•Alector confirmed the discontinuation of the Phase 2 PROGRESS-AD trial for nivisnebart after an independent data monitoring committee determined it was unlikely to meet its primary endpoint.
•Albany Engineered Composites, a segment of Albany International Corp., received a long-term contract to produce composite structural engine components for Pratt & Whitney GTF engines.
•The contract with Pratt & Whitney, an RTX business, extends through the year 2036.
•MGM Resorts is navigating operational changes including the closure of the MGM Grand Buffet and the bankruptcy of a food court operator at Circus Circus.
•The company's stock is currently trading below analyst targets and significantly below its estimated fair value.
•INVO Fertility received a notice from Nasdaq on April 23, 2026, for non-compliance with Listing Rule 5250(c)(1) due to the late filing of its annual report on Form 10-K.
•Jerome Powell announced he will continue to serve as a member of the Federal Reserve Board of Governors for an undetermined period after his term as chair ends in mid-May.
•Powell cited lingering legal threats against him and the Federal Reserve as a reason for his decision to remain at the central bank.
•The announcement comes as the Senate Banking Committee approved Kevin Warsh’s nomination to succeed Powell.
•Jerome Powell confirmed he will remain on the Federal Reserve Board of Governors after his term as chair ends in May to ensure institutional independence.
•Powell emphasized he will not act as a 'shadow chair' but cited ongoing legal threats against the central bank as a reason for staying.
•BNP Paribas has concluded an agreement to sell its entire 67% controlling interest in Banque Marocaine pour le Commerce et l'Industrie (BMCI) to Holmarcom Finance Company.