US FTC to delay decision on Chevron-Hess deal during Exxon arbitration, Bloomberg reports
(Reuters) – The U.S. Federal Trade Commission plans to delay its decision whether to block Chevron’s $53 billion takeover of…
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US FTC to sue drug middlemen over insulin prices, WSJ reports
(Reuters) -The U.S. Federal Trade Commission is planning to sue UnitedHealth, Cigna and CVS Health – the three largest pharmacy-benefit…
Musk’s Neuralink working on new brain implant device
(Reuters) -Neuralink, Elon Musk’s brain-chip company, is working on a new device that it believes will require half the number…
NBA finalizes $76 billion broadcasting deal with Disney, Amazon, Comcast, Athletic reports
(Reuters) -The National Basketball Association has finalized a $76 billion deal that will make Comcast’s NBC and Amazon.com’s Amazon Prime…
Musk’s xAI, Oracle end talks on $10 billion server deal, The Information reports
(Reuters) -Billionaire Elon Musk’s artificial intelligence startup xAI and tech giant Oracle have ended talks on a potential $10 billion…
Eli Lilly to buy bowel disease drug developer Morphic for $3.2 billion
(Reuters) -Eli Lilly will acquire Morphic Holding for $3.2 billion, the companies said on Monday, giving the U.S. drugmaker access…
Citi to cease operations in Haiti after 50 years
(Reuters) -Citigroup will wind up its operations in Haiti due to weak demand from institutional clients and lower international banking…
Revolut CEO to sell part of stake in $500 million share sale, Sky News reports
(Reuters) -British fintech company Revolut’s CEO Nikolay Storonsky will cash in part of his multibillion dollar stake in the company…
Carlyle in talks to buy Baxter’s kidney care unit, source says
(Reuters) – Private equity firm Carlyle Group is in exclusive talks to acquire Baxter International’s kidney care spinoff Vantive for…
Meme stock speculation propels Koss shares 25% higher on Friday
By Suzanne McGee (Reuters) – Shares of headphone maker Koss Corp. soared for the second session in a row on…