter demonstrated broad resilience, as the major US indices achieved widespread gains despite softening labor market data, a record government shutdown, and increasing scrutin...
AKart Design/iStock via Getty Images Market Overview The S&P 500 Index increased by 2.66% (total return, in USD) in the fourth quarter of 2025, while the Russell 2000 Index rose by 2.21% (total return, in USD). The fourth quarter demonstrated broad resilience, as the major US indices achieved widespread gains despite softening labor market data, a record government shutdown, and increasing scrutiny of heightened artificial intelligence-related expenditures. While initial concerns regarding the sustainability of the artificial intelligence growth theme and elevated valuations led to some volatility and sector rotation, this shift broadened market leadership, further underpinned by robust corporate earnings that indicated fundamental strength. Concurrently, the Federal Open Market Committee continued its path of monetary easing, which further contributed to a broadly positive market outlook. The best performing sectors within the S&P 500 were Health Care, Communication Services, and Financials, while the worst performing sectors were Real Estate, Utilities, and Consumer Staples. For the Russell 2000, the best performing sectors were Health Care, Materials, and Communication Services, while the worst performing sectors were Consumer Staples, Information Technology, and Consumer Discretionary. Portfolio Attribution The Goldman Sachs Mid Cap Value Fund underperformed its benchmark, the Russell Midcap Value Index (net), during the quarter. The Industrials and Energy sectors contributed to returns, while the Materials and Health Care sectors detracted from returns. Western Digital Corporation ( WDC ) (1.5%) was a top contributor to relative returns during the quarter. The company is a global provider of solutions for digital content collection, storage, management, protection, and use. Western Digital Corporation's stock price rose throughout the quarter as the company benefitted from continued strong demand within its cloud segment, alongside increasing needs for artifici...