The Daily Upside

Healthcare

Biotech That Once Promised ‘Next Gen’ COVID Vaccine Files for Bankruptcy

Photo by SHVETS Production via Pexels

Gritstone Bio announced it is “taking action” to “preserve value and strengthen capital structure” on Thursday.

2 min read
Banking

TD Bank Accepts Cap on US Growth, $3 Billion in Penalties After Failing to Monitor Money Laundering

Photo by Mike Mozart via CC BY 2.0

TD Bank pleaded guilty Thursday to conspiracy to commit money laundering for criminal groups, including global drug cartels.

2 min read
Consumer

7-Eleven Parent Company Has a New Plan to Ward off Couche-Tard’s Takeover

Photo by Train Fan via CC BY-SA 4.0

As the takeover bid from Couche-Tard heats up, Seven & i Holdings announced a plan to split its business in two.

2 min read
Patent Drop

Intel Patent Could Help Build Security Trust in Enterprise AI

Photo via U.S. Patent and Trademark Office

Intel’s recent patent could help track down when AI slips up after it’s shipped out.

2 min read

Advisor Upside

Financial advisor news, market insights, and practice management essentials.

Banking on a Fed Rate Cut Today, Investors Look for Hints of What’s Next

Photo via Annabelle Gordon/Sipa USA/Newscom

1 min read
UPS Eliminates 48,000 Jobs While Working Toward $3.5 Billion Cost-Cutting Target

Photo via Lindsey Nicholson/UCG/Universal Images Group/Newscom

2 min read
Microsoft, OpenAI (Finally) Finalize Terms of Not-Quite Divorce

Photo via Mattie Neretin/Sipa USA/Newscom

2 min read

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