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☆ Biotech stocks are ready to break out. They just need one more thing
▼ + stars: | 2024-04-10 | by ( Christina Cheddar Berk | In | ) www.cnbc.com time to read: +5 min

While debate rages on about when the Federal Reserve might start cutting interest rates, biotech industry analysts are making the case that the argument for stocks in the sector is growing. Last week, Morgan Stanley analysts noted that it is the months leading up to an initial rate cut when biotech stocks outperform. Morgan Stanley also believes the case for biotech stocks is further reinforced by the financing environment and the outlook for mergers and acquisitions as well as upcoming innovation. The case for innovation Morgan Stanley also favors owning biotech stocks that have a strong drug platform even if the key catalyst of clinical trial data and FDA approvals are farther out. Rhythm ranks among the stocks rated overweight that Morgan Stanley favors in this category.

Persons: Morgan Stanley, Needham, Joseph Stringer, dealmaking, Stringer, erosive, it's, Phathom, GERD, LSEG, Merck, — CNBC's Michael Bloom Organizations: Federal Reserve, Nasdaq, Oncology, Immunology, Phathom Pharmaceutical, Pharmaceuticals, Phathom Pharmaceuticals, LSEG, Drug, Bristol Myers Squibb, Pfizer, Intellia Therapeutics, Rocket Pharmaceuticals Locations: New Jersey

But J&J's drug is walking away with a notable edge over its rival. They add more options to a growing arsenal of treatments that have helped improve outcomes for people with multiple myeloma. But the new approvals also give J&J's therapy, which was developed with Legend Biotech, a clear advantage over Bristol Myers's drug. J&J's drug has gradually gained ground over Abecma in the CAR-T market for multiple myeloma, even though it first entered the market a year later. With the new approval on Friday, Jefferies' Shi expects J&J's drug to win the majority of that market share.

Persons: Jonathan Raa, Johnson, Myers's, Bristol Myers, Jefferies, Kelly Shi, Shi, Carvykti, Cantor Fitzgerald, Rick Bienkowski, Kelsey Goodwin, Annika, annikakim.constantino@nbcuni.com Organizations: Nurphoto, Bristol Myers Squibb, Johnson, Food and Drug Administration, FDA, Legend Biotech, Bristol, New York Stock Exchange, NYSE, Reuters, Mount Sinai Hospital, Getty Locations: Bristol, U.S, EU, Japan, Mount Sinai, New York City

☆ MAI Capital's Grisanti offers 3 buys and a bail: Bristol Myers Squibb, Verizon, Hershey & Boeing
▼ + stars: | 2024-04-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMAI Capital's Grisanti offers 3 buys and a bail: Bristol Myers Squibb, Verizon, Hershey & BoeingChris Grisanti, MAI Capital Management chief equity strategist, joins 'The Exchange' to discuss how to trade Bristol Myers Squibb, Verizon, Hershey, and Boeing.

Persons: Boeing Chris Grisanti Organizations: MAI, Grisanti, Bristol Myers Squibb, Verizon, Hershey, Boeing, MAI Capital Management

☆ ‘Extraordinary’ archive of ancient brains could help shed light on mental illness
▼ + stars: | 2024-03-25 | by ( Katie Hunt | ) edition.cnn.com time to read: +7 min

CNN —An undertaker turned academic, Alexandra Morton-Hayward became interested in brains — specifically how they decompose — during her former job. To understand why, the anthropologist has compiled a unique archive of information about 4,405 brains unearthed by archaeologists. No other soft tissue survived amongst the bones, which were dredged from a heavily waterlogged grave. Morton-Hayward works in a lab in Oxford, England, where she has helped build a collection of 570 ancient brains. Interestingly, many of the oldest brains are preserved in this unknown way, Morton-Hayward said.

