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Merck Signs $3.3 Billion Cancer Drug Deal With China-Based LaNova
Merck announced a $3.3 billion deal to license an early-stage cancer drug from China-based LaNova Medicines, two months after a competing...

By The Financial District
Nov 20, 20241 min read


Ben & Jerry’s Sues Unilever Over Alleged Censorship On Gaza Statements
Ben & Jerry’s has filed a lawsuit against its parent company, Unilever, accusing the conglomerate of attempting to silence its support for..

By The Financial District
Nov 20, 20241 min read


"Deadpool & Wolverine" Helps Disney Beat Earnings Forecasts
Walt Disney surpassed Wall Street’s earnings expectations, thanks to the blockbuster success of the irreverent Marvel summer hit Deadpool...

By The Financial District
Nov 20, 20241 min read


ByteDance Valuation Reaches $300 Billion Amid Share Buyback Program
TikTok parent company ByteDance is now valuing itself at approximately $300 billion.

By The Financial District
Nov 19, 20241 min read


Europe’s Richest Man, Bernard Arnault, Sues Elon Musk
Several prominent French media groups, including two publications owned by billionaire Bernard Arnault, have filed a lawsuit against the...

By The Financial District
Nov 19, 20241 min read


German Firm Acquires Three UK Airports
Spanish infrastructure giant Ferrovial and Australian investment fund Macquarie have announced their agreement to sell the operator of...

By The Financial District
Nov 19, 20241 min read


Outage Hits Bluesky Just As The Platform's Popularity Takes Off
The social media platform Bluesky experienced an outage last week, coinciding with its surge in popularity.

By The Financial District
Nov 19, 20241 min read


French Court Orders Google To Halt News Search Scheme
A Paris court has ordered Google to stop a planned project that would allegedly suppress certain media articles in its search results.

By The Financial District
Nov 19, 20241 min read


McDonald’s Invests $100-M To Rebuild Customer Trust After E. Coli Outbreak
McDonald’s is allocating $100 million to regain customer confidence following an E. coli outbreak linked to onions in its Quarter Pounder...

By The Financial District
Nov 19, 20241 min read


UK Pizza Hut To Raise Funds After Budget Tax Hikes
The operator of Pizza Hut restaurants in the UK, Heart With Smart (HWS), plans to raise over £10 million to address rising costs following..

By The Financial District
Nov 19, 20241 min read


Foxconn Nets $1.5 Billion In Q3
Taiwan's Foxconn, the world's largest contract electronics manufacturer, reported a better-than-expected 14% rise in quarterly profit to...

By The Financial District
Nov 19, 20241 min read


Barnes & Noble Returns To Georgetown Flagship Store
In a symbolic move highlighting the revival of physical bookstores, Barnes & Noble has returned to its iconic Georgetown location in...

By The Financial District
Nov 19, 20241 min read


PAGCOR Sends 21,000 Relief Packages To Typhoon-Ravaged Northern Luzon
The Philippine Amusement and Gaming Corporation (PAGCOR) launched a massive relief drive in Northern Luzon on Friday, November 15, in the...

By The Financial District
Nov 19, 20241 min read


Social Media Disinformation Influenced U.S. Election Result
Latinos, young men, non-college-educated white people, suburban women — exit polls often focus on shifting behaviors in these demographic...

By The Financial District
Nov 18, 20241 min read


T-Mobile Targeted In Chinese Cyber-Espionage Campaign
T-Mobile’s systems were among those breached in a large-scale Chinese cyber-espionage operation targeting telecommunications companies...

By The Financial District
Nov 18, 20241 min read


Salzburg Airport Enhances Passenger Experience With Real-Time Feedback Solutions
Salzburg Airport in Austria has taken a major step forward in elevating passenger satisfaction by embracing advanced real-time feedback...

By The Financial District
Nov 18, 20242 min read


Sweden Picks Embraer's C-390 As Its New Military Cargo Aircraft
Sweden has selected Embraer's C-390 Millennium as its new military cargo aircraft, marking the first time a northern European country has...

By The Financial District
Nov 18, 20241 min read


Dutch Appeals Court Overturns Landmark Climate Ruling Against Shell
A Dutch appeals court has overturned a landmark 2021 ruling that required energy company Shell to cut its carbon emissions by a net 45% by..

By The Financial District
Nov 18, 20241 min read


Warner Bros. To Settle NBA Broadcast Rights Suit
Warner Bros. Discovery (WBD) is set to settle its lawsuit against the NBA and announce a deal with Disney to exclusively license its...

By The Financial District
Nov 18, 20241 min read


Nissan To Cut 9,000 Jobs Amid Sluggish China And U.S. Sales
Nissan Motor announced it will cut 9,000 jobs and reduce global manufacturing capacity by 20% to lower costs by $2.6 billion in the...

By The Financial District
Nov 18, 20241 min read


Sumitomo Rubber Closes New York Tire Plant, Cuts 1,550 Jobs
Sumitomo Rubber has announced it will close its tire manufacturing plant in western New York, resulting in the elimination of all 1,550...

By The Financial District
Nov 18, 20241 min read


Prosecutors Seek 21 Years For Archegos Founder Bill Hwang
Federal prosecutors are seeking a 21-year prison sentence for Bill Hwang, founder of Archegos Capital Management, following a market...

By The Financial District
Nov 18, 20241 min read


China’s CATL Considers U.S. Plant If Trump Allows Investment
CATL, the world’s largest battery maker, is open to building a plant in the United States if President-elect Donald Trump allows Chinese...

By The Financial District
Nov 17, 20241 min read


Japan's 7-Eleven Owner Eyes $38 Billion Buyout To Go Private
Japan's 7-Eleven convenience store chain owner, Seven & i Holdings, is reportedly considering a $58-billion management buyout to go private.

By The Financial District
Nov 17, 20241 min read
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