University of Pennsylvania President Liz Magill has resigned after receiving criticism for her testimony at a congressional hearing on campus antisemitism where she struggled to answer a question about whether calling for the genocide of Jews violated the college’s rules.UPenn Board of Trustees Chairman Scott Bok also said he would…

British American Tobacco p.l.c. (NYSE:BTI) 2023 Full Year Pre-Close Trading Update December 6, 2023 3:30 AM ET Company Participants Tadeu Marroco – CEO Javed Iqbal – Interim CFO Victoria Buxton – Head of IR Conference Call Participants Jacob de Klerk – Redburn Atlantic Owen Bennett – Jefferies Rey Wium -…

The European Union on Friday agreed to landmark rules for artificial intelligence, in what’s likely to become the first major regulation governing the emerging technology in the western world.Major EU institutions spent the week hashing out proposals in an effort to reach an agreement. Sticking points included how to regulate…

November’s solid jobs report did not assure that the economy will come in for a soft landing, but it did help to clear the runway a little more.After all, there’s nothing about a 3.7% unemployment rate and another 199,000 jobs that even whispers “recession,” let alone screams it.At least for…

At a Glance In the dynamic world of biotech/pharma stocks, Journey Medical Corporation’s (NASDAQ:DERM) recent surge has been nothing short of meteoric. The company, focused on dermatological conditions, has seen its stock undergo a parabolic move, catapulting it to the top of Seeking Alpha’s overall Quant rating. This ascent is…

McDonald’s is promising that the menu at its new CosMc’s restaurant will be out of this world. The fast food giant, which this week announced that the spinoff brand would be opening its first location in Bolingbrook, Illinois, has revealed the full roster of menu items for the concept. McDonald’s…

Broadcom (AVGO) reported mixed fiscal fourth-quarter results Thursday, coming up slightly short on the top line, despite strong profitability. The forward guidance was complicated by a number of moving parts and cyclical challenges in the semiconductor business — but we’re unconcerned because the company’s AI story remains intact, along with…

Written by Nick Ackerman, co-produced by Stanford Chemist. Call-writing funds are designed to provide substantially higher distributions to investors by collecting options premiums from their underlying portfolios. There are a plethora of option writing funds available these days, both in closed-end fund and open-end fund forms such as exchanged traded…

Meta, OpenAI, and Microsoft said at an AMD investor event Wednesday they will use AMD’s newest AI chip, the Instinct MI300X. It’s the biggest sign so far that technology companies are searching for alternatives to the expensive Nvidia graphics processors that have been essential for creating and deploying artificial intelligence…

McDonald’s will open the first location of its new spinoff brand CosMc’s this week in Bolingbrook, Illinois.The fast-food giant plans to open 10 CosMc’s locations, including nine restaurants in Texas, by the end of 2024 in a test. McDonald’s will then spend a year analyzing data to decide whether it…