Persons: Alexandra Morton, Hayward, “, ”, Martin Wirenfeldt Nielsen, wasn’t, He’s, ” Wirenfeldt Nielsen, Alexandra L, Morton, It’s, “ I’m Organizations: CNN, University of Oxford, Morton, South Denmark University Hospital, University of Southern, Stone Age, Royal Society B Biological Sciences, Hayward Locations: Morton, Bristol, England, Russia, Oxford, Stone, Stone Age Sweden, Sint, Ypres, Belgium, Polish

☆ 3 signs and symptoms of an unhealthy gut and how to fix it, according to a gastroenterologist
▼ + stars: | 2024-03-18 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +4 min

Dr. Will Bulsiewicz, a gastroenterologist, shared three signs of an unhealthy gut with Business Insider. He also shared three ways to improve gut health and fix those symptoms. And with the rate of colorectal cancer cases in under 50s increasing, maintaining good gut health is more important than ever. But there's no miracle pill to improve gut health, despite what the greens powder or probiotic supplement brands might have you think. He told Business Insider the three potential signs of an unhealthy gut and three approaches that could fix it.

Persons: Will Bulsiewicz, —, ZOE, Bulsiewicz Organizations: Service, US, Omega

☆ Andre Gordon: A Pennsylvania man is suspected of killing 3 people, including his teen sister, at 2 different homes
▼ + stars: | 2024-03-17 | by ( Dalia Faheid | ) edition.cnn.com time to read: +7 min

He carried out the attacks with an “AR-15 style assault rifle,” Falls Township Police Chief Nelson Whitney said. Around 11:38 a.m., the carjacked Honda CRV was found abandoned in Trenton, according to Falls Township Police. The pair of shootings were “domestic related,” Falls Township Chairman of Board of Supervisors Jeff Dence told CNN. Family members were present at both homes in Falls Township, according to Schorn. Gordon is also believed to have “family ties” to the Trenton house, she said in a news conference.

Persons: carjacking, Andre Gordon, Nelson Whitney, “ He’s, Steve Wilson, Gordon, Wilson, “, ” Wilson, Reed Gusciora, Gusciora, Karen Gordon, Kera Gordon, Jennifer Schorn, ” Schorn, Taylor Daniel, Schorn, Honda CRV, ” Gusciora, CNN’s Polo Sandoval, Matt Rourke, Jeff Dence, ”, Andre, Brian Fitzpatrick, carjacked, Josh Shapiro, we’re Organizations: CNN — Police, Police, Authorities, Honda, Falls Township Police, CNN, ”, Police Police, FBI, Pennsylvania State Police, Pennsylvania Locations: Pennsylvania, New Jersey, Falls Township, Falls, ” Trenton , New Jersey, Trenton , New Jersey, Trenton, Levittown , Pennsylvania, Bucks County, Edgewood Lane, Bristol Pike, Morrisville ., Philadelphia, ” Falls, Lower Bucks, selfishly

☆ Live updates: 3 killed in Pennsylvania shooting, suspect barricaded in New Jersey with hostages, officials say
▼ + stars: | 2024-03-16 | by ( Adrienne Vogt | Matt Meyer | ) edition.cnn.com time to read: +1 min

Authorities say Gordon, who was driving a stolen vehicle, fatally shot two people who lived at the residence. Following the shooting, Gordon then went to Edgewood Lane, where he fatally shot another individual, according to officials. Officials say Gordon knew all the shooting victims. Police say Gordon was last seen wearing a dark hooded sweatshirt. Police say Gordon is considered extremely dangerous, and anyone who sees him should be asked to contact the authorities.

Persons: JD Mullane, Andre Gordon, Gordon Organizations: USA, Network Pennsylvania, Police, Middletown Township Police Locations: Falls Township, Falls, Levittown, Edgewood Lane, Bristol Pike, Morrisville, Pennsylvania, Trenton , New Jersey, Middletown Township

☆ Supersonic Concorde airplane floats down New York’s Hudson River
▼ + stars: | 2024-03-14 | by ( Jeff Winter | ) edition.cnn.com time to read: +1 min

CNN —Concorde, the world’s fastest commercial aircraft, has been making a rare journey – floating down New York’s Hudson River. The British Airways Concorde, one of only 20 of the supersonic aircraft to ever fly, has been en route back to NYC’s Intrepid Museum after being sanded and recoated during several months of restoration. The last ever flight by a Concorde was made on November 26, 2003. That aircraft, known as Delta Foxtrot, is now housed in Aerospace Bristol, an aviation museum in the west of England. Tours of Intrepid’s Concorde will resume on April 4, the museum says.

