Business

Elon Musk, the world’s richest man and outspoken critic of the mainstream media, has long had a contentious relationship with MSNBC, which he has called “the utter scum of the Earth” and accused of “peddling puerile propaganda.” Just days ago, he declared, “MSNBC is going down.” Now, Musk is taking it a step further, posting…

Cassava Sciences’ stock (SAVA) experienced a catastrophic drop on Monday, losing over three-quarters of its value. This collapse followed the failure of the company’s Alzheimer’s treatment, simufilam, in a critical Phase 3 trial. The trial evaluated simufilam’s efficacy in patients with mild-to-moderate Alzheimer’s disease. After a year of treatment, the drug failed to demonstrate a…