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Industrial real estate investment trusts (REITs) own and manage income-generating industrial properties, such as warehouses, distribution centers, logistics facilities, and manufacturing plants. Industrial REITs generate income by leasing the properties. Investors in industrial REITs can benefit from the demand for space in the logistics and manufacturing sectors. The growth of e-commerce and the need for efficient supply chain management have contributed to the growth of the space in recent yea ....
Editor’s Note: The title of the story is updated to correct the reference to ‘Breast’ cancer instead of ‘Lung’ cancer. Tuesday, Merck & Co Inc (NYSE:MRK) released topline data from hase 3 KEYNOTE-522 trial of Keytruda in high-risk early-stage triple-negative breast cancer (TNBC). The study evaluated Keytruda in combination with chemotherapy as a pre-operative (neoadjuvant) treatment and then continuing as a single agent after surgery (adjuvant). The study met its overall survival (OS) endpoint. ....
Economic fluctuations have profoundly impacted American consumer habits in recent years, particularly during hallmark holidays like Mother’s Day and Valentine’s Day. Despite these economic headwinds, Mother’s Day spending surpasses Valentine’s Day, highlighting a shift in consumer priorities and financial resilience. According to the National Retail Federation (NRF), this year’s Mother’s Day spending was projected at $33.5 billion, with consumers spending an average of $254 each. While this figu ....
Apple faces increasing scrutiny over its App Store fees as a U.S. District Judge raises concerns about its practices. Carson Oliver, Senior Director for Business Management for the App Store, testified before U.S. District Judge Yvonne Gonzalez Rogers in Oakland, California, defending the company’s 27% commission on certain in-app purchases. However, Judge Rogers questioned the justification for this rate, citing a study commissioned by Apple that suggested a rate half of that would be more appr ....
Japan's housing industry is facing the reality that it is possible to have "too much of a good thing." That's because while America's real estate industry is wrestling with a lack of availability that has caused a housing crisis, Japan has a housing crisis for the exact opposite reason. It's an oversupply of properties, not a lack of inventory, roiling Japan's housing market. According to Japan's Ministry of Internal Affairs and Communications, nearly 9,000,000 vacant properties exist in Japan. ....