Author: Daniel snow

Bristol Myers Squibb CEO Chris Boerner described his company’s new drug, Cobenfy, which can be used to treat psychiatric disorders like schizophrenia, saying the treatment is effective without the serious side effects of other traditional medications.”Unfortunately, until Cobenfy, we did not have a fundamentally new mechanism of action to treat those patients, and now we do,” Boerner said. “We get efficacy on par with the best of the existing atypicals, but we don’t see the side effect profile that you see with those drugs.”Schizophrenia is a debilitating mental illness that can cause hallucinations, delusions, paranoia and other emotional and behavioral…

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LIZZIE O’LEARY: From PwC’s management publication, strategy and business, this is Take on Tomorrow, the podcast that brings together experts from around the globe to figure out what business could and should be doing to tackle some of the biggest issues facing the world. I’m Lizzie O’Leary, a podcaster and journalist, and this is Series 3 of the show. And I am excited to say I am joined by a new co-host. FEMI OKE: Hello there! I’m Femi Oke, a broadcaster and journalist. I am really looking forward to joining you this season, Lizzie. And we also have plenty to…

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Qatar’s Emir Sheikh Tamim bin Hamad al-Thani (L) receives US President Donald Trump in the Qatari capital Doha on May 14, 2025. Brendan Smialowski | Afp | Getty ImagesABU DHABI, United Arab Emirates — If the Arab Gulf states were to hold a popularity contest right now, President Donald Trump would be the prom king.The 45th and 47th president of the United States was greeted with spectacular fanfare in Saudi Arabia, Qatar and the United Arab Emirates during his 4-day visit to the region.In Riyadh, Saudi Crown Prince Mohammed bin Salman broke royal protocol by personally greeting the president on…

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In a Tuesday interview with CNBC’s Jim Cramer, Nucor CEO Leon Topalian expressed optimism about what President Donald Trump’s tariff policies mean for the U.S. steel industry.”We saw the memo last Monday on tariffs and what they’re going to do,” Topalian said. “And I think they’re going to be far reaching, and I think they’re going to be very broad to, again, stop the illegal dumping, the manipulation, currency manipulation and subsidization of steels coming into the shores of the U.S.”He referenced actions during Trump’s first term, when the administration imposed a 25% tariff on steel imports, meant to curb…

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What is the proper role of business in society? The answer to this seemingly abstract question is more hotly contested today than at any other time in the past 50 years. In a world of climate change and ecological collapse, fewer customers and employees are satisfied with the position, famously summarized by economist Milton Friedman, that the only social responsibility of business is to increase its profits, while staying within the law. Many would like to see corporations go further. But how far? And in which directions? To discuss how business leaders can answer these questions and cultivate trust-based relationships…

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A judge on Friday sentenced an Alabama man to 14 months in prison for his role in the January 2024 hack of the Securities and Exchange Commission’s X account, which was used to send out a tweet that briefly spiked the price of bitcoin by more than $1,000, the Justice Department said.The man, Eric Council Jr., pleaded guilty three months ago in U.S. District Court in Washington, D.C., to conspiracy to commit aggravated identity theft and access device fraud in connection with helping others who took control of the SEC’s account.The X account was used to falsely claim that the…

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