U.S. stock futures were mixed this morning, with the Nasdaq futures gaining by around 50 points on Tuesday. Shares of ACADIA Pharmaceuticals Inc (NASDAQ:ACAD) fell sharply in today’s pre-market trading after the company reported the Phase 3 ADVANCE-2 trial evaluating…
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Monday, Acadia Pharmaceuticals Inc (NASDAQ:ACAD) released top-line results from the Phase 3 ADVANCE-2 trial evaluating pimavanserin for negative symptoms of schizophrenia. Pimavanserin did not demonstrate a statistically significant improvement over placebo on the study’s primary endpoint, the change from baseline to week 26…
By Alasdair Pal, Cordelia Hsu and Adam Jourdan SYDNEY/SANTIAGO (Reuters) -Investigators from Chile's aviation authority are headed to New Zealand to head up the probe into a sudden midair dive by a LATAM Airlines Boeing 787 plane that left more…
By Foo Yun Chee BRUSSELS (Reuters) -Apple made a major concession in its battle to protect the dominance of its App Store on iPhones and other devices in Europe on Tuesday, saying developers will be free to distribute their apps…
(Reuters) - Tesla's expansion into Southeast Asia is a priority, a senior executive said on Tuesday, highlighting the fast-growing market where the U.S. electric-vehicle maker faces competition from China's BYD. The region has emerged as one of the hottest EV…
By Ann Saphir (Reuters) -A second straight month of stronger-than-expected inflation has effectively shut the door on the possibility of a Federal Reserve interest-rate cut before June, and makes back-to-back reductions after that look increasingly less likely. Gasoline and shelter…
By Jeff Mason ABOARD AIR FORCE ONE (Reuters) -U.S. President Joe Biden will nominate a new leader for the Department of Housing and Urban Development (HUD), the White House said on Monday, as Secretary Marcia Fudge announced her retirement after…
(Reuters) - U.S. crude oil production lead global oil production for a sixth straight year, with a record breaking average production of 12.9 million barrels per day (bpd), the Energy Information Administration (EIA) said in a release on Monday. In…
(Reuters) -U.S. auto-safety regulators on Monday launched a preliminary probe into emergency braking issues in certain Honda vehicles following complaints of crashes and fires. The problem affects the 2019-2022 models of the Honda Insight, a hybrid electric car, and the…
NEW YORK (Reuters) - HSBC is planning to recruit about 50 more bankers in its U.S. commercial bank to lend to startup companies, mainly in the technology and healthcare sectors, according to a senior executive. The London-headquartered bank hired about…