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I covered Cullinan Therapeutics, Inc. (NASDAQ:CGEM) twice in the last year, and both times I wondered why the stock was trading below cash. It had a decent enough market cap for a small biotech; it just had way more cash. I am just checking it again now, and I am…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.During a rare interview with the Financial Times in February, Telegram’s chief executive Pavel Durov boasted of having a “perfect job, perfect life”. Sitting in his gleaming office on the 35th floor…
The Georgia election workers who successfully sued former New York mayor Rudy Giuliani for defamation asked a federal court on Friday to enforce the $146 million judgment in their favor, listing a wide variety personal items that could be used to pay off the money they’re owed. Lawyers for Ruby…
“I don’t want to be a burden on my children when I’m old.” This statement is one I consistently hear expressed by older people from all walks of life. While it’s natural and noble to be worried about how you might disrupt your children’s lives as you age, “worrying” isn’t…
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The…
Check out the companies making headlines in midday trading. Dollar General – The discount retailer’s shares tumbled nearly 30% after the company slashed its sales and profit guidance for the full year. Dollar General CEO Todd Vasos said the softer sales trends are partially attributable to a core customer who…
If you’re looking for a new job, you might have better luck searching outside coastal cities like New York or San Francisco.The metro areas around Denver, Colorado; Oklahoma City, Oklahoma; and Las Vegas, Nevada; are the hottest job markets in the U.S., according to a new report from ADP Research.ADP…
Brazil’s Supreme Court has threatened to suspend the social media platform X if Elon Musk doesn’t appoint a new legal representative of the company in Brazil and settle any outstanding daily fines within 24 hours. It marks the latest in an ongoing feud between Musk and the court’s judge, Justice…
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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Lower-income American households are running out of money at the end of every month, the discount retailer Dollar General said as it released dismal results that drove its shares down almost 30…