Business news

Business news • Jun 29

Ipsen to buy blood cancer company Kartos Therapeutics for $450M upfront

Ipsen will pay $450 million upfront to buy Kartos Therapeutics and its MDM2 protein-targeting drug candidate that it in-licensed from Amgen back in 2016.

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Business news • Jun 29

Comcast to Spin Off NBCUniversal, Ending a Long Union of Cable and Media

The media business, which owns NBC News and Universal Pictures, will be separated from Comcast's cable and internet business, following a trend in the media...

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Business news • Jun 29

Comcast Announces Plans to Separate Media and Technology Businesses into Two Leading Public Companies

Creation of Independent Comcast and NBCUniversal Positions Both Companies for Enhanced Strategic Focus, Agility and Value Creation.

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Business news • Jun 29

The central bank of central banks warns AI frenzy could trigger stock-market slump and jeopardize economy

The Bank for International Settlements is often referred to as the central bank of central banks. It's owned by 63 countries representing 95% of global GDP...

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Business news • Jun 29

Red, white and glowing blue: Trump's push for new reactors reaches the finish line

A little over a year ago, President Trump set an ambitious goal: He wanted to see American companies build at least three new experimental nuclear reactors...

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Business news • Jun 29

Hormuz oil exodus sets stage for chaotic rebalancing act

Crude prices may be back near levels seen before the Iran war, but the surge in oil exports from the Middle East following the reopening of the Strait of...

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Business news • Jun 29

Oil prices rise as US, Iranian strikes threaten Strait of Hormuz reopening

Brent crude edges up as tit-for-tat strikes imperial return to normality in key waterway.

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Business news • Jun 29

China's factory activity likely returned to meagre growth in June: Reuters poll

China's factory activity likely returned to growth in June, albeit by the slimmest of margins, as ​the world's second-largest economy struggles for momentum...

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Business news • Jun 29

Prime Day is over, but these 5 deals are still live (and you don't want to miss them)

Amazon Prime Day is over, but some of my favorite offers are still available, including deals on the Garmin Fenix 8 Pro, Walmart Plus, and more.

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Business news • Jun 29

Stock futures edge higher, Asia mixed as renewed U.S.-Iran attacks push oil prices up: Live updates

Stock futures were slightly higher on Sunday, as tensions between Iran and the U.S. escalated once again following renewed attacks in the Middle East,...

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Business news • Jun 29

Dow Jones Futures Rise On U.S.-Iran News; Market At Tipping Point; Tesla, Jobs Report Loom.

Dow Jones futures: The U.S. and Iran reportedly have agreed to halt tit-for-tat attacks. Tesla sales and the June jobs report on are on tap.

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Business news • Jun 29

The Cutthroat Battle to Become America’s Rare-Earth Champion

A legal fight between two of the U.S.'s biggest rare-earths companies illustrates the stakes behind the breakneck effort to loosen China's hold on the...

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Business news • Jun 29

AOC calls to ‘break up’ big tech companies amid price hikes

Rep. Alexandria Ocasio-Cortez calls for breaking up large tech companies, citing unchecked power and lack of consumer protections.

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Business news • Jun 29

Is it still worth collecting Hilton points on stays?

A reader asked if it's still worth collecting Hilton points when staying with them, or if you should book through other avenues.

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Business news • Jun 29

Asia stocks adrift as Middle East worries meet rate-hike bets

SINGAPORE, June 29 (Reuters) - Asian stocks wobbled on Monday after Iran and the United States agreed to halt renewed hostilities that had cast a shadow...

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Business news • Jun 29

Camp CGI Chai Closes on 36 Acre Campgrounds

CGI Chai Girls Camp has announced that they have closed on the purchase of a new 36-acre campgrounds in Lackawaxen, Pennsylvania.

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Business news • Jun 29

Wall St futures rise on report US, Iran halt attacks after weekend flare-up

Investing.com-- U.S. stock index futures rose on Sunday evening as investors assessed reports that Washington and Tehran had agreed to halt recent...

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Business news • Jun 29

Award-winning brewery closes with no notice

The workers were mid-brew when the equipment was shut off, and they were told to leave.

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Business news • Jun 29

Fidelity reveals serious gap in retirement portfolios

For many Americans, decades of steady growth in a 401(k) balance can reinforce confidence that retirement planning is on track.

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Business news • Jun 29

Oil jumps back above $70 as fresh U.S.-Iran clashes reignite Middle East supply fears

Oil edged higher on Monday after renewed military strikes between the U.S. and Iran reignited concerns over crude supplies from the Middle East.

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