EU regulator starts safety review of coronavirus drug

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EU regulator starts safety review of coronavirus drug

LONDON (AP) — The European Medicines Agency says it has started a safety review after some patients taking the coronavirus drug remdesivir reported serious kidney problems. In a statement on Friday, the EU regulator said it isn’t clear whether remdesivir …
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Walmart to sell majority stake in Asda for $8.8 billion

Walmart plans to sell majority ownership in Asda Group Ltd., its United Kingdom grocery subsidiary, to EG Group founders the Issa brothers and U.K. private-equity firm TDR Capital in a deal valued at £6.8 billion ($8.79 billion). Bentonville, Ark.-based Walmart …
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Twilio Wows Wall Street With Long-Range Sales Growth Forecast

Twilio (TWLO) is the IBD Stock Of The Day as the internet cloud communications software maker impressed Wall Street with its virtual investor day presentation. On Friday, Twilio stock rocketed despite it being a mostly down day for the stock market. X.
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Catherine MacGregor appointed new Engie CEO

PLEASE DO NOT PUBLISH UNTIL I SAY SO, WE NEED TO WAIT FOR ENGIE TO SEND A PRESS RELEASE, BUT FLAKS SAYING IT’S DONE. Engie has appointed Catherine MacGregor as its new chief executive, making her the only female boss in …
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Hyliion stock down more than 9% on trading debut

Shares of Hyliion Holdings Corp. HYLN, -10.82% fell more than 9% on Friday on their first day of trading on the New York Stock Exchange. Hyliion late Thursday said it completed the merger with blank-check company Tortoise Acquisition Corp. as announced …
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