Driven Brands Holdings Inc. (DRVN) an automotive services company, on Tuesday reported a profit for the fourth quarter, swinging from a loss a year earlier, helped by a rise in revenue. In pre-market activity on the Nasdaq, shares of Driven Brands were down 4.71 percent, changing hands at $13.57,...
American International Group (AIG) has entered into a definitive agreement to acquire Everest Compaa de Seguros Generales Colombia S.A. or Everest Colombia, Everest Group Ltd.'s (EG) insurance subsidiary in Colombia. The subsidiaries of AIG will acquire 100 percent of the equity of Everest Colombia,...
After ending the previous session well off their worst levels but still mostly lower, stocks may see further downside in early trading on Tuesday. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.5 percent. Technology stocks may see...
InMed Pharmaceuticals (INM) has entered into a definitive merger agreement for an all-stock transaction with Mentari Therapeutics, a privately-held biotechnology company developing therapies for migraine prevention, Indigo Merger Sub Corp. a subsidiary of InMed, and Indigo Merger Sub II, a subsidiary...
Lifeward Ltd. (LFWD) on Tuesday announced the appointment of Keith Rose as Chief Medical Officer. Rose previously served as Vice President, Medical Affairs and Medical Director, Neurosciences at the company and will lead Lifeward's global medical strategy. Rose brings more than 30 years of experience...
UK Secretary of State for Culture, Lisa Nandy and Minister for Economic Transformation, Blair McDougall, will lead a delegation of 250+ strong business and cultural leaders to the United States to drive economic growth at a major expo, Greater Together LA. The mission will convene hundreds of business...
Amer Sports, Inc. (AS), on Tuesday reported higher profit for the first quarter as revenue rose. In pre-market activity on NYSE, shares of Amer Sports were up 3.26 percent, changing hands at $34.25, after closing Monday's regular session 0.94 percent higher. For the first quarter, Net earnings...
President Donald Trump has announced an expansion of TrumpRx.gov to provide unprecedented price transparency and choice on generic medications that millions of Americans use every day. From now on, TrumpRx.gov will feature more than 600 generic medications. The White House said that Americans will be able to clearly and transparently understand the most competitive cash prices of their medicati
Cullinan Therapeutics, Inc. (CGEM) on Tuesday said the U.S. Food and Drug Administration has granted Orphan Drug Designation to CLN-049 for the treatment of Acute Myeloid Leukemia. The designation provides certain development incentives, including tax credits for qualified clinical trials, exemption...
U.S. Transportation Secretary Sean P. Duffy has announced that the Federal Aviation Administration will invest $970 million to enhance the travel experience for families in U.S. airports. The Department delivered 133 grants to airports in 45 states through the Infrastructure Investment and Jobs Act - Airport Terminal Program (ATP) to invest in family-friendly airport projects. They include $2.8
Eagle Materials Inc. (EXP), on Tuesday reported a decline in the fourth quarter of fiscal year 2026 despite higher revenue compared with the previous year. The company said strong fiscal 2026 performance and record revenue were achieved despite geopolitical uncertainty and ongoing fiscal and trade...
A day after the World Health Organization declared the new Ebola outbreak in eastern Democratic Republic of the Congo an international emergency, top global disease transmission experts stressed that the chances of another global pandemic similar to the 2019 coronavirus emergency are increasing all the time. "The world is not safer from pandemics", said experts from the Global Preparedness Monito
Boston Scientific (BSX) announced positive results from the FRACTURE Investigational Device Exemption trial evaluating the use of the SEISMIQ 4CE Coronary Intravascular Lithotripsy Catheter to treat patients with severely calcified coronary artery disease. The company said the study met its primary safety...
Home improvement retailer Home Depot, Inc. reported Tuesday lower first-quarter earnings, hurt by higher expenses, even as net sales and comparable sales were higher. Further, the firm maintained fisca 2026 outlook. In pre-market activity on the NYSE, the shares were gaining around 0.7 percent
The United States has triggered a public health law to ban visitors from Africa's Ebola-hit region entering the country. On Monday, the Centers for Disease Control and Prevention, the Department of Homeland Security, and other federal agencies implemented enhanced travel screening, entry restrictions, and public health measures to prevent the viral disease from entering the United States amid ong
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.