Carson Block’s Latest Short Bet Is Burned by Novartis M&A Deal
Carson Block’s Muddy Waters wager against a hedge-fund favorite, Chinook Therapeutics Inc., took a hit Monday after Novartis
2023-06-12 23:46
Novartis Agrees to Buy Chinook for Up to $3.5 Billion
Novartis AG agreed to buy Chinook Therapeutics Inc. for as much as $3.5 billion to add two promising
2023-06-12 13:52
Qatar’s Top Dealmakers Get Ready for a Spending Power Boost
Qatar is targeting more investment in new frontiers and sectors like technology and health care, as high demand
2023-06-12 12:20
China’s Covid-Positive Test Rate Jumped to 40% Last Month
China was walloped by a Covid-19 resurgence in May, with a positive test rate nearing the peak seen
2023-06-12 12:19
Eisai, Biogen Clinch FDA Advisers’ Support for Alzheimer’s Drug
Eisai Co.’s Alzheimer’s disease drug developed with Biogen Inc. gained support from advisers to US regulators, paving the
2023-06-12 09:22
Esoteric Fines Pile Up as China’s Provinces Hunt for Revenue
China’s indebted local governments are using a controversial way to generate revenue as they struggle to pay bills:
2023-06-12 05:20
Illumina CEO DeSouza Resigns After Facing Pressure From Icahn
Illumina Inc.’s board accepted the resignation of Chief Executive Officer Francis deSouza, effective Sunday, according to a statement.
2023-06-11 20:50
The Fed meets next week. What can investors expect?
Stocks have just come off a seemingly auspicious week — but could the Federal Reserve's June meeting dampen the rally?
2023-06-11 19:59
Biden Lauds LGBTQ Courage, Slams Anti-Trans Laws at Pride Event
President Joe Biden praised the LGBTQ community’s courage at what he described as the biggest Pride Month celebration
2023-06-11 04:25
US Expands China Forced-Labor Embargo, Banning Two New Firms
The US expanded a ban on imports from China’s Xinjiang region, placing two more companies on its so-called
2023-06-10 16:56
Investors rethink recession plays, boosting U.S. stock market laggards
By David Randall NEW YORK A U.S. stocks rally is showing signs of expanding beyond the cluster of
2023-06-10 05:48
Support for ESG Shareholder Proposals Plummets Amid GOP Backlash
Investor support for environmental and social shareholder proposals slumped to the lowest in six years amid the Republican
2023-06-09 20:16