What you need to know about the Trump administration’s tax and regulatory rollbacks

The US President’s administration is ramping up its crackdown on the business community, targeting an array of industries including oil and gas exploration, financial services and mining.The administration’s proposed budget would slash the Federal Reserve’s balance sheet by $300bn and cut its workforce by about 5,000 by 2021, the White House said on Tuesday.It would […]

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Bayer: We’re not giving up on our Alzheimer’s research

A biotech company said Tuesday it is not abandoning its research into Alzheimer’s disease, a development that would raise the stakes for a long-delayed vaccine.The news came as part of a statement by Bayer AG that announced its acquisition of the Canadian drugmaker Novartis AG for $6.5 billion.Novartis has been researching a vaccine that could […]

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Trump announces Fed cut, rate hike, inflation targets

PRESIDENT DONALD TRUMP signed a $1.4 trillion, 3-year stimulus package Monday, ending a year-long recession that triggered a recession and a global financial crisis.The U.S. Federal Reserve will increase its benchmark interest rate by 0.25 percentage points from its December 2 target of 1.5%.The central bank has already signaled that it will cut its benchmark […]

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Uber apologises for ‘unacceptable’ conduct on board UberEATS train

The Australian Financial Review (AU) article AUSTRALIA:  UberEats train drivers will be paid for their time but passengers will not.On Monday, UberEAT drivers will receive $4,200 ($4,800 with tax and a $1,500 surcharge) for every hour of work they undertake on the train.That money is the equivalent of $8,500 in wage payments, but it does […]

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Which will be the biggest biotech stocks in 2018?

Axios has put together a ranking of the biggest tech companies based on market cap, revenue, market value, earnings per share and earnings per square foot.They’ve also compared these companies with each other.The tech stocks are ranked in order of the highest to lowest price/earnings per share.The lowest priced stock is No. 10, while the […]

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