Business
Shares of GameStop skyrocketed Monday after the same amateur trader who drove the 2021 meme stock frenzy over the video game retailer returned to social media. GameStop shares were up nearly 70 percent Monday morning, rising to roughly $30 per share from a Friday closing price of $17.39. GameStop shares had peaked at just under…
A record number of Americans are expected to travel by car this Memorial Day weekend, and airports could be busier than they’ve been since 2005, according to a forecast released Monday by AAA. The auto club anticipates 43.8 million people will travel 50 miles or more from home over the holiday weekend, surpassing pre-pandemic levels.…
Prime Minister Srettha Thavisin wants to upgrade Hua Hin airport, to accommodate more and international flights, and to change its name to “Petch Hua Hin”. During his inspection trip to…
The producer of a drug for Lou Gehrig’s disease that recently failed in a study plans to remove the medicine from the U.S. market. Amylyx Pharmaceuticals announced on Thursday that it will stop marketing in the U.S. and Canada. In March, the company revealed that its drug had not shown any benefit for patients in a 600-person study. The drug’s failure is a significant disappointment for ALS patients and advocates who urged the FDA to approve it. Amylyx’s voluntary withdrawal resolves a potential issue for the FDA, which had no way of quickly forcing the drug from the U.S. market. This is because regulators gave the drug full approval in 2022, even though the Cambridge, Massachusetts, company only presented initial study results.
The Energy Ministry is seriously concerned about the global diesel price increase of US$2.74/barrel that occurred yesterday. This might lead to domestic…
The region experienced steady or slight decreases in unemployment levels in February, and continued improvement year-over-year.
Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has maintained the economic growth projection for 2024 for Thailand at 2.8%-3.3% as it urges the government to cut interest rates,…
During the Senate's hearing on the serious financial mismanagement of the Massachusetts hospitals owned by Steward Health and the increasing influence of private equity in healthcare, the chair for CEO Ralph de la Torre was conspicuously empty.
Donald Trump is taking legal action against two co-founders of Trump Media & Technology Group, the new publicly traded parent company of his Truth Social platform. He claims they should give up their stock in the company because they established it incorrectly.
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