1 min read
Business

Investors bullish on Viking Therapeutics as oral obesity drug shows efficacy in Phase 1 study

Viking Therapeutics Inc. (VKNG) saw a surge in its stock price following the release of positive results from its Phase 1 clinical trial for its oral obesity drug.

2 min read
Business

In-N-Out forced to close doors in Oakland due to unsafe environment

Rise in Crime
The decision to shut down the In-N-Out location in Oakland comes after a noticeable increase in crime in the area. The management team of the restaurant cited safety concerns for both employees and customers as the primary reason for the closure.

2 min read
Business

Oil Prices Drive Gas Prices Above $5, Consumers Brace for Even Higher Costs

Gas prices have surged across the country, topping $5 per gallon in some areas. The increase comes as a result of rising demand and limited supply. Drivers are feeling the pinch at the pump, with many wondering how much higher prices will go.

2 min read
Business

Grim Milestone: California’s Unemployment Rate Climbs to Highest Level in the Country

California’s unemployment rate has reached the highest level in the United States, according to recent data released by the Bureau of Labor Statistics. With a rate of 8.3%, the state has seen a significant increase in joblessness over the past year.

2 min read
Business

Nike shares surge following impressive sales performance in US and China

Nike stock surged after the company reported stronger-than-expected sales, driven by robust performance in the United States and China. The sportswear giant’s shares rose by 4.7% in after-hours trading on Thursday, following the release of its latest quarterly earnings report.