U.S.-China Decoupling Poses Supply-Chain Risks for Drug Companies
A proposed bill in Congress targets Chinese biotech businesses that play an important role in developing drugs.
Arcus Biosciences (RCUS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Walmart is shutting down its health centers and virtual care offering, continuing a broader shake-up in telehealth. WMT stock is near a buy point.
Oil prices have been declining on optimism regarding a possible ceasefire between Hamas and Israel and rising crude inventories.
(Bloomberg) -- The US Federal Trade Commission is poised to greenlight Exxon Mobil Corp.’s $60 billion purchase of Pioneer Natural Resources Co. after the companies agreed that Pioneer’s co-founder and former chief executive officer won’t join the board, according to people familiar with the matter.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College Ca
Antitrust enforcers are set to allege former Pioneer CEO Scott Sheffield discussed coordinating oil-production levels with other producers and OPEC.
Walmart announced the launch of bettergoods its own private food brand with several category pillars. Here's what to know.
NEW DELHI (Reuters) -Oil prices rose on Thursday, rebounding from three days of losses, on expectations the lower levels may prompt the U.S., the world's biggest crude consumer, to start replenishing its strategic reserve, putting a floor under prices. Still, prices fell more than 3% on Wednesday to a seven-week after the U.S. Federal Reserve kept interest rates steady, which may curtail economic growth this year and limit oil demand increase. Crude was also pressured by an unexpected increase in U.S. crude inventories and signs of an impending Israel-Hamas ceasefire that would ease Middle East supply concerns.
Microsoft will invest $2.2 billion over the next four years in Malaysia to support the country's digital transformation, the company said in a statement on Thursday. Microsoft's announcement came as chief executive Satya Nadella visited Kuala Lumpur on Thursday, part of a tour in Southeast Asia to promote the U.S. company's generative artificial intelligence (AI) technology. Microsoft said the investment will include building cloud and AI infrastructure, creating AI skilling opportunities for 200,000 people, and supporting the growth of Malaysia's developer community.
(Bloomberg) -- The expanded Trans Mountain pipeline has entered commercial operation, concluding a decade-long wait for one of Canada’s largest and most controversial energy projects.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesJerome Powell Offered Markets a Reprieve. It Vanished in a BlinkThe Ozempic Effect: How a Weight Loss Wonder Dr
On Friday, King Yuan Electronics Co., a Taiwan-based chip testing firm, announced that it was selling its mainland China-based operations, citing geopolitics.