Category: Business News
Merck lands Chinese obesity drug in deal worth nearly $2 billion
Merck will receive an exclusive global license to Chinese drugmaker Hansoh’s HS-10535, an experimental oral drug that targets GLP-1 receptors. Read more Source link
Honda has threatened Nissan in an attempt to fend off Foxconn, Nikkei says
Should Foxconn’s approach become hostile after rejection, Honda has reportedly offered to protect Nissan as a white knight investor. Read more Source link
Nissan rolls back diversity policy as activists claim victory
Nissan’s letter echoes similar moves by more than a dozen companies, from rival Toyota Motor Corp. to Walmart Inc. and Harley-Davidson Inc. Read more Source link
Billionaire Justin Sun Allegedly Forced CoinDesk’s New Owners To Remove Banana Article, Editor Matt Murray Resigns
Crypto exchange Bullish bought CoinDesk at the end of 2023 for close to $75 million. Read more Source link
The Fed’s higher inflation forecast and rate projections shake the stock market
BlackRock’s chief investment officer Rick Rieder calls it a “new phase” of the rate-cutting cycle. Read more Source link
Leaked university email shows ivy leagues accepted wealthy students ‘we really wouldn’t have admitted otherwise,’ lawsuit says
The last line of the email read: “I hope the rich raise some more smart kids next year!” Read more Source link
Congress is straining after Trump and Musk pushed through a government funding plan
“One of the worst laws ever written,” Elon Musk posted on his X social network. Read more Source link
Texas billionaires bet $200 million on college football’s “mock.” It pays off with a championship ride
Support from deep-pocketed donors quickly launched the program from mediocrity to national prominence. Read more Source link
Salesforce CEO Marc Benioff is a big believer in agentic artificial intelligence
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