Persons: CNN’s Barry Neild Organizations: CNN, Concorde, British Airways Concorde, NYC’s Intrepid Museum, Intrepid, British Airways, Singapore Airlines, Intrepid’s Concorde Locations: Hudson, Jersey City , New Jersey, New York, London, Concordes, Paris, Aerospace Bristol, England

☆ Sydell L. Miller, Self-Made Eyelash and Hair Care Mogul, Dies at 86
▼ + stars: | 2024-03-14 | by ( Alex Traub | ) www.nytimes.com time to read: +1 min

Sydell L. Miller, a self-made beauty mogul who went from the stay-at-home wife of a Cleveland salon owner to a Palm Beach mansion so immense that it was said to take an hour to walk through all of its rooms, died on Feb. 25 at her home in Cleveland. Her daughter Stacie Halpern confirmed the death. Ms. Miller had various health issues, including serious heart problems dating to the early 1990s; Ms. Halpern said that a combination of factors had recently caused her mother’s health to decline. Ms. Miller and her husband, Arnold Miller, created two dominant brands: Ardell, the industry standard for abundant and shapely false eyelashes, and Matrix Essentials, which has often been described as the nation’s largest manufacturer of salon products and was the primary source of Ms. Miller’s fortune. In 1994, two years after her husband’s death, Bristol Myers Squibb bought Matrix from Ms. Miller for $400 million.

Persons: Miller, Stacie Halpern, Halpern, Arnold Miller Organizations: Bristol Myers Squibb Locations: Cleveland

☆ A lower-cost options trade that wins if this cheap drug stock keeps making a comeback
▼ + stars: | 2024-03-13 | by ( Tony Zhang | ) www.cnbc.com time to read: +3 min

Let's analyze how to trade a drug stock that's made a terrific comeback and could have more upside from here. But there's a catch: The price of call options have become too expensive given the rally, so we need to think of lower-cost trade to bet on upside from here. Now that it's traded off those lows and started to outperform the markets, I have a follow-up trade. The trade Options on BMY currently are very expensive, so buying calls are out of the question. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: that's, BMY, it's Organizations: Myers Squibb, underperformance, pharma, Bristol Myers Locations: Bristol

☆ Spanish police bust alleged Banksy forgery ring
▼ + stars: | 2024-03-08 | by ( Christy Choi | ) edition.cnn.com time to read: +3 min

CNN —Spanish police said they have shut down an alleged forgery ring selling fake Banksy artworks across the US and Europe for up to 1,500 euros ($1,642) a piece. Investigators seized nine artworks during a raid of an apartment in the city of Zaragoza, northern Spain, according to Catalan police. Video Ad Feedback Related video: Banksy shares behind-the-scenes video from Ukraine 00:58 - Source: CNNPolice said they have charged four people with fraud and intellectual property offenses. Investigators said Banksy’s Pest Control organization, the only body able to officially authenticate the artist’s work, has confirmed that pieces linked to the Zaragoza workshop are fake, as are the accompanying certificates. Police became suspicious after noticing that many similar works had become available on the market, the statement added.

Persons: Banksy, ” Organizations: CNN, police, Historical Heritage Unit, CNN Police, Pest Control Locations: Europe, Zaragoza, Spain, Germany, Switzerland, United States, United Kingdom, Ukraine, Pest, British, Bristol, —

☆ EVs are eventually the way of the future, says MAI Capital's Chris Grisanti
▼ + stars: | 2024-03-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEVs are eventually the way of the future, says MAI Capital's Chris GrisantiChris Grisanti, MAI Capital Management chief equity strategist, joins 'The Exchange' to discuss how to trade Hersehy, Pfizer, Bristol Myers, Albemarle, and homebuilders.

Persons: Chris Grisanti Chris Grisanti, Bristol Organizations: MAI Capital Management, Pfizer Locations: Bristol Myers, Albemarle

☆ What it would take for humans to actually survive the harsh conditions on Dune's planet Arrakis
▼ + stars: | 2024-03-02 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +9 min

Frank Herbert first described this harsh, fictional world of Arrakis in his 1965 novel "Dune," which was recently adapted into a film trilogy. The movie was shot in the deserts outside Abu Dhabi, but we wondered what it would actually take to survive on a real-life Arrakis. AdvertisementDune's planet Arrakis has enormous sandworms, a drug known as spice that helps with interstellar travel, and two moons. Planet Arrakis lacks oceans, lakes, or even tiny puddles on its surface. Surviving the temperature extremesIf the lack of water on Arrakis doesn't kill you, the heat certainly will if you're not prepared.

Persons: —, Frank Herbert, Seth Collings Hawkins, Amy J, it's, Alexander Farnsworth, Farnsworth, Herbert, Hawkins, Arrakis, Kreykes Organizations: Service, Business, Wake Forest University School of Medicine, University of Texas Medical Branch, Warner Bros, University of Bristol, Mexican - Locations: Abu Dhabi, Arrakis, Sonoran, Mexican, Mexican - U.S, Arizona , New Mexico, California

☆ Judge rejects AstraZeneca’s challenge to Medicare drug price negotiations
▼ + stars: | 2024-03-01 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

A federal judge on Friday rejected AstraZeneca 's legal challenge to Medicare's new power to negotiate the prices of certain costly prescription drugs with manufacturers. The decision is another win for the Biden administration in a bitter legal fight with the pharmaceutical industry over the constitutionality of those price talks. The opportunity to sell drugs to more than 49 million Medicare and Medicaid beneficiaries is a "powerful incentive" for manufacturers to participate in the price talks with the government, Connolly wrote. The ruling comes a month after a federal judge in Texas tossed a separate lawsuit challenging the price talks. On March 7, Bristol Myers Squibb, Novo Nordisk, Novartis and Johnson & Johnson will present their oral arguments to a federal judge in New Jersey in the same hearing.

Persons: AstraZeneca, Biden, AstraZeneca's, Colm Connolly, Connolly, Johnson Organizations: U.S . Department of Health, Human Services, Washington , D.C, Manufacturers, Supreme, District, AstraZeneca, Chamber of Commerce, Bristol Myers Squibb, Novo Nordisk, Novartis, Johnson, CNBC PRO Locations: Washington ,, Delaware, Texas, Ohio, New Jersey

☆ Why Britain Is Struggling With Nuclear Power
▼ + stars: | 2024-02-22 | by ( Stanley Reed | ) www.nytimes.com time to read: +1 min

A rust-colored dome looms over the muddy farmland of Hinkley Point, a headland overlooking the Bristol Channel in southwest England. When a giant yellow crane hoisted the 150-foot-wide concrete-and-steel saucer into place this winter, it signified a milestone for what will be the first commercial nuclear power station built in Britain since the mid-1990s and a flagship in an effort to revive the industry. Yet the capping of the first of twin cylindrical buildings for reactors was also a reminder of the prodigious, lengthy and increasingly costly effort to build what is known as Hinkley Point C.Work has been underway on the plant for more than a decade, yet completion remains years away. Recently, Électricité de France, the French state utility that is constructing the plant, warned of yet more delays. The start date, which two years ago was scheduled for 2027, has been pushed to the end of this decade, or perhaps 2031.

Persons: Électricité Organizations: Bristol Locations: Hinkley, England, Britain, France

☆ 'This is the mental health moment': Innovation and M&A are helping to boost these stocks to new heights
▼ + stars: | 2024-02-19 | by ( Michelle Fox | ) www.cnbc.com time to read: +14 min

There's been a lot of chatter about the mental health crisis since the Covid-19 pandemic. Attention to a long-time crisis The mental health crisis is nothing new. However, there has also been a growing awareness and acceptance of mental health illnesses over the past decade, said Canaccord Genuity analyst Richard Close. "There's been recognition that mental health has a significant impact on a person's overall health," he said. "This is the mental health moment," said Dr. Ken Duckworth, NAMI's chief medical officer and author of "You Are Not Alone: The NAMI Guide to Mental Health."

