The Food and Drug Administration on Monday approved Biogen’s Alzheimer’s drug aducanumab, making it the first U.S. regulator-approved drug to slow cognitive decline in people with Alzheimer’s and the first new drug for the disease in nearly two decades. The FDA’s decision was eagerly awaited. The drug, which is marketed under the name Aduhelm, is…

A help wanted sign is displayed outside of a business before Memorial Day near the boardwalk in Wildwood, New Jersey. Spencer Platt | Getty Images News | Getty Images The weaker-than-expected April jobs report fueled speculation of U.S. labor shortages and led some state officials to declare an early end to enhanced unemployment benefits.  …

Asia has more than 30 cities with populations greater than five million people, yet only two can lay claim to the top bar on Asia’s 50 Best Bars list. Every year since the list’s inception, the continent’s best-ranked bar has been in either Hong Kong or Singapore. The annual ranking is organized by William Reed…

Indian women wait in line for food in New Delhi. SOPA pictures | LightRakete | Getty Images The World Bank has warned that while the pandemic is recovering, critical measures must be taken to get women back into work and on the path to gender equality. The pandemic has exacerbated existing gender gaps, and more…

Chairman/CEO of AMC Entertainment Inc. Adam Aron speaks onstage during the 2018 Will Rogers Pioneer of the Year Dinner at Caesars Palace during CinemaCon, the official convention of the National Association of Theatre Owners, on April 25, 2018 in Las Vegas, Nevada. Alberto E. Rodriguez | Getty Images “Silverback” has spoken, and he wants to…

For shoppers of a certain age, Fossil Group was a shopping mall fixture — with its leather belts, handbags, and of course, quartz watches sold in collectible tins. The fashion watch and accessories company was remarkably successful for decades, from its founding in 1984 until just a few years after Apple introduced the Apple Watch.…

The idea is that the hydrogen ferry should run between Kirkwall (pictured above) and Shapinsay. Donna_Carpenter | iStock | Getty Images Plans to build a hydrogen fuel cell-powered sea ferry moved ahead on Friday after it was announced that a commercial contract to develop a concept design had been awarded. Caledonian Maritime Assets Ltd, which…

The Amazon Pharmacy home screen on a smartphone arranged in the Brooklyn Borough of New York, U.S., on Tuesday, Nov. 17, 2020. Gabby Jones | Bloomberg | Getty Images Ask a sports star before a game whether their team is going to win and they’re likely to say yes with confidence. And then cue the…

When the market was crashing in March 2020, financial advisor Ivory Johnson, founder of Delancey Wealth Management, decided it was time to introduce cryptocurrencies to his clients. “I did it because I saw how active the Federal Reserve was and how much they were diluting the dollar,” which would be incredibly inflationary, Johnson said. A…

Investment firm Mudrick Capital has ditched both its debt and equity positions in AMC Entertainment, CNBC’s David Faber sources say, as the cinema chain’s stocks continue to trade wildly amid a boom in speculative retailing. AMC announced earlier this week that it had sold 8.5 million shares to Mudrick for $ 230.5 million. The hedge…