The S&P 500 notched an all-time closing high on Friday, yet most of its sectors were still trading below levels seen when the index reached its last peak.
A.P. Moller-Maersk A/S plans to continue diverting ships away from the Red Sea “for the foreseeable future” after pausing transits earlier this week to assess the situation.
A former Alexion Pharmaceuticals Inc. executive avoided jail after pleading guilty to sharing information about the company’s planned purchase of another company in 2020 with a boyhood friend.
Vivek Ramaswamy sold about $33 million worth of shares in his biotech company Roivant Sciences Ltd., continuing to largely fund his presidential campaign with his own money.