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Exelixis shares surge after FDA grants priority review for kidney cancer treatment

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Exelixis Inc. (NASDAQ: EXEL) shares surged over 25 percent on Monday after its announcement that the U.S. Food and Drug Administration (FDA) has approved and granted the company’s new drug for for kidney cancer for priority review.The company also announced its global phase 3 CELESTIAL trial m....

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Virgin Group Richard Branson invests in Hyperloop One

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Reported by CNBC, Virgin Group Ltd. founder, Richard Branson, is investing into Hyperloop One, a super-fast series of tunnels transporting passengers from one destination to another, which was originally conceptualized by Elon Musk, CEO of Tesla and....

General Motors to Shut Detroit Plant and Lay Off Workers

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General Motors Co. (NYSE: GM) announced plans to cut back production by about 20% and shut down their Detroit assembly plant for about six weeks from the middle of November. The automaker also wants to lay off about 1,500 employees as they struggle ....

Bitcoin breaks above $5000

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On Thursday, Bitcoin reached an all time $5000 barrier for the first time rising to about 8% on the day as investors’ previous warnings on the risks of buying into the cryptocurrency market were let off. This year, Bitcoin has brought up a mor....

AT&T lowers Q3 Guidance due to Natural Disasters

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AT&T’s Inc.’s (NYSE: T) shares fell on Thursday after a filing stating that third quarter earnings will be negatively impacted due to the natural disasters as well loss of video subscribers. AT&T shares were down over 4 percent o....

JPMorgan beats Q3 estimates

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JPMorgan Chase & Co. (NYSE: JPM) reported its third quarter earnings for fiscal year 2017 and beat analysts’ estimates in both earnings and revenue. JPMorgan shares were up 1 percent during premarket on Thursday.JPMorgan reported a net inc....

Amazon Allows Teen Shoppers to Share Accounts with Parents

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Amazon.com, Inc. (NASDAQ: AMZN) has launched a new service that will open their ecommerce platform up to millions more teen shoppers. Currently, consumers have to be 18 years of age or older to purchase goods through the website. Now, teens between ....

Coach Inc will Now be Tapestry Inc.

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Coach Inc. (NYSE: COH) has officially announced its decision to rename itself and the new name of the brand will be Tapestry Inc. The move comes after a couple of acquisitions expanded the brand's product well beyond what it originally started o....

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