Federal Reserve Bank of San Francisco President John Williams said quickening economic growth and gains in the job market may prompt the Fed in the next few months to start reducing its $85 billion in monthly bond-buying.
SolarCity Corp., a solar-energy developer chaired by billionaire Elon Musk, won financing from Goldman Sachs Group Inc. for more than $500 million in rooftop solar systems that the company will complete this year.
Two drugs from Bristol-Myers Squibb Co. shrank tumors in as many as half of patients with advanced melanoma, according to early research that may pave the way for cocktails that trigger the immune system to destroy cancer.
Avner Oil Exploration LLP and Delek Drilling-LP rose to the highest in a week as they said “significant” signs of natural gas were discovered at the Karish 1 site, increasing bets the find will help boost exports.
Roche Holding AG’s experimental leukemia drug shrank tumors in more patients when added to chemotherapy, according to study results that may aid the company in expanding its line of blood-cancer treatments.