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Shares of Regeneron Pharmaceuticals (REGN) and Sanofi (SNY) edged higher Friday after their chronic obstructive pulmonary disease (COPD) treatment received approval from the Food and Drug Administration (FDA).
The drug, Dupixent, is the first biologic medicine approved in the U.S. for the treatment of COPD, a respiratory disease that restricts airflow and damages the lungs. The treatment showed a reduction of at least 30% in the annualized rate of moderate or severe COPD in a pair of Phase 3 studies, the companies reported.
Dupixent was previously approved for the treatment of other conditions, including atopic dermatitis and asthma.
Shares of Regeneron ticked up 0.2% Friday, while Sanofi shares listed in the U.S. rose 1.1%. The companies' stocks are up about 19% and 16%, respectively, since the start of the year.
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Governor Siminalayi Fubara of Rivers State has approved construction of a modern psychiatric hospital in Obi Akpor Local Government Area.
Nyesom Wike, Minister of Federal Capital Territory (FCT), his estranged godfather is from Rumuepirikom in Obio-Akpor. Both Wike and Fubara have been at crossroads over the control of Rivers State, with the minister accusing the governor of turning his back against those who helped him to the top.
Speaking at a reception organized for him by a group, the Ijaw Peoples Assembly, in Port Harcourt, on Saturday, Wike boasted that when the time comes, he would teach Fubara and his supporters a big lesson in the state.
He said: “Imagine in Rivers they are contemplating of APP. It is not about money. Money does not move. You can have all the money but if there is no capacity there is no capacity. All the things you see are people envious of our growth. We have defeated them severally and if opportunity comes again, we will defeat them We have not started politics, when the time comes, we will play politics. Our job is politics. Tell them to keep their party ready. We will teach them what is called politics.”
But responding at the Inter-denominational Church Thanksgiving Service organised as part of activities marking the 64th Independence Day Celebration of Nigeria at St. Paul’s Cathedral of the Anglican Communion at Garrison Junction, Port Harcourt, on Sunday, Fubara said what he did in one year outweighed the performance of his opponents in 8 years.
“They even say, they don’t know what we are doing. Let me remind them, it is Fubara that signed the paper to borrow from Zenith Bank the N200billion for the construction of the Port Harcourt Ring Road. So, it is my project. It is Fubara that awarded the Trans-Kalabari Road that they couldn’t do. They did only a bridge from Krakrama, but I am the one doing it: the complete span, and it is N225billion. I didn’t borrow.
It is this same Fubara that is building a General Hospital, which I also included a Psychiatric Hospital because they will need it very soon. So, tell them that what I did in one year is what they did in 8 years. It is only empty container that makes noise. If God has given you opportunity, eat your plantain and keep quiet. God will continue to give us the strength to do the best for our people, without fear.
Very soon, you will see what we are doing. It is not about doing roads to your business interest. I don’t have any business interest. Whatever I am doing, I am doing it for the people of Rivers State. We will not take any decision that we cannot defend. We won’t be part of anything that will bring any form of disgrace to our dear State. This State is important to us. It is the only thing that we have.
It is the beautiful pride. That is why they are struggling, coupled with the improvement in Internally Generated Revenue (IGR) we have done. That is why they are struggling, we know. But, do it with modesty, you don’t need to destr y the house.” Fubara said if his opponents continue to deride the grace of God on his life, they will continue to struggle for public recognition or approval. He said his policy in office is not to embark on “mere jamboree” of groundbreaking for projects but assured that any project started will be inaugurated and actually put to public use.
“So, please, I will beg everyone of you, God has given us this opportunity, we must safeguard it. They are the ones looking for a way to destroy it. “They didn’t believe we will get to this point, and I can tell you I had a reason for inviting all the candidates for the local government election for this service.”
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Generac Holdings (GNRC), a producer of home generators and other emergency power solutions, has seen its shares gain as Hurricane Helene made landfall in the southeastern U.S.
“You are seeing people taking the situation into their own hands, whether it is backing up their own homes or business or doing something to produce their own power,” Generac CEO Aaron Jagdfeld said in an interview with last week.
Hurricane Helene made landfall in Florida Thursday as a Category 4 storm and has since weakened to a tropical storm moving into Georgia and South Carolina. More than 4 million homes and businesses were without power Friday morning in the southeastern U.S., according to the tracking site poweroutage.us.
Generac’s stock price rose close to 2% Friday, and nearly 10% this week. With this week's gains, shares have climbed about 20% for the year so far.
In July, Generac had raised its full-year 2024 net sales guidance “[a]s a result of recent power outage activity, which includes the impact of major outage event Hurricane Beryl.” Generac shares rose 12% during the nearly two weeks of Hurricane Beryl’s impact.
“With only approximately 6% penetration of the addressable market of homes in the U.S., we believe there are significant opportunities to further penetrate the residential standby generator market as the clear leader in this category,” Jagdfeld said.
