The deaths of two more patients taking part in a study of Juno Therapeutics' experimental leukemia drug last month was a fresh setback to the highly anticipated new way to treat the cancer.
Trump’s tech boon Dec. 7, 2016
Consumers feeling bullish Dec. 6, 2016
Electric car threat? Dec. 3, 2016
DirecTV: cable killer? Dec. 2, 2016
- German central bank ups growth forecast for 2016, 2017
BERLIN (AP) — Germany's central bank has increased its growth forecast this year and next for the country's economy, Europe's biggest.
- Americans' odds of earning more than parents have plunged
WASHINGTON (AP) — The likelihood that young adults will earn more than their parents has plummeted in recent decades, a study has found, fueling concerns that the American dream of steady upward mobility is foundering amid a widening wealth gap.
- Lululemon and Tailored Brands surge; Gilead and Grumman drop
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Thursday:
- Sales, profit at Sears continue downward spiral
HOFFMAN ESTATES, Ill. (AP) — Sears, the one-time standard bearer for U.S. retail, has posted quarterly losses for more than a year now, and sales continue to slide as the company shutters poorly performing stores.
- European Central Bank adds half a trillion euros in stimulus
FRANKFURT, Germany (AP) — The European Central Bank will pour another half-trillion euros ($579 billion) in newly printed money into the eurozone economy to support its recovery as the currency union heads into what could be a tumultuous election year.
- Turkey's leader renounces foreign currencies to boost lira
ISTANBUL (AP) — Turkey's leader has renounced foreign currencies in favor of the ailing lira currency in keeping with his appeal to Turkish citizens to do the same, his spokesman said Thursday, as a new measure was unveiled to help struggling businesses.
- The Latest: ECB chief sees potential turmoil from elections
FRANKFURT, Germany (AP) — The Latest on the European Central Bank's policy meeting (all times local):
- Japan's economic growth in July-Sept revised to 1.3 percent
TOKYO (AP) — Japan's economy grew 1.3 percent in July to September from a year earlier, according to revised data reflecting weaker business investment and exports.
- Japan downgrades growth estimate for July-Sept to 1.3 pct
TOKYO (AP) — Japan's economy grew at a slower pace than earlier estimated in the July to September quarter, expanding at an annual pace of 1.3 percent.
- Prologis and Western Digital climb; Pfizer skids
NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday: