Tag Archives: stocks

Stocks slip as CEOs warn of need for aid

CEOs said they worry that economic recovery will stall if Washington fails to approve another relief package, hours before stocks accelerated losses through the end of the day. “Further major support from the federal government is necessary to prevent economic recovery from being derailed,” said Joshua Bolten, CEO of Business Roundtable, the group of big-business… Read More »

Medical breakthroughs, looser FDA made biotech stocks one of the decade’s best investments

Alex Raths | Getty Images Biotechnology was one of the decade’s best investments as a dizzying pace of clinical innovation fueled the discovery of treatments once thought beyond the reach of modern medicine. A more aggressive FDA also aided the trend. An investor who purchased shares of the iShares Nasdaq Biotechnology ETF in December 2009… Read More »