Novartis AG agreed to buy Chinook Therapeutics Inc. for as much as $3.5 billion to add two promising

President Joe Biden is scheduled to meet with business leaders and experts on artificial intelligence as his administration

US regional banks could look to tap the investment-grade market after Charles Schwab Corp. raised $2.5 billion in

House Speaker Hakeem Jeffries sounded confident that Congress would vote to avert a default on the US’s obligations on Sunday, hours after news broke that the White House had reached a deal with Republican leadership to raise the debt ceiling. The “agreement in principle” was announced Saturday evening after much of the House of Representatives and Senate had left for the Memorial Day weekend. A handful remained in Washington to continue negotiations ahead of the deadline; the US Treasure Department estimates that the federal government’s ability to pay its debts will be in question come 1 June — this Thursday. Mr Jeffries spoke on CBS’s Face the Nation on Sunday. While he cautioned that he had not seen the actual text of the bill, which is reportedly set to cap funding for the US government (except for the military) through 2024, he offered a simple “yes” when asked directly if he could guarantee that the US would avert default. It’s a statement that will likely mean a sigh of relief for those Americans worried about the effects that a credit downgrade would have on the US economy, though that remains a possibility thanks to the toxic partisanship that brought the US to this point in the first place, but also one that may frustrate progressives and other Democrats who may see the development as Democrats giving in to the GOP’s demands. The deal does stave off further debt ceiling negotiations until 2025, but many on the left simply wish to do away with the limit altogether. And there’s already signs that many on the conservative right do not like the deal, with some even calling any legislation that raises the debt limit a non-starter. Their opposition within the GOP’s slim House majority necessitates votes from Democrats to pass this deal or any other. More follows...

Walt Disney's board on Wednesday extended the term of Chief Executive Officer Robert Iger till the end of

LAKE FOREST, Calif.--(BUSINESS WIRE)--Oct 20, 2023--

Exxon Mobil Corp.’s ambitious expansion in trading is running into a thorny issue: whether or not to pay

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LONDON Symphony, the markets infrastructure and tech firm, is teaming up with Google to ramp up its voice

The education of robot umpires has been complicated by an open secret in baseball for the past 150 years: The strike zone called on the field doesn’t match the one mapped out in the rule book

Instacart’s shares are surging in the grocery delivery company’s stock market debut

By Shashwat Chauhan European shares struggled for direction on Wednesday as losses in utilities, led by Denmark's Orsted,