Bristol Myers to buy RayzeBio for $4.1 billion in targeted cancer therapy push
By Bhanvi Satija (Reuters) -Bristol Myers Squibb said on Tuesday it would buy RayzeBio for about $4.1 billion to bolster…
Category: Business
Big oil enters 2024 strengthened by U.S. industry consolidation
By Gary McWilliams HOUSTON (Reuters) – The oil and gas industry went on a $250 billion buying spree in 2023,…
Israel grants Intel $3.2 billion for new $25 billion chip plant, biggest ever company investment in country
By Steven Scheer JERUSALEM (Reuters) -Israel’s government agreed to give Intel a $3.2 billion grant for a new $25 billion…
Wall Street awaits ‘Santa Rally’ with US stocks near records
By Lewis Krauskopf NEW YORK (Reuters) – Wall Street is counting on the so-called Santa Claus Rally to bring record…
Cybertruck designer says Tesla stainless steel pickup is no experiment
By Nichola Groom and Cath Turner LOS ANGELES (Reuters) – The angular, polarizing design of the Cybertruck will help boost…
OpenAI in talks to raise new funding at $100 billion valuation – Bloomberg News
(Reuters) – OpenAI is in early talks to raise a fresh round of funding at a valuation at or above…
US inflation decelerating in boost to economy
By Lucia Mutikani WASHINGTON (Reuters) – U.S. prices fell in November for the first in more than 3-1/2 years, pushing…
Not so ‘Super’ Saturday: Retailers dangle fewer discounts for inflation-weary shoppers
By Katherine Masters NEW YORK (Reuters) – Last-minute shoppers looking for late deals ahead of Christmas may find smaller discounts…
Tesla recalls 120,000 vehicles over doors that could unlock in crash
By David Shepardson WASHINGTON (Reuters) -Tesla is recalling just over 120,000 Model S and Model X vehicles in the United…
Factbox-How companies are responding to attacks on ships in the Red Sea
(Reuters) – Attacks on vessels by Iranian-backed Houthi militants in Yemen have disrupted international commerce on the shortest shipping route…