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Norwegian Air suffers body blow as govt rules out more support

The Norwegian government will not provide additional financial support for pandemic-hit Norwegian Air , it said on Monday, leaving the cash-strapped carrier in a precarious situation. “That the government has decided to reject the request for funds is disappointing and feels like a punch in the gut for everyone at Norwegian,” Chief Executive Jacob Schram…

Cramer Gives His Opinion On Workhorse, Alibaba And More

On CNBC's "Mad Money Lightning Round," Jim Cramer said he would pick First Solar Inc. (NASDAQ: FSLR) over Solaredge Technologies Inc. (NASDAQ: SEDG).Plantronics Inc. (NYSE: PLT) is a good company and a very high quality stock, he said. He prefers lower-end companies, more gaming oriented, but he doesn't want to go against the call and…

Biogen Alzheimer’s Drug Fails to Gain FDA Panel’s Backing

(Bloomberg) — Biogen Inc.’s experimental Alzheimer’s disease therapy failed to gain support from a panel of U.S. Food and Drug Administration advisers on Friday, putting the drug at a crossroads as the agency weighs approval.The outside experts voted 8 to 1, with 2 undecided, that data from a single clinical trial with positive results was…