Amgen Inc received approval from the U.S. Food and Drug Administration for its cancer drug, Lumakras (sotorasib) as the first treatment for adult patients with non-small cell lung cancer whose tumors have a specific type of genetic...
Amazon announced today that it will acquire the Metro Goldwyn Mayer’s (MGM) for $8.45 billion, significantly enhancing its online content strategy.
“MGM has a vast catalog with more than 4,000 films—12 Angry Men, Basic...
Shares of the oat milk brand Oatly soared nearly 30 percent during the company’s public market debut Thursday.
The stock began trading around 11:45 a.m. ET at $22.12, about 30 percent above the IPO price,...
Bristol Myers Squibb (BMS) will gain the global rights to Agenus’ investigational cancer drug, AGEN1777, in a deal worth up to $1.38 billion.
Under the licensing agreement, BMS will spearhead development and commercialization of...
According to Lincoln Financial Group’s Monthly Consumer Sentiment Tracker, Asian Americans (37%) are most worried about lost income from layoffs and reduced employment hours as a result of COVID-19—a fear that is not unfounded in a population hit...
Krispy Kreme said this week that it had confidentially filed with U.S. regulators for an initial public offering, a move that would result in the doughnut chain's return to the stock market five years after it was...
Jay-Z’s deal to sell his music-streaming service Tidal to Jack Dorsey’s financial services company Square has closed at more than $435 million.
Square is paying $350 million for 80 percent of Tidal in the...
The US economy surged 6.4 percent in the first quarter of the year as the US recovery from the COVID-19 pandemic picked up speed, driven by government spending and mass vaccinations.
America’s gross domestic...
Celebrity brand, Honest Co. said Monday it was aiming for a valuation of over $1.5 billion in its initial public offering in the US.
Actress Jessica Alba, known for her roles in film “Fantastic Four”...
The financial media company, Benzinga is diversifying its corporate treasury into Cryptocurrency, joining the innovative ranks of Tesla and MicroStrategy. Benzinga is among the nation's leading financial news outlets providing real-time news coverage to more brokerages than any...