Persons: There's, Covid, Peter Micca, AbbVie, Emraclidine, Myers Squibb, Karuna, Marc Goodman, Canaccord, Richard Close, MacKenzie Scott, Ken Duckworth, NAMI, Deloitte's Micca, William Blair, Myles Minter, Minter, Auvelity, Leerink's Goodman, Ashwani Verma, Verma, Goodman, BioHaven, Cerevel, Neumora, tardive, David Song, BetterHelp, psychedelics Johnson, Johnson, Spravato, Blair's Minter, Axsome, Micca, Michael Bloom Organizations: Institute for Health Metrics, Deloitte, Cerevel Therapeutics, Karuna Therapeutics, Bristol Myers, Leerink Partners, Centers for Disease Control, National Alliance, Mental, Mental Health, Wall Street, Therapeutics, Neumora Therapeutics, UBS, Karuna, Cellular Therapies, Xenon Pharmaceuticals, Neurocrine Biosciences, Acadia Pharmaceuticals, Tema Neuroscience, Axsome Therapeutics, Acadia Healthcare, BetterHelp, CNBC, pharma, Cellular Locations: Covid, Bristol, XEN1101, Acadia, Tema

☆ Conservatives Suffer Setback in Parliamentary Election in Britain
▼ + stars: | 2024-02-15 | by ( Stephen Castle | Mark Landler | ) www.nytimes.com time to read: 1 min

Britain’s governing Conservative Party has lost the first of two parliamentary elections in a new blow to its embattled leader, Prime Minister Rishi Sunak, whose future has been questioned by critics within his fractious political party. The Conservatives were defeated in Kingswood, near Bristol, by 8,675 to 11,176 votes, losing a seat that the party had previously held. Votes were cast Thursday to replace two Conservative lawmakers who had quit Parliament, with the first set of results announced early Friday morning. With a general election expected later this year, the result is likely to compound Mr. Sunak’s difficulties at a time when the British economy is shrinking, interest rates are high, and Britain’s health service seems to be in a state of almost permanent crisis. Opinion polls show his party trailing the opposition Labour Party by double-digit margins.

Persons: Rishi Sunak Organizations: Conservative Party, Conservatives, Labour Party Locations: Kingswood, Bristol, British

☆ Exclusive-Google to Launch Anti-Misinformation Campaign Ahead of EU Elections
▼ + stars: | 2024-02-15 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +3 min

By Martin CoulterLONDON (Reuters) - Google is preparing to launch an anti-misinformation campaign across five countries in the European Union (EU), the company told Reuters ahead of the bloc's parliamentary elections and tougher new rules tackling online content. France, Poland and Germany accused Russia on Monday of putting together an elaborate network of websites to spread pro-Russian propaganda. Jigsaw's ads will be translated into all 24 official EU languages, the company said. The campaign will run for at least one month, with a view to extend it based on reach and performance. Results from the campaign, including survey responses and the number of people reached, are expected to be published in summer 2024.

Persons: Martin Coulter, Jigsaw, We've, Beth Goldberg, Goldberg, Matt Scuffham, Elaine Hardcastle Organizations: Martin Coulter LONDON, Google, European Union, Russia, Europe's Digital Services, YouTube, Universities of Cambridge Locations: France, Poland, Germany, Belgium, Italy, Europe, Bristol, Ukraine

☆ Federal judge tosses lobbying group's lawsuit challenging Medicare drug price negotiations
▼ + stars: | 2024-02-13 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

The decision is an early win for the Biden administration as it grapples with a flurry of other legal challenges that drugmakers have filed against the Medicare drug price negotiations. The judge's ruling won't end the legal battle over the policy, which could end up at the Supreme Court. A slate of major companies with drugs selected for negotiations, including J&J, Merck , and Bristol Myers Squibb , have filed separate lawsuits challenging the constitutionality of the price talks. The suit also argued that the price talks violate the Eighth Amendment because they include a "crippling" excise tax aimed at forcing drugmakers to accept the government-dictated price of medicines. The groups also argued that the price talks violate due process by denying pharmaceutical companies and the public input on how Medicare negotiations will be implemented.