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Bobrisky has said he prays he finds a true friend soon, as he shares motivational quotes on friendships.
He said a true friend may be someone who accepts you unconditionally, helps you grow, supports you in tough times, and increases your ability to love yourself. You may also do these things for them, showing them they mean as much to you as you do to them and becoming a better friend. He prays he found one.
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The Minister of Power, Chief Adebayo Adelabu on Sunday claimed that over 40 percent of Nigerians now enjoy 20 hours of electricity supply daily.
The Minister in a statement made available to Vanguard by his media aide, Bolaji Tunji, explained that the feat was achieved following certain revolutionary measures taken by the government to ensure that Nigerians enjoy more stable and regular electricity supply.
The Federal Government through the Nigerian Electricity Regulatory Commission, NERC, in April this year removed electricity subsidies for about two million customers in Band-A with an assurance of at least 20 hours of power supply daily. Data from NERC for the month of August showed that average power generation was 4,150 Megawatts. Nigeria has an estimated population of over 200 million people.
Adelabu said all these were achieved with the support of President Bola Ahmed Tinubu as part of his renewed hope agenda to galvanise the economy. Adelabu who reviewed his one year in office as part of activities to mark this year’s Independent Day Celebration said the increase in power supply was due to the radical and bold steps that were taken.
“This feat is as a result of many of the revolutionary measures being undertaken by the Power Minister, with the support of President Bola Ahmed Tinubu”, he added. According to him, the President had consistently advocated that Nigeria can be great and achieve breakthrough in industrialization, through a stable and consistent power supply.
He said one of the major and significant achievements of his ministry within the last one year is that “today, we are generating over 5,500 megawatts of power”. He said the ministry is working to improve on this record, by the end of the year, as power supply constitutes one of the campaign promises of President Tinubu.
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Kansas City Chiefs' Travis Kelce is the highest-paid tight end in the NFL as of 2024. Kelce makes millions both on and off the field thanks to savvy investments, business ventures, and endorsement deals. Kelce has become even more popular since last year, thanks to his relationship with pop superstar Taylor Swift. Sales of Kelce's jersey jumped nearly 400% on sportswear and fan merchandise site Fanatics after Swift was seen cheering Kelce on at a Chiefs game last year, according to Kelce also signed a $100 milllion deal with Amazon's Wondery for a podcast he hosts with his brother, former Philadelphia Eagles center, Jason Kelce.
A three-time Super Bowl winner, Kelce has a net worth of about $90 million, according to Here's how Kelce makes his millions.
Kelce has made millions since being drafted by the Kansas City Chiefs in 2013, and has come to be known as one of the best tight ends in the NFL. In 2020, Kelce signed a 4-year, $57.25 million contract extension with the Chiefs, with an average annual salary of $14 million, according to In 2024, Kelce signed a new two-year $34.2 million deal with the Chiefs, with an average yearly salary of $17 million, making him the highest-paid tight end in the NFL.
Kelce makes millions off the field in major endorsement deals. Kelce earned an estimated $35 million off the field between 2023 and 2024, according to
Kelce's corporate sponsors include big brands like Nike (NKE), Bud Light, and State Farm. Kelce has also partnered with Pfizer (PFE), and has featured in ads promoting Pfizer's two-in-one flu shot and COVID booster. Consumer credit company, Experian (EXPGY), also launched a campaign with Kelce to promote its new digital checking account.
Kelce also does ads with his brother, Jason Kelce. The two appeared in a Campbell Soup (CPB) ad in August 2023 alongside their mom, Donna Kelce.
Kelce also has several brands and savvy investments. Kelce was one of several professional athletes who invested in hot sauce brand Cholula, and likely made a fortune when it was bought by food giant McCormick (MKC) for $800 million in 2020.
As of October 2023, Kelce is also invested in Formula One racing team, Alpine. Kelce, along with Chiefs quarterback Patrick Mahomes, joined a group of investors (which includes Reynolds and Rob McElhenney) who first bought a 24% stake in the F1 team back in June 2023—a deal worth about $218 million (200 million euros).
Kelce has also invested in at-home rowing machine startup Hydrow, which reached $255 million in funding last year, according to Kelce's other investments include tequila brand Casa Azul, sports lifestyle and entertainment content platform PlayersTV, menswear brand Indochino, and truck accessories company, RealTruck.
Kelce's businesses include Hilo Gummies, a line of nutritional supplements he helped launch in 2019 and for which he serves as Chief of Performance, and his sportswear brand Tru Kolors.
Kelce and his brother host a top-ranked sports podcast called "New Heights." The Kelce brothers signed a three-year ad-sales and distribution deal with Wondery, a podcast studio and publisher owned by Amazon for their podcast in August 2024. The deal is reportedly worth over $100 million, according to
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