Strong psychiatric drugs used to control hallucinations and delusions are being prescribed more often for children in the UK, a trend that has experts concerned about safety and appropriateness.
Just two months after Prime Minister Anwar Ibrahim took power, one of his most important coalition allies is facing an internal showdown that risks upending Malaysia’s newfound stability.
(Bloomberg) — Wells Fargo & Co., announcing a “new strategic direction” for a mortgage empire that was once the largest in US banking, said it will stop funding home loans arranged by outsiders and shrink the portfolio of debts that it services.
(Bloomberg) — Walt Disney Co. is rolling out the first changes at its theme parks since Bob Iger returned as chief executive officer in November, undoing some of the work of his predecessor.
(Bloomberg) — University of Texas researchers have clinched a US Department of Defense contract worth up to $25 million to develop vaccines using Moderna Inc.’s messenger RNA technology.
The California Public Employees’ Retirement System is making a $1 billion wager that small private equity firms without the heft of the biggest buyout institutions can boost the pension giant’s returns and clout.
Allen Weisselberg, who oversaw the finances at Donald Trump’s companies for decades, was led out of a Manhattan courtroom in handcuffs after being sentenced to 5 months in jail for tax fraud, and will finally part ways with the Trump Organization.
(Bloomberg) — Seagen Inc.’s new Chief Executive Officer David Epstein said he’s hunting for deals for emerging oncology drugs while keeping internal focus on the drugmaker’s core technology for attacking tumors.
Rep. Katie Porter, a high-profile progressive in Congress, on Tuesday launched a campaign for the Senate seat of fellow California Democrat Dianne Feinstein, who hasn’t announced whether she’ll seek another term in 2024.
(Bloomberg) — Prominent fixed-income manager Jeffrey Gundlach said investors trying to figure out how the interest-rate situation will play out should pay attention to the bond market rather than the Federal Reserve.
