German stocks slid for a second day as European Central Bank President Mario Draghi said he sees risks to the region’s economic recovery and warned that monetary policy cannot compensate for lack of government action.
European stocks retreated, posting the biggest two-day slump in more than four months, as European Central Bank President Mario Draghi said that the economic recovery in the euro area remains subject to downside risks.
Affymax Inc. fell as much as 85 percent after the drugmaker and partner Takeda Pharmaceutical Co. voluntarily recalled an anemia treatment for kidney dialysis patients after reports of three fatal reactions.
Berkshire Hathaway Inc. is again giving stock pickers Todd Combs and Ted Weschler more money to invest after they beat the Standard & Poor’s 500 Index and left Warren Buffett “in the dust,” the billionaire chairman said.
Democratic Representative Shelley Berkley of Nevada violated U.S. House rules “by improperly using her official position” to aid help her husband’s kidney dialysis business, the Ethics Committee said yesterday.
Affymax Inc. dropped to its lowest value ever after the company said it will fire three-quarters of its workforce and hire a bank to evaluate a possible sale or bankruptcy after the recall of its only drug.