Merck KGaA, the family-controlled German pharmaceutical company, announced a deal to acquire SpringWorks Therapeutics for approximately $3.9 billion. The acquisition price of $47 per share represents an enterprise […]
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J&J and ImmunityBio Compete in Bladder Cancer Treatment Space
Johnson & Johnson (J&J) aims to revolutionize bladder cancer treatment with its TAR-200, currently under FDA review. This intravesical system delivers chemotherapy directly into the bladder, targeting Bacillus […]
Markets
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Legendary Fund Manager Warns of Bear Market Risk for S&P 500
A legendary fund manager has issued a concise warning regarding the potential risks of a bear market for the S&P 500. This cautionary message underscores the importance of […]
Economy
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The Future of Social Security Rests on a Career Bureaucrat and a Finance Titan
The Social Security Administration (SSA) faces a pivotal moment as its future hinges on the leadership of a career bureaucrat and a finance executive. The agency, employing nearly […]
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Airbus Reaches Deal to Acquire Spirit AeroSystems Plants
Airbus has reached an agreement to acquire Spirit AeroSystems’ facilities in the U.S. and UK as part of a restructuring deal with Boeing. This acquisition raises concerns about […]
Technology
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IBM Commits $150 Billion to Boost U.S. Tech and Manufacturing
International Business Machines Corporation announced it will invest $150 billion in the U.S. over the next five years, with over $30 billion allocated to enhance American manufacturing of […]
Economy
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Economic Warning: Stagflation Could Return Due to Current Policies
The term ‘stagflation,’ which refers to high unemployment, rising inflation, and low economic growth, is causing concern among economists. In an article published by The Atlantic, former George […]
Economy
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Treasury Secretary Bessent Stresses China’s Role in De-Escalating Trade Tensions
Treasury Secretary Scott Bessent emphasized on Monday that the responsibility for resolving trade tensions lies with China. “It’s up to China to de-escalate, as they sell five times […]
Technology
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Analyst Claims Tesla’s Brand Damage is Irreversible After Elon Musk’s Return
Elon Musk, the CEO of Tesla, indicated earlier this week that he intends to step away from political activities and concentrate on the struggling electric vehicle brand. However, […]
Technology
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Nvidia Shares Slip Amid Huawei’s AI Chip Testing
Investing.com — Huawei Technologies is set to test its latest artificial intelligence processor, the Ascend 910D, which could potentially replace some of Nvidia’s high-end products. Expected to arrive […]