Bristol Myers Squibb beats earnings estimates, raises outlook as drugmaker slashes costs
The results come as Bristol Myers moves to cut $1.5 billion in costs by 2025 and reinvest that money into key drug brands and research and development programs.
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Secretary Austin’s secret hospitalizations ‘unnecessarily’ increased US national security risks, report finds
Defense Secretary Lloyd Austin’s secret hospitalizations “unnecessarily” increased America’s national security risk, according to a new report from the Department of Defense Office of Inspector General (OIG). The Pentagon watchdog’s scathing 188-page review scrutinizes the secretary’s hospitalizations in December 2023, January 2024 and February 2024 and puts the blame on Austin’s team for communication lapses…
Re hits record low on buzz of Malhotra being dovish
The Indian rupee hit a record low against the dollar, closing at 84.85. Sanjay Malhotra’s appointment as RBI governor sparked speculation of a dovish policy shift, with analysts predicting a rate cut as early as February. This expectation, coupled with India’s weak economic outlook, could further depreciate the rupee to 86 by March 2025.
BCCI objects to Pak demand, Champions Trophy deadlock continues
The BCCI has opposed PCB’s conditional agreement to a hybrid model for the upcoming Champions Trophy, causing fresh deadlock. While Pakistan allowed India to play at a neutral venue, they demanded to not play in India in future tournaments. BCCI rejected this citing no security threat in India. Discussions for an amicable solution are ongoing.
Eagles’ A.J. Brown recalls feeling like a ‘paid actor’ at previous Super Bowl, a loss to the Chiefs
NFL star A.J. Brown made headlines when cameras recently captured him passing time during a Philadelphia Eagles game reading a book, “Inner Excellence,” by self-help author Jim Murphy. Brown’s sideline routine contributed to a spike in book sales, with “Inner Excellence” quickly jumping into the top spot on Amazon’s trending list the day after the…
