VIA optronics AG, a supplier of interactive display systems based in Nuremberg, Germany, has announced that its founder, Juergen Eichner, is no longer suspended from the company. However, Eichner will be taking a paid extraordinary vacation until the end of the year as part of a personal initiative. The decision to withdraw Eichner's suspension was made by the company's board … [Read more...] about VIA optronics Lifts Suspension of Founder Juergen Eichner
Forex News
Health-Care Companies Face Setbacks in the Race for Weight-Loss Pills
Health-care companies experienced a mixed performance in the stock market following a significant setback for one player in the competition to develop an effective weight-loss pill. Pfizer's Weight-Loss Drug Fails to Advance Pfizer, a prominent pharmaceutical company, saw its shares plummet after announcing that it would not proceed with a Phase 3 trial for a twice-daily … [Read more...] about Health-Care Companies Face Setbacks in the Race for Weight-Loss Pills
The Battle over Fighting Inflation Continues
The leader of America’s largest bank, JPMorgan Chase, believes that the battle over fighting inflation may not be over. Speaking at the New York Times DealBook Summit, chief executive Jamie Dimon expressed concerns about the increasing deficits and debts of governments worldwide. According to Dimon, these deficits are expected to rise further due to the necessary investments in … [Read more...] about The Battle over Fighting Inflation Continues
Carvana Stock Surges as J.P. Morgan Upgrades Rating
Carvana stock has experienced a remarkable surge from around $4 to $40 this year, and it continues to climb, with an 11% increase on Monday, thanks to an upgrade. A team of J.P. Morgan analysts, led by Rajat Gupta, has raised their rating on Carvana shares from Underweight to Neutral, along with raising their price target to $40 from $25. This decision comes after a facility … [Read more...] about Carvana Stock Surges as J.P. Morgan Upgrades Rating
Former Wells Fargo CEO Timothy Sloan Sues Company for $34 Million
Former Wells Fargo CEO, Timothy Sloan, has filed a lawsuit against the bank seeking $34 million in damages for alleged contractual violations related to his departure from the company in 2019 amidst a fake-account scandal. Sloan claims that Wells Fargo used him as a scapegoat, despite his lack of involvement in the sale-practice abuses, and disregarded his efforts to address … [Read more...] about Former Wells Fargo CEO Timothy Sloan Sues Company for $34 Million
