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Merck Says Investigational Diabetes-Related Blindness Drug at Par With Roche’s Medicine
Benzinga3h agobearish
Merck Says Investigational Diabetes-Related Blindness Drug at Par With Roche’s Medicine

Merck & Co. Inc. (NYSE:MRK) on Thursday announced topline results from the pivotal Phase 2b/3 BRUNELLO trial in adults with diabetic macular edema (DME). DME is a serious eye complication of diabetes where high blood sugar damages tiny retinal blood vessels, causing them to leak fluid into the macula (the central part of the retina responsible for sharp vision) and making it swell. BRUNELLO is the first of two Phase 2b/3 trials evaluating remigromig (MK-3000, formerly EYE103), an investigational

Paramount settles with US states in big step towards closing Warner Bros merger, source says
Reuters3d agoneutral
Paramount settles with US states in big step towards closing Warner Bros merger, source says

Sept 21 (Reuters) - Paramount Skydance has settled with California and 11 other states that sued to block its $110 billion acquisition of Warner Bros Discovery, a ‌source familiar with the matter said on Monday, clearing one of the last ‌hurdles to a deal that would reshape Hollywood. The settlement includes the creation of independent editorial boards for CNN and CBS, ​the source said, a move aimed at safeguarding the independence of their news operations under the combined company.

Tesla faces major trial for alleged bias against Black workers, after years of lawsuits
Reuters3d agobearish
Tesla faces major trial for alleged bias against Black workers, after years of lawsuits

Sept 21 (Reuters) - A California agency's lawsuit accusing Tesla of allowing rampant race discrimination at its flagship assembly plant is set to go to trial on Monday, one of a ‌series of similar lawsuits being faced by the electric vehicle maker. Lawyers for Tesla and the California ‌Civil Rights Department will square off in Oakland before state Superior Court Judge Peter Borkon, who has scheduled the trial to run until October ​30.

Uber Ordered to Pay $40 Million in Wrongful Death Lawsuit
The Wall Street Journal6d agobearish
Uber Ordered to Pay $40 Million in Wrongful Death Lawsuit

Uber has been ordered to pay $40 million to the parents of a woman who was hit and killed by another car on the freeway, after her Uber driver allegedly pulled over and ordered her and her friend to get out of the vehicle.

Coinbase CEO recalls sending one bitcoin to entice early users
Yahoo Finance Video7d agobearishVIDEO
Coinbase CEO recalls sending one bitcoin to entice early users

Scott Melker sits down with Coinbase (COIN) CEO Brian Armstrong to discuss the future of bitcoin (BTC-USD), why it could hit $400,000 by 2030, and Armstrong's memory of sending one bitcoin to users as an incentive to use the platform. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto.