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Jimmy Carter, the 39th U.S. president, is in hospice care
  + stars: | 2023-02-18 | by ( ) www.cnbc.com   time to read: +7 min
Former President Jimmy Carter speaks to the congregation at Maranatha Baptist Church before teaching Sunday school in his hometown of Plains, Georgia on April 28, 2019. Former President Jimmy Carter, who at 98 years old is the longest-lived American president, has entered home hospice care in Plains, Georgia, a statement from The Carter Center confirmed Saturday. Jason Carter, the couple's grandson who now chairs The Carter Center governing board, said Saturday in a tweet that he "saw both of my grandparents yesterday. That's a staggering drop from when The Carter Center began leading the global eradication effort in 1986, when the parasitic disease infected 3.5 million people. I would not deserve to be your president," Carter said often as he campaigned.
After a long, cold dealmaking season, insiders are hoping to the market begin to thaw this year. So Insider's Carter Johnson spoke to six M&A bankers about what to expect this year. And while it's true sellers could always try and wait out the market, there's no gurantee of when things can get better. Click here to read more about what to keep an eye out for in the M&A market this year. This is what we know about the man some once considered to be a potential successor to CEO James Gorman.
Investors looking for cover this year would have done well if they sought a safe haven in large-cap pharmaceutical stocks, a trend that is likely to continue into 2023. The Inflation Reduction Act provided some clarity around drug pricing that should help health-care stocks. The average price target, according to FactSet, is $62, or nearly 40% above the stock's closing price on Tuesday. Gene therapies in focus Investors will be closely watching the progress of several gene therapies, according to Phipps. "Yes, these are expensive therapies," Phipps said.
CNN —Backstreet Boys’ member Nick Carter is being sued by a 39-year-old woman with autism and cerebral palsy who says the singer raped her as a teenager on the group’s tour bus in 2001. The singer denied the allegation in a statement provided to CNN from his attorney Michael Holtz. ABC will no longer broadcast the television special “A Very Backstreet Holiday,” set to air December 14, in light of the suit. Carter faced a similar allegation in 2017 after former pop singer Melissa Schuman accused him of raping her 15 years prior. Carter, 38, denied the allegations at the time in a statement provided to CNN.
Investors should sell biopharma stock Amgen ahead of its obesity drug update next week, according to Barclays. Analyst Carter Gould downgraded Amgen to underweight from equal weight, saying there are high expectations around its obesity drug AMG133 after the stock's rally this month. Amgen shares outperformed nearly all its peers this month, even companies that have reported strong third-quarter results, after announcing at the start of October that it will disclose more obesity drug data, according to Barclays. In short, we think AMGN shares could come under pressure after the recent gains on the back of this update," the analyst wrote. The analyst's $234 price target represents 14.5% downside from where Amgen shares closed Friday at $273.81.
Former Defense Secretary Ashton Carter died Monday evening after a "sudden cardiac event," his family said. He served as Defense Secretary in the Obama administration from 2015 to 2017. His sudden loss will be felt by all who knew him.”During his time as defense secretary, Carter was behind the campaign to defeat ISIS in Iraq and Syria. He held multiple positions within the Department of Defense, including Deputy Secretary and Under Secretary Defense for Acquisition Technology and Logistics, in addition to serving as Secretary. President Barack Obama and Vice President Joe Biden applaud Ashton Carter after Obama announced his nomination to be the next defense secretary on Dec. 5, 2014.
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