Persons: Biden, drugmakers, Judge David Ezra of, Ezra, NICA's, Nicole Longo, PhRMA, Eli Lilly, Johnson, NICA Organizations: U.S . Department of Health, Human Services, Supreme, Medicare, Western, Western District of Texas, Pharmaceutical Research, Manufacturers of America, Global Colon Cancer Association, National, Center Association, CNBC, Pfizer, Johnson, Merck, Bristol Myers Squibb, Chamber of Commerce, Department of Health, Department of Justice Locations: Washington ,, Western District, PhRMA, Ohio

☆ Senators to question Merck, J&J and Bristol Myers Squibb CEOs over high U.S. drug pricing
▼ + stars: | 2024-02-08 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +2 min

Senators will question the CEOs of Johnson & Johnson , Merck and Bristol Myers Squibb on U.S. drug prices at a hearing Thursday, as lawmakers on both sides of the aisle work to rein in high health-care costs for Americans. Prescription drug prices in the U.S. are also more than 2.5 times as high as those in other high-income nations, another federal report showed. The Senate Health, Education, Labor and Pensions Committee says that's especially true for some of the top drugs from J&J, Merck and Bristol Myers Squibb. ET and include testimony from J&J CEO Joaquin Duato, Merck CEO Robert Davis and Bristol Myers Squibb CEO Chris Boerner. A spokesperson for Bristol Myers Squibb did not immediately respond to a request for comment ahead of the hearing.

Persons: Sen, Bernie Sanders, Ed Markey, Joaquin Duato, Robert Davis, Chris Boerner, Duato, Davis, Bristol Myers, Eli Lilly's, J Organizations: Capitol, Johnson, Merck, Bristol Myers Squibb, U.S, Health, Education, Labor, Pensions, Bristol Myers, CNBC, J, Bristol Locations: U.S

☆ Under Bernie Sanders’s Glare, Pharmaceutical Chiefs Will Testify on Drug Prices
▼ + stars: | 2024-02-08 | by ( Noah Weiland | Rebecca Robbins | ) www.nytimes.com time to read: +1 min

The chief executives of three major pharmaceutical companies are set to appear in front of the Senate health committee on Thursday to defend how much they charge for drugs in the United States, drawing them further into a confrontation with lawmakers and the Biden administration over the cost of some of the most widely used prescription medications. The three executives scheduled to testify — Joaquin Duato of Johnson & Johnson, Robert M. Davis of Merck and Christopher Boerner of Bristol Myers Squibb — are expected to clash with the health committee’s chairman, Senator Bernie Sanders of Vermont, an independent who has made reining in drug prices a signature cause of his late-career years in Congress. Mr. Sanders plans to focus the hearing on why drug prices are higher in the United States than in other wealthy countries. His staff has singled out several widely used drugs, including Eliquis, a blood thinner made by Bristol Myers Squibb, and Januvia, a diabetes drug from Merck, that can be bought for much less in Canada and Europe than in the United States.

Persons: Biden, — Joaquin Duato, Johnson, Robert M, Davis, Christopher Boerner, Bernie Sanders of, Sanders Organizations: Merck, Bristol Myers Squibb Locations: United States, Bernie Sanders of Vermont, Canada, Europe

☆ These stocks could be the hardest hit if Treasury yields don't come down, says Piper Sandler
▼ + stars: | 2024-02-07 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

If higher Treasury yields persist, Piper Sandler believes certain stocks could see their earnings at risk. The yield on the 10-year Treasury rose as high as 4.16% on Monday after hitting a low around 3.8% last week. The 10-year Treasury was last hovering at the 4.09% level. The firm looked for stocks with a high correlation to the 10-year Treasury yield and downbeat earnings revisions, based on a proprietary EPS revisions ratio. Pharmaceutical stock Bristol-Myers Squibb has a comparatively lower correlation value of 0.188 to the 10-year yield.

Persons: Piper Sandler, Jerome Powell, Russell, Charles Schwab, Myers Squibb Organizations: Federal Reserve, Treasury, Piper, Bank of America, Bank, LSEG, East West Bancorp, West Bancorp, Oil, Pharmaceutical, Bristol, Myers Squibb, Redburn Locations: Bristol

McLEAN, Va. (AP) — A Virginia Senate committee on Tuesday rejected legislation that would have allowed a referendum on a casino in the wealthy suburbs of the nation’s capital. The committee rejected a motion to kill the bill outright, instead opting to carry the bill over to 2025 for future consideration. A study commissioned in 2019 by the Joint Legislative Audit and Review Committee found that a northern Virginia casino could generate $155 million annually in tax revenue, more than any of the other casinos built in Virginia. Virginia voted in 2020 to allow locations in five cities, subject to referendum. Bristol, Danville, Portsmouth and Norfolk all voted for a casino; Richmond voters twice rejected a proposed casino in that city.

Persons: Sen, Louise Lucas, Lucas, ” Sen, Jennifer Boysko, David Marsden, Marsden, ” Marsden, “, Scott Surovell, Connie Hartke, ”, “ We're Organizations: Senate Finance, Assembly, Fortune, Fairfax, Audit, MGM, Reston Citizens Association, Richmond Locations: McLEAN, Va, Virginia, Fairfax County, Tysons, ”, National Harbor, Potomac, Reston, Petersburg, Bristol, Danville, Portsmouth, Norfolk, Richmond

☆ A UK professor was unfairly fired over his anti-Zionist beliefs, a tribunal ruled
▼ + stars: | 2024-02-06 | by ( Thibault Spirlet | Joshua Zitser | ) www.businessinsider.com time to read: +4 min

Read previewA professor fired for his anti-Zionist beliefs was unfairly dismissed, an employment tribunal ruled on Monday. Miller claimed that the university unfairly and discriminatorily mistreated him during the course of the procedures, which ultimately resulted in his dismissal. The employment tribunal said in its 108-page ruling on Monday that Miller had been wrongfully fired and had been subjected to prejudice because of his philosophical beliefs in violation of the UK's Equality Act 2010. The Union of Jewish Students, which represents Jewish societies at UK universities, said in a statement that it is "disappointed" by the judgment which it said would "ultimately make Jewish students less safe." AdvertisementThe UJS added: "This may set a dangerous precedent about what can be lawfully said on campus about Jewish students and the societies at the center of their social life."

Persons: —, David Miller, Miller, discriminatorily, Elizabeth Magill, Claudine Gay Organizations: Service, UK's University of Bristol, Business, University of Bristol, Harvard, Yale, University of Pennsylvania, Penn, Jewish Students, Security Trust Locations: Israel, Palestine, Britain, British

☆ Medicare now negotiating price of drug that costs $7,100 in US vs. $900 in Canada
▼ + stars: | 2024-02-06 | by ( Tami Luhby | ) edition.cnn.com time to read: +3 min

The annual list price of Bristol Myers Squibb’s Eliquis, a blood thinner that reduces the risk of stroke, is $7,100 in the US. Johnson & Johnson’s arthritis drug Stelara carries an annual list price of $79,000 in the US. Johnson & Johnson declined to comment on Sanders’ report. Medicare launches drug price negotiationsOther nations typically pay far less for medications, in large part because their governments often determine the cost. Those who have yet to meet their deductible and the uninsured may have to pay the full list price.

Persons: CNN — Sen, Bernie Sanders, Bristol Myers, it’s, Johnson, Sanders, drugmakers, Biden, Donald Trump, Sanders ’, Bristol Myers Squibb, Merck Organizations: CNN, Bristol, Health, Education, Labor, Pensions, Johnson, Merck, Bristol Myers Squibb, Medicare, Bristol Myers Locations: Japan, Canada, Germany, United Kingdom, France, Vermont

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