Markets

Morgan Stanley fined $5 million by the SEC over trading fees

Morgan Stanley will pay a $US5 million fine to the Securities and Exchange Commission over allegedly misleading some customers and charging hidden trading fees. The bank’s Smith Barney unit sold clients a “wrap fee” meant to cover investment advice and brokerage services. The SEC alleges that, from October 2012 to […]
Morgan Stanley fined $5 million by the SEC over trading fees
Markets

The tiny Australia biotech benefiting from its links to Donald Trump

Having connections in Donald Trump’s political machine in Washington has been positive so far for a small Australian biotech. Shares in Innate Immunotherapeutics, whose investors have been revealed as senior Republicans with connections to president-elect Trump, jumped in early trade today. A short time ago, they were up 4.8% to […]
The tiny Australia biotech benefiting from its links to Donald Trump
News

Science has found a way to beat multiple sclerosis using stem cells

A clinical trial using stem cells is the first treatment to fully halt all detectable central nervous system inflammatory activity in patients with multiple sclerosis (MS). The therapy, which involves destroying a patient’s immune system then rebuilding it through stem cell transplantation, also helped some patients to recover neurological function. […]
Science has found a way to beat multiple sclerosis using stem cells