Biotechnology firm headquartered in California, Synthorx is to be bought by France's Sanofi SA for a whooping sum of $2.5 billion. Sanofi agreed to the deal on Monday, December 9th, 2019...
Last week, Investing Port reported that the stocks of Macy Inc. (M) were among those that performed poorly in the course of 2019. The shares of Macy's Inc. have slipped lower tod...
The Business Insider has reported that black franchisees that make up the McDonald's chain are leaving due to disparity in cash flow between them. In 2008, there were 304 black f...
Over the weekend, Elon Musk took the new model of the electric truck out for a drive in Malibu, California. From the moment the electric truck was unveiled, it triggered mixed feelings, ...
SoftBank is going to sell its nearly 50% stakes back to the dog-walking app, Wag Labs Inc. following some layoffs at the start-up Wag company. This indicates another failed bet ...
Chevron Corporation(CVX) has expected to write down as much as $11 billion in the fourth quarter of the year, which is more than half of its Appalachia natural gas assets. T...
It is indeed no doubt that shares of JPMorgan Chase and Co has been a hot stock in 2019 and it climbed to nearly 40% from the beginning of the year till now. However, a note obta...
Nestlé is going to sell its US ice cream business that includes Häagen-Dazs for a whole $4bn in cash into a private equity-backed vehicle that would create a stronger ch...
Yesterday, Intel (INTC) issued a statement stating that it had picked up Israeli AI chipmaker, Habana Labs. The deal which is valued at around $2 billion, is the latest piec...
Ride-hailing company, Uber announced today that its founder and former CEO Travis Kalanick is leaving the company's board of directors. According to a press release issued by the...