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...
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...
Both the FDA and Centers for Disease Control have decided to stop administering Johnson & Johnson’s Covid-19 vaccine after reviewing data involving six reported cases of a rare and severe type of blood clot in individuals in...
In his annual letter to shareholders, JPMorgan Chase CEO Jamie Dimon says the US economy is poised to come roaring back from the coronavirus crisis over the next two years.
According to Dimon, hefty government...
Results from Zillow's Consumer Housing Trends Report show renters of color typically submit more applications — and pay more in application fees — before they secure...
A COVID-19 investigational vaccine, developed by City of Hope scientists and now licensed to GeoVax Labs Inc., produced a robust neutralizing antibody...
