Amgen settles with the FTC over $28 billion deal
The Federal Trade Commission will allow pharmaceutical giant Amgen to move ahead with its acquisition of Horizon Therapeutics, averting a trial set for September.
2023-09-02 00:17
Why the unemployment rate went up in August even though 187,000 jobs were added
Usually when the economy adds a lot of jobs in a given month the unemployment rate ticks down. That wasn't the case in August.
2023-09-01 23:53
Robinhood to buy back Bankman-Fried's stake for $605.7 million from US govt
(Reuters) -Robinhood said on Friday it had entered into a share repurchase agreement with the United States Marshal Service(USMS) for
2023-09-01 21:00
Home builder stocks shine as prospective buyers turn to new construction
Home builder stocks are on a tear, boosted by a jump in new home construction as Americans shun the historically tight and unaffordable housing market.
2023-09-01 19:47
Hurricane Idalia survivors can request disaster relief, but it's not always easy to get
Hurricane Idalia is over, but the rebuilding effort has just begun. Residents in Florida, Georgia and the Carolinas can access federal, state and local assistance, as well as aid from nonprofit and charitable groups, to help them contend with storm damage to their homes, vehicles and other property.
2023-09-01 19:19
Take Five: A September to remember?
As an awful August gives way to an uncertain September, investors hope this month will confirm that the
2023-09-01 17:47
New Rising Stars Are Powering Gulf’s $50 Billion Spending Spree
Oil-rich Gulf monarchies are channeling more international deals via state-backed firms instead of the region’s sovereign wealth funds,
2023-09-01 13:52
Asia’s Manufacturing Slump Worsens as China Curbs Demand
Manufacturing activity in Asia’s major export powerhouses slumped further in August as weak demand persisted in the region’s
2023-09-01 10:23
Broadcom Gives Downbeat Forecast, Signaling Sluggish Chip Demand
Broadcom Inc., one of the world’s five biggest chipmakers, gave a disappointing forecast for the current period, signaling
2023-09-01 06:28
Covid fraudster used pandemic rescue funds to buy alpaca farm
The pizzeria owner used a $660,000 Covid-era loan to buy a farm, cars, and radio airtime.
2023-09-01 05:27
Lululemon raises annual forecasts for second time on buoyant demand
Lululemon Athletica lifted its annual sales forecast for a second time on Thursday, betting on steady demand for
2023-09-01 04:46
Broadcom’s Earnings Will Test Whether AI Euphoria Is Fading
Having unlocked stock market riches in 2023, the “artificial intelligence” catchphrase faces a shift in sentiment — and
2023-09-01 02:50