Eleven drugmakers led by Pfizer and Novartis have set aside a combined $2 billion to invest in gene therapy manufacturing since 2018, according to a Reuters analysis, in a drive to better control production of the world's priciest medicines.
CEOs are worried about delivering earnings growth amid increasingly uncertain times.
Orders for Tesla Inc's electric pickup Cybertruck are inching closer to the record set by the company's Model 3 sedans in 2016, with company head Elon Musk signaling 250,000 customers have now lined up to buy the new vehicle less than a week after its launch.
Oil fell about 1% on Wednesday after a report showing U.S. crude inventories grew unexpectedly last week and gasoline stocks surged, but optimism that a U.S.-China trade deal would be reached soon limited losses.
The fuselage of Boeing Co's upcoming 777X aircraft was split by a high-pressure rupture just as it approached its target stress level during a test in early September, the Seattle Times reported on Wednesday.
Lone Star has entered exclusive negotiations to buy BASF's construction chemicals business as the German chemicals company seeks to focus on more profitable operations, people close to the matter said.
Deutsche Bank has sold $50 billion in unwanted assets to Goldman Sachs as part of its restructuring, three people with knowledge of the matter said on Wednesday.
Wall Street's main indexes notched fresh record highs on Wednesday, as latest data pointed to a resilient domestic economy and investors remained optimistic about a resolution to the prolonged U.S.-China trade war.
Contracts to buy previously owned U.S. homes fell unexpectedly in October, with new contract signings down in three of the four U.S. regions.
U.S. trade officials said they will announce any proposed action toward France on Monday when they release the findings from their investigation into the European ally’s tax on big internet companies such as Amazon, Google and Facebook.
The fuselage of Boeing Co's upcoming 777X aircraft was split by a high-pressure rupture just as it approached its target stress level during a test in early September, the Seattle Times reported on Wednesday.
Anheuser-Busch InBev , the world's largest brewer, is exploring options for its packaging activities as it streamlines its portfolio and focuses on its core beverage business, sources close to the matter said.
A federal judge said up to 29 million Facebook Inc users whose personal information was stolen in a September 2018 data breach cannot sue as a group for damages, but can seek better security at the social media company after a series of privacy lapses.
The market's rally may be far from over as low interest rates keep valuations in an attractive place, Wall Street legend Byron Wien says.
Wall Street's main indexes notched fresh record highs on Wednesday, as data pointed to a resilient domestic economy and investors remained optimistic about a resolution to the U.S.-China trade war.