Twitter shares fall after Jefferies downgrades, calling Facebook ‘clear winner’ in social

Jefferies downgraded Twitter shares to hold from buy Thursday based on the view that there are “better social plays elsewhere.” “TWTR’s global platform has broad user engagement, but monetization is slipping,” Brent Thill and a team of...

The ‘worst solution’ to high drug prices is political interference, says former pharma CEO

Self-management and self-discipline are the keys to controlling exorbitant drug-pricing practices, veteran pharmaceutical executive Fred Hassan told CNBC on Thursday. That, along with leadership like Allergan CEO Brent Saunders starting his social contract with...

Mohamed El-Erian: The market will worry about debt-ceiling fight delaying tax reform

The U.S. markets have been well-behaved despite the political noise coming from Washington and geopolitical concerns, but at some point that may change, noted economist Mohamed El-Erian told CNBC on Thursday. And it is not necessarily because of a government shutdown...