Off. It was a busy earnings day dominated by corporate news. And we begin with something no one saw coming. Biotech firm biogen surprised investors when it said the experimental alzheimers treatment was ready for the Regulatory Approval press. As you may recall, seven months ago the company discontinued the study of the drug which some expected to be the next blockbuster. Analysts say the profit potential is huge because there are no current therapies to reverse affects of the disease. A disease affecting millions and projected to affect millions more in the years to come. The news sent smars of biogen 26 , the best oneday gain since 1996. But as meg tyrell reports while there is hope there is a long road ahead. It was a diagnosis you dont expect in the early0s. Jeff was only 51 when he was told he has early on set alzhmerss disease with no drugs approved to slow alzheimerss progression he enrolled in a Clinical Trial of an experimental drug made by biogen designed to attack the am man
Warned companies to not violate the law. And initiated litigation where warranted. Republican attorney generals are defending americans from these global elites and radical g. S. E. Advocates. We appreciation the attention of this committee and members of congress are giving to e. S. G. This conversation and debate is one that must be returned to you, our nations policymakers. Thank you for the time and being here today. Thank you, general reyes. Chairman comer, ranking member, and members of the committee. Thank you for letting me testify before you on e. S. G. Factors are distorting our fangs systems and harming consumers and working class americans. It involves some of the biggest and most powerful players in the Global Economy forcing costly operational changes on American Companies in pursuant of the 2025 pairs Paris Agreement goals. These goals have never been adopted by congress. But contemplate changes to our way of life that are farreaching and fundamental. These changes invol
Im jim cramer. Welcome to my world. Theyre nuts, theyre nuts. They know nothing i always like it say theres a bull market somewhere. Mad money, you cant afford to miss it. Im cramer. Welcome to mad money, welcome to cramerica. My job is entertain, coaching, educating so call me. After todays not so hot action, dow dipping 21 points, down 1. 2 , nasdaq off. 83 off worries the Federal Reserve may allow Interest Rates to rise because of a stronger economy, you got to ask whether the Dow Jones Industrial average in 2013, beyond that unsustainably fabulous first day of the year. Despite yesterdays rally, you got to be a little suspicious, skeptical, critical, about how poorly the dow perform last year versus the s p and nasdaq, finishing up a pathetic 7. 26 . While the nasdaq climbed 15. 9 and the s p gained 13. 4 . Who are the culprits behind the dows underperformance . Who did well, though, in a futile attempt to save the index . And whats next for the venerable but oh, so out of sync 30
Daly is here about talk about americas cup. Let me say that im not inclined to go out of my way to do something for fear that somehow the Event Authority is going to go after the city because it failed to meet its obligations. Given, to be frank, the number of promises that were made about americas cup and how many of those promises were never really delivered, i would welcome any challenge that the city somehow failed to meet its obligations. So, i would say im prepared to act. I am convinced something is necessary, im convinced that we are in strong legal footing. I have enough questions at this point that i dont know im prepared to move forward without [inaudible] supervisor agreed i want to get some clarity in terms of the faa. Its my understanding that their obligation is to manage what happens within airspace to provide the accountability around Public Safety and so on and so forth. Im trying to understand why we are taking on this responsibility when theres a mechanism to manage
Necessary, im convinced that we are in strong legal footing. I have enough questions at this point that i dont know im prepared to move forward without [inaudible] supervisor agreed i want to get some clarity in terms of the faa. Its my understanding that their obligation is to manage what happens within airspace to provide the accountability around Public Safety and so on and so forth. Im trying to understand why we are taking on this responsibility when theres a mechanism to manage what happens within the airspace, whether for Public Safety reasons he says or what have you. John giving a deputy City Attorney. I dont know if this question really for me or for the department i want to my biggest concern has to do with the legalities of it. Because of my concern is that well first of all i dont think its worth it for the city to pass an ordinance that potentially we could get challenged legally by the faa. I am just trying to understand what i think supervisor kim helped a little bit wi