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The failure of emraclidine, which AbbVie obtained after acquiring Cerevel, may present a considerable advantage for rival BMS.

(Bloomberg) -- Apollo Global Management Inc. is investing in startup Vega and adopting its technology that looks to improve service for clients looking to further their investments in private markets. Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationThe asset management giant and

(Bloomberg) -- Two years ago, the sudden collapse of Sam Bankman-Fried’s FTX sent several of the world’s high-flying crypto billionaires scrambling to preserve their wealth from the regulatory backlash to come.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationBitcoin’s surge to a

The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 12, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Investors who are new to crypto now have a powerful new way to invest in Bitcoin via the iShares Bitcoin Trust.

Bitcoin has surged by $20,000 in the past seven days as we examine the cohort breakdown of this rally.

News of the day for Nov. 12, 2024

(Bloomberg) -- McDonald’s Corp. sold its first Swiss franc-denominated bond since 2016, with the deal coming in the wake of an E. coli outbreak and disappointing third-quarter results.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationThe fast-food chain sold 550 million Swiss fran

Oil and natural gas companies for the first time will have to pay a federal fee if they emit dangerous methane above certain levels under a rule being made final by the Biden administration. The Environmental Protection Agency rule follows through on a directive from Congress included in the 2022 climate law. The new fee is intended to encourage industry to adopt best practices that reduce emissions of methane — the primary component of natural gas — and thereby avoid paying. Methane is a climate “super pollutant” that is far more potent in the short term than carbon dioxide and is responsible for about one-third of greenhouse gas emissions.

Elon Musk's close ties to the new Trump administration has investors rethinking the potential value of the EV maker's wider ambitions.