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Celgene inks a deal with biotech start-up Skyhawk Therapeutics
Biotech start-up firm Skyhawk Therapeutics entered into a five-year deal with Celgene (CELG) in which it will receive...
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Salesforce joins Silicon Valley’s battle with the government
Salesforce.com (CRM) has joined the list of tech companies caught in a tug of war between its employees...
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Should oil and gas companies be held accountable for global warming?
Climate-change lawsuits filed by the cities of San Francisco and Oakland against five major oil companies were dropped...
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Amazon pumps in $200 million for new distribution center in Charlotte
Charlotte officials on Monday gave Amazon (AMZN) the nod to build a new distribution center in the city....
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Warren Buffett ropes in Lee Enterprises to revive Berkshire newspapers
Warren Buffett’s Berkshire Hathaway (BRK-A) is seeking the service of industry experts to revamp its newspaper business, which...
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Toys ‘R’ Us closes remaining stores for good
After more than 70-years in business, the iconic toy retailer Toys ‘R’ Us will complete the closure of...
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No antitrust violation by American Express, says SC
American Express (AXP) has won the lawsuit on credit card fees, with the Supreme Court declaring that the...
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British firm mulls $1.3bn-lawsuit against Ford for putting dangerous vehicles on road
It all started when a frustrated customer in the UK created a Facebook page called ‘Ford EcoBoost Nightmare’...
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JinkoSolar stock drops on weak quarterly results
JinkoSolar Holding (JKS) reported a 93.3% dip in earnings for the first quarter due to lower solar module...
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GE to sell healthcare unit and Baker Hughes stake; stock jumps 6%
Shareholders of General Electric (GE) got a morale booster on Tuesday when the company disclosed plans to spin...
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China’s richest eye Xiaomi IPO despite Shanghai index slump
As smartphone giant Xiaomi Corp readies itself for a mammoth IPO in Hong Kong, China’s billionaires are circling...
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Why semiconductor stocks tumbled today?
Trade war tensions battered the US stock market today. Dow, S&P 500 and Nasdaq indexes were down 1.33%,...