Tesla Brings Robotaxi to Two New Cities, But Good Luck Finding One
Tesla added Robotaxi to Dallas & Houston, but there's only 1 car in each city so far. Service is very limited and hard to get. Expansion is moving slowly.
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Jack Daniel’s Family Prefers French Buyer Over American Rival
Jack Daniel’s owner prefers selling to French company Pernod Ricard over American rival Sazerac. They want better brands, more influence, and to keep Louisville important.
Blue Owl to Acquire Sila Realty Trust for $2.4 Billion in All-Cash Deal
Sila Realty Trust is being bought by Blue Owl for $2.4B in cash, paying a 19% premium; it will go private and delist.
Agios Pharma Shares Crash as Novo Nordisk Posts Strong Phase 3 Sickle Cell Results
Novo Nordisk’s new pill cuts sickle cell pain crises, boosting outcomes and sending Agios Pharma shares down after strong trial results.
New Drug Shows Stronger Hair Regrowth After 1 Year in Severe Alopecia Areata
Nektar drug showed promising hair regrowth in severe alopecia areata after 52 weeks, with good safety and twice-monthly shots.
Passage Bio Stock Plunges as FDA Demands Full Randomized Trial for PBFT02
Passage Bio fell after the FDA demanded a larger trial; the drug shows promise for brain disease, but its future is now costlier and slower.