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Researchers at the Quadram Institute on the Norwich Research Park have shown how the development of antibiotic resistance by bacteria can have ‘side-effects’ for them including affecting their ability to cause disease. Antibiotic resistance remains one of the greatest challenges to global health with very few new antibiotics and widespread resistance. It has been estimated […]

Tesla is morphing into more than a car maker

Analyst sets Tesla stock price target at $578 New Street Research managing partner Pierre Ferragu provides insight into Tesla’s profitability, stock and future. Elon Musk's Tesla is way more than just an electric-car maker, according to Morgan Stanley. Continue Reading Below That's why the firm says the stock can continue to climb, building on its 428% advance this […]

More money flowing into hedge funds amid global unrest

For the first time in more than two years, more money is flowing into hedge funds than is being pulled out of them as smart-money investors look to protect themselves from growing uncertainty around the world. The third quarter of 2020 saw net inflows of $13 billion for the hedge fund industry as a whole, […]

Etsy gets into S&P 500, Tesla does not

Fox Business Flash top headlines for September 4 Fox Business Flash top headlines are here. Check out what’s clicking on Shares of Tesla tumbled 7% in extended trade on Friday after the electric car maker was excluded from a group of companies being added to the S&P 500, among them Etsy, whose stock market […]

Tesla stock sinks into bear market

New Street Research downgrades Tesla New Street Research managing partner Pierre Ferragu discusses his outlook for Tesla shares. Tesla Inc. slid into bear-market territory Friday morning as a bruising post-split selloff in its shares continued for a fourth day. Continue Reading Below Shares of the Palo Alto, Calif.-based electric-car maker fell below the $398.66 level that […]

Alphabet Could Be Broken Into These Three Companies

The Justice Department may bring a suit against Alphabet Inc (NASDAQ: GOOGL) which would contend that its Google search engine has become a monopoly. Alphabet has several large operations that might be spun out if the government presses for a partial break up of the company. The three most likely candidates to be spun out […]

McDonald’s probe into cx-CEO eyes HR Department, cover-ups

McDonald’s sues former CEO Steve Easterbook Fox News senior judicial analyst Andrew Napolitano discusses McDonald’s lawsuit against its former CEO Steve Easterbook which accuses him of lying about sexual relationships he had with employees, calling it an ‘enormous embarrassment’ for the company. Then he later talks about Fortnite’s lawsuit against Apple and Google. McDonald’s Corp. said its continuing […]

How Apple grew into the most valuable company on earth

Forty-two years elapsed between April 1976, when two university dropouts formed Apple Computer in a California garage, and August 2018, when the company became the first publicly traded corporation to hit a vaunted trillion-dollar valuation. Over that time, Apple released the Macintosh, the iMac, the iPod and then the iPhone. It has taken just two […]

Coronavirus turns Walmart into an e-commerce dynamo

Walmart beats earnings estimates; Pier 1 wants to close down business Fox Business Briefs: Walmart reports higher-than-expected earnings in first quarter boosted by a 74 percent increase in online sales; Pier 1 seeks court approval to begin an orderly wind down of the business as soon as stores can reopen. Get all the latest news […]