The Biotech Takeout Menu Gets Pricier

Biotech investments are typically risky, but companies regarded as natural takeover targets for big pharma are outperforming.

https://www.wsj.com/articles/the-biotech-takeout-menu-gets-pricier-11670477036?mod=rss_markets_main

Crumbleys seek lower bond again: We never tried to flee. We can prove it.

The Crumbleys have requested lower bond numerous times, to no avail. They have been jailed for more than a year on $500,000 cash bonds. In their latest request, their lawyers are asking for a more …

https://finance.yahoo.com/news/crumbleys-seek-lower-bond-again-152847176.html

Shanghai Disneyland Reopens as Businesses in China Welcome Covid Easing

Cautious optimism spread across foreign companies operating in China following the easing of some of China’s most draconian zero-Covid measures.

https://www.wsj.com/articles/shanghai-disneyland-reopens-as-businesses-in-china-welcome-covid-control-easing-11670500690?mod=pls_whats_news_us_business_f

Shell’s UK Unit Got £1.2 Billion This Year to Weather Energy Crisis

Shell Plc gave its British retail energy arm roughly £1.2 billion ($1.5 billion) of financial backing this year to survive wild swings in natural gas and power prices.

https://www.bloomberg.com/news/articles/2022-12-08/shell-s-uk-unit-got-1-2-billion-this-year-to-weather-energy-crisis

New Dengue Vaccine Approved In Europe

The vaccine from Japanese drugmaker Takeda will provide an alternative to a Sanofi vaccine that has been dogged by safety issues.

https://www.wsj.com/articles/new-dengue-vaccine-approved-in-europe-11670474092?mod=pls_whats_news_us_business_f

Green Hydrogen Gets Boost in the U.S. With $4 Billion Plant

The planned factory by Air Products and AES will be the biggest facility powered by wind and solar in the U.S.

https://www.wsj.com/articles/green-hydrogen-gets-a-boost-in-the-u-s-with-4-billion-plant-11670458815?mod=pls_whats_news_us_business_f

Bargain-Hunting Smokers Give Big Tobacco a Headache

Cheaper cigarette brands are taking market share from large rivals such as BAT and Altria as smokers look for ways to save cash.

https://www.wsj.com/articles/bargain-hunting-smokers-give-big-tobacco-a-headache-11670513688?mod=rss_markets_main

The $42 Billion Question: Why Aren’t Americans Ditching Big Banks?

Big banks still pay next to nothing on savings, but their customers aren’t yet moving much money to higher-yielding alternatives.

https://www.wsj.com/articles/the-42-billion-question-why-arent-americans-ditching-big-banks-11670472623?mod=pls_whats_news_us_business_f

FTX’s Sam Bankman-Fried faces probe over Luna cryptocurrency crash

The feds are probing strange trading activity that may have contributed to FTX’s downfall.

https://nypost.com/2022/12/08/ftxs-sam-bankman-fried-faces-market-manipulation-probe-over-luna-cryptocurrency-crash/

Insiders hold 52% of The Beachbody Company, Inc. (NYSE:BODY), and they’ve been buying recently

Every investor in The Beachbody Company, Inc. (NYSE:BODY) should be aware of the most powerful shareholder groups. With 52% stake, individual insiders possess the maximum shares in the company. In …

https://ca.finance.yahoo.com/news/insiders-hold-52-beachbody-company-115039